2804 W Oceanfront Newport Beach, CA 92663
West Newport Beach NeighborhoodEstimated Value: $6,123,000 - $9,009,000
4
Beds
4
Baths
2,404
Sq Ft
$3,342/Sq Ft
Est. Value
Highlights
- Beach Front
- White Water Ocean Views
- Fishing
- Newport Elementary School Rated A
- Property has ocean access
- Ocean Side of Freeway
About This Home
As of October 2022Vacation Home In The Best Location in Newport Beach!
Located in the most desirable area in the Newport Paninsula this 4 Bedroom 4 bathroom open concept beach house has amazing views of Long Beach, Palos Verdes, Catalina Island and never ending OCEAN VIEWS!
This property has an active vacation rental permit which allowes you to rent to vaction renters, daily, weekly, monthly, long or short term.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $85,008
Year Built
- Built in 1969
Lot Details
- 2,250 Sq Ft Lot
- Beach Front
- West Facing Home
Parking
- 2 Car Direct Access Garage
- 1 Open Parking Space
- Parking Available
- Rear-Facing Garage
- Garage Door Opener
- Parking Lot
Property Views
- White Water Ocean
- Coastline
- Catalina
- Panoramic
- City Lights
Home Design
- Patio Home
- Turnkey
Interior Spaces
- 2,404 Sq Ft Home
- 2-Story Property
- Recessed Lighting
- Gas Fireplace
- Sliding Doors
- Family Room with Fireplace
- Granite Countertops
- Laundry Room
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 4 Bedrooms
- All Upper Level Bedrooms
Home Security
- Home Security System
- Carbon Monoxide Detectors
Accessible Home Design
- No Interior Steps
Outdoor Features
- Property has ocean access
- Ocean Side of Freeway
- Exterior Lighting
Listing and Financial Details
- Legal Lot and Block 3 / 28
- Tax Tract Number 512
- Assessor Parcel Number 04709116
- $1,246 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- Lido Peninsula Subdivision
Recreation
- Fishing
- Water Sports
- Bike Trail
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 8, 2022
Closed on
Oct 3, 2022
Sold by
Eva Elizabeth Moreno Trust
Bought by
2804 Oceanfront Llc
Seller's Agent
Ingrid Yankauskas
Compass
Buyer's Agent
Steve Springer
Compass
List Price
$7,900,000
Sold Price
$7,800,000
Premium/Discount to List
-$100,000
-1.27%
Total Days on Market
42
Views
13
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,051
Avg. Annual Appreciation
1.12%
Original Mortgage
$4,000,000
Outstanding Balance
$3,841,603
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$4,191,448
Purchase Details
Closed on
Oct 17, 2017
Sold by
Gugasian Levon and Gugasian Zarouhi M
Bought by
Moreno Eva Elizabeth and Eva Elizabeth Moreno Trust
Purchase Details
Closed on
Mar 9, 2011
Sold by
Dezorzi Patrick M and De Zorzi Shirley M
Bought by
Gugasian Levon and Gugasian Zarouhi M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.62%
Mortgage Type
New Conventional
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 2804 Oceanfront Llc | $7,800,000 | First American Title | |
| Moreno Eva Elizabeth | $5,200,000 | First American Title Co | |
| Gugasian Levon | $2,900,000 | First American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 2804 Oceanfront Llc | $4,000,000 | |
| Previous Owner | Gugasian Levon | $1,950,000 | |
| Previous Owner | Gugasian Levon | $1,959,000 | |
| Previous Owner | Gugasian Levon | $2,000,000 | |
| Previous Owner | Dezorzi Patrick M | $995,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/07/2022 10/07/22 | Sold | $7,800,000 | 0.0% | $3,245 / Sq Ft |
| 10/07/2022 10/07/22 | Sold | $7,800,000 | -1.3% | $3,246 / Sq Ft |
| 09/26/2022 09/26/22 | Pending | -- | -- | -- |
| 09/19/2022 09/19/22 | For Sale | $7,900,000 | 0.0% | $3,286 / Sq Ft |
| 09/19/2022 09/19/22 | For Sale | $7,900,000 | +1.3% | $3,288 / Sq Ft |
| 09/18/2022 09/18/22 | Off Market | $7,800,000 | -- | -- |
| 09/18/2022 09/18/22 | Off Market | $7,800,000 | -- | -- |
| 09/01/2022 09/01/22 | Price Changed | $7,900,000 | 0.0% | $3,288 / Sq Ft |
| 09/01/2022 09/01/22 | Price Changed | $7,900,000 | -3.7% | $3,286 / Sq Ft |
| 08/22/2022 08/22/22 | Price Changed | $8,200,000 | 0.0% | $3,411 / Sq Ft |
| 08/22/2022 08/22/22 | Price Changed | $8,200,000 | -3.2% | $3,412 / Sq Ft |
| 08/08/2022 08/08/22 | For Sale | $8,475,000 | 0.0% | $3,525 / Sq Ft |
| 08/01/2022 08/01/22 | Price Changed | $8,474,999 | 0.0% | $3,527 / Sq Ft |
| 06/28/2022 06/28/22 | Price Changed | $8,475,000 | 0.0% | $3,527 / Sq Ft |
| 06/28/2022 06/28/22 | For Sale | $8,475,000 | +8.7% | $3,527 / Sq Ft |
| 06/20/2022 06/20/22 | Off Market | $7,800,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $85,008 | $7,956,000 | $7,724,454 | $231,546 |
| 2023 | $83,049 | $7,800,000 | $7,572,994 | $227,006 |
| 2022 | $59,894 | $5,575,450 | $5,375,860 | $199,590 |
| 2021 | $58,756 | $5,466,128 | $5,270,451 | $195,677 |
| 2020 | $58,198 | $5,410,080 | $5,216,409 | $193,671 |
| 2019 | $56,122 | $5,304,000 | $5,114,126 | $189,874 |
| 2018 | $55,000 | $5,200,000 | $5,013,849 | $186,151 |
| 2017 | $34,056 | $3,201,328 | $2,993,007 | $208,321 |
| 2016 | $33,288 | $3,138,557 | $2,934,320 | $204,237 |
| 2015 | $32,977 | $3,091,413 | $2,890,243 | $201,170 |
| 2014 | $32,199 | $3,030,857 | $2,833,627 | $197,230 |
Source: Public Records
Agents Affiliated with this Home
-
Ingrid Yankauskas
Seller's Agent in 2022
Ingrid Yankauskas
Compass
(949) 468-6598
6 in this area
31 Total Sales
-
Steve Springer
Buyer's Agent in 2022
Steve Springer
Compass
(619) 520-8476
2 in this area
41 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP22174376
APN: 047-091-16
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