NOT LISTED FOR SALE
3 Beds
3 Baths
1,428 Sq Ft
2,479 Sq Ft Lot

Last Sold September 24, 2013

Last sale price $1,015,000 $711 Per Sq Ft

63 Days on Market

Highlights

  • Across the Road from Lake or Ocean
  • Main Floor Primary Bedroom
  • Balcony
  • Newport Elementary School Rated A
  • No HOA
  • Laundry Room

About This Home

As of September 2013

Buy Today: Profit Tomorrow...
Ideally located close to Newport Beach's famed pier, beaches, and harbor, this income property will be difficult to match. Downstairs (owner's unit) is a good-sized 2 bedroom/2 bath home complete with fireplace, patio, 2 car garage, and washer/dryer. Master bedroom is huge... keep it like it is, or convert back to a 3 bedroom to increase the rental revenue. Private stairway leads to the clean and charming studio unit with its own balcony and roof-top deck. The units on this property are strategically placed in order to offer privacy all around.

Last Agent to Sell the Property

Scott Singer

Pacific Sotheby's Int'l Realty License #01310519 Listed on: 06/20/2013

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Brian Liberto

The Agency License #01473233

The Agency

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 2,479 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Bungalow
  • Cosmetic Repairs Needed
  • Composition Roof

Interior Spaces

  • 1,428 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Balcony
  • Across the Road from Lake or Ocean
  • Heating Available

Listing and Financial Details

  • Legal Lot and Block 12 / 118
  • Tax Tract Number 515
  • Assessor Parcel Number 04718205

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Architectural Style: Bungalow
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 04718205
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony
  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 710.78
  • Room Type: Main Floor Bedroom, Main Floor Master Bedroom

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 2479.00
  • Lot Size Acres: 0.0570

Multi Family

  • Average Studio Area: 400
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 2479.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Waterfront Features: Across the Road from Lake/Ocean

Tax Info

  • Tax Block: 118
  • Tax Lot: 12
  • Tax Tract Number: 515
  • Tax Year: 2012

Range of Values:

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Sold Price
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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
09/24/2013 09/24/13 Sold $1,015,000 -13.2% $711 / Sq Ft
08/22/2013 08/22/13 Pending -- -- --
06/20/2013 06/20/13 For Sale $1,169,000 -- $819 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP13119256

California Regional Multiple Listing Service (CRMLS)