NOT LISTED FOR SALE

20052 SW Birch St Newport Beach, CA 92660

Bayview Neighborhood

Estimated Value: $3,566,000 - $4,464,034

6 Beds
4 Baths
2,742 Sq Ft
$1,422/Sq Ft Est. Value

Last Sold September 01, 2020

Last sale price $1,460,000 $532 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $24,998/month

7 Days on Market

Highlights

  • No HOA
  • Mariners Elementary School Rated A
  • Laundry Room

About This Home

As of September 2020

Rare find, prime location. Located in Newport Beach, with easy access to freeways and John Wayne Airport. Redevelop the site with professional and administrative offices, commercial uses, specific uses related to product development, and industrial uses. The existing nonconforming residential units may remain as a great investment opportunity. The land is over 15,500 sqft (approximately) and is awaiting your creativity.

Last Agent to Sell the Property

Michael Shank

Compass License #01876840 Listed on: 08/12/2020

Compass

Co-Listed By

Daniel Banuelos

Compass License #02007567

Compass

Last Buyer's Agent

Daniel Banuelos

Compass License #02007567

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $37,248

Year Built

  • Built in 1940

Lot Details

  • 0.36 Acre Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 6 Open Parking Spaces
  • 3 Car Garage

Home Design

  • 2,742 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 140
  • Tax Tract Number 706
  • Assessor Parcel Number 43935227

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units
  • Santa Ana Heights Commercial Subdivision

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Electric Expense $3,420
  • Fuel Expense $3,960
  • Insurance Expense $967
  • Trash Expense $750
  • Water Sewer Expense $750
  • New Taxes Expense $2,685
  • Operating Expense $12,532
  • Gross Income $90,744
  • Net Operating Income $83,144

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$37,248

Year Built

Built in 1940

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Other Phone Description: Daniel Banuelos
  • Other Phone Number: (714) 624-31
  • Property Attached: Yes
  • Subdivision Name Other: Santa Ana Heights Commercial (SAHC)
  • Water Sewer Expenses: 750.00
  • Property Type: Residential Income
  • Parcel Number: 43935227
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 532.46

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 9.00
  • Uncovered Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 750.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 15518.00
  • Lot Size Acres: 0.3562

Multi Family

  • Electric Expense: 3420.00
  • Fuel Expense: 3960.00
  • Gross Income: 90744.00
  • Gross Scheduled Income: 90744.00
  • Insurance Expense: 967.00
  • Lot Size Area: 15518.0000 Square Feet
  • Net Operating Income: 83144.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 7600.00
  • Rent Control: No
  • Total Actual Rent: 7672.00
  • Total Expenses: 12532.00

Tax Info

  • New Taxes Expense: 2685.00
  • Tax Census Tract: 631.01
  • Tax Lot: 140
  • Tax Tract Number: 706

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2023
Sold by
Kim Sung Kee
Bought by
Jones Bristol Parcel Llc
Total Days on Market
7
Current Estimated Value
$3,900,259

Purchase Details

Listed on
Aug 12, 2020
Closed on
Aug 28, 2020
Sold by
Kim Chong Hwa
Bought by
Kim Sung Kee
Seller's Agent
Michael Shank
Compass
Buyer's Agent
Daniel Banuelos
Compass
List Price
$1,550,000
Sold Price
$1,460,000
Premium/Discount to List
-$90,000
-5.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.75%
Original Mortgage
$1,040,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 12, 2020
Closed on
Aug 21, 2020
Sold by
Meraz Salvador T
Bought by
Kim Sung Kee
Seller's Agent
Michael Shank
Compass
Buyer's Agent
Daniel Banuelos
Compass
List Price
$1,550,000
Sold Price
$1,460,000
Premium/Discount to List
-$90,000
-5.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 28, 2007
Sold by
Meraz Salvador H
Bought by
Meraz Salvador H
Source: Public Records

Range of Values:

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Average Value
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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
Jones Bristol Parcel Llc $3,279,000 Ticor Title
Kim Sung Kee -- California Title Company
Kim Sung Kee $1,460,000 California Title Company
Meraz Salvador H -- None Available
Meraz Salvador H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Bristol Parcel Llc $240,801,785
Previous Owner Kim Sung Kee $1,090,000
Previous Owner Kim Sung Kee $1,090,000
Previous Owner Kim Sung Kee $1,040,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2020 09/01/20 Sold $1,460,000 -5.8% $532 / Sq Ft
08/19/2020 08/19/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $1,550,000 -- $565 / 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
2024 $37,248 $3,344,580 $3,215,029 $129,551
2023 $17,833 $1,518,984 $1,401,983 $117,001
2022 $17,461 $1,489,200 $1,374,493 $114,707
2021 $17,036 $1,460,000 $1,347,542 $112,458
2020 $2,763 $108,903 $44,895 $64,008
2019 $2,691 $106,768 $44,015 $62,753
2018 $2,634 $104,675 $43,152 $61,523
2017 $2,719 $102,623 $42,306 $60,317
2016 $2,681 $100,611 $41,476 $59,135
2015 $2,655 $99,100 $40,853 $58,247
2014 $2,611 $97,159 $40,052 $57,107
Source: Public Records

Agents Affiliated with this Home

  • Michael Shank

    Seller's Agent in 2020

    Michael Shank

    Compass

    (949) 244-3494

    2 in this area

    40 Total Sales

    Michael Shank
    Section Image
  • Daniel Banuelos

    Seller Co-Listing Agent in 2020

    Daniel Banuelos

    Compass

    (714) 624-3145

    1 in this area

    24 Total Sales

    Daniel Banuelos
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP20161772

California Regional Multiple Listing Service (CRMLS)

APN: 439-352-27

California Orange County Newport Beach 92660 Bayview

20052 SW Birch St, Newport Beach, CA

This home is located at 20052 SW Birch St, Newport Beach, CA 92660 since 12 August 2020 and is currently estimated at $3,900,259, approximately $1,422 per square foot. This property was built in 1940. 20052 SW Birch St is a home located in Orange County with nearby schools including Mariners 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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