NOT LISTED FOR SALE
7 Beds
5 Baths
2,800 Sq Ft
2,614 Sq Ft Lot

Sale Details

Date Sold: March 3, 2021

Last sale price $2,200,000 $786 Per Sq Ft

9 Days on Market

Highlights

  • Open Floorplan
  • Dual Staircase
  • Living Room Balcony
  • Newport Elementary School Rated A
  • Neighborhood Views
  • Living Room

About This Home

As of March 2021

LOCATION, LOCATION, LOCATION!! This Duplex Offers an Upstairs Unit with 4 Bedrooms, 3 Bathrooms, with Updated Kitchen and Baths, New Flooring and Paint, Living Room with Fireplace and Sliding Doors to a Small Deck – Perfect for BBQs. Huge Master Bedroom with Mirrored Closet Doors, Ceiling Fan and Master Bath. The Lower Unit Features 3 Bedrooms, 2 Bathrooms, Spacious Living Room with Fireplace as well as Sliding Doors to a Front Patio, Large Master Bedroom and Bath. There’s also a 2 Car Attached Garage. This Amazing Location is just Two Houses from the Beach and 2 Short Blocks from the Ferry, Restaurants, Shops and Entertainment at the Pier.

Last Agent to Sell the Property

Gantry Wilson

Real Broker License #01412779 Listed on: 02/03/2021

Last Buyer's Agent

Geoff Luna

Geoffrey Luna, Broker License #01167933

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 2,614 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Turnkey

Interior Spaces

  • 2,800 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Dual Staircase
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room
  • Neighborhood Views
  • Laundry in Garage

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Living Room Balcony
  • Exterior Lighting

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Legal Lot and Block 2 / 4
  • Tax Tract Number 510
  • Assessor Parcel Number 04809115

Community Details

Overview

  • 2 Units
  • Balboa Peninsula Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $479
  • Maintenance Expense $9,685
  • Professional Management Expense $6,192
  • Trash Expense $100
  • Water Sewer Expense $1,246
  • Operating Expense $20,332
  • Gross Income $96,000
  • Net Operating Income $75,688

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

2,614 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: No
  • Professional Management Expense: 6192.00
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Water Sewer Expenses: 1246.00
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 04809115
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: 2 Staircases, Balcony, Living Room Balcony, Open Floorplan
  • Stories: 2
  • Common Walls: No Common Walls
  • Door Features: Sliding Doors
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 785.71
  • Room Type: Kitchen, Living Room, Master Bedroom

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 100.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 2614.00
  • Lot Size Acres: 0.0600

Multi Family

  • Electric Expense: 479.00
  • Gross Income: 96000.00
  • Gross Scheduled Income: 96000.00
  • Lot Size Area: 2614.0000 Square Feet
  • Maintenance Expense: 9685.00
  • Net Operating Income: 75688.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 20332.00
  • Rent Control: No
  • Total Actual Rent: 8000.00
  • Total Expenses: 20332.00

Tax Info

  • Tax Block: 4
  • Tax Census Tract: 628.00
  • Tax Lot: 2
  • Tax Tract Number: 510

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2021
Closed on
Feb 17, 2021
Sold by
Weinberg Richard A and Weinberg Rosanne
Bought by
Seller's Agent
Gantry Wilson
Real Broker
Buyer's Agent
Geoff Luna
Geoffrey Luna, Broker
List Price
$2,150,000
Sold Price
$2,200,000
Premium/Discount to List
$50,000
2.33%

Purchase Details

Closed on
Aug 13, 2010
Sold by
Mcgann Peter D and Mcgann Kris
Bought by
Mcgann Peter D and Mcgann Kris A

Purchase Details

Closed on
Mar 24, 2006
Sold by
Lovalvo Leonard J and Lovalvo Vera M
Bought by
Lovalvo Leonard J and Lovalvo Vera

Purchase Details

Closed on
Sep 2, 2004
Sold by
Weinberg Richard and Weinberg Rosanne
Bought by
Weinberg Richard A and Weinberg Rosanne

Purchase Details

Closed on
Jul 26, 2003
Sold by
Hgc International Llc
Bought by
Lovalvo Leonard J and Lovalvo Vera M

Purchase Details

Closed on
Apr 28, 2003
Sold by
R & G Properties Llc
Bought by
Hgc International Llc

Purchase Details

Closed on
Oct 17, 2001
Sold by
Rini Joseph and Gennusa Sheryll
Bought by
Rini Joseph and Gennusa Sheryll
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Central Newport Beach, CA

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,200,000 First Amer Ttl Co Res Div
Mcgann Peter D -- None Available
Lovalvo Leonard J -- None Available
Weinberg Richard A -- --
Lovalvo Leonard J $900,000 Fnt
Hgc International Llc $925,000 Fnt
Rini Joseph -- --
R & G Properties Llc -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $400,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/03/2021 03/03/21 Sold $2,200,000 +2.3% $786 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
02/03/2021 02/03/21 For Sale $2,150,000 0.0% $768 / Sq Ft
08/16/2019 08/16/19 Rented $4,200 0.0% --
08/01/2019 08/01/19 Price Changed $4,200 -4.5% $2 / Sq Ft
07/01/2019 07/01/19 For Rent $4,400 +25.7% --
06/25/2019 06/25/19 Rented $3,500 0.0% --
06/01/2019 06/01/19 For Rent $3,500 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $25,530 $2,428,977 $2,208,163 $220,814
2025 $25,126 $2,381,350 $2,164,865 $216,485
2024 $25,126 $2,334,657 $2,122,416 $212,241
2023 $24,536 $2,288,880 $2,080,800 $208,080
2022 $24,914 $2,244,000 $2,040,000 $204,000
2021 $13,969 $1,182,161 $1,039,437 $142,724
2020 $13,841 $1,170,040 $1,028,779 $141,261
2019 $13,613 $1,147,099 $1,008,607 $138,492
2018 $13,481 $1,124,607 $988,830 $135,777
2017 $13,255 $1,102,556 $969,441 $133,115
2016 $12,978 $1,080,938 $950,433 $130,505
2015 $12,892 $1,064,702 $936,157 $128,545
2014 $12,583 $1,043,846 $917,819 $126,027
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21022938

California Regional Multiple Listing Service (CRMLS)

APN: 048-091-15

Your Personal Tour Guide

Ask me questions while you tour the home.