331 E Bay Ave, Newport Beach, CA 92661
Image 2 for 331 E Bay Ave, Newport Beach, CA 92661
Image 3 for 331 E Bay Ave, Newport Beach, CA 92661
View Photos

331 E Bay Ave Newport Beach, CA 92661

$3,995 Leased Price as of 09/26/2023
  • 2 Beds
  • 1.5 Baths
  • 2,124 Sq.Ft.
Leased
$3,995 Leased Price as of 09/26/2023 Refinance Your Mortgage

Map preview of 331 E Bay Ave, Newport Beach, CA 92661

Property Overview: 331 E Bay Ave Newport Beach, CA has 2 bedrooms, 1.5 bathrooms, 2,124 living square feet and 3,485 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Ideally located on the Balboa Peninsula, this 2 bed 1.5 residence is just one block from the white sands of Newport Beach. This two-story rear unit boats modern finishes, a gas fireplace, light-colored laminate flooring, ample natural light and a private ground level patio. The stylish kitchen enjoys stainless-steel appliances, Quartz countertops, white cabinetry and lovely bay window above the sink. Both bedrooms are upstairs and feature newer carpet, generous closet space, ceiling fans and a shared full bath in the hall. The primary bedroom offers a private balcony. This unit offers access to a shared laundry area with washer/dryer hook-ups, a single garage space within a shared two-car garage and a single tandem driveway space. Enjoy the beach lifestyle with sunset walks on the Balboa Pier, ferry rides to Balboa Island for an ice cream or leisurely bike rides on the board walk. Located next to the Balboa Village, this townhome is perfectly situated near shopping, dining and activities.

Listed by Tim Carr | BRE #01017277 | Tim Carr Group
Last checked: 14 minutes ago | Last updated: September 26th, 2023 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft
3,485
HOA Dues
$0/mo
Year built
1962
Garage
1 Car
Property Type:
Apartment
Status
Leased
MLS#
NP23172284
City
Newport Beach
County
Orange
Time on Site
230 days

Property Details for 331 E Bay Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, See Remarks, Washer Hookup
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Downstairs Bedrooms: 0
  • Downstairs Bathrooms: 1
  • All Bedrooms Up
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Range
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 1
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Patio
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Garage, Parking Space
  • Has Attached Garage
Lot Information
  • Lot Features: Paved
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 04809218
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
  • Accessibility Features: None
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Unknown
  • Water Source: Public
Schools
School Information
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Peninsula (Residential) (BALP)
  • Directions: Take E Balboa Blvd, Left on Cypress and then Left onto E Bay. 331 is the back unit, entrance to the right of the driveway.
Neighborhood Information
  • Community Features: Biking, Watersports
View more facts & features

Local Newport Beach Agent

Loading...

Sale History for 331 E Bay Ave

Last leased for $3,995 on September 26th, 2023
  • September, 2023

  • Sep 26, 2023

    Date

    Leased

    CRMLS: NP23172284

    $3,995

    Price

  • Sep 16, 2023

    Date

    Active

    CRMLS: NP23172284

    $3,995

    Price

  • September, 2013

  • Sep 9, 2013

    Date

    Sold (Public Records)

    Public Records

    $1,375,000

    Price

Show More

Tax History for 331 E Bay Ave

Assessed Value (2020): $1,503,781
Year Land Value Improved Value Assessed Value
2020 $1,428,592 $75,189 $1,503,781

Home Value Compared to the Market

This property vs the competition

331 E Bay Ave has recently been leased in the city of Newport Beach. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Newport Beach has a median list price of $4,298,800. The median price per/sqft for Newport Beach is $1,506. With those numbers in mind, if you are looking to purchase a median priced home in Newport Beach, CA and put 20% down you will need to save up $859,760 for the down payment and will need roughly $85,976 for closing costs on top of the down payment.

About 331 E Bay Ave

Detailed summary of property

331 E Bay Ave is a apartment that was recently leased in Newport Beach, CA 92661. This apartment offered 2 bedrooms, 1.5 bathrooms, roughly 2,124 living square feet, and sits on an approximately 3,485 square foot lot. 331 E Bay Ave was first listed on ArdentRealEstateGroup.com on September 16, 2023. The homeowner leased the property for $3,995. While the average home in Newport Beach, CA is selling in 74 days, 331 E Bay Ave has a days on market of 10 days. There are currently 269 homes for sale in the Newport Beach real estate market and 201 of them are single family homes while 55 of them are condos and 13 are townhomes. Local homes that are currently for sale include 806 E Oceanfront #B, 301 Lindo Ave and 1003 E Balboa Blvd. For more information on this home for lease at 331 E Bay Ave Newport Beach, CA 92661 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 331 E Bay Ave

Public county record property details
Beds
--
Baths
--
Year built
1962
Sq. Ft.
2,124
Lot Size
3,392
Stories
2
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
2
APN
048-092-18

The source for these homes facts are from public records.

92661 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$6,750,000
Median List Price/Sq.Ft.
$2,241
Median Sold Price
$4,625,000
Median Sold Price/Sq.Ft.
$1,741
Total Inventory
45
Median Sale to List Price %
92.59%
Avg Days on Market
69
Loan Type
Conventional (12.5%), FHA (0%), VA (0%), Cash (37.5%), Other (37.5%)

Thinking of Selling?


Image Description
Is this your property?
Thinking of Selling?

Call, Text or Message

Related Resources to 331 E Bay Ave

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.