Real Estate For Sale in...

507 E Bay Avenue, Newport Beach, CA 92661

Multi Family MLS# OC17162953 ID: 46849338
$1,825,000 Get Rates

Built in 2012 this mini Mediterranean Villa with 650 sq. ft of roof top deck encompassing city lights and ocean views is ready for the most discerning buyer. Two units with superior quality finishes, extensive travertine tile work throughout, gorgeous custom cabinetry, rich granite counter tops, exquisite craftsmanship makes this a must see !!! Front unit is 2 bedroom 2 1/2 bath. Master Suite includes a private balcony which leads to the roof top deck. Master Bath with double sink vanities. Back unit with the same quality finishes has 1 bedroom, 1 bath with a massive 160 sq. ft balcony for entertaining or just taking in the ocean breeze. Fireplace, laundry, security system, pre-wired surround sound, 4 car attached garage parking (2 for the front unit, 2 for the rear unit). Garage parking leads directly into individual units. Award winning school district, popular destination for shopping and entertainment, minutes to Newport Center and Fashion Island. Identical unit next door, reverse floor plan is also for Sale each parcel is being offered at $1.825KEach parcel can easily be converted to Condominiums or Vacation Rental to increase income potential by submitting application/fees to the city of Newport Beach. VERY LOW VACANCY factor !!!!!!!! Buyer to verify all information with the city for its intended or desired use.

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Location Information near 507 E Bay Avenue
Offered by Betty Gulezyan at HomeSmart, Evergreen Realty

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Property Features for 507 E Bay Avenue
Market Status
Last Updated
August 22, 2017
Property Type
Multi Family
Year Built

Building Features

  • Cooling System: Central Air Conditioning
  • Roof: Tile Roof

Community Info

  • Home Owner Asso.: Sidewalks

Exterior Features

  • Exterior Construction: Balcony (s)

Interior Features

  • Fireplace: Fireplace in Living Room
  • Interior Construction: All Bedrooms Upstairs, Carbon Monoxide Detector, Fire Sprinkler System, Indoor Laundry Room, Prewired for Alarm System, Smoke Detector(s)


  • MLS Area: Np - Balboa Peninsula

Lot Features

  • View: City Lights View, Coastline View

Data Provided by California Regional Multiple Listing Service

The information being provided by CARETS® is for the visitor’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to property referenced on this web site comes from the Internet Data Exchange (IDX) program of the CARETS® MLS.

This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

The data contained herein is copyrighted by CARETS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

CRMLS, Inc., data content displayed on this site is deemed reliable but is not guaranteed accurate by the MLS.

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More information about this $1,825,000 Multi Family at 507 E Bay Avenue

This $1,825,000 Multi Family at 507 E Bay Avenue in Newport Beach, CA is presented by Betty Gulezyan. This $1,825,000 Multi Family, located in the 92661 zip code, has the following property features: MLS Area, Exterior Construction, Fireplace, Cooling System. This 507 E Bay Avenue Multi Family, located in Orange County , is listed under MLS listing number OC17162953 and has a listing price of $1,825,000. You can find more NEWPORT BEACH homes for sale here.