TWO (2) ACTIVE SHORT TERM LODGING PERMITS - Welcome to 1419 W Bay Ave, Newport Beach - a rare gem in one of the most desirable coastal communities. This charming property features two (2) transferable short-term lodging permits, making it an exceptional investment opportunity. STLP's are attached to the front upper and lower units and are approved for eight (8) Guests each. In addition to the front units, there is a unit over the garage that can be used as an owners retreat or rented out on a long-term basis. Set on one of the most popular streets on the Balboa Peninsula, this property combines the benefits of an incredible residential location with the lucrative potential of short-term rentals. Enjoy the serene surroundings while being just a short distance from Newport Beach?s renowned attractions, dining, and shopping as well as Marina Park and the American Legion. With its sought-after permits and versatile living arrangements, 1419 W Bay Ave is a standout choice for those looking to capitalize on the coastal lifestyle and investment potential.