NOT LISTED FOR SALE

1708 W Oceanfront Unit B Newport Beach, CA 92663

Central Newport Beach Neighborhood

Estimated Value: $4,169,000 - $8,551,000

2 Beds
1 Bath
750 Sq Ft
$8,559/Sq Ft Est. Value

Highlights

  • Updated Kitchen
  • Open Floorplan
  • No HOA
  • Newport Elementary School Rated A
  • L-Shaped Dining Room
  • 4-minute walk to Marina Park

About This Home

As of October 2024

Want to live steps to the beach and wake up each morning with your toes in the sand?
Completely remodeled back unit with a beautiful, new kitchen & appliances, remodeled bathroom, new windows, new wood-like vinyl flooring through-out and new washer/dryer inside unit.
Charming beach house, unit above garage with a large brick courtyard shared with front house and a one car garage.
Located on Newport Beach's finest Oceanfront on the world-famous Balboa Peninsula, you are steps from the Newport Beach Pier, incredible restaurants, water sports and much more.

Last Agent to Rent the Property

Gail Grabner

Pacific Sotheby's Int'l Realty Brokerage Phone: 949-500-6597 License #01123006 Listed on: 08/30/2024

Pacific Sotheby's Int'l Realty

Co-Listed By

Joy Curtain

Pacific Sotheby's Int'l Realty Brokerage Phone: 949-500-6597 License #01140694

Last Renter's Agent

Briana Harper

Surterre Properties Inc. License #02156579

Surterre Properties Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $73,241

Year Built

  • Built in 1955

Lot Details

  • 3,075 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Duplex
  • Cottage
  • Entry on the 1st floor

Interior Spaces

  • 750 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Family Room Off Kitchen
  • L-Shaped Dining Room
  • Vinyl Flooring

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Built-In Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • All Upper Level Bedrooms
  • 1 Full Bathroom
  • Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Patio
  • Wall Furnace

Listing and Financial Details

  • Security Deposit $4,600
  • Available 9/6/24
  • Legal Lot and Block 4 / 17
  • Tax Tract Number 515
  • Assessor Parcel Number 04720113
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Central Newport Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$73,241

Year Built

Built in 1955

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Credit Report, Security Deposit
  • Available Date: 2024-09-06
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 4600
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Duplex
  • Property Attached: Yes
  • Subdivision Name Other: Central Newport (CNEW)
  • View: No
  • Architectural Style: Cottage
  • Property Sub Type: Duplex
  • Property Type: Residential Lease
  • Parcel Number: 04720113
  • Year Built: 1955
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 750.00 Square Feet
  • Interior Amenities: Open Floorplan
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Ell
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 6.13
  • Room Type: All Bedrooms Up
  • Bathroom Features: Bathtub
  • Room Kitchen Features: Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Gas Range, Microwave, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Dryer Included, In Closet, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 3075.00
  • Lot Size Acres: 0.0706

Multi Family

  • Insurance Water Furniture: No
  • Lot Size Area: 3075.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 17
  • Tax Census Tract: 628.00
  • Tax Lot: 4
  • Tax Tract Number: 515

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2022
Sold by
1708 W Oceanfront Llc
Bought by
1708 W Oceanfront Llc and Liliuokalani Synergy Llc
Current Estimated Value
$6,419,362

Purchase Details

Closed on
Feb 25, 2020
Sold by
Gerber Ruth Jean
Bought by
Gerber Ruth Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,850,000
Interest Rate
3.6%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Mar 6, 2009
Sold by
Gerber Ruth Jean
Bought by
Gerber Ruth Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
2.77%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Dec 14, 1994
Sold by
Gerber Ruth Jean
Bought by
Gerber Ruth Jean
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1708 W Oceanfront Llc -- Chicago Title
Gerber Ruth Jean -- Fidelity National Agency Sln
Gerber Ruth Jean -- None Available
Gerber Ruth Jean -- Ntc
Gerber Ruth Jean -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gerber Ruth Jean $5,850,000
Previous Owner Gerber Ruth Jean $938,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2024 10/05/24 Rented $4,600 0.0% --
09/29/2024 09/29/24 Under Contract -- -- --
08/30/2024 08/30/24 For Rent $4,600 -3.2% --
08/05/2023 08/05/23 Rented $4,750 0.0% --
07/26/2023 07/26/23 Price Changed $4,750 -8.7% $6 / Sq Ft
06/23/2023 06/23/23 Price Changed $5,200 -13.3% $7 / Sq Ft
05/15/2023 05/15/23 For Rent $6,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

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 $73,241 $7,047,346 $6,944,361 $102,985
2024 $73,241 $6,909,163 $6,808,197 $100,966
2023 $72,572 $6,773,690 $6,674,703 $98,987
2022 $3,603 $183,521 $123,617 $59,904
2021 $3,882 $179,923 $121,193 $58,730
2020 $3,779 $178,079 $119,951 $58,128
2019 $3,898 $174,588 $117,599 $56,989
2018 $3,924 $171,165 $115,293 $55,872
2017 $3,880 $167,809 $113,032 $54,777
2016 $3,853 $164,519 $110,816 $53,703
2015 $3,839 $162,048 $109,151 $52,897
2014 $3,773 $158,874 $107,013 $51,861
Source: Public Records

Agents Affiliated with this Home

  • Gail Grabner

    Landlord's Agent in 2024

    Gail Grabner

    Pacific Sotheby's Int'l Realty

    (949) 500-6597

    1 in this area

    31 Total Sales

    Gail Grabner
    Section Image

  • J

    Landlord's Co-Listing Agent in 2024

    Joy Curtain

    Pacific Sotheby's Int'l Realty

    (949) 633-8335

    1 in this area

    32 Total Sales

    Joy Curtain
    Section Image

  • B

    Tenant's Agent in 2024

    Briana Harper

    Surterre Properties Inc.

    (949) 322-6404

    1 Total Sale

    Briana Harper
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP24178580

California Regional Multiple Listing Service (CRMLS)

APN: 047-201-13

California Orange County Newport Beach 92661 Central Newport Beach

1708 W Oceanfront Unit B, Newport Beach, CA

This home is located at 1708 W Oceanfront Unit B, Newport Beach, CA 92663 since 30 August 2024 and is currently priced at $6,419,362. This property was built in 1955. 1708 W Oceanfront Unit B 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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