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307 E Edgewater Ave
$3,250,000

307 E Edgewater Ave

8 Beds 6 Baths 3,325 Sq.Ft.

Description

A five-unit apartment building located at 307 East Edgewater Avenue in Newport Beach, California. The location of this building cannot be beaten. It is located on Newport Peninsula directly on the water of Newport Bay. The frontage of the property allows tenants to sit on a beach five steps outside the building or relax on a private income-producing dock that is included in the purchase of the property. The property consists of five apartment units and a dock. The unit mix consists of two two-bedroom/two-bathroom units, one two-bedroom/one-and-one-half-bathroom unit, and two non-conforming studios. There is also a boat dock that can accommodate three boats. The front units have amazing bay views. The units have been updated. The building is in a world-class location. It is within walking distance of a three-mile stretch of sandy beach, world-famous surf, and many famous Newport Beach hot spots. The hot spots include the Balboa Island Ferry, which transports passengers and cars from the Peninsula to Balboa Island. The property is a great investment for an investor looking for a location in a prime coastal area.

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Location

307 E Edgewater Ave, Newport Beach, CA 92661

Status

Sold
Marina Parker

Marina Parker

TITLE

Sales Associate

Property Amenities

Interior
Total Bedrooms: 8
Full Bathrooms: 6
Area & Lot
Living area 3,325 Sq.Ft.
MLS® ID PW14249282
Year Built 1910
Type Multi-Family
Status Sold
Exterior
Garage Space 2
Finance
Sales Price $3,250,000

Work With Us

Looking for a real estate agent who truly understands your needs and knows how to get the job done? Look no further! With Marina & Erin, we offer professional, responsive, and attentive services to home buyers and sellers in the nearby area. With a focus on effective marketing strategies and a commitment to client satisfaction, We're eager to help you achieve your real estate goals. Give us a call today!