NOT LISTED FOR SALE
6 Beds
4 Baths
2,469 Sq Ft
1973 Built

Last Sold August 10, 2017

Last sale price $1,650,000 $668 Per Sq Ft

19 Days on Market

Highlights

  • Peek-A-Boo Views
  • No HOA
  • Central Heating
  • Newport Elementary School Rated A
  • Laundry Room
  • 4-minute walk to 38th Street Park

About This Home

As of August 2017

Newport Beach duplex with awesome possibilities! Centrally located on the 3rd block of 33rd st. A quick walk and you are on the sand! Every convenience you could ask for is within a 2-3 block radius. The Newport Landing shopping center, restaurants, and the Newport Pier. Original 70's building in need of a major remodel including interior and exterior improvements. You do get a small view of the ocean from the upper deck. Spacious interior with beam ceilings. Large master, with a sitting area, all original. Huge potential! The lower unit is in nice condition, some interior upgrades make this unit very livable. Larger square footage for this duplex offers an ideal property for a owner user. Long time owner, this property has been in the family for many years. The location with opportunity to improve make this duplex a great value.

Last Agent to Sell the Property

Tracy Seeber

Balboa Realty License #00954837 Listed on: 06/15/2017

Co-Listed By

Joan Trout

Compass License #00578819

Last Buyer's Agent

Marilyn Christian

Pacific Sotheby's Int'l Realty License #01919929

Pacific Sotheby's Int'l Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 2,352 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Property Attached
  • Fixer Upper
  • Composition Roof

Interior Spaces

  • 2,469 Sq Ft Home
  • Peek-A-Boo Views

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 20
  • Tax Tract Number 418
  • Assessor Parcel Number 42338414

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,600
  • Water Sewer Expense $1,200
  • Operating Expense $2,800
  • Net Operating Income $61,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

2,352 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: West Newport Beach (WSNB)
  • View: Yes
  • Water Sewer Expenses: 1200.00
  • Property Condition: Fixer
  • Property Type: Residential Income
  • Parcel Number: 42338414
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 668.29

Exterior Features

  • View: Peek-A-Boo
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2352.00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Scheduled Income: 62400.00
  • Insurance Expense: 1600.00
  • Net Operating Income: 61200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 1200.00
  • Rent Control: No
  • Total Expenses: 2800.00

Tax Info

  • Tax Census Tract: 635.00
  • Tax Lot: 20
  • Tax Tract Number: 418
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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 List to Sale Price per Sq Ft
08/10/2017 08/10/17 Sold $1,650,000 0.0% $668 / Sq Ft
06/15/2017 06/15/17 For Sale $1,650,000 -- $668 / Sq Ft
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 $22,779 $2,154,674 $1,748,646 $406,028
2024 $22,779 $2,112,426 $1,714,359 $398,067
2023 $22,243 $2,071,006 $1,680,744 $390,262
2022 $21,872 $2,030,399 $1,647,789 $382,610
2021 $21,454 $1,990,588 $1,615,480 $375,108
2020 $21,244 $1,970,177 $1,598,915 $371,262
2019 $17,590 $1,670,602 $1,567,564 $103,038
2018 $17,834 $1,650,000 $1,536,828 $113,172
2017 $5,674 $492,546 $314,316 $178,230
2016 $5,551 $482,889 $308,153 $174,736
2015 $5,497 $475,636 $303,524 $172,112
2014 $5,368 $466,319 $297,578 $168,741
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP17135457

California Regional Multiple Listing Service (CRMLS)

APN: 423-384-14

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