$6,000,000
SOLD SEP 29, 2025
4 Beds
4 Baths
2,084 Sq Ft
1,742 Sq Ft Lot

Recently Sold

$2,879 Per Sq Ft

17% Below List Price

51 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Maid or Guest Quarters
  • Newport Elementary School Rated A
  • Property has ocean access
  • Fireplace in Primary Bedroom

About This Home

As of September 2025

Location, location, location! This is your rare opportunity to own a DUPLEX beach house ideally located just steps from the Newport Pier. You can enjoy sweeping ocean views and a front-row seat to coastal living. This recently updated home combines timeless charm with modern upgrades. Inside, you’ll find brand new flooring, fresh interior and exterior paint, and high-end automatic shades throughout. The kitchen features a new refrigerator, range, and microwave. A fully rebuilt upstairs balcony offers ocean breezes and sunset views, and the remodeled primary bathroom features a sleek new shower and refined finishes. Brand-new dual-pane windows and sliding glass doors flood the home with light, while a new ADT security system and updated exterior gates provide added peace of mind. As an added bonus, the property includes a second unit with its own private entrance, kitchen, and living area making it perfect for guests, extended family, or rental income. This home can be sold fully furnished, including all brand-new furniture, linens, and curated decor. It's completely move-in ready from day one. From being able to walk to a plethora restaurants, to biking the boardwalk, and falling asleep to the sound of the waves, this is oceanfront living done right.

Last Agent to Sell the Property

Selene Hanna

Alt Financial Network Inc Brokerage Phone: 714-727-9717 License #02047923 Listed on: 07/07/2025

Co-Listed By

Patrick Hanna

Alt Financial Network Inc Brokerage Phone: 714-727-9717 License #02233602

Last Buyer's Agent

John Jones

Redfin License #01978786

Redfin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,159

Year Built

  • Built in 1918

Lot Details

  • 1,742 Sq Ft Lot
  • Beach Front
  • Level Lot

Parking

  • 2 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Parking Available

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,084 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Double Pane Windows
  • Bay Window
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Ocean Views

Kitchen

  • Open to Family Room
  • Gas Oven
  • Gas Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Maid or Guest Quarters
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Property has ocean access
  • Balcony
  • Open Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Legal Lot and Block 12 / 19
  • Tax Tract Number 255
  • Assessor Parcel Number 04717217
  • $542 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Balboa Peninsula Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,159

Year Built

Built in 1918

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Zoning: R-1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04717217
  • Year Built: 1918
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2084.00 Square Feet
  • Interior Amenities: Balcony, Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Living Room, Primary Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2879.08
  • Room Type: Family Room, Guest/Maid's Quarters, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Bedroom
  • Window Features: Bay Window(s), Double Pane Windows
  • Room Kitchen Features: Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: Ocean
  • Patio And Porch Features: Patio Open
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Built-In Storage, Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater, Water Line to Refrigerator
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 1742.00
  • Lot Size Acres: 0.0400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1742.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Beach Front, Ocean Access, Ocean Front

Tax Info

  • Tax Block: 19
  • Tax Census Tract: 635.00
  • Tax Lot: 12
  • Tax Tract Number: 255
  • TaxOtherAnnualAssessmentAmount: 542.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2025
Closed on
Sep 24, 2025
Sold by
Gage and Gage L S
Bought by
Newport Homes 1924 Llc
Seller's Agent
Selene Hanna
Alt Financial Network Inc
Buyer's Agent
John Jones
Redfin
List Price
$7,200,000
Sold Price
$6,000,000
Premium/Discount to List
-$1,200,000
-16.67%
Views
97

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.65%

Purchase Details

Closed on
Sep 25, 1996
Sold by
Grant Bettingen
Bought by
Bison Investor Relations Inc

Purchase Details

Closed on
Sep 24, 1996
Sold by
Bison Investor Relations Inc
Bought by
Gage S L

Purchase Details

Closed on
May 2, 1994
Sold by
Bettingen Christi Mottola
Bought by
Bettingen Grant

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
8.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 18, 1989
Sold by
Friedman Allan M
Bought by
Bison Investor Relations Incorporated
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Grant Deed $6,000,000 First American Title Company
Quit Claim Deed -- Benefit Land Title Ins Co
Grant Deed -- Benefit Land Title Ins Co
Quit Claim Deed -- Benefit Land Title Co
Grant Deed $750,000 Benefit Land Title Co
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $600,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2025 09/29/25 Sold $6,000,000 -7.7% $2,879 / Sq Ft
09/02/2025 09/02/25 Price Changed $6,500,000 -9.7% $3,119 / Sq Ft
08/27/2025 08/27/25 Pending -- -- --
07/07/2025 07/07/25 For Sale $7,200,000 -- $3,455 / Sq Ft
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 $15,159 $1,416,967 $1,247,656 $169,311
2024 $15,159 $1,389,184 $1,223,192 $165,992
2023 $14,801 $1,361,946 $1,199,208 $162,738
2022 $14,551 $1,335,242 $1,175,694 $159,548
2021 $14,274 $1,309,061 $1,152,641 $156,420
2020 $14,137 $1,295,639 $1,140,822 $154,817
2019 $13,850 $1,270,235 $1,118,453 $151,782
2018 $13,576 $1,245,329 $1,096,523 $148,806
2017 $13,338 $1,220,911 $1,075,022 $145,889
2016 $13,041 $1,196,972 $1,053,943 $143,029
2015 $12,917 $1,178,993 $1,038,112 $140,881
2014 $12,613 $1,155,899 $1,017,777 $138,122
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP25144018

California Regional Multiple Listing Service (CRMLS)

APN: 047-172-17