337 E Bay Front, Newport Beach, CA 92662
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337 E Bay Front Newport Beach, CA 92662

$6,300,000 Sold Price as of 03/22/2022
  • 4 Beds
  • 4.5 Baths
  • 3,312 Sq.Ft.
Sold
$6,300,000 Sold Price as of 03/22/2022 Refinance Your Mortgage

Map preview of 337 E Bay Front, Newport Beach, CA 92662

Property Overview: 337 E Bay Front Newport Beach, CA has 4 bedrooms, 4.5 bathrooms, 3,312 living square feet and 2,250 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 337 East Bayfront presents a rare opportunity to own a rare bayfront duplex on “Little Balboa Island.” The property comprises two spacious units with sensational views, a shared dock with easy access to the harbor entrance, and approximately 3,300 square feet of interior living space. One of the little island’s tallest properties, this duplex is a blank canvas for investors, developers, or buyers looking for a resort-inspired vacation home. The property offers 30 ft of bayfront exposure with an oversized ground level patio, perfect for entertaining. The front residence consists of 2 bedrooms and 3 bathrooms on three levels with expansive floor to ceiling windows showcasing the bay. A ground level bonus room off of the patio adds additional living space. The rear apartment is a large 2-bedroom 2-bathroom with a lot of windows bringing in light and city views. The dedicated dock for this property is 20 ft long and has rights to an additional shared middle boat space with the neighbor next door. This prime duplex is the perfect setting to enjoy scenic views, all while being located near some of the best shopping, dining, and attractions Newport Beach has to offer. Water activities, your personal bay beach, and strolling the Island’s boardwalk are right outside of your front door. Buyers are to conduct their own investigations to verify square footage and City rules regarding renovation/remodel.

Listed by Arthur Dorr | BRE #01899740 | Balboa Realty
Co-listed by Alex Batley | BRE #01365952 | Balboa Realty
Last checked: 14 minutes ago | Last updated: September 13th, 2022 | Source CRMLS | DOM: 20

Home details

Lot Sq. Ft
2,250
HOA Dues
$0/mo
Year built
1971
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
NP22003717
City
Newport Beach
County
Orange
Time on Site
804 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 3
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $6,000
  • Total Rent: $72,000
  • Pro Forma/Market Rent: $8,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $6,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $72,000
  • Net Operating Income: $72,000
  • Gross Operating Income: --
  • # of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
  • Laundry Income: $0
  • Laundry Own/Lease: Own
  • Other Income Description: Owner lives in the back unit.
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Trash: $1,000
  • Insurance: $5,000
  • Water/Sewer: $1,000

Property Details for 337 E Bay Front

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Tile
  • Bonus Room, Laundry, Multi-Level Bedroom
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal
Interior Features
  • High Ceilings, Living Room Deck Attached, Open Floorplan, Tile Counters
  • Levels: Two
  • Window Features: Bay Window(s)
  • Security Features: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • Door Features: Sliding Doors
Exterior Features
Exterior Information
  • Roof: Shingle
  • Has Fence
  • Brick
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Direct Garage Access, Garage, On Site
Lot Information
  • Lot Features: Level with Street, Value In Land
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Bay, Canal, City Lights, Coastline, Harbor, Marina, Neighborhood, Ocean, Panoramic, See Remarks, Water
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 05020121
  • Year Built Source: Public Records
  • Architectural Style: See Remarks
  • Foundation Details: Slab
  • Property is not Attached
  • Accessibility Features: Parking
  • Property Condition: Fixer, Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Water Available
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Island - Little Island (BALL)
  • Directions: Take Marine Ave. to Park Ave. and make a left to cross the bridge to the Little Island
  • Road Frontage Type: Alley
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Fishing, Storm Drains, Street Lights, Urban
View more facts & features

Local Newport Beach Agent

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Sale History for 337 E Bay Front

Last leased for $7,000 on July 26th, 2022
  • July, 2022

  • Jul 26, 2022

    Date

    Leased

    CRMLS: NP22094847

    $7,000

    Price

  • May 9, 2022

    Date

    Active

    CRMLS: NP22094847

    $8,500

    Price

  • Listing provided courtesy of CRMLS

    Unique fully furnished month-to-month lease on “Little Balboa Island." This back unit apartment is a large 2-bedroom 2-bathroom with a lot of windows bringing in light and city views. Enjoy scenic views, all while being located near some of the best shopping, dining, and attractions Newport Beach has to offer. Water activities, your personal bay beach, and strolling the Island’s boardwalk are right outside of your front door. This is a perfect property for the summer months! Availability for October.

  • April, 2022

  • Apr 6, 2022

    Date

    Leased

    CRMLS: NP22065105

    $11,000

    Price

  • Apr 1, 2022

    Date

    Active

    CRMLS: NP22065105

    $14,500

    Price

  • Listing provided courtesy of CRMLS

    Unique month-to-month lease on “Little Balboa Island." Two spacious units with sensational views approximately 3,312 square feet of interior living space. The property offers an oversized ground level patio, perfect for entertaining. The front residence consists of 2 bedrooms and 3 bathrooms on three levels with expansive floor to ceiling windows showcasing the bay. A ground level bonus room off of the patio adds additional living space. The rear apartment is a large 2-bedroom 2-bathroom with a lot of windows bringing in light and city views. This is a perfect property for the summer months! Enjoy scenic views, all while being located near some of the best shopping, dining, and attractions Newport Beach has to offer. Water activities, your personal bay beach, and strolling the Island’s boardwalk are right outside of your front door. *SEE PRIVATE REMARKS.*

  • February, 2022

  • Feb 3, 2022

    Date

    Active Under Contract

    CRMLS: NP22006581

    $5,995,000

    Price

  • Listing provided courtesy of CRMLS

  • February, 2022

  • Feb 3, 2022

    Date

    Active Under Contract

    CRMLS: NP22003717

    $5,995,000

    Price

  • July, 2019

  • Jul 3, 2019

    Date

    Leased

    CRMLS: OC19103607

    $6,000

    Price

  • Jun 14, 2019

    Date

    Price Change

    CRMLS: OC19103607

    $6,000

    Price

  • May 5, 2019

    Date

    Active

    CRMLS: OC19103607

    $6,400

    Price

  • Listing provided courtesy of CRMLS

    Wonderful little Balboa Island E. Bayfront/breezeway corner location!! Huge patio perfect for outdoor living and entertaining; floor to ceiling windows provide stunning bay views! Open floor plan with large bonus room or 3rd bedroom. Don't miss this rare opportunity!!

  • September, 1993

  • Sep 27, 1993

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 337 E Bay Front

Assessed Value (2020): $326,549
Year Land Value Improved Value Assessed Value
2020 $222,053 $104,496 $326,549

Home Value Compared to the Market

This property vs the competition

337 E Bay Front sold on March 22, 2022 for 130.58% higher than the current median sold price for the city of Newport Beach which is $2,600,000. The median sold price per/sqft for Newport Beach is $1,282 and this home is sold at $1810.08 per/sqft which puts the price per square foot 41.19% higher than the current median sale per square foot for the city of Newport Beach.

About 337 E Bay Front

Detailed summary of property

337 E Bay Front is a duplex that recently sold in Newport Beach, CA 92662. This duplex offered 4 bedrooms, 4.5 bathrooms, roughly 3,312 living square feet, and sits on an approximately 2,250 square foot lot. 337 E Bay Front was first listed on ArdentRealEstateGroup.com on January 14, 2022. The homeowner sold the property for $6,300,000. Home in Newport Beach are selling for a median price of $2,600,000 and a median price per square foot of $1,282. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is sold 130.58% higher than the current median priced home. Local homes that are currently for sale include 526 W 47th St, 500 Chestnut Ave and 500 S Union Ave. While the average home in Newport Beach, CA is selling in 78 days, 337 E Bay Front has a days on market of 20 days. There are currently 243 homes for sale in the Newport Beach real estate market and 193 of them are single family homes while 41 of them are condos and 9 are townhomes. For more information on this home for sale at 337 E Bay Front Newport Beach, CA 92662 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 337 E Bay Front

Public county record property details
Beds
--
Baths
--
Year built
1971
Sq. Ft.
3,312
Lot Size
2,434
Stories
2
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
19
APN
050-201-21

The source for these homes facts are from public records.

92662 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$5,200,000
Median List Price/Sq.Ft.
$2,496
Median Sold Price
$6,505,000
Median Sold Price/Sq.Ft.
$2,028
Total Inventory
9
Median Sale to List Price %
95.73%
Avg Days on Market
76
Loan Type
Conventional (100%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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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.