NOT LISTED FOR SALE

210 Cedar St Newport Beach, CA 92663

1 Bed
2 Baths
5,529 Sq Ft
1965 Built

Last Sold July 09, 2018

Last sale price $4,100,000 $742 Per Sq Ft

110 Days on Market

Highlights

  • Community Pool
  • Laundry Room
  • 2-minute walk to West Newport Park
  • Newport Elementary School Rated A

About This Home

As of July 2018

*Pride of Newport Beach Ownership Location, *Separately Metered for Gas & Electricity, *Short Walk to the Beach, *14 Garage Spaces & 1.2:1 Parking Ratio, *Common Area Pool, *Vinyl Windows, *Swimming pool, *Strong Coastal Rental Market. *Each Unit Features a Den, *Subject Property shall be sold "as-is". *No City Inspections will be permitted as condition of sale.

Last Agent to Sell the Property

Jason Kirklen

Morgan Skenderian License #01939655 Listed on: 02/14/2018

Last Buyer's Agent

Ken Morgan

Morgan Skenderian License #01220368

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 7,841 Sq Ft Lot
  • No Common Walls
  • Density is 6-10 Units/Acre

Parking

  • 14 Car Garage

Interior Spaces

  • 5,529 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Assessor Parcel Number 04508401

Community Details

Recreation

  • Community Pool

Building Details

  • 12 Separate Electric Meters
  • 12 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,935
  • Other Expense $11,463
  • New Taxes Expense $57,702
  • Operating Expense $81,658
  • Gross Income $163,076
  • Net Operating Income $81,418

Additional Features

  • 11 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Parking

14

Listing Details

  • CapRate: 1.60
  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 04508401
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 741.54

Exterior Features

  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 14.00
  • Total Parking Spaces: 14.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 7841.00

Multi Family

  • Gross Multiplier: 29.44
  • Gross Operating Income: 163076.00
  • Gross Scheduled Income: 168120.00
  • Insurance Expense: 1935.00
  • Net Operating Income: 81418.00
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 11
  • Operating Expense: 81658.00
  • Operating Expense Percent: 48.60
  • Other Expense: 11463.00
  • Other Expense Description: Utility
  • Rent Control: No
  • Total Expenses: 81658.00
  • Vacancy Allowance: 5043

Tax Info

  • New Taxes Expense: 57702.00
  • Tax Census Tract: 636.03

Range of Values:

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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

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2018 07/09/18 Sold $4,100,000 -17.2% $742 / Sq Ft
06/04/2018 06/04/18 Pending -- -- --
02/14/2018 02/14/18 For Sale $4,950,000 -- $895 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jason Kirklen

    Morgan Skenderian

    Section Image
  • Ken Morgan

    Buyer's Agent in 2018

    Ken Morgan

    Morgan Skenderian

    (714) 290-9090

    4 Total Sales

    Ken Morgan
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18035825

California Regional Multiple Listing Service (CRMLS)
California Orange County Newport Beach 92663

210 Cedar St, Newport Beach, CA

This home is located at 210 Cedar St, Newport Beach, CA 92663 since 14 February 2018. This property was built in 1965. 210 Cedar St is a home located in Orange County with nearby schools including Newport 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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