NOT LISTED FOR SALE

1624 W Oceanfront Newport Beach, CA 92663

Central Newport Beach Neighborhood
5 Beds
5 Baths
3,039 Sq Ft
3,049 Sq Ft Lot

Last Sold October 22, 2020

Last sale price $5,500,000 $1,810 Per Sq Ft

84 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Dual Staircase
  • Newport Elementary School Rated A
  • Roof Top Spa
  • 3-minute walk to Marina Park

About This Home

As of October 2020

Quintessential oceanfront duplex beach home in turn-key condition. A wonderful opportunity to own between the piers and on the sand along one of Southern California’s most favored stretches of shoreline. Generously proportioned, turn-key three bedroom, three bath upper-level owner’s unit is accented by abundant millwork, vaulted ceilings, hardwood floors, and new carpet and paint throughout. It features two fireplaces, an eat-in kitchen nook, separate laundry room, elevator, and spectacular roof top terrace with spa, BBQ area and panoramic 360-degree views up-and-down the coastline, and capturing bay front and city light views, as well. The spacious lower level two bedroom, two bath unit has been remodeled and features a cozy brick-accented fireplace, private laundry and a large oceanfront terrace adjacent to the boardwalk. Central air conditioning, a dumbwaiter, and a four car parking complete this fabulous R-2 lifestyle opportunity. Ideally suited as either a short-term rental income property, or perfect for an owner/user to enjoy the large upper unit while benefitting from rental income below. Located in the heart of Balboa, across from Marina Park and just a short bike ride from myriad restaurants, shops, the Fun Zone and the Balboa Island Ferry.

Last Agent to Sell the Property

Tara Shapiro

Coldwell Banker Realty License #01892201 Listed on: 06/15/2020

Coldwell Banker Realty

Last Buyer's Agent

Julia Morton

White Sail Realty License #02016387

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 30x103
  • Beach Front
  • Home fronts navigable water
  • No Common Walls
  • Level Lot

Parking

  • 3 Car Direct Access Garage
  • 1 Carport Space
  • Parking Available
  • Tandem Garage
  • Single Garage Door

Property Views

  • White Water Ocean
  • Coastline
  • Bay
  • Catalina
  • Panoramic
  • City Lights

Home Design

  • Turnkey

Interior Spaces

  • 3,039 Sq Ft Home
  • 3-Story Property
  • Dual Staircase
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Beamed Ceilings
  • High Ceiling
  • Living Room with Fireplace
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • 5 Bathrooms

Outdoor Features

  • Roof Top Spa
  • Balcony
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 12 / 16
  • Tax Tract Number 515
  • Assessor Parcel Number 04720227

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Balboa Peninsula Subdivision

Recreation

  • Water Sports

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1974 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 04720227
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: 2 Staircases, Balcony, Beamed Ceilings, Built-in Features, Chair Railings, Crown Molding, Elevator, High Ceilings
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Accessibility Features: Accessible Elevator Installed, See Remarks
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Three Or More
  • Price Per Square Foot: 1809.81
  • Spa Features: Roof Top

Exterior Features

  • Exterior Features: Barbecue Private
  • View: Bay, Catalina, City Lights, Coastline, Ocean, Panoramic, Water, White Water
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage - Single Door, Tandem Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Zoned, Forced Air, Natural Gas
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Watersports, Sidewalks, Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size: 30x103
  • Lot Size Sq Ft: 3049.00
  • Lot Size Acres: 0.0700

Multi Family

  • Average2 Bed Area: 1163 Square Feet
  • Average3 Bed Area: 1875 Square Feet
  • Lot Size Area: 3049.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Rent Control: No
  • Waterfront Features: Beach Front, Navigable Water, Ocean Front

Tax Info

  • Tax Block: 16
  • Tax Census Tract: 628.00
  • Tax Lot: 12
  • Tax Tract Number: 515

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2020 10/22/20 Sold $5,500,000 -4.3% $1,810 / Sq Ft
09/07/2020 09/07/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $5,750,000 -- $1,892 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Tara Shapiro

    Seller's Agent in 2020

    Tara Shapiro

    Coldwell Banker Realty

    (949) 478-7781

    23 in this area

    96 Total Sales

    Section Image
  • Julia Morton

    Buyer's Agent in 2020

    Julia Morton

    White Sail Realty

    (949) 933-2906

    4 in this area

    7 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP20113848

California Regional Multiple Listing Service (CRMLS)

APN: 047-202-27

California Orange County Newport Beach 92661 Central Newport Beach

1624 W Oceanfront, Newport Beach, CA

This home is located at 1624 W Oceanfront, Newport Beach, CA 92663 since 15 June 2020. This property was built in 1974. 1624 W Oceanfront is a home located in Orange County with nearby schools including Newport Elementary School, Horace Ensign Intermediate School, and Newport Harbor High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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