115 34th St Newport Beach, CA 92663
West Newport Beach Neighborhood
7
Beds
5
Baths
3,656
Sq Ft
3,049
Sq Ft Lot
Highlights
- Property has ocean access
- Across the Road from Lake or Ocean
- Laundry Room
- Newport Elementary School Rated A
- Ocean Side of Highway 1
- 3-minute walk to 38th Street Park
About This Home
As of March 2022Well maintained, third from sand, property on a larger 3,049 sq ft lot. Largest Oceanaire model with 3,656 sq ft of living space. Lower unit #A is 3 bed 2 baths and the upper unit #B is 4 bed 3 baths. Rooftop deck and central air conditioning throughout. Shared laundry room. Side of the property has always been used as a parking driveway along with a two car garage with storage lockers. Latest interior remodels were done in 2017 for unit #A and 2018 for unit #B. All exterior trim was repaired/replaced and completely painted in 2021. Both unit are currently being rented as short term rentals with excellent booking history. This property comes fully furnished and is a turn key income investment or use it as your own paradise home. Verify with the city for transfer of short term rental permits. Quoted square footed per tax records.
Last Agent to Sell the Property
Bonanza Realty License #00612682 Listed on: 01/07/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 3,049 Sq Ft Lot
- Two or More Common Walls
Parking
- 2 Open Parking Spaces
- 2 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Duplex
- Turnkey
Interior Spaces
- 3,656 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 7 Bedrooms
- 5 Bathrooms
Outdoor Features
- Property has ocean access
- Beach Access
- Ocean Side of Highway 1
Additional Features
- Across the Road from Lake or Ocean
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 9
- Tax Tract Number 3813
- Assessor Parcel Number 42333311
- $511 per year additional tax assessments
Community Details
Overview
- 2 Units
- West Newport Beach Subdivision, Oceanaire Floorplan
Amenities
- Laundry Facilities
Recreation
- Water Sports
- Bike Trail
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $2,400
- Fuel Expense $850
- Insurance Expense $1,749
- Trash Expense $1,140
- Water Sewer Expense $1,560
- Operating Expense $8,148
- Gross Income $170,649
- Net Operating Income $162,501
Similar Home in Newport Beach, CA
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/24/2022 05/24/22 | Rented | $2,550 | 0.0% | -- |
| 05/18/2022 05/18/22 | For Rent | $2,550 | 0.0% | -- |
| 05/16/2022 05/16/22 | Under Contract | -- | -- | -- |
| 05/02/2022 05/02/22 | Price Changed | $2,550 | -7.3% | $6 / Sq Ft |
| 04/08/2022 04/08/22 | Price Changed | $2,750 | -5.0% | $6 / Sq Ft |
| 04/04/2022 04/04/22 | Price Changed | $2,895 | -3.5% | $7 / Sq Ft |
| 03/17/2022 03/17/22 | For Rent | $3,000 | 0.0% | -- |
| 03/02/2022 03/02/22 | Sold | $3,850,000 | +2.7% | $1,053 / Sq Ft |
| 01/07/2022 01/07/22 | For Sale | $3,750,000 | -- | $1,026 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Seller's Agent in 2022
Steve Schloeder
Bonanza Realty
(310) 308-3248
1 in this area
34 Total Sales
-
O
Seller's Agent in 2022
Omar Renteros
Beachview Rentals
(949) 288-6311
2 in this area
9 Total Sales
-
S
Buyer's Agent in 2022
Sharon Bryant
Coldwell Banker Realty
(949) 444-6424
1 in this area
8 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB22001892
APN: 423-333-11
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