
122 29th St Newport Beach, CA 92663
West Newport Beach NeighborhoodHighlights
- No HOA
- Laundry Room
- Wall Furnace
- Newport Elementary School Rated A
- Rectangular Lot
- 1-Story Property
About This Home
As of August 2024Coastal Retreat and investment opportunity in Newport Beach! Discover the epitome of coastal living at 122 29th St. nestled in the heart of Newport Beach. Situated just steps away from the pristine sands of Newport Beach, this triplex embodies the quintessential Southern California lifestyle. Enjoy outdoor living at its finest with a private patio, perfect for al fresco dining and entertaining guests amidst the gentle sound of nearby waves. Located in a desirable neighborhood known for its charming atmosphere and proximity to local shops, restaurants, and recreational activities. Convenient access to major highways and nearby airports for easy travel. 122 29th St represents a rare opportunity to own a coastal triplex in one of Newport Beach's most sought-after locations.
Last Agent to Sell the Property
Arbor Real Estate Brokerage Phone: 949-438-4908 License #01929235 Listed on: 07/18/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,726
Year Built
- Built in 1948
Lot Details
- 2,378 Sq Ft Lot
- No Common Walls
- Rectangular Lot
- Value in Land
Parking
- 2 Car Garage
Home Design
- Triplex
Interior Spaces
- 1,600 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Utilities
- Wall Furnace
Listing and Financial Details
- Legal Lot and Block 16 / 28
- Tax Tract Number 512
- Assessor Parcel Number 04709104
Community Details
Overview
- No Home Owners Association
- 3 Units
- Balboa Peninsula Subdivision
Building Details
- 2 Leased Units
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Gross Income $37,200
- Net Operating Income $34,700
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $2,700,000 | Atlas Title | |
Deed | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $4,237,594 | Construction | |
Closed | $2,010,000 | Construction |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/14/2024 08/14/24 | Sold | $2,700,000 | -6.7% | $1,688 / Sq Ft |
07/21/2024 07/21/24 | Pending | -- | -- | -- |
07/18/2024 07/18/24 | For Sale | $2,895,000 | +7.2% | $1,809 / Sq Ft |
07/18/2024 07/18/24 | Off Market | $2,700,000 | -- | -- |
Tax History Compared to Growth
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 | $1,726 | $112,589 | $74,428 | $38,161 |
2023 | $1,680 | $110,382 | $72,969 | $37,413 |
2022 | $1,646 | $108,218 | $71,538 | $36,680 |
2021 | $1,618 | $106,097 | $70,136 | $35,961 |
2020 | $1,601 | $105,010 | $69,417 | $35,593 |
2019 | $1,578 | $102,951 | $68,055 | $34,896 |
2018 | $1,551 | $100,933 | $66,721 | $34,212 |
2017 | $1,525 | $98,954 | $65,412 | $33,542 |
2016 | $1,496 | $97,014 | $64,129 | $32,885 |
2015 | $1,479 | $95,557 | $63,165 | $32,392 |
2014 | $1,446 | $93,686 | $61,928 | $31,758 |
Agents Affiliated with this Home
-
Seller's Agent in 2024
Brandon Hobbs
Arbor Real Estate
(714) 765-9880
6 in this area
131 Total Sales
-
Seller Co-Listing Agent in 2024
Tamara Farris
Arbor Real Estate
(714) 931-3643
2 in this area
14 Total Sales
-
Buyer's Agent in 2024
Courtney Hackbarth
Compass
(714) 300-5606
3 in this area
33 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24147571

APN: 047-091-04
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