Seller's Agent in 2013
Tim Carr
Pacific Sotheby's Int'l Realty
(949) 230-8454
3 in this area
156 Total Sales
2
Beds
4
Baths
1,357
Sq Ft
2,100
Sq Ft Lot
Highlights
- Traditional Architecture
- Ceramic Countertops
- Heating System Uses Natural Gas
- Newport Elementary School Rated A
- Carpet
About This Home
As of February 2013These charming 1920's Spanish bungalows consist of four studio apartments w/ potential second story bay views if you were to rebuild. Each unit features a spacious living/sleeping area, kitchen with eat-in-area, closet space and full bath. The front unit features a spacious patio with views of the sand. Located in the highly desirable Newport Peninsula this property can be an opportunity for short term vacation renters or long term tenants. This amazing location, just two blocks from the ocean and a half block from the harbor, provides the best of Peninsula living for tenants - close proximity to restaurants, shops, bars, fun zone, boating, and fishing. Current rents are substantially below market.
Last Agent to Sell the Property
Pacific Sotheby's Int'l Realty License #01017277 Listed on: 10/02/2012
Last Buyer's Agent
Allan Heller
Coldwell Banker Realty License #00464662
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1927
Lot Details
- 2,100 Sq Ft Lot
- Lot Dimensions are 30x70
Parking
- On-Street Parking
Home Design
- Traditional Architecture
- Tar and Gravel Roof
- Stucco
Interior Spaces
- 4 Bathrooms
- 1,357 Sq Ft Home
- Carpet
Kitchen
- Electric Cooktop
- Ceramic Countertops
Utilities
- Heating System Uses Natural Gas
- Wall Furnace
Listing and Financial Details
- Tenant pays for cable TV
- Legal Lot and Block 17 / 4
- Tax Tract Number 219
- Assessor Parcel Number 04802203
Community Details
Overview
- 4 Units
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $760
- Maintenance Expense $1,110
- Other Expense $329
- Professional Management Expense $2,491
- Water Sewer Expense $571
- New Taxes Expense $10,879
- Gross Income $3,153
- Net Operating Income $31,539
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/13/2013 02/13/13 | Sold | $850,000 | -14.1% | $626 / Sq Ft |
| 12/24/2012 12/24/12 | Pending | -- | -- | -- |
| 10/02/2012 10/02/12 | For Sale | $989,000 | -- | $729 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
-
A
Buyer's Agent in 2013
Allan Heller
Coldwell Banker Realty
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: U12003849
APN: 048-022-03
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