NOT LISTED FOR SALE
2 Beds
2 Baths
1,680 Sq Ft
2,250 Sq Ft Lot

Last Sold March 22, 2022

Last sale price $6,300,000 $3,750 Per Sq Ft

Highlights

  • Ocean Front
  • Open Floorplan
  • High Ceiling
  • Abraham Lincoln Elementary School Rated A
  • Bonus Room
  • Furnished

About This Home

As of July 2022

Unique fully furnished month-to-month lease on “Little Balboa Island." This back unit apartment is a large 2-bedroom 2-bathroom with a lot of windows bringing in light and city views. Enjoy scenic views, all while being located near some of the best shopping, dining, and attractions Newport Beach has to offer. Water activities, your personal bay beach, and strolling the Island’s boardwalk are right outside of your front door. This is a perfect property for the summer months! Availability for October.

Last Agent to Rent the Property

Janelle File

Compass License #01952433 Listed on: 05/09/2022

Compass

Co-Listed By

Brandon Goethals

Compass License #02004301

Last Renter's Agent

Kimberlee Drake

Compass License #01068050

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1971

Lot Details

  • 2,250 Sq Ft Lot
  • Ocean Front
  • Home fronts a seawall
  • Home fronts a canal
  • Level Lot

Parking

  • 1 Car Attached Garage
  • 1 Open Parking Space
  • On-Street Parking

Property Views

  • Ocean
  • Marina
  • Bay
  • Harbor
  • Panoramic
  • City Lights
  • Canal
  • Neighborhood

Interior Spaces

  • 1,680 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Furnished
  • High Ceiling
  • Bay Window
  • Living Room with Fireplace
  • Family or Dining Combination
  • Bonus Room

Kitchen

  • Dishwasher
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Property has ocean access
  • Exterior Lighting

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Security Deposit $4,000
  • Available 6/1/22
  • Tax Lot 19
  • Tax Tract Number 742
  • Assessor Parcel Number 05020121

Community Details

Overview

  • No Home Owners Association
  • Balboa Island Little Island Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1971

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2022-06-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 4000
  • Furnished: Furnished
  • Pets Allowed: Cats OK, Dogs OK
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Duplex
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • Subdivision Name Other: Balboa Island - Little Island (BALL)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 05020121
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1680.00 Square Feet
  • Interior Amenities: High Ceilings, Open Floorplan, Tile Counters
  • Stories: 3
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: In Family Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 4.17
  • Room Type: Bonus Room, Laundry
  • Window Features: Bay Window(s)

Exterior Features

  • View: Bay, Canal, City Lights, Harbor, Marina, Neighborhood, Ocean, Panoramic, Water
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking Features: Garage, Street
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 2250.00
  • Lot Size Acres: 0.0517

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: Month To Month
  • Lot Size Area: 2250.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Canal Front, Ocean Access, Ocean Front, Seawall

Tax Info

  • Tax Census Tract: 630.06
  • Tax Lot: 19
  • Tax Tract Number: 742

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/26/2022 07/26/22 Rented $7,000 -11.9% --
06/04/2022 06/04/22 Price Changed $7,950 -6.5% $5 / Sq Ft
05/09/2022 05/09/22 For Rent $8,500 -22.7% --
04/06/2022 04/06/22 Rented $11,000 -24.1% --
04/01/2022 04/01/22 For Rent $14,500 0.0% --
03/22/2022 03/22/22 Sold $6,300,000 +5.1% $1,902 / Sq Ft View Prior Sale
02/03/2022 02/03/22 Pending -- -- --
01/14/2022 01/14/22 For Sale $5,995,000 -- $1,810 / 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 $69,514 $6,685,610 $6,500,457 $185,153
2024 $69,514 $6,554,520 $6,372,997 $181,523
2023 $67,892 $6,426,000 $6,248,036 $177,964
2022 $63,618 $6,000,000 $5,400,000 $600,000
2021 $4,082 $339,805 $228,841 $110,964
2020 $4,042 $336,321 $226,494 $109,827
2019 $3,967 $329,727 $222,053 $107,674
2018 $3,892 $323,262 $217,699 $105,563
2017 $3,825 $316,924 $213,430 $103,494
2016 $3,744 $310,710 $209,245 $101,465
2015 $3,706 $306,043 $206,102 $99,941
2014 $3,753 $300,049 $202,065 $97,984
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP22094847

California Regional Multiple Listing Service (CRMLS)

APN: 050-201-21