$6,025,647 - $9,331,000
RENTED OCT 16, 2024
3 Beds
4.5 Baths
2,692 Sq Ft
$2,612 Price per Sq Ft

Last Sold August 30, 2012

Last sale price $3,100,000 $1,152 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $41,806/month

Highlights

  • White Water Ocean Views
  • Beach Access
  • Primary Bedroom Suite
  • Harbor View Elementary School Rated A
  • Rooftop Deck
  • 3-minute walk to Lookout Point

About This Home

As of October 2024

Beach living at its best, located across the street from the shores of Corona Del Mar. This newly 2022 remodeled home includes the finest upgrades throughout approx. 3,150 sq ft. of living space, including 4 bedrooms, 5 bathrooms, and a rooftop terrace with sweeping views that span across swaying palms and vast yacht-dotted blue waters. Expansive windows outline the ocean and harbor views while pulling in natural sunlight throughout this incredible custom home. Welcomed by a dramatic staircase featuring Italian blown glass light fixtures and windows with a view of the ocean. The main floor includes a formal dining room with a custom built-in buffet cabinet, perfect for entertaining. Step down into the front family room, including a sleek modern fireplace and windows expanding across the room with unobstructed views of the harbor and Newport Beach Wedge, where you will enjoy watching the waves crashing and sunset views. The gourmet kitchen offers stainless steel appliances, quartz countertops and backsplash, a center island for extra counter space, and storage cabinets. This spacious kitchen also features a sit-down area for informal kitchen dining next to a large window with an incredible view of the water. The bottom basement floor offers a 4th bedroom with a private bathroom. On this bottom floor, there is also plenty of extra storage space and a wine cellar. The top floor includes a total of 3 bedrooms, each with its own private completely remodeled bathroom. The owner’s suite is incredible, its spacious, its bright with natural sunlight and it features a endless ocean view. The master suite also includes a sleek fireplace, all new lighting, new hardwood floors and a private balcony facing the ocean to enjoy. The master bathroom has been completely remodeled with a free-standing tub, marble inlaid shower, double sink vanity, and a walk-in closet. The rooftop terrace is the perfect place to entertain friends and family with the most spectacular views you can imagine from Catalina, Newport Harbor, and the California coastline. This home is in a prime location across the street from the beach and close to dining and shopping at CDM Village & Fashion Island.

Last Agent to Rent the Property

Suzanne Malerbe

RE/MAX Select One Brokerage Phone: 714-925-1436 License #01467209 Listed on: 08/31/2024

RE/MAX Select One

Last Renter's Agent

Liana Acosta

IS Luxury of California License #01504232

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,773

Year Built

  • Built in 2001

Lot Details

  • 2,360 Sq Ft Lot
  • Block Wall Fence
  • Landscaped
  • Sprinklers on Timer
  • Density is up to 1 Unit/Acre

Home Design

  • Modern Architecture
  • Mediterranean Architecture
  • Tile Roof

Interior Spaces

  • 2,692 Sq Ft Home
  • 3-Story Property
  • Dual Staircase
  • Built-In Features
  • Cathedral Ceiling
  • Double Pane Windows
  • Bay Window
  • Entryway
  • Family Room with Fireplace
  • Sunken Living Room
  • White Water Ocean Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Quartz Bathroom Countertops
  • Corian Bathroom Countertops
  • Bidet
  • Dual Sinks
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • Parking Available

Outdoor Features

  • Beach Access
  • Balcony
  • Rooftop Deck
  • Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $17,500
  • Available 9/1/24
  • Legal Lot and Block 1 / 133
  • Tax Tract Number 648
  • Assessor Parcel Number 05207120

Community Details

Overview

  • No Home Owners Association
  • Corona Del Mar South Of Pch Subdivision

Recreation

  • Water Sports
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,773

Year Built

Built in 2001

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2024-09-01
  • Credit Check Paid By: Tenant
  • Deposit Other: 17500
  • Deposit Security: 17500
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Surface Type: Alley Paved
  • Subdivision Name Other: Corona del Mar South of PCH (CDMS)
  • View: Yes
  • Architectural Style: Mediterranean, Modern
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 05207120
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2692.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Built-in Features, Cathedral Ceiling(s), Sunken Living Room
  • Stories: 3
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Family Room, Primary Bedroom
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 5.94
  • Room Type: Entry, Family Room, Kitchen, Laundry, Primary Suite, Walk-In Closet
  • Window Features: Bay Window(s), Double Pane Windows
  • Bathroom Features: Bathtub, Bidet, Shower, Corian Counters, Double Sinks In Bath(s), Double Sinks In Primary Bath, Quartz Counters, Remodeled, Soaking Tub, Walk-In Shower

Exterior Features

  • Patio: Yes
  • View: Ocean, Water, White Water
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Roof Top
  • Pool Private: No
  • Roof: Tile
  • Spa: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet, Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: ABC Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre, Landscaped, Sprinklers Timer
  • Lot Size Sq Ft: 2360.00
  • Lot Size Acres: 0.0542

Multi Family

  • Insurance Water Furniture: No
  • Lot Size Area: 2360.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access

Tax Info

  • Tax Block: 133
  • Tax Census Tract: 627.01
  • Tax Lot: 1
  • Tax Tract Number: 648

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2012
Closed on
Aug 16, 2012
Sold by
The Kyko Investments Llc
Bought by
Altuwaijri Mohammed and Albusaily Huda
Seller's Agent
Suzanne Malerbe
RE/MAX Select One
Buyer's Agent
Suzanne Malerbe
RE/MAX Select One
List Price
$3,100,000
Sold Price
$3,100,000
Current Estimated Value
$7,030,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,930,162
Avg. Annual Appreciation
6.53%

Purchase Details

Listed on
Aug 23, 2012
Closed on
Aug 15, 2012
Sold by
Wong Jenkings Mary
Bought by
Kyko Investments Llc
Seller's Agent
Suzanne Malerbe
RE/MAX Select One
Buyer's Agent
Suzanne Malerbe
RE/MAX Select One
List Price
$3,100,000
Sold Price
$3,100,000

Purchase Details

Closed on
Jun 30, 2011
Sold by
Wong Jenkings Mary
Bought by
Kyko Investments Llc

Purchase Details

Closed on
Nov 8, 2010
Sold by
Brown Charles J and Brown Jonnie S
Bought by
Jenkings Mary Wong

Purchase Details

Closed on
May 17, 2005
Sold by
Park Center Exchange Inc
Bought by
Brown Charles J and Brown Jonnie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 3, 2005
Sold by
Kavianian Alireza and Kavianian Mariam
Bought by
Park Center Exchange Inc

Purchase Details

Closed on
Feb 11, 2004
Sold by
Kavianian Ali and Kavianian Mariam
Bought by
Kavianian Alireza and Kavianian Mariam

Purchase Details

Closed on
Dec 15, 1993
Sold by
Mcnulty Robert A and Mcnulty Mary D
Bought by
Kavianian Ali and Kavianian Mariam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4%
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Altuwaijri Mohammed $3,100,000 Pacific Coast Title Company
Kyko Investments Llc -- Pacific Coast Title Company
Kyko Investments Llc -- Accommodation
Jenkings Mary Wong $2,920,000 Lawyers Title
Brown Charles J -- Equity Title Company
Park Center Exchange Inc $3,285,000 Equity Title Company
Kavianian Alireza -- --
Kavianian Ali -- Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Altuwaijri Mohammed $2,462,000
Closed Altuwaijri Mohammad $2,420,000
Previous Owner Brown Charles J $2,000,000
Previous Owner Brown Charles J $1,000,000
Previous Owner Kavianian Ali $600,000
Previous Owner Kavianian Ali $627,000
Previous Owner Kavianian Ali $644,200
Previous Owner Kavianian Ali $300,000
Closed Brown Charles J $642,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2024 10/16/24 Rented $15,995 0.0% --
09/30/2024 09/30/24 Price Changed $15,995 -3.1% $6 / Sq Ft
09/09/2024 09/09/24 Price Changed $16,500 -5.7% $6 / Sq Ft
08/31/2024 08/31/24 For Rent $17,500 +6.1% --
08/10/2024 08/10/24 Rented $16,500 0.0% --
07/31/2024 07/31/24 For Rent $16,500 +3.2% --
08/29/2023 08/29/23 Rented $15,995 0.0% --
05/08/2023 05/08/23 Price Changed $15,995 -5.9% $5 / Sq Ft
02/27/2023 02/27/23 Price Changed $16,995 -10.5% $5 / Sq Ft
12/28/2022 12/28/22 Price Changed $18,995 0.0% $6 / Sq Ft
11/21/2022 11/21/22 Price Changed $19,000 -24.0% $6 / Sq Ft
10/19/2022 10/19/22 For Rent $25,000 +150.0% --
10/20/2020 10/20/20 Rented $10,000 +0.1% --
10/08/2020 10/08/20 Price Changed $9,995 -16.7% $4 / Sq Ft
09/28/2020 09/28/20 For Rent $12,000 +20.0% --
05/12/2020 05/12/20 Rented $10,000 +5.3% --
04/21/2020 04/21/20 Price Changed $9,500 -5.0% $4 / Sq Ft
03/11/2020 03/11/20 Price Changed $9,999 -16.7% $4 / Sq Ft
03/06/2020 03/06/20 Price Changed $12,000 -20.0% $4 / Sq Ft
02/27/2020 02/27/20 For Rent $15,000 +50.8% --
08/01/2019 08/01/19 Rented $9,950 0.0% --
07/08/2019 07/08/19 Price Changed $9,950 -28.9% $4 / Sq Ft
06/08/2019 06/08/19 For Rent $14,000 +55.6% --
02/15/2017 02/15/17 Rented $8,995 0.0% --
02/06/2017 02/06/17 For Rent $8,995 -5.3% --
01/09/2017 01/09/17 Rented $9,500 0.0% --
12/05/2016 12/05/16 Price Changed $9,500 -17.4% $3 / Sq Ft
10/13/2016 10/13/16 Price Changed $11,500 -14.8% $4 / Sq Ft
08/29/2016 08/29/16 For Rent $13,500 0.0% --
07/13/2015 07/13/15 Rented $13,500 -3.6% --
06/13/2015 06/13/15 Under Contract -- -- --
10/29/2013 10/29/13 For Rent $14,000 0.0% --
08/30/2012 08/30/12 Sold $3,100,000 0.0% $984 / Sq Ft
08/23/2012 08/23/12 For Sale $3,100,000 -- $984 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $39,773 $3,817,425 $3,159,124 $658,301
2024 $39,773 $3,742,574 $3,097,180 $645,394
2023 $38,844 $3,669,191 $3,036,451 $632,740
2022 $38,203 $3,597,247 $2,976,913 $620,334
2021 $37,470 $3,526,713 $2,918,542 $608,171
2020 $37,110 $3,490,551 $2,888,616 $601,935
2019 $36,338 $3,422,109 $2,831,976 $590,133
2018 $35,612 $3,355,009 $2,776,447 $578,562
2017 $34,981 $3,289,225 $2,722,007 $567,218
2016 $34,193 $3,224,731 $2,668,634 $556,097
2015 $33,873 $3,176,293 $2,628,549 $547,744
2014 $33,074 $3,114,074 $2,577,059 $537,015
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24181076

California Regional Multiple Listing Service (CRMLS)

APN: 052-071-20