NOT LISTED FOR SALE

3611 W Balboa Blvd Newport Beach, CA 92663

West Newport Beach Neighborhood
-- Bed
-- Bath
1,824 Sq Ft
1975 Built

Last Sold March 02, 2012

Last sale price $890,000 $488 Per Sq Ft

512 Days on Market

Highlights

  • Contemporary Architecture
  • Cathedral Ceiling
  • Park or Greenbelt View
  • Newport Elementary School Rated A
  • Wood Flooring
  • 1-minute walk to 38th Street Park

About This Home

As of March 2012

This is the perfect duplex for an owner who wants income in a neighborhood of owner-occupants. Situated on the beach side of Balboa Blvd., it is also an excellent vacation rental. The 3 bedroom, 2 bath upstairs features a large deck with retractable awning, creating an indoor/outdoor living space and overlooking the 38th Street park. From the patio, French doors lead into the great room which includes fireplace, wood floors and vaulted ceilings. The one bedroom unit downstairs is rented at $1500 a month,but could also be guest quarters. Upstairs is currently used as owners' beach house. Both units are in super-great condition. With a 4-car garage,parking is no problem. For investors,a 30% down with year round rentals pencils out; with vacation rentals, increase profit!

Last Agent to Sell the Property

Mary Citrano

Surterre Properties Inc. License #00597198 Listed on: 10/04/2010

Last Buyer's Agent

Robert Koop

Tekoop Properties, Inc. License #00856542

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • Property fronts an alley

Parking

  • 4 Car Garage
  • Parking Available
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,824 Sq Ft Home
  • Cathedral Ceiling
  • Fireplace With Gas Starter
  • Fireplace Features Masonry
  • Double Pane Windows
  • Awning
  • French Doors
  • Park or Greenbelt Views

Kitchen

  • Gas Oven or Range
  • Self-Cleaning Oven
  • Range
  • Dishwasher
  • Ceramic Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Laundry

  • Laundry Room
  • Washer

Utilities

  • Forced Air Heating System
  • Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 42333103

Community Details

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Cable TV Expense $75
  • Electric Expense $30
  • Trash Expense $32
  • Water Sewer Expense $32
  • Gross Income $1,500

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Road Frontage Type: Alley
  • View: Yes
  • Water Sewer Expenses: 32.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 42333103
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Cathedral Ceiling(s), Ceramic Counters
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Door Features: French Doors
  • Fireplace Features: Gas Starter, Masonry
  • Levels: Two
  • Price Per Square Foot: 487.94
  • Window Features: Double Pane Windows

Exterior Features

  • Exterior Features: Awning(s)
  • View: Park/Greenbelt
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage Door Opener
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free Standing, Gas Cooking, Disposal, Oven, Range, Refrigerator, Self Cleaning Oven, Water Heater
  • Heating Type: Forced Air, Fireplace(s)
  • Laundry Features: Community, Gas Dryer Hookup, Washer Included
  • Sewer: Sewer Paid
  • Trash Expense: 32.00

Condo/Co-op/Association

  • Senior Community: No

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Cable TV Expense: 75.00
  • Electric Expense: 30.00
  • Gross Income: 1500.00
  • Gross Multiplier: 54.17
  • Gross Scheduled Income: 18000.00
  • 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 Tract: Custom

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
03/02/2012 03/02/12 Sold $890,000 -25.8% $488 / Sq Ft
02/28/2012 02/28/12 Pending -- -- --
10/04/2010 10/04/10 For Sale $1,199,000 -- $657 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Mary Citrano

    Surterre Properties Inc.

  • Robert Koop

    Buyer's Agent in 2012

    Robert Koop

    Tekoop Properties, Inc.

    (949) 584-7667

    3 in this area

    35 Total Sales

    Robert Koop
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U10004489

California Regional Multiple Listing Service (CRMLS)

APN: 423-331-03

California Orange County Newport Beach 92663 West Newport Beach

3611 W Balboa Blvd, Newport Beach, CA

This home is located at 3611 W Balboa Blvd, Newport Beach, CA 92663 since 04 October 2010. This property was built in 1975. 3611 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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