NOT LISTED FOR SALE
4 Beds
4.5 Baths
2,189 Sq Ft
2,178 Sq Ft Lot

Sale Details

Date Sold: March 7, 2024

Last sale price $2,850,000 $1,302 Per Sq Ft

Highlights

  • Ocean Side of Highway 1
  • Updated Kitchen
  • Main Floor Bedroom
  • Newport Elementary School Rated A
  • Wood Flooring
  • Quartz Countertops

About This Home

As of March 2024

STEPS to BOTH the Newport Bay and the sandy beach, and just a few short blocks to the Balboa Fun Zone, dining, shopping and the Balboa Island Ferry, this truly unique residence is nestled within the "Super Seven" of the Balboa Peninsula—streets predominantly occupied by long-term owners.
This versatile floor plan offers the flexibility to function as EITHER a duplex OR a single-family residence. Currently, it features a two-bedroom, two and a half-bath main unit AND a separate two-bedroom, two-bath upper unit, each with its own amenities! This one-of-a-kind property seamlessly blends personal luxury with investment potential, boasting open concept living spaces and an upstairs guest/rental unit that can be integrated with the main home if desired. Thoroughly updated, the recent remodel of the “main house” introduced hardwood flooring in the large great room that opens to both the front sunny patio and the gourmet kitchen with quartz counters, and premium LG & Samsung appliances. There is an oversized main level bedroom with adjacent full bath, along with a powder bath for guests. The second level master or primary suite stands out with its vaulted ceiling, cedar walk-in closet, and luxury fittings. The second unit has an optional exterior staircase entry to its family room with vaulted ceilings and a sunny balcony, open kitchen, private laundry, and 2 additional en suite bedrooms with private bathrooms.
For added comfort, central heating and AC are available downstairs, while the upstairs rooms benefit from four mini-split units. An owned solar panel system with a backup battery ensures eco-friendly power. Additional features include a tankless water heater, full pex repipe, water filtration, and smart-home crestron automation, all complemented by an oversized two-car garage. Such versatile homes on the Balboa Peninsula are rare, making this a prime opportunity in a coveted location to enjoy beach-life all year around or easily rent out a portion of the home short or long term.

Last Agent to Sell the Property

Jason C Bradshaw

Coldwell Banker Realty License #01304396 Listed on: 03/07/2024

Coldwell Banker Realty

Co-Listed By

Tim Smith

Coldwell Banker Realty License #01346878

Coldwell Banker Realty

Last Buyer's Agent

Tim Smith

Coldwell Banker Realty License #01346878

Coldwell Banker Realty
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 2,178 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 2,189 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Beamed Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Neighborhood Views
  • Laundry in unit

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet
  • Mirrored Closets Doors
  • Tile Bathroom Countertop
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Multiple Shower Heads
  • Walk-in Shower

Eco-Friendly Details

  • Solar owned by seller
  • Solar Heating System

Outdoor Features

  • Ocean Side of Highway 1
  • Balcony
  • Patio
  • Exterior Lighting
  • Front Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 55 / A
  • Tax Tract Number 220
  • Assessor Parcel Number 04805121
  • $513 per year additional tax assessments

Community Details

Overview

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

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

2,178 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Ad Number: 949-433-3001
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 04805121
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2189.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Ceiling Fan(s), Crown Molding, Quartz Counters, Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Mirror Closet Door(s), Sliding Doors
  • Eating Area: Dining Room, In Kitchen
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1301.96
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Walk-In Closet
  • Window Features: Blinds
  • Bathroom Features: Shower, Shower In Tub, Double Sinks In Primary Bath, Dual Shower Heads (or Multiple), Tile Counters, Walk-In Shower
  • Room Kitchen Features: Kitchen Open To Family Room, Quartz Counters, Remodeled Kitchen, Stone Counters

Exterior Features

  • Patio: Yes
  • Exterior Features: Lighting
  • View: Neighborhood
  • Patio And Porch Features: Front Porch
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Freezer, Gas Oven, Gas Cooktop, Microwave, Refrigerator
  • Electric: Photovoltaics Seller Owned
  • Heating Type: Central, Solar
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2178.00
  • Lot Size Acres: 0.0500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2178.0000 Square Feet
  • Number Of Units Total: 2
  • Waterfront Features: Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Block: A
  • Tax Census Tract: 628.00
  • Tax Lot: 55
  • Tax Tract Number: 220
  • TaxOtherAnnualAssessmentAmount: 513.00

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/07/2024 03/07/24 Sold $2,850,000 0.0% $1,302 / Sq Ft
03/07/2024 03/07/24 Sold $2,850,000 0.0% $1,309 / Sq Ft View Prior Sale
03/07/2024 03/07/24 Pending -- -- --
03/07/2024 03/07/24 For Sale $2,850,000 -5.0% $1,302 / Sq Ft
09/08/2023 09/08/23 For Sale $2,999,995 -- $1,377 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $22,601 $2,145,207 $2,037,947 $107,260
2025 $22,601 $2,103,145 $1,997,988 $105,157
2024 $7,011 $621,334 $493,379 $127,955
2023 $6,841 $609,151 $483,704 $125,447
2022 $6,720 $597,207 $474,219 $122,988
2021 $6,593 $585,498 $464,921 $120,577
2020 $6,528 $579,495 $460,154 $119,341
2019 $6,400 $568,133 $451,132 $117,001
2018 $6,275 $556,994 $442,287 $114,707
2017 $6,238 $546,073 $433,615 $112,458
2016 $6,102 $535,366 $425,113 $110,253
2015 $6,340 $527,325 $418,728 $108,597
2014 -- $516,996 $410,526 $106,470
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24046713

California Regional Multiple Listing Service (CRMLS)

APN: 048-051-21

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