NOT LISTED FOR SALE
2 Beds
1 Bath
2,575 Sq Ft
2,426 Sq Ft Lot

Last Sold June 14, 2013

Last sale price $1,375,000 $534 Per Sq Ft

33 Days on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Primary Bedroom
  • Balcony
  • Newport Elementary School Rated A
  • No HOA
  • 3-minute walk to Channel Place Park

About This Home

As of June 2013

The investment opportunity you have been looking for!

Spacious Newport beach duplex in excellent location , great condition and solid long term rental history.

Perfect for an owner user or use as an investment property. Enjoy the beach lifestyle with the ocean/beach one block away and access to the bay just two houses from the property.

Downstairs unit consists of two spacious bedrooms and bath with new carpet, tile kitchen and crown molding throughout. Ample front patio for relaxing and enjoying the beach lifestyle.

Upstairs unit – new attractive vinyl wood like flooring, crown molding, tile kitchen and a spacious deck to take in the Newport beach sunsets.

Studio – light and bright spacious room with large masterbedroom size bath and walk in closet

All units have excellent rental history

Last Agent to Sell the Property

Kim Bibb

Pacific Sotheby's Int'l Realty License #01210754 Listed on: 04/29/2013

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Lara Langford

Surterre Properties Inc. License #01856638

Surterre Properties Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • 2,426 Sq Ft Lot
  • 1 Common Wall
  • Partially Fenced Property
  • Wood Fence

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • 2,575 Sq Ft Home
  • Cape Cod Architecture
  • Property Attached
  • Composition Roof
  • Stucco

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Bathroom

Laundry

  • Laundry Room
  • Laundry in Carport

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Radiant Heating System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 42330610

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Water Meters
  • Gross Income $4,950

Property Details

Home Type

Multi-Family

Year Built

Built in 1964 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Alley Paved
  • Security: Smoke Detector(s)
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • Architectural Style: Cape Cod
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 42330610
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, Tile Counters
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 533.98
  • Room Type: Main Floor Master Bedroom

Exterior Features

  • Fencing: Partial, Wood
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Covered
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Cooktop, Disposal
  • Heating Type: Radiant
  • Laundry Features: Community, In Carport
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Size Sq Ft: 2426.00
  • Lot Size Acres: 0.0560

Multi Family

  • Gross Income: 4950.00
  • Gross Scheduled Income: 59400.00
  • Lot Size Area: 2426.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Rent Control: No
  • Total Actual Rent: 4950.00

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 1

Range of Values:

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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 Change Sq Ft Price
06/14/2013 06/14/13 Sold $1,375,000 -1.7% $534 / Sq Ft
06/01/2013 06/01/13 Pending -- -- --
04/29/2013 04/29/13 For Sale $1,399,000 -- $543 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP13077295

California Regional Multiple Listing Service (CRMLS)

APN: 423-306-10