$949,000
PENDING $20K PRICE DROP

Estimated payment $6,005/month

Total Views 55,731
4 Beds
4.5 Baths
3,117 Sq Ft
$304 Price per Sq Ft

Highlights

  • Ocean View
  • Viking Appliances
  • Wood Flooring
  • Newport Elementary School Rated A
  • Contemporary Architecture
  • Furnished

About This Home

New Co-Ownership Opportunity: New co-ownership opportunity: Own 1/8 of this professionally managed, turnkey home. Just minutes from Balboa Pier Beach, this completely renovated and redesigned 4-bedroom, 4.5-bath home makes a perfect coastal retreat. Perched on a corner lot, the three-story home is filled with light, relaxing spaces to enjoy with family and friends. Topping it off is an expansive rooftop deck with stunning ocean views. Large windows, glass doors and wood floors make this modern home feel fresh and inviting. The great room, complete with gas fireplace, flows easily to the paved front patio for easy indoor/outdoor living. The sleek kitchen has Viking appliances, a generous island and a huge pantry. Just around the corner are a powder room and laundry room. On the second floor, the primary bedroom has a private balcony, spacious closet and en suite bathroom with dual vanity, tiled shower and oval soaking tub. This level also has two guest bedrooms and bathrooms and access to a deck with a peek-a-boo ocean view. In addition to a fourth bedroom with a balcony and a nearby bathroom, the home's top level offers access to the spectacular rooftop entertaining area, complete with outdoor kitchen, fire pit and ocean views. Or opt to dine at one of the many nearby restaurants, enjoy a sunset stroll on the beach and stop by one of the fire rings to warm yourself on a cool evening. The home, close to the body surfing hot-spot called the Wedge, comes fully furnished and professionally decorated.

Listing Agent

Joseph Maehler

Pacaso Inc. License #01457093 Listed on: 10/23/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $62,792

Year Built

  • Built in 1940

Lot Details

  • 2,522 Sq Ft Lot

Parking

  • 1 Car Attached Garage

Property Views

  • Ocean
  • Harbor
  • City Lights

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,117 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Built-In Features
  • Family Room with Fireplace
  • Great Room
  • Dining Area
  • Laundry Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Viking Appliances

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Soaking Tub

Outdoor Features

  • Open Patio
  • Outdoor Grill

Utilities

  • Air Conditioning
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 048-222-01

Home Details

Home Type

Single Family

Est. Annual Taxes

$62,792

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Contemporary
  • Levels: Three Or More
  • Street Number Display: Yes
  • Living Area: 3117
  • Lot Acreage: 0.0579
  • Probate: No
  • Stories: 2
  • Year Built: 1940
  • Number Of Photos: 35
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Family Room
  • Flooring: Laminate, Wood
  • Bedrooms: 4
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside, Room
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Barbeque, Built-Ins, Dishwasher, Microwave, Refrigerator, Range/Oven
  • Price Per S Q F T: 304.46

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: City Lights, Ocean, Harbor
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 3 Car, Garage Is Attached
  • Total Parking: 1

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 048-222-01
  • Lot Size Area: 2522

Rental Info

  • Furnished: Furnished

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2025 $62,792 $6,048,885 $5,089,702 $959,183
2024 $62,792 $5,930,280 $4,989,904 $940,376
2023 $61,328 $5,814,000 $4,892,062 $921,938
2022 $60,319 $5,700,000 $4,796,139 $903,861
2021 $32,891 $3,091,478 $2,466,368 $625,110
2020 $30,376 $2,850,954 $2,466,368 $384,586
2019 $32,155 $3,024,300 $2,418,008 $606,292
2018 $31,380 $2,952,262 $2,366,285 $585,977
2017 $30,824 $2,894,375 $2,319,887 $574,488
2016 $30,130 $2,837,623 $2,274,399 $563,224
2015 $29,848 $2,795,000 $2,240,236 $554,764
2014 $28,342 $2,664,000 $2,055,656 $608,344
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2025 09/08/25 Pending -- -- --
05/06/2025 05/06/25 Price Changed $949,000 -2.1% $304 / Sq Ft
10/23/2024 10/23/24 For Sale $969,000 0.0% $311 / Sq Ft
10/23/2024 10/23/24 Off Market $969,000 -- --
09/18/2024 09/18/24 For Sale $969,000 +7.7% $311 / Sq Ft
05/25/2023 05/25/23 Sold $900,000 -2.7% $289 / Sq Ft
05/16/2023 05/16/23 Price Changed $925,000 -6.6% $297 / Sq Ft
01/18/2023 01/18/23 For Sale $990,000 -85.3% $318 / Sq Ft
01/13/2022 01/13/22 Sold $6,720,000 +700.0% $2,156 / Sq Ft
01/12/2022 01/12/22 Pending -- -- --
11/30/2021 11/30/21 For Sale $840,000 -85.3% $269 / Sq Ft
08/21/2021 08/21/21 For Sale $5,700,000 0.0% $1,829 / Sq Ft
08/20/2021 08/20/21 Sold $5,700,000 0.0% $1,829 / Sq Ft
08/10/2021 08/10/21 Off Market $5,700,000 -- --
08/10/2021 08/10/21 For Sale $5,700,000 0.0% $1,829 / Sq Ft
07/04/2021 07/04/21 For Sale $5,700,000 0.0% $1,829 / Sq Ft
07/03/2021 07/03/21 Pending -- -- --
07/03/2021 07/03/21 Off Market $5,700,000 -- --
04/13/2021 04/13/21 Sold $3,293,000 +1.3% $1,056 / Sq Ft
03/24/2021 03/24/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $3,250,000 +9.6% $1,043 / Sq Ft
06/29/2018 06/29/18 Sold $2,965,000 -5.9% $1,090 / Sq Ft
06/14/2018 06/14/18 Pending -- -- --
03/19/2018 03/19/18 For Sale $3,150,000 +12.7% $1,158 / Sq Ft
12/01/2014 12/01/14 Sold $2,795,000 -3.6% $964 / Sq Ft
10/02/2014 10/02/14 Pending -- -- --
09/10/2014 09/10/14 For Sale $2,899,900 -- $1,000 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $5,700,000 Fidelity Sherman Oaks
Grant Deed $3,293,000 None Listed On Document
Quit Claim Deed -- None Available
Quit Claim Deed -- None Listed On Document
Trustee Deed $2,905,000 Accommodation
Grant Deed $2,965,000 First American Title
Interfamily Deed Transfer -- First American Title Co
Quit Claim Deed -- First American Title Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $2,795,000 Chicago Title
Interfamily Deed Transfer -- Chicago Title
Interfamily Deed Transfer -- Chicago Title
Grant Deed $2,800,000 Equity Title Company
Grant Deed -- Equity Title Company
Interfamily Deed Transfer -- Stewart Title Of Ca Inc
Interfamily Deed Transfer -- Stewart Title Of Ca Inc
Grant Deed $1,310,000 Diversified Title & Escrow S
Grant Deed -- California Counties Title Co
Grant Deed $410,000 California Counties Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,925,000 Credit Line Revolving
Closed $3,375,000 Commercial
Previous Owner $430,000 Construction
Previous Owner $2,920,263 Purchase Money Mortgage
Previous Owner $2,000,000 Fannie Mae Freddie Mac
Previous Owner $982,500 Purchase Money Mortgage
Previous Owner $210,000 Purchase Money Mortgage
Source: Public Records

Source: The MLS

MLS Number: 24-441013

The MLS

APN: 048-222-01