NOT LISTED FOR SALE
5 Beds
6 Baths
2,750 Sq Ft
3,049 Sq Ft Lot

Last Sold June 13, 2016

Last sale price $1,995,000 $725 Per Sq Ft

3 Days on Market

Highlights

  • White Water Ocean Views
  • High Ceiling
  • Balcony
  • Newport Elementary School Rated A
  • Granite Countertops
  • 1-minute walk to Channel Place Park

About This Home

As of June 2016

***New Renovation + Addition*** Approx 2,750 sqft Duplex with a total of 5 beds/6 baths/4 car garage on the Balboa Peninsula in Newport Beach just steps from the sand. The front unit offers 2 bed/3 bath plus an additional top 3rd room with it's own full bathroom, kitchenette and private outside access that can be leased separately. This unit has a large master bedroom with balcony, walk in closet, and dual sink.
The rear unit offers 2 bed/2 bath. Front and back units are side by side and separated by courtyard/stairs thus more private.
Complete contemporary remodel of interior and exterior! Interior upgrades include: New kitchens with custom cabinetry, quartz countertop, backsplash, and stainless steel appliances. New bathrooms with vanity, plumbing fixtures, contemporary shower tile, frameless shower glass, toilets, sinks and fixtures. New wet bar, fireplace, wood flooring , tile, carpet, designer paint, recessed LED lights, doors, hardware and wrought iron railings. New electrical panels, furnace , and water heaters. Exterior upgrades include: New concrete hardy sidings, dual pane windows, exterior doors, wrought iron gates, composite decks and stairs, garage door plus opener, tile and flag stone. Qualified for Short-Term vacation rental.

Last Agent to Sell the Property

Ali Motakef

Rise Realty License #01730005 Listed on: 04/25/2016

Rise Realty

Last Buyer's Agent

Marc Morcos

Balboa Real Estate, Inc License #01459465

Balboa Real Estate, Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Lot Details

  • 3,049 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • No Landscaping

Parking

  • 4 Car Garage
  • Parking Available

Property Views

  • White Water Ocean
  • Coastline

Home Design

  • Turnkey

Interior Spaces

  • 2,750 Sq Ft Home
  • Bar
  • High Ceiling
  • Sliding Doors
  • Living Room with Fireplace

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Central Heating
  • 220 Volts in Kitchen

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 164
  • Assessor Parcel Number 42329505

Community Details

Overview

  • 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 1983

Lot Details

3,049 Sq Ft Lot

Parking

4

Listing Details

  • Inclusions: All Appliances
  • Property Attached: No
  • View: Yes
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 42329505
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Bar, Balcony, Granite Counters, High Ceilings, Unfurnished
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 725.45
  • Room Type: Living Room, Master Bedroom, Walk-In Closet
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • View: Coastline, Ocean, White Water
  • Fencing: Wrought Iron
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Cooktop, Disposal, Ice Maker, Refrigerator
  • Electric: 220 Volts in Kitchen
  • Heating Type: Central
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: No Landscaping
  • Lot Size Sq Ft: 3049.00
  • Price Per Lot Square Foot: 654.31

Multi Family

  • 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

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 164
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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 List to Sale Price per Sq Ft Prior Sale
06/13/2016 06/13/16 Sold $1,995,000 -4.8% $725 / Sq Ft
04/28/2016 04/28/16 Pending -- -- --
04/25/2016 04/25/16 For Sale $2,095,000 +55.2% $762 / Sq Ft
04/28/2015 04/28/15 Sold $1,350,000 -12.9% $508 / Sq Ft View Prior Sale
03/31/2015 03/31/15 Pending -- -- --
02/24/2015 02/24/15 For Sale $1,550,000 -- $584 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $26,452 $2,511,242 $2,273,108 $238,134
2024 $26,452 $2,462,002 $2,228,537 $233,465
2023 $25,832 $2,413,728 $2,184,840 $228,888
2022 $25,402 $2,366,400 $2,142,000 $224,400
2021 $24,916 $2,320,000 $2,100,000 $220,000
2020 $23,163 $2,159,451 $1,939,079 $220,372
2019 $22,685 $2,117,109 $1,901,058 $216,051
2018 $22,233 $2,075,598 $1,863,783 $211,815
2017 $21,839 $2,034,900 $1,827,238 $207,662
2016 $18,598 $1,725,925 $1,535,965 $189,960
2015 $18,481 $1,705,600 $1,483,600 $222,000
2014 $18,046 $1,672,190 $1,454,538 $217,652
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16086990

California Regional Multiple Listing Service (CRMLS)

APN: 423-295-05

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