128 39th St Newport Beach, CA 92663
West Newport Beach Neighborhood
5
Beds
3
Baths
3,193
Sq Ft
2,178
Sq Ft Lot
Highlights
- Ocean View
- Wood Flooring
- Granite Countertops
- Newport Elementary School Rated A
- Spanish Architecture
- 2-minute walk to 38th Street Park
About This Home
As of February 2023Opportunity is knocking! This California Mission-style bungalow is just steps from the sand and surf in popular West Newport Beach! Completely remodeled R-2 property that can live like a single family with an upper income unit at the rear of the property. Charming three bedroom, two bath front unit accented by hardwood floors, separate dining area, upgraded kitchen and large sunny front patio with views to the water. Cozy upper two bedroom, one bath unit with open living, dining and kitchen areas highlighted by travertine stone floors, granite counters and custom tile work throughout. Adjoining terrace perfect for al fresco dining and taking in the sights! There is also a separate inside laundry area for both units and a large two car attached garage. With a solid vacation rental history in excess of $100k per year this is a great income opportunity equally well-suited for an owner to enjoy as a weekend retreat at the beach. Alternatively rent weekly in summer months and monthly during winter...the best of both worlds! A property full of possibilities for anyone wanting a carefree investment with easy access to one of the favored beaches and surf spots along the Southern California coastline.
Co-Listed By
Jeremiah Wisdom
Coldwell Banker Realty License #02121704
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $35,422
Year Built
- Built in 1930
Lot Details
- 2,178 Sq Ft Lot
- Lot Dimensions are 25 x 95
- 1 Common Wall
- Rectangular Lot
Parking
- 2 Car Attached Garage
- Parking Available
Home Design
- Duplex
- Spanish Architecture
- Turnkey
- Raised Foundation
- Slab Foundation
- Fire Rated Drywall
- Composition Roof
- Stucco
Interior Spaces
- 3,193 Sq Ft Home
- 2-Story Property
- Crown Molding
- Ceiling Fan
- Recessed Lighting
- Double Pane Windows
- Family Room
- Living Room
- Storage
- Ocean Views
Kitchen
- Gas Range
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Wood
- Stone
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Main Level Bedroom
- Mirrored Closets Doors
- 3 Full Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Accessible Home Design
- Doors swing in
- No Interior Steps
Outdoor Features
- Stone Porch or Patio
- Exterior Lighting
- Outdoor Grill
Schools
- Ensign Middle School
- Newport Harbor High School
Utilities
- Heating System Uses Natural Gas
- Wall Furnace
- Sewer Connected
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 15 / 38
- Tax Tract Number 670
- Assessor Parcel Number 42332202
- $496 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Units
- West Newport Beach Subdivision
Recreation
- Water Sports
- Hiking Trails
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 21, 2023
Closed on
Feb 17, 2023
Sold by
Andrus John and Andrus Michelle
Bought by
Mj 139Th Llc
Seller's Agent
Bob Kurz
Re/Max Olympic
Buyer's Agent
Jodi DiTolla
DiTolla Real Estate
List Price
$3,250,000
Sold Price
$3,250,000
Total Days on Market
84
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.52%
Original Mortgage
$2,437,500
Interest Rate
5.38%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 21, 2023
Closed on
Jan 25, 2023
Sold by
Pedro Paseo Llc
Bought by
Andrus John and Andrus Michelle
Seller's Agent
Bob Kurz
Re/Max Olympic
Buyer's Agent
Jodi DiTolla
DiTolla Real Estate
List Price
$3,250,000
Sold Price
$3,250,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,437,500
Interest Rate
5.38%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 21, 2019
Sold by
Shuey Fred J and Mercado Shuey Alma
Bought by
Mercado Shuey Trust
Purchase Details
Listed on
Oct 14, 2016
Closed on
Dec 14, 2016
Sold by
Kumar T Muthu
Bought by
Shuey Fred Jacob and Mercado Shuey Alma Delia
Seller's Agent
Carl Wuestehube
Tri-Star Realty
Buyer's Agent
ROBERT IRISH
LAKE HILLS REALTY INC
List Price
$2,195,000
Sold Price
$2,090,000
Premium/Discount to List
-$105,000
-4.78%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.01%
Purchase Details
Closed on
Jan 7, 2016
Sold by
Kumar T Muthu and Mutho Kumar T
Bought by
Kumar T Muthu
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.92%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 27, 2004
Sold by
Kumar Simi M
Bought by
Kumar T Muthu and Mutho Kumar T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$466,000
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Sep 18, 2003
Sold by
Garrett Timothy D and Garrett Marlo
Bought by
Kumar T Mutho and Kumar Simi M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$698,400
Interest Rate
3.64%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Jun 25, 2003
Sold by
Garrett Timothy D and Garrett Marlo
Bought by
Garrett Timothy D and Garrett Marlo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 19, 2002
Sold by
Garrett Timothy D and Garrett Marlo S
Bought by
Garrett Timothy D and Garrett Marlo
Purchase Details
Closed on
Jul 6, 2001
Sold by
Simon Jeffrey S
Bought by
Garrett Timothy D and Garrett Mario S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.15%
Mortgage Type
Balloon
Purchase Details
Closed on
Jun 17, 1997
Sold by
Simon Jeffrey S
Bought by
Simon Jeffrey S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
7.98%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 7, 1997
Sold by
Frady William E
Bought by
Simon Jeffrey S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
7.98%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Newport Beach, CA
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | -- | |
| Grant Deed | $3,250,000 | Chicago Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $2,090,000 | Wfg Title Company Of Ca | |
| Interfamily Deed Transfer | -- | Lawyers Title | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Grant Deed | $873,000 | Southland Title Corporation | |
| Interfamily Deed Transfer | -- | Fidelity National Title | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $575,000 | United Title Company | |
| Interfamily Deed Transfer | -- | Fidelity National Title Ins | |
| Grant Deed | $359,090 | Fidelity National Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $2,437,500 | New Conventional | |
| Previous Owner | $350,000 | New Conventional | |
| Previous Owner | $1,280,000 | Negative Amortization | |
| Previous Owner | $466,000 | Credit Line Revolving | |
| Previous Owner | $250,000 | Credit Line Revolving | |
| Previous Owner | $698,400 | Negative Amortization | |
| Previous Owner | $371,000 | Purchase Money Mortgage | |
| Previous Owner | $275,000 | Balloon | |
| Previous Owner | $28,900 | Small Business Administration | |
| Previous Owner | $288,000 | Purchase Money Mortgage | |
| Closed | $36,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/29/2025 05/29/25 | For Sale | $7,100,000 | +118.5% | $2,752 / Sq Ft |
| 02/21/2023 02/21/23 | Sold | $3,250,000 | 0.0% | $1,413 / Sq Ft |
| 02/21/2023 02/21/23 | Pending | -- | -- | -- |
| 02/21/2023 02/21/23 | For Sale | $3,250,000 | +14.0% | $1,413 / Sq Ft |
| 04/22/2022 04/22/22 | Sold | $2,850,000 | -3.4% | $893 / Sq Ft |
| 02/11/2022 02/11/22 | Pending | -- | -- | -- |
| 11/19/2021 11/19/21 | For Sale | $2,950,000 | +41.1% | $924 / Sq Ft |
| 01/04/2017 01/04/17 | Sold | $2,090,000 | -4.8% | $995 / Sq Ft |
| 10/14/2016 10/14/16 | For Sale | $2,195,000 | -- | $1,045 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $35,422 | $3,315,000 | $3,221,631 | $93,369 |
| 2023 | $30,997 | $2,907,000 | $2,820,848 | $86,152 |
| 2022 | $24,548 | $2,285,719 | $2,210,340 | $75,379 |
| 2021 | $24,079 | $2,240,901 | $2,167,000 | $73,901 |
| 2020 | $23,847 | $2,217,924 | $2,144,780 | $73,144 |
| 2019 | $23,356 | $2,174,436 | $2,102,726 | $71,710 |
| 2018 | $22,892 | $2,131,800 | $2,061,496 | $70,304 |
| 2017 | $11,743 | $1,069,479 | $988,349 | $81,130 |
| 2016 | $11,483 | $1,048,509 | $968,969 | $79,540 |
| 2015 | $11,373 | $1,032,760 | $954,414 | $78,346 |
| 2014 | $11,106 | $1,012,530 | $935,718 | $76,812 |
Source: Public Records
Agents Affiliated with this Home
-
Bob Kurz
Seller's Agent in 2023
Bob Kurz
RE/MAX
(562) 884-3334
1 in this area
47 Total Sales
-
Jodi DiTolla
Buyer's Agent in 2023
Jodi DiTolla
DiTolla Real Estate
(949) 228-7263
2 in this area
17 Total Sales
-
Carter Kaufman
Seller's Agent in 2022
Carter Kaufman
Compass
(949) 734-6500
4 in this area
160 Total Sales
-
J
Seller Co-Listing Agent in 2022
Jeremiah Wisdom
Coldwell Banker Realty
(949) 673-9900
-
Carl Wuestehube
Seller's Agent in 2017
Carl Wuestehube
Tri-Star Realty
(714) 791-6026
363 Total Sales
-
R
Buyer's Agent in 2017
ROBERT IRISH
LAKE HILLS REALTY INC
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP21251371
APN: 423-322-02
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