NOT LISTED FOR SALE

305 Fernleaf Ave Newport Beach, CA 92625

Corona Del Mar Neighborhood
9 Beds
6 Baths
4,258 Sq Ft
7,500 Sq Ft Lot

Last Sold September 13, 2021

Last sale price $4,200,000 $986 Per Sq Ft

9 Days on Market

Highlights

  • Ocean Side of Highway 1
  • Traditional Architecture
  • Attic
  • Harbor View Elementary School Rated A
  • Cathedral Ceiling
  • 4-minute walk to Begonia Park

About This Home

As of September 2021

Rare 5 unit apartment building located on 2 lots in the China Cove area, in the beautiful seaside village of Corona del Mar. Property is a Trust/Estate Sale and is being sold "As Is". There are two buildings. The front building is a duplex and the rear building is a triplex. Both buildings straddle both lots. 1st time on the market since 1969.

Last Agent to Sell the Property

Jerry Barbanell

RE/MAX Select One License #00711863 Listed on: 08/02/2021

RE/MAX Select One

Last Buyer's Agent

Tara McNabb

Compass License #01871729

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 60x125
  • Property fronts an alley
  • Two or More Common Walls
  • Wood Fence
  • Rectangular Lot
  • Level Lot
  • Private Yard
  • Garden
  • Back and Front Yard
  • Value in Land

Parking

  • 5 Car Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Rear-Facing Garage
  • Two Garage Doors
  • Parking Lot
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Cottage
  • Property Attached
  • Fixer Upper
  • Flat Roof Shape
  • Slab Foundation
  • Shake Roof

Interior Spaces

  • 4,258 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Den
  • Carpet
  • Pull Down Stairs to Attic
  • Ceramic Countertops
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Ocean Side of Highway 1
  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Sewer Paid
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 3&5
  • Tax Tract Number 232
  • Assessor Parcel Number 05202108

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 5 Units
  • Corona Del Mar South Of Pch Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Bike Trail

Building Details

  • 1 Leased Unit
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Parking

5

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System
  • Subdivision Name Other: Corona del Mar South of PCH (CDMS)
  • Zoning: RM(2178)
  • Architectural Style: Cottage, Traditional
  • Property Condition: Fixer
  • Property Type: Residential Income
  • Parcel Number: 05202108
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s), Ceiling Fan(s), Ceramic Counters, High Ceilings, Pull Down Stairs to Attic, Tile Counters
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 986.38
  • Room Type: Attic, Den, Kitchen, Laundry, Living Room

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Flat, Shake
  • Spa: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned, Concrete, Garage, Garage Faces Rear, Garage - Single Door, Garage - Two Door, Off Street, Parking Space, Private
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Central, Wall Furnace, Forced Air, Natural Gas
  • Laundry Features: Common Area, Individual Room
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Lot 6500-9999, Rectangular Lot, Level, Value In Land, Walkstreet, Yard
  • Lot Size: 60x125
  • Lot Size Sq Ft: 7500.00
  • Lot Size Acres: 0.1722

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Lot Size Area: 7500.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 5
  • Rent Control: No
  • Total Actual Rent: 4200.00
  • Waterfront Features: Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Area: 07-001
  • Tax Lot: 3&5
  • Tax Rate: 1.05
  • Tax Tract Number: 232

Range of Values:

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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
09/13/2021 09/13/21 Sold $4,200,000 -8.7% $986 / Sq Ft
08/15/2021 08/15/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $4,600,000 -- $1,080 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jerry Barbanell

    RE/MAX

    Section Image
  • Tara McNabb

    Buyer's Agent in 2021

    Tara McNabb

    Compass

    (949) 500-3910

    16 in this area

    104 Total Sales

    Tara McNabb
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21029982

California Regional Multiple Listing Service (CRMLS)
California Orange County Newport Beach 92625 Corona Del Mar

305 Fernleaf Ave, Newport Beach, CA

This home is located at 305 Fernleaf Ave, Newport Beach, CA 92625 since 02 August 2021. This property was built in 1956. 305 Fernleaf Ave is a home located in Orange County with nearby schools including Harbor View Elementary School, Corona del Mar Middle and High School, and Harbor Day School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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