NOT LISTED FOR SALE

Estimated Value: $1,971,434 - $2,318,000

3 Beds
3 Baths
1,333 Sq Ft
$1,623/Sq Ft Est. Value

Highlights

  • Built in 1954 | Newly Remodeled
  • Across the Road from Lake or Ocean
  • Updated Kitchen
  • Newport Elementary School Rated A
  • Ocean Side of Highway 1
  • 3-minute walk to 38th Street Park

About This Home

As of November 2021

Located walking distance to the beach on the Balboa Peninsula, this breathtaking, tri-level 3 bedroom home is an absolute must see!
Upon entering you are greeted with an abundance of light and open concept kitchen/living area. The living area features a gas fireplace, hardwood flooring through out, built-in surround sound and large accordion glass doors that open up to a spacious patio. The kitchen is equipped with state of the art stainless-steel appliances, quartz countertops, subway tile and white shaker cabinets. Down the hall on the first floor, you will find the main bedroom with en suite bath equipped with dual sinks. Upstairs features two additional bedrooms with a Jack and Jill bath and laundry hook-ups. The third level has a full bathroom and large rooftop deck, perfect for entertaining. Other features include plenty of storage throughout, a one-car garage with epoxy flooring and tandem carport. This home is conveniently located walking distance to restaurants, shopping and quick access to Newport Blvd.

Last Agent to Rent the Property

Tim Carr

Tim Carr Group License #01017277 Listed on: 11/06/2021

Last Renter's Agent

Tim Carr

Tim Carr Group License #01017277 Listed on: 11/06/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954 | Newly Remodeled

Lot Details

  • 2,374 Sq Ft Lot
  • No Units Located Below
  • 1 Common Wall
  • Corner Lot

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Side Facing Garage

Home Design

  • Duplex

Interior Spaces

  • 1,333 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Gas Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Self-Cleaning Oven
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Remodeled Bathroom
  • Jack-and-Jill Bathroom
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Ocean Side of Highway 1
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Rooftop Access

Location

  • Across the Road from Lake or Ocean
  • Property is near public transit

Utilities

  • Heating Available

Community Details

  • No Home Owners Association
  • 2 Units
  • Balboa Peninsula Subdivision

Listing and Financial Details

  • Security Deposit $13,000
  • Rent includes gardener, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 9/4/18
  • Tax Lot 24
  • Tax Tract Number 418
  • Assessor Parcel Number 42338410

Property Details

Home Type

Multi-Family

Year Built

Built in 1954 | Newly Remodeled

Lot Details

2,374 Sq Ft Lot

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2018-09-04
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 13000
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • New Construction: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Lease
  • Parcel Number: 42338410
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1333.00 Square Feet
  • Interior Amenities: Open Floorplan, Recessed Lighting
  • Stories: 2
  • Common Walls: 1 Common Wall, No One Below
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 4.88
  • Room Type: Jack & Jill, Kitchen, Main Floor Bedroom
  • Bathroom Features: Shower, Double Sinks In Master Bath, Remodeled, Upgraded
  • Room Kitchen Features: Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Covered, Deck, Patio Open, Roof Top
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage Faces Side
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Self Cleaning Oven
  • Heating Type: Electric
  • Laundry Features: Electric Dryer Hookup, Inside, Upper Level, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Lot Features: Corner Lot, Near Public Transit
  • Lot Size Sq Ft: 2374.00
  • Lot Size Acres: 0.0545

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 2374.0000 Square Feet
  • Management Co: Tim Carr Group Rentals
  • Management Co Phone: 9496317777
  • Number Of Units Total: 2
  • Rent Includes: Gardener, Trash Collection, Water
  • Waterfront Features: Across the Road from Lake/Ocean, Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 063500
  • Tax Lot: 24
  • Tax Tract Number: 418

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2023
Sold by
Grigolla Steven J and Grigolla Stella
Bought by
Grigolla Family Trust and Grigolla
Current Estimated Value
$2,163,609

Purchase Details

Closed on
Mar 21, 2016
Sold by
Sheppard Justin and Sheppard Shelley
Bought by
Grigolla Steven J and Grigolia Stella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$763,750
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2007
Sold by
Herron Jack L
Bought by
223 33Rd Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,900
Interest Rate
6.36%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 12, 2007
Sold by
223 33Rd Street Llc
Bought by
Sheppard Justin and Sheppard Shelley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,900
Interest Rate
6.36%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 11, 2007
Sold by
Herron Debbie L
Bought by
Herron Jack L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
8.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Grigolla Family Trust -- None Listed On Document
Grigolla Steven J $1,175,000 Western Resources Title Co
223 33Rd Street Llc -- California Title Company
Sheppard Justin $900,000 California Title Company
Herron Jack L -- New Century Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grigolla Steven J $763,750
Previous Owner 223 33Rd Street Llc $89,900
Previous Owner Sheppard Justin $720,000
Previous Owner Herron Jack L $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2021 11/19/21 Rented $6,500 0.0% --
11/06/2021 11/06/21 For Rent $6,500 -- --
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 $14,737 $1,390,958 $1,189,517 $201,441
2024 $14,737 $1,363,685 $1,166,193 $197,492
2023 $14,391 $1,336,947 $1,143,327 $193,620
2022 $14,150 $1,310,733 $1,120,909 $189,824
2021 $13,880 $1,285,033 $1,098,931 $186,102
2020 $13,747 $1,271,857 $1,087,663 $184,194
2019 $13,465 $1,246,919 $1,066,336 $180,583
2018 $13,198 $1,222,470 $1,045,427 $177,043
2017 $12,965 $1,198,500 $1,024,928 $173,572
2016 $10,824 $998,621 $788,806 $209,815
2015 $10,722 $983,621 $776,957 $206,664
2014 $10,470 $964,354 $761,738 $202,616
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP21243844

California Regional Multiple Listing Service (CRMLS)

APN: 933-941-14

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