NOT LISTED FOR SALE

3605 W Balboa Blvd Newport Beach, CA 92663

West Newport Beach Neighborhood
-- Bed
-- Bath
1,655 Sq Ft
2,250 Sq Ft Lot

Last Sold September 27, 2012

Last sale price $935,000 $565 Per Sq Ft

208 Days on Market

Highlights

  • Traditional Architecture
  • No Heating
  • 1-minute walk to 38th Street Park
  • Newport Elementary School Rated A

About This Home

As of September 2012

Upgraded duplex on the beach side of Balboa Blvd. Live in one and have the other pay your mortgage or excellent investment opportunity on its own! Downstairs is 2/2, upstairs 2/1.5. Current rents are $2400 and $2100/month. Remodeled with permits in 2005. Remodel includes newer vinyl windows throughout, upgraded plumbing,tankless water heater, granite, kitchens etc. Includes 3 car parking (2 car garage + extra space behind), perfect for short or long term lease. One block to beach.

Last Agent to Sell the Property

Sean Stanfield

Pacific Sotheby's Int'l Realty License #01024996 Listed on: 12/22/2011

Pacific Sotheby's Int'l Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 2,250 Sq Ft Lot
  • Lot Dimensions are 25x90

Parking

  • 3 Parking Spaces

Home Design

  • 1,655 Sq Ft Home
  • Traditional Architecture
  • Stucco

Utilities

  • No Heating

Listing and Financial Details

  • Tax Tract Number 670
  • Assessor Parcel Number 42333106
  • Tax Block 36

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $4,500
  • Net Operating Income $54,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 5.75
  • View: No
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 42333106
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 564.95

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 3.00

Utilities

  • Heating: No
  • Laundry: No
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 25x90
  • Lot Size Sq Ft: 2250.00
  • Lot Size Acres: 0.0520

Multi Family

  • Gross Income: 4500.00
  • Gross Multiplier: 17.39
  • Gross Scheduled Income: 54000.00
  • Lot Size Area: 2250.0000 Square Feet
  • Net Operating Income: 54000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2

Tax Info

  • Tax Area: 07001
  • Tax Block: 36
  • Tax Tract Number: 670

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
09/27/2012 09/27/12 Sold $935,000 -10.9% $565 / Sq Ft
07/17/2012 07/17/12 Pending -- -- --
12/22/2011 12/22/11 For Sale $1,049,000 -- $634 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Sean Stanfield

    Seller's Agent in 2012

    Sean Stanfield

    Pacific Sotheby's Int'l Realty

    (949) 244-9057

    3 in this area

    595 Total Sales

    Sean Stanfield
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S683849

California Regional Multiple Listing Service (CRMLS)

APN: 423-331-06

California Orange County Newport Beach 92663 West Newport Beach

3605 W Balboa Blvd, Newport Beach, CA

This home is located at 3605 W Balboa Blvd, Newport Beach, CA 92663 since 22 December 2011. This property was built in 1959. 3605 W Balboa Blvd is a home located in Orange County with nearby schools including Newport Elementary School, Horace Ensign Intermediate School, and Newport Harbor High 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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