$3,193,000 - $3,860,000
RENTED JUL 20, 2025
3 Beds
2 Baths
1,000 Sq Ft
$3,562 Price per Sq Ft

Last Sold January 24, 2017

Last sale price $1,775,000 $1,775 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $21,460/month

Highlights

  • Furnished
  • No HOA
  • Laundry Room
  • Newport Elementary School Rated A
  • Card or Code Access
  • 4-minute walk to Newport Beach Playground

About This Home

As of July 2025

One of the best locations on the Balboa Peninsula. Situated between the Newport & Balboa Piers, just one house from the ocean & a short block away from the Balboa Bay! 1113 W. Balboa has a fabulously large lot & is zoned Single Family Residence, although today it now houses 2 legal con-conforming cottages. Totally remodeled from stem to stern in 2017 and again in 2021. Few steps away from the sand, this front cottage is single story, and offers a lovely back yard with BBQ. The home is being leased furnished and can be leased short term as it has short term lodging permits in place with a phenomenal track record of leasing.

Last Agent to Rent the Property

Drew D'Angelo

Kase Real Estate Brokerage Phone: 949-244-6754 License #01935951 Listed on: 04/16/2025

Kase Real Estate

Co-Listed By

Jake Isham

Kase Real Estate Brokerage Phone: 949-244-6754 License #02250962

Last Renter's Agent

Drew D'Angelo

Kase Real Estate Brokerage Phone: 949-244-6754 License #01935951 Listed on: 04/16/2025

Kase Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,433

Year Built

  • Built in 1929

Lot Details

  • 3,154 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Home Design

  • Bungalow

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Blinds
  • Casement Windows
  • Family Room with Fireplace
  • Dining Room with Fireplace
  • Vinyl Flooring
  • Fire and Smoke Detector

Kitchen

  • Range Hood
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Accessible Home Design

  • Doors swing in

Utilities

  • Central Air
  • Combination Of Heating Systems

Listing and Financial Details

  • Security Deposit $11,800
  • Rent includes gardener, trash collection
  • 12-Month Minimum Lease Term
  • Available 4/14/25
  • Tax Lot 21
  • Tax Tract Number 234
  • Assessor Parcel Number 04725109

Community Details

Overview

  • No Home Owners Association
  • Balboa Peninsula Subdivision

Recreation

  • Bike Trail

Security

  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,433

Year Built

Built in 1929

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2025-04-14
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 300
  • Deposit Pets: 500
  • Deposit Security: 11800
  • Furnished: Furnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Property Attached: No
  • Security: Card/Code Access, Smoke Detector(s)
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: No
  • Architectural Style: Bungalow
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 04725109
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1000.00 Square Feet
  • Stories: 1
  • Entry Location: Street
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Accessibility Features: Doors - Swing In
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Dining Room, Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 5.40
  • Room Type: All Bedrooms Down
  • Window Features: Blinds, Casement Windows

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Freezer, Range Hood, Refrigerator
  • Heating Type: Combination
  • Laundry Features: Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Sidewalks

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3154.00
  • Lot Size Acres: 0.0724

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 3154.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Gardener, Trash Collection

Tax Info

  • Tax Lot: 21
  • Tax Tract Number: 234

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2016
Closed on
Dec 27, 2016
Sold by
Mclaughlin Properties
Bought by
Wong Nancy Lai Sum
Seller's Agent
Elizabeth Thamer
Pacific Sotheby's Int'l Realty
Buyer's Agent
Drew D'Angelo
Kase Real Estate
List Price
$1,899,000
Sold Price
$1,775,000
Premium/Discount to List
-$124,000
-6.53%
Current Estimated Value
$3,562,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,787,305
Avg. Annual Appreciation
8.51%

Purchase Details

Closed on
May 2, 2014
Sold by
Mclaughlin Greg
Bought by
Mclaughlin Properties Llc

Purchase Details

Listed on
Sep 13, 2013
Closed on
Feb 12, 2014
Sold by
Mclaughlin Stacy
Bought by
Mclaughlin Greg
Seller's Agent
Yves LeBienvenu
Yves Le Bienvenu, Broker
Buyer's Agent
Elizabeth Thamer
Pacific Sotheby's Int'l Realty
List Price
$1,480,000
Sold Price
$1,208,000
Premium/Discount to List
-$272,000
-18.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.91%
Original Mortgage
$845,600
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 13, 2013
Closed on
Jan 15, 2014
Sold by
Darling Colleen E
Bought by
Mclaughlin Greg
Seller's Agent
Yves LeBienvenu
Yves Le Bienvenu, Broker
Buyer's Agent
Elizabeth Thamer
Pacific Sotheby's Int'l Realty
List Price
$1,480,000
Sold Price
$1,208,000
Premium/Discount to List
-$272,000
-18.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$845,600
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 11, 2006
Sold by
Bunch Raymond J
Bought by
Darling Colleen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
7.25%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 25, 1999
Sold by
Northrup Donald
Bought by
Darling Colleen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 1995
Sold by
Vincze Thelma Susan and Mamelli Thelma E
Bought by
Northrup Donald and Darling Colleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
7.59%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wong Nancy Lai Sum $1,745,000 First American Title Company
Mclaughlin Properties Llc -- None Available
Mclaughlin Greg -- Lawyers Title
Mclaughlin Greg $1,208,000 Lawyers Title
Darling Colleen E -- Lawyers Title
Darling Colleen E -- Lawyers Title Company
Darling Colleen E -- Commonwealth Land Title
Northrup Donald $297,500 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mclaughlin Greg $845,600
Previous Owner Darling Colleen E $250,000
Previous Owner Darling Colleen E $560,000
Previous Owner Darling Colleen E $500,000
Previous Owner Darling Colleen E $110,000
Previous Owner Darling Colleen E $40,000
Previous Owner Darling Colleen E $322,000
Previous Owner Northrup Donald $238,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2025 07/20/25 Rented $5,400 -8.5% --
07/17/2025 07/17/25 Under Contract -- -- --
04/16/2025 04/16/25 For Rent $5,900 +20.4% --
05/07/2019 05/07/19 Rented $4,900 0.0% --
04/09/2019 04/09/19 Off Market $4,900 -- --
03/05/2019 03/05/19 For Rent $4,900 -2.0% --
12/26/2017 12/26/17 Rented $5,000 +2.0% --
11/27/2017 11/27/17 For Rent $4,900 +8.9% --
10/16/2017 10/16/17 Rented $4,500 0.0% --
08/17/2017 08/17/17 For Rent $4,500 0.0% --
01/24/2017 01/24/17 Sold $1,775,000 0.0% $921 / Sq Ft
01/24/2017 01/24/17 Sold $1,775,000 -6.5% $921 / Sq Ft
12/31/2016 12/31/16 For Sale $1,899,000 +7.0% $985 / Sq Ft
12/29/2016 12/29/16 Pending -- -- --
12/23/2016 12/23/16 Pending -- -- --
09/02/2016 09/02/16 Off Market $1,775,000 -- --
09/02/2016 09/02/16 For Sale $1,899,000 0.0% $985 / Sq Ft
07/27/2016 07/27/16 For Sale $1,899,000 +7.0% $985 / Sq Ft
07/27/2016 07/27/16 Off Market $1,775,000 -- --
06/24/2016 06/24/16 For Sale $1,899,000 +57.2% $985 / Sq Ft
02/28/2014 02/28/14 Sold $1,208,000 -18.4% $627 / Sq Ft
01/06/2014 01/06/14 Pending -- -- --
09/13/2013 09/13/13 For Sale $1,480,000 -- $768 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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
2024 $21,433 $1,985,509 $1,887,775 $97,734
2023 $20,929 $1,946,578 $1,850,760 $95,818
2022 $20,580 $1,908,410 $1,814,470 $93,940
2021 $20,187 $1,870,991 $1,778,892 $92,099
2020 $19,993 $1,851,807 $1,760,652 $91,155
2019 $19,583 $1,815,498 $1,726,130 $89,368
2018 $19,194 $1,779,900 $1,692,284 $87,616
2017 $13,977 $1,281,638 $1,211,670 $69,968
2016 $13,666 $1,256,508 $1,187,911 $68,597
2015 $13,536 $1,237,635 $1,170,068 $67,567
2014 $5,000 $431,775 $376,340 $55,435
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25082342

California Regional Multiple Listing Service (CRMLS)

APN: 047-251-09