$3,124,000 - $8,420,000
RENTED DEC 13, 2024
2 Beds
3 Baths
1,449 Sq Ft
$4,564 Price per Sq Ft

Last Sold June 28, 2022

Last sale price $6,650,000 $4,589 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $41,901/month

Highlights

  • Beach Front
  • White Water Ocean Views
  • Deck
  • Newport Elementary School Rated A
  • Open Floorplan
  • 4-minute walk to Marina Park

About This Home

As of December 2024

Live right on the beach, wake up each morning with your toes in the sand. This Coastal Chic, charming beach house, affords front row views of Newport Beach's finest Oceanfront. The two-level front house faces directly on to the sand and features 2 well-appointed bedrooms with huge second story deck and three bathrooms. The large kitchen has newer stainless appliances, perfect for preparing a gourmet meal. Office area on first floor. Situated on a 3,075 SF lot, this front house has 30 feet on the sand with incredible Ocean Views. Located on the world-famous Balboa Peninsula, you are steps from the Newport Beach Pier and incredible restaurants, water sports and much more. This is an ideal place to live, play, entertain family and friends.

Last Agent to Rent the Property

Gail Grabner

Pacific Sotheby's Int'l Realty Brokerage Phone: 949-500-6597 License #01123006 Listed on: 12/04/2024

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

Roxy Ayala

The Agency License #01878880

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $73,241

Year Built

  • Built in 1955

Lot Details

  • 3,075 Sq Ft Lot
  • Beach Front
  • No Common Walls
  • Level Lot

Parking

  • 2 Car Garage
  • On-Street Parking

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic

Home Design

  • Duplex

Interior Spaces

  • 1,449 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Custom Window Coverings
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Vinyl Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Remodeled Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Open Patio
  • Exterior Lighting
  • Front Porch

Utilities

  • Wall Furnace

Listing and Financial Details

  • Security Deposit $9,800
  • Available 12/7/24
  • Legal Lot and Block 4 / 17
  • Tax Tract Number 515
  • Assessor Parcel Number 04720113

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

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Credit Report, Security Deposit
  • Available Date: 2024-12-07
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 9800
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Tenant

Listing Details

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

Interior Features

  • Fireplace: Yes
  • Living Area: 1449.00 Square Feet
  • Interior Amenities: Balcony, Open Floorplan
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 6.76
  • Room Type: All Bedrooms Up
  • Window Features: Custom Covering
  • Bathroom Features: Shower, Remodeled, Walk-In Shower
  • Room Kitchen Features: Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: Catalina, Coastline, Ocean, Panoramic, Water, White Water
  • Patio And Porch Features: Deck, Patio Open, Front Porch
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking Features: Garage, Street
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Gas Cooktop, 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: Curbs, Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Level
  • Lot Size Sq Ft: 3075.00
  • Lot Size Acres: 0.0706
  • Latitude Manual: 33.60685100

Multi Family

  • Insurance Water Furniture: No
  • Lot Size Area: 3075.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Waterfront Features: Beach Front, Ocean Front

Tax Info

  • Tax Block: 17
  • 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
$6,538,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,929,011
Interest Rate
6.02%
Mortgage Type
Credit Line Revolving
Estimated Equity
$4,684,740

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
Open 1708 W Oceanfront Llc $2,000,000
Previous Owner Gerber Ruth Jean $5,850,000
Previous Owner Gerber Ruth Jean $938,250
Previous Owner Gerber Ruth Jean $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2024 12/13/24 Rented $9,800 0.0% --
12/11/2024 12/11/24 Under Contract -- -- --
12/04/2024 12/04/24 For Rent $9,800 0.0% --
06/28/2022 06/28/22 Sold $6,650,000 +7.3% $3,066 / Sq Ft
06/09/2022 06/09/22 For Sale $6,195,000 -6.8% $2,856 / Sq Ft
06/05/2022 06/05/22 Off Market $6,650,000 -- --
06/05/2022 06/05/22 For Sale $6,195,000 -- $2,856 / Sq Ft
06/04/2022 06/04/22 Pending -- -- --
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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP24243087

California Regional Multiple Listing Service (CRMLS)

APN: 047-201-13