Seller Financing available! Welcome to 206 E Bay/304 Alvarado Ave, in the beautiful city of Newport Beach! This property is centrally located on the peninsula on a desirable corner lot that is steps away from both the bay and ocean, the Balboa Fun Zone, restaurants, boutiques, & much more! 206 E Bay/304 Alvarado is a triplex on the same lot, (2bed/1bath top unit - 1bed/1bath bottom unit - 1bed/1bath bungalow) this is an opportunity for you to own a multifamily investment property for income, live in one unit and rent out the other units to reduce your mortgage, & or buy this property for its corner lot location & build up a masterful new construction that has bay views down Alvarado street & could potentially boast additional panoramic bay views/ ocean views from a rooftop deck! Endless possibilities with this property, come see it for yourself!