Teresa Gorman
Fiduciary Real Estate Services
(949) 569-5182
74 Total Sales
1 in West Newport Beach
$2,900,000 Price
119 37th St Newport Beach, CA 92663
West Newport Beach Neighborhood
5
Beds
3
Baths
1,805
Sq Ft
2,300
Sq Ft Lot
About This Home
As of April 2025Welcome to this unique investment opportunity in the heart of Newport Beach, California! This duplex is brimming with potential, offering two separate units that are perfect for those looking to bring their creative vision to life. Unit 1 is comprised of 3 bedrooms and 2 bathroom, while unit 2 is comprised of 2 bedrooms and 1 bathrooms. Whether you're an investor seeking a property with strong rental income potential or a buyer looking to craft your dream home, this property has endless possibilities.
Located just a short walk from Newport Beach's world-famous coastline, vibrant shops, dining, and entertainment, this duplex is ideally positioned to take advantage of everything this sought-after area has to offer. The units have classic charm, awaiting a full renovation to unlock their true potential.
Last Agent to Sell the Property
Fiduciary Real Estate Services Brokerage Phone: 949-436-3105 License #00969257 Listed on: 02/24/2025
Co-Listed By
Fiduciary Real Estate Services Brokerage Phone: 949-436-3105 License #01960924
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1923
Lot Details
- 2,300 Sq Ft Lot
- No Common Walls
- Rectangular Lot
Parking
- 2 Car Garage
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 1,805 Sq Ft Home
- 2-Story Property
- Laundry in Garage
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Legal Lot and Block 22 / 37
- Tax Tract Number 670
- Assessor Parcel Number 42332319
Community Details
Overview
- 2 Buildings
- 2 Units
- Balboa Peninsula Subdivision
Amenities
- Laundry Facilities
Recreation
- Water Sports
- Bike Trail
Building Details
- Rent Control
- 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
Feb 24, 2025
Closed on
Mar 19, 2025
Sold by
Bought by
Seller's Agent
Teresa Gorman
Fiduciary Real Estate Services
Buyer's Agent
Arthur Ambarchyan
Keller Williams R. E. Services
List Price
$2,750,000
Sold Price
$2,900,000
Premium/Discount to List
$150,000
5.45%
Views
233
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,450,000
Interest Rate
6.63%
Mortgage Type
New Conventional
Home Values in the Area
Average Home Value in this Area
Agents Specializing in West Newport Beach, CA
-
Teresa Gorman
-
Jack Toro
Jack Toro
eHomes
(833) 972-2811
57 Total Sales
1 in West Newport Beach
$2,875,000 Price
-
Michael Mucino
Michael Mucino
CAMDEN MCKAY REALTY
(909) 341-1278
127 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
-
Tracy Heffelman
Tracy Heffelman
Coldwell Banker Realty
(657) 325-8546
33 Total Sales
1 in West Newport Beach
$2,900,000 Price
-
Giulietta Wilson
Giulietta Wilson
Pacific Sotheby's Int'l Realty
(949) 997-1260
98 Total Sales
2 in West Newport Beach
$3,850,000 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 |
|---|---|---|---|
| $2,900,000 | Fidelity National Title |
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 | $2,000,000 | ||
| Closed | $1,450,000 |
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 |
|---|---|---|---|---|
| 04/16/2025 04/16/25 | Sold | $2,900,000 | +5.5% | $1,607 / Sq Ft |
| 03/13/2025 03/13/25 | Pending | -- | -- | -- |
| 02/24/2025 02/24/25 | For Sale | $2,750,000 | -- | $1,524 / 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 | $1,793 | $2,958,000 | $2,855,763 | $102,237 |
| 2025 | $1,756 | $117,196 | $78,452 | $38,744 |
| 2024 | $1,756 | $114,899 | $76,914 | $37,985 |
| 2023 | $1,709 | $112,647 | $75,406 | $37,241 |
| 2022 | $1,674 | $110,439 | $73,928 | $36,511 |
| 2021 | $1,646 | $108,274 | $72,478 | $35,796 |
| 2020 | $1,629 | $107,164 | $71,735 | $35,429 |
| 2019 | $1,605 | $105,063 | $70,328 | $34,735 |
| 2018 | $1,577 | $103,003 | $68,949 | $34,054 |
| 2017 | $1,552 | $100,984 | $67,597 | $33,387 |
| 2016 | $1,522 | $99,004 | $66,271 | $32,733 |
| 2015 | $1,505 | $97,517 | $65,275 | $32,242 |
| 2014 | $1,471 | $95,607 | $63,996 | $31,611 |
Source: Public Records
Agents Affiliated with this Home
-
Teresa Gorman
Seller's Agent in 2025
Teresa Gorman
Fiduciary Real Estate Services
(949) 436-3105
1 in this area
74 Total Sales
-
Logan Martinez
Seller Co-Listing Agent in 2025
Logan Martinez
Fiduciary Real Estate Services
(949) 273-8169
1 in this area
166 Total Sales
-
Arthur Ambarchyan
Buyer's Agent in 2025
Arthur Ambarchyan
Keller Williams R. E. Services
(818) 230-3228
1 in this area
80 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25028222
APN: 423-323-19
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
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