Drew Teicheira
Harcourts Place
(877) 672-0775
89 Total Sales
8 in West Newport Beach
$1.9M - $7M Price Range
112 34th St Newport Beach, CA 92663
West Newport Beach Neighborhood
8
Beds
4
Baths
2,800
Sq Ft
3,180
Sq Ft Lot
Highlights
- White Water Ocean Views
- Property has ocean access
- Across the Road from Lake or Ocean
- Newport Elementary School Rated A
- Fishing
- 4-minute walk to 38th Street Park
About This Home
As of October 2025Just three houses from the boardwalk and beach, 112 34th Street presents a rare opportunity to own an oversized duplex in one of the most coveted locations on the Newport Peninsula. Offering two spacious residences, this property is ideal for investors, multigenerational living, or future redevelopment.
The lower unit features 3 bedrooms and 2 bathrooms, highlighted by an ocean-view patio perfect for entertaining or relaxing after a day at the beach. The upper unit offers 5 bedrooms and 2 bathrooms, with ocean views from the living room and abundant natural light throughout. Together, the property provides over 3,000 square feet of living space, including legal non-conforming areas upstairs, though title reflects approximately 2,800 square feet. Buyers are advised to independently verify all square footage, permitting, and development potential with the City of Newport Beach.
Situated on an oversized 35’ x 90’ lot, substantially wider than the standard lot in the area—the property allows for a rare three-car wide garage accessed from the alley, along with expanded possibilities for future development.
The location on 34th Street is premier: positioned near the quieter end of the boardwalk, yet just steps from the Peninsula’s only grocery store, shopping, dining, and the Newport Pier. The beach here is among the finest in Newport, offering year-round surf for both beginners and seasoned surfers alike.
Adding to its appeal, the property includes two Short Term Lodging Permits with the City of Newport Beach and has been successfully operated as a vacation rental for years. With a remodel, projected income could exceed $200,000 annually.
Whether you’re seeking a strong investment, a legacy property for family use, or a future redevelopment opportunity, 112 34th Street stands out as a rare and valuable offering in the heart of Newport Beach.
Last Agent to Sell the Property
Balboa Realty Brokerage Phone: 9495009832 License #01899740 Listed on: 08/21/2025
Last Buyer's Agent
Balboa Realty Brokerage Phone: 9495009832 License #01899740 Listed on: 08/21/2025
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 3,180 Sq Ft Lot
- No Common Walls
- Fenced
- Needs Fence Repair
- Value in Land
Parking
- 3 Car Garage
- Parking Available
- Rear-Facing Garage
- Three Garage Doors
Property Views
- White Water Ocean
- Neighborhood
Home Design
- Duplex
- Entry on the 1st floor
- Fixer Upper
- Flat Roof Shape
- Slab Foundation
- Stucco
Interior Spaces
- 2,800 Sq Ft Home
- 2-Story Property
- Furnished
- Ceiling Fan
Kitchen
- Gas Oven
- Gas Range
- Dishwasher
Flooring
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- Multi-Level Bedroom
- 4 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Property has ocean access
- Beach Access
- Waterfront with Home Across Road
- Ocean Side of Highway 1
- Exterior Lighting
Location
- Across the Road from Lake or Ocean
- Urban Location
Utilities
- Forced Air Heating System
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 6
- Tax Tract Number 3813
- Assessor Parcel Number 42334107
- $561 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Units
- West Newport Beach Subdivision
Amenities
- Laundry Facilities
Recreation
- Fishing
- Bike Trail
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 21, 2025
Closed on
Oct 2, 2025
Sold by
Michael P Milligan Revocable Trust and Milligan Michael P
Bought by
Seller's Agent
Artie Dorr
Balboa Realty
Buyer's Agent
Artie Dorr
Balboa Realty
List Price
$4,399,000
Sold Price
$4,100,000
Premium/Discount to List
-$299,000
-6.8%
Views
19
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Outstanding Balance
$2,478,611
Interest Rate
6.35%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 2, 2019
Sold by
Milligan Michael P
Bought by
Michael P Milligan Revocable Trust and Milligan
Purchase Details
Closed on
Jan 4, 2011
Sold by
Ohanesian Sako and Ohanesian Nahid
Bought by
Milligan Michael P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
4.26%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 5, 2002
Sold by
Ohanesian Sako and Ohanesian Nahid
Bought by
Ohanesian Sako and Ohanesian Nahid
Purchase Details
Closed on
Nov 13, 2000
Sold by
Wells Michael W
Bought by
Ohanesian Sako and Ohanesian Nahid
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$613,600
Interest Rate
7.81%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 20, 1998
Sold by
Carney Thomas J and Carney Beverly E
Bought by
Wells Michael W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.63%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in West Newport Beach, CA
-
Drew Teicheira
-
Joshua Coburn
Joshua Coburn
Chamberlain Real Estate
(858) 251-9237
51 Total Sales
1 in West Newport Beach
$2,075,000 Price
-
Teresa Gorman
Teresa Gorman
Fiduciary Real Estate Services
(949) 569-5182
78 Total Sales
1 in West Newport Beach
$2,900,000 Price
-
Jack Toro
Jack Toro
ehomes
(833) 972-2811
56 Total Sales
1 in West Newport Beach
$2,875,000 Price
-
Michael Mucino
Michael Mucino
CAMDEN MCKAY REALTY
(909) 341-1278
128 Total Sales
1 in West Newport Beach
$2,700,000 Price
-
Barbara Kerr
Barbara Kerr
BK Platinum Properties
(657) 385-8423
50 Total Sales
2 in West Newport Beach
$4,800,000 Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $4,100,000 | Ticor Title | ||
| Michael P Milligan Revocable Trust | -- | None Listed On Document | |
| Milligan Michael P | $1,500,000 | North American Title Co | |
| Ohanesian Sako | -- | -- | |
| Ohanesian Sako | -- | -- | |
| Ohanesian Sako | $767,000 | Stewart Title | |
| Wells Michael W | $625,000 | Fidelity National Title Ins |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $2,500,000 | ||
| Previous Owner | Milligan Michael P | $937,000 | |
| Previous Owner | Milligan Michael P | $975,000 | |
| Previous Owner | Ohanesian Sako | $606,000 | |
| Previous Owner | Ohanesian Sako | $613,600 | |
| Previous Owner | Wells Michael W | $51,000 | |
| Previous Owner | Wells Michael W | $568,000 | |
| Previous Owner | Wells Michael W | $500,000 | |
| Previous Owner | Carney Thomas J | $410,400 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/22/2025 10/22/25 | Sold | $4,100,000 | -6.8% | $1,464 / Sq Ft |
| 09/01/2025 09/01/25 | Pending | -- | -- | -- |
| 08/21/2025 08/21/25 | For Sale | $4,399,000 | -- | $1,571 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $20,714 | $4,100,000 | $3,984,034 | $115,966 |
| 2025 | $20,385 | $1,921,762 | $1,817,607 | $104,155 |
| 2024 | $20,385 | $1,884,081 | $1,781,968 | $102,113 |
| 2023 | $19,905 | $1,847,139 | $1,747,028 | $100,111 |
| 2022 | $19,572 | $1,810,921 | $1,712,772 | $98,149 |
| 2021 | $19,198 | $1,775,413 | $1,679,188 | $96,225 |
| 2020 | $19,014 | $1,757,209 | $1,661,970 | $95,239 |
| 2019 | $18,625 | $1,722,754 | $1,629,382 | $93,372 |
| 2018 | $18,936 | $1,688,975 | $1,597,433 | $91,542 |
| 2017 | $18,756 | $1,655,858 | $1,566,110 | $89,748 |
| 2016 | $18,362 | $1,623,391 | $1,535,402 | $87,989 |
| 2015 | $18,198 | $1,599,007 | $1,512,339 | $86,668 |
| 2014 | $17,780 | $1,567,685 | $1,482,714 | $84,971 |
Source: Public Records
Agents Affiliated with this Home
-
Artie Dorr
Seller's Agent in 2025
Artie Dorr
Balboa Realty
(949) 500-9832
2 in this area
35 Total Sales
-
Alex Batley
Seller Co-Listing Agent in 2025
Alex Batley
Balboa Realty
(949) 293-4629
1 in this area
13 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP25189553
APN: 423-341-07
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Nearby Homes
- 122 34th St
- 116 34th St Unit A
- 116 34th St
- 2175 34th St
- 124 34th St Unit A
- 124 34th St
- 126 34th St
- 128 34th St Unit 128 34th Street Upst
- 128 34th St
- 123 33rd St Unit front
- 123 1/2 33rd St
- 123 33rd St
- 3310 Seashore Dr
- 121 33rd St Unit A
- 121 33rd St
- 123 34th St
- 129 34th St Unit A
- 129 34th St Unit B
- 129 34th St
- 117 33rd St Unit B
Your Personal Tour Guide
Ask me questions while you tour the home.