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$5,288,888
2 Days On Site

417 E Bay
Newport Beach, CA 92661

For Sale|Single Family Residence|Active
5
Beds
6
Total Baths
5
Full Baths
1
Partial Bath
2,602
SqFt
$2,033
/SqFt
2020
Built
County:
Orange
Listed by Ashkon Babaee of Side, Inc [email protected]

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Call Now: 714-292-2497
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714-292-2497
417 E Bay417 E Bay417 E Bay417 E Bay
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Welcome to this Exceptional income producing duplex opportunity in the heart of Newport Beach. This nearly $300,000 per year revenue property features a fully transferable short-term rental license, allowing legal operation on Airbnb and VRBO a rare and highly coveted advantage. The property is consistently booked year round, offering immediate cash flow with true turnkey ease. Built in 2020 by renowned Burkhard Builders, this front and back unit configuration offers flexibility for investors, owner-users, or multi generational living. The front residence (Unit A) spans approximately 1,400 square feet and features three bedrooms and three and one half baths, while the rear residence (Unit B) offers approximately 1,200 square feet with two bedrooms and two and one half baths. Each unit is thoughtfully designed with privacy and functionality in mind. Both residences showcase designer grade finishes throughout, including Wolf appliance suites, custom cabinetry, and high end fixtures. A private ocean view rooftop balcony provides an ideal setting for entertaining and enjoying coastal sunsets. Additional highlights include a each unit with a single car attached covered garage plus one additional covered parking for each unit, a highly desirable feature in this location. Offered fully turnkey, this is a rare Newport Beach opportunity combining luxury, flexibility, and proven income​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​‌​​‌‌​​​‌​‌​​​‌‌​ performance.

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Listing Snapshot
Price 
$5,288,888
Days On Site 
2 Days
Bedrooms 
5
Inside Area (SqFt) 
2,602 sqft
Total Baths 
6
Full Baths 
5
Partial Baths 
1
Lot Size 
0.05 Acres
Year Built 
2020
MLS® Number 
OC25276620
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
3 days agoListing first seen on site
3 days agoListing updated with changes from the MLS®
General Features
Acres 
0.05
Attached Garage 
Yes
Garage 
Yes
Garage Spaces 
2
Land Lease 
No
Levels 
Three Or More
Number Of Stories 
2
Parking 
Attached
Parking Spaces 
2
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
Special Circumstances 
Standard
Water Source 
Public
Interior Features
Cooling 
Central Air
Fireplace 
Yes
Fireplace Features 
Family Room
Interior 
Walk-In Closet(s)
Laundry Features 
Laundry Room
Bedroom 
Family Room 
Office 
Other 
Features - Walk-In Closet(s)
Retreat 
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Exterior Features
Pool Features 
None
View 
BayCity LightsHarborMountain(s)PanoramicWater
Waterview 
BayCity LightsHarborMountain(s)PanoramicWater
Community Features
Association Amenities 
Dog Park
Building Access 
1
Community Features 
FishingGolf
MLS Area 
NP - Balboa Peninsula
School District 
Newport Mesa Unified
Schools
School District
Newport Mesa Unified
Elementary School
Unknown
Middle School
Unknown
High School
Unknown


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
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