NOT LISTED FOR SALE
3 Beds
2 Baths
1,482 Sq Ft
2,474 Sq Ft Lot

Last Sold February 11, 2015

Last sale price $1,120,000 $756 Per Sq Ft

150 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Carpet
  • Newport Elementary School Rated A
  • Laundry Room
  • 4-minute walk to 38th Street Park

About This Home

As of February 2015

Prime Location, best VALUE for a duplex on the Peninsula!!!! Newport Beach Cottage Duplex, ideally located only a block and a half to the ocean. Quiet street, convenient walking distance to the Landing Shopping Center, local restaurants, or ride your bike to the Boardwalk in minutes! The dutch door to the lower property opens out to the exterior raised outdoor deck allowing you to enjoy the sunset and ocean breezes. Each unit has been completely renovated and modernized in the last year. Lower unit improvements include: New Pella windows, new kitchen featuring stainless appliances, new cabinetry, tile flooring, recessed lighting, ceiling fans throughout the house, new wall heater, bathroom was completely remodeled and modernized. In the last year the upper property has been upgraded and remodeled as well. Interior has new Pella windows, new flooring, new paint, stainless appliances as well as a new hot water heater. Ultra clean and well kept. There is a small patio leading out to the two car garage (new tank-less water heater for the lower unit) with laundry provided in the garage. Well maintained property located in a prime location.

Last Agent to Sell the Property

Tracy Seeber

Balboa Realty License #00954837 Listed on: 08/13/2014

Last Buyer's Agent

Nicole Macdonald

Coldwell Banker Realty License #01317833

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 2,474 Sq Ft Lot
  • Lot Dimensions are 25 x 95
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Cape Cod Architecture
  • Property Attached
  • Composition Roof

Interior Spaces

  • 1,482 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 418
  • Assessor Parcel Number 42335304

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gross Income $4,100
  • Net Operating Income $45,264

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: all seller owned appliances
  • Property Attached: Yes
  • Subdivision Name Other: West Newport Beach (WSNB)
  • Zoning: r2
  • Architectural Style: Cape Cod
  • Property Type: Residential Income
  • Parcel Number: 42335304
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Price Per Square Foot: 755.74

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size: 25 x 95
  • Lot Size Sq Ft: 2474.00
  • Lot Size Acres: 0.0570

Multi Family

  • Gross Income: 4100.00
  • Gross Scheduled Income: 49200.00
  • Lot Size Area: 2474.0000 Square Feet
  • Net Operating Income: 45264.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 8.00
  • Rent Control: No

Tax Info

  • Tax Lot: 8
  • Tax Tract Number: 418

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
02/11/2015 02/11/15 Sold $1,120,000 -10.4% $756 / Sq Ft
01/10/2015 01/10/15 Pending -- -- --
08/13/2014 08/13/14 For Sale $1,250,000 +60.3% $843 / Sq Ft
12/14/2012 12/14/12 Sold $780,000 -15.7% $526 / Sq Ft
10/14/2012 10/14/12 Pending -- -- --
07/05/2012 07/05/12 For Sale $925,000 -- $624 / 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: NP14173563

California Regional Multiple Listing Service (CRMLS)

APN: 423-353-04