NOT LISTED FOR SALE
8 Beds
6 Baths
3,800 Sq Ft
2,788 Sq Ft Lot

Last Sold July 24, 2013

Last sale price $2,230,000 $587 Per Sq Ft

52 Days on Market

Highlights

  • Ocean View
  • No HOA
  • 3-minute walk to 38th Street Park
  • Newport Elementary School Rated A
  • Central Heating

About This Home

As of July 2013

Rare tri-level on a prime large corner lot, just steps to the sand, close to everything the beach has to offer!
Huge 1,000 sq.ft deck at 3rd level penthouse with stunning ocean and Catalina Views. Approximately 3,800 sq.t of living area. One unit is a 3 bedroom, 2 bath, the second is on two levels and has 5 Bedrooms and 3 baths - great as investment rental, due to its excellent location, it is extremely easy to rent or owner occupy and enjoy your summers at Newport's fine beaches. This property has 3 car parking. Submit your offers on this wonderful corner property...the next best to being directly on the sand.!

Last Agent to Sell the Property

Michael Brinkman

Coastline Realty License #00926365 Listed on: 04/23/2013

Last Buyer's Agent

Ash Dudheker

Enstone Investments Inc License #01901926

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 2,788 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage
  • 2 Carport Spaces
  • Parking Available
  • Assigned Parking

Property Views

  • Ocean
  • Catalina

Home Design

  • Property Attached

Interior Spaces

  • 3,800 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Utilities

  • Central Heating

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Tax Lot 6
  • Tax Tract Number 635
  • Assessor Parcel Number 42333310

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $22,000
  • Gross Income $6,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

2,788 Sq Ft Lot

Parking

1

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Property Type: Residential Income
  • Parcel Number: 42333310
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Levels: Three Or More
  • Price Per Square Foot: 586.84

Exterior Features

  • View: Catalina, Ocean
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2788.00
  • Lot Size Acres: 0.0640

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 6500.00
  • Lot Size Area: 2788.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • New Taxes Expense: 22000.00
  • Tax Lot: 6
  • Tax Tract Number: 635
  • Tax Year: 2011
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2013 07/24/13 Sold $2,230,000 -2.8% $587 / Sq Ft
06/14/2013 06/14/13 Pending -- -- --
04/23/2013 04/23/13 For Sale $2,295,000 -- $604 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $24,840 $2,353,653 $2,182,038 $171,615
2024 $24,840 $2,307,503 $2,139,253 $168,250
2023 $24,257 $2,262,258 $2,097,307 $164,951
2022 $23,853 $2,217,900 $2,056,183 $161,717
2021 $23,396 $2,174,412 $2,015,865 $158,547
2020 $23,172 $2,152,117 $1,995,195 $156,922
2019 $22,695 $2,109,919 $1,956,073 $153,846
2018 $22,244 $2,068,549 $1,917,719 $150,830
2017 $21,850 $2,027,990 $1,880,117 $147,873
2016 $21,361 $1,988,226 $1,843,252 $144,974
2015 $24,497 $2,274,555 $2,129,981 $144,574
2014 $23,918 $2,230,000 $2,088,258 $141,742
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP13073419

California Regional Multiple Listing Service (CRMLS)

APN: 423-333-10

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