NOT LISTED FOR SALE
5 Beds
4 Baths
2,400 Sq Ft
2,130 Sq Ft Lot

Last Sold January 10, 2024

Last sale price $3,200,000 $1,333 Per Sq Ft

17 Days on Market

Highlights

  • Corner Lot
  • Laundry Room
  • Bike Trail
  • Newport Elementary School Rated A
  • Central Heating and Cooling System
  • 3-minute walk to 38th Street Park

About This Home

As of January 2024

Exceptionally rare on the peninsula, this luxuriously upgraded and remodeled duplex on Newport Beach’s exclusive Peninsula offers a AAA location and a grand total of 5 bedrooms and 4 baths. Property was completely remodeled in 2021 and both units have Short Term Rental Permits! Ocean and bay access is just across the street from the prime interior-corner property, where a new entry door introduces a lower residence with 2 bedrooms, 2 baths, new engineered woodgrain plank flooring, fresh paint, new designer hardware, a new interior laundry space, and energy efficient AC cooling. Upstairs, 3 bedrooms and 2 baths await in a chic setting with an open floor plan, vaulted ceilings, large patio, and a newer appliances in the kitchen. Both units are open and bright, with multi-zoned cooling, scenic views and fresh sea breezes complementing living areas that showcase a contemporary design, remodeled baths, designer kitchens with with onyx countertops, newer cabinetry, upgraded window treatments, and master suites with large closet. Enjoy outdoor relaxation and entertaining on a spacious front patio and a spacious upper terrace, all complemented by contemporary architecture. Newport Island Park is just down the block, walking distance to Pavilions market, world famous Newport Pier and miles of beaches, Balboa Island, lido Marina, restaurants, shops and recreation are minutes away. Amazing walk score of 90..

Last Agent to Sell the Property

Christopher Parr

Real Brokerage Technologies, Inc License #01272772 Listed on: 11/04/2023

Real Brokerage Technologies, Inc

Last Buyer's Agent

Jeffrey Linder

Compass License #01913990

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 2,130 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Parking

  • 1 Open Parking Space
  • 2 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 22 / 133
  • Tax Tract Number 418
  • Assessor Parcel Number 42335213
  • $534 per year additional tax assessments

Community Details

Overview

  • 2 Units
  • West Newport Beach Subdivision

Recreation

  • Water Sports
  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $160,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

2,130 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: West Newport Beach (WSNB)
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 42335213
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 1333.33

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Watersports

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 2130.00
  • Lot Size Acres: 0.0489

Multi Family

  • Gross Income: 160000.00
  • Gross Scheduled Income: 160000.00
  • Lot Size Area: 2130.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Block: 133
  • Tax Census Tract: 635.00
  • Tax Lot: 22
  • Tax Tract Number: 418
  • TaxOtherAnnualAssessmentAmount: 534.00
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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
01/10/2024 01/10/24 Sold $3,200,000 -8.4% $1,333 / Sq Ft
11/21/2023 11/21/23 Pending -- -- --
11/04/2023 11/04/23 For Sale $3,495,000 -- $1,456 / 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 $21,479 $3,264,000 $3,151,001 $112,999
2024 $21,479 $1,987,138 $1,876,354 $110,784
2023 $20,973 $1,948,175 $1,839,563 $108,612
2022 $20,623 $1,909,976 $1,803,493 $106,483
2021 $20,193 $1,869,166 $1,768,130 $101,036
2020 $18,191 $1,678,339 $1,566,405 $111,934
2019 $17,820 $1,645,431 $1,535,691 $109,740
2018 $17,466 $1,613,168 $1,505,579 $107,589
2017 $17,157 $1,581,538 $1,476,058 $105,480
2016 $16,774 $1,550,528 $1,447,116 $103,412
2015 $16,614 $1,527,238 $1,425,379 $101,859
2014 $16,221 $1,497,322 $1,397,458 $99,864
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP23205559

California Regional Multiple Listing Service (CRMLS)

APN: 423-352-13

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