NOT LISTED FOR SALE
7 Beds
4 Baths
2,808 Sq Ft
2,614 Sq Ft Lot Lot

Sale Details

Date Sold: August 21, 2017

Last sale price $4,300,000 $1,531 Per Sq Ft

36 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Maid or Guest Quarters
  • Newport Elementary School Rated A
  • Cape Cod Architecture
  • Deck

About This Home

As of August 2017

Balboa Oceanfront with 7 bedrooms and 4 baths. This is a Duplex. Unit B with 4 bedrooms upstairs and unit A has 3 bedrooms downstairs. Both have 2 baths. A rare find with 7 bedrooms on the beach. This is a furnished rental and leased for the Winter. The summer is a short term weekly rental. Each unit has an open spacious kitchen overlooking the living room. Each with fireplace. Lower unit has large patio and upper has small balcony. New exterior paint. Newer double pane vinyl windows. 2 car shared garage with coin laundry. This is a popular Short Term Beach Rental. The boardwalk is right in front and you can walk or ride bikes to the Balboa Pier, Balboa Business District or take the ferry to Balboa Island. The Municipal parking lot is just 1 block away for extra parking for your quest or tenants.

Last Agent to Sell the Property

Jim Jacobs

Jim Jacobs Realty License #00868230 Listed on: 04/17/2017

Last Buyer's Agent

Israel Maldonado

Israel Maldonado, Broker License #01787891

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 2,614 Sq Ft Lot
  • Beach Front
  • Property fronts an alley
  • 1 Common Wall
  • Block Wall Fence
  • Needs Fence Repair
  • No Landscaping
  • Level Lot

Parking

  • 2 Car Garage
  • Parking Available
  • Side by Side Parking
  • Single Garage Door
  • Garage Door Opener
  • No Driveway
  • Assigned Parking

Property Views

  • Ocean
  • Coastline
  • Catalina

Home Design

  • Duplex
  • Cape Cod Architecture
  • Cosmetic Repairs Needed
  • Slab Foundation
  • Fire Rated Drywall
  • Tar and Gravel Roof
  • Copper Plumbing
  • Clapboard
  • Stucco

Interior Spaces

  • 2,808 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Beamed Ceilings
  • Double Pane Windows
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Storage

Kitchen

  • Open to Family Room
  • Gas Oven
  • Gas Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms | 3 Main Level Bedrooms
  • Maid or Guest Quarters
  • 4 Full Bathrooms
  • Makeup or Vanity Space
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Grill

Location

  • Property is near public transit

Schools

  • Newport Elementary School
  • Ensign Middle School
  • Newport Harbor High School

Utilities

  • Forced Air Heating System
  • Underground Utilities
  • Source of electricity is unknown
  • Gas Water Heater
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 12 / 400
  • Tax Tract Number 104
  • Assessor Parcel Number 04812118

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Built by Tom Horn/D Smith

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

2,614 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved, Maintained
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Zoning: R-2
  • Architectural Style: Cape Cod
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 04812118
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2808.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Copper Plumbing Full, Furnished, Storage
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Door Features: Sliding Doors
  • Eating Area: In Family Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1531.34
  • Room Type: Guest/Maid's Quarters, Main Floor Bedroom
  • Window Features: Double Pane Windows
  • Bathroom Features: Shower In Tub, Vanity Area
  • Room Kitchen Features: Kitchen Open To Family Room, Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Barbecue Private
  • View: Catalina, Coastline, Ocean
  • Fence: Yes
  • Fencing: Block, Needs Repair
  • Builder Name: Tom Horn/D Smith
  • Patio And Porch Features: Deck, Patio
  • Pool Private: No
  • Roof: Tar/Gravel
  • Spa: No
  • Construction Materials: Clapboard, Drywall Walls, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, No Driveway, Garage, Garage - Single Door, Garage Door Opener, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Underground Utilities, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Dishwasher, Free-Standing Range, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Electric: Electricity - Unknown
  • Heating Type: Forced Air
  • Laundry Features: Community, Gas Dryer Hookup, In Garage
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School: Newport
  • High School: Newport Harbor
  • Middle Or Junior School: Ensign
  • Elementary School #2: NEWPOR
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level, Near Public Transit, No Landscaping
  • Lot Size Sq Ft: 2614.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Waterfront Features: Beach Front

Tax Info

  • Tax Block: 400
  • Tax Census Tract: 628.00
  • Tax Lot: 12
  • Tax Tract: 104
  • Tax Tract Number: 104
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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
08/21/2017 08/21/17 Sold $4,300,000 0.0% $1,531 / Sq Ft
08/21/2017 08/21/17 Sold $4,300,000 -1.1% $1,320 / Sq Ft View Prior Sale
05/23/2017 05/23/17 Pending -- -- --
05/23/2017 05/23/17 Pending -- -- --
04/17/2017 04/17/17 For Sale $4,350,000 0.0% $1,549 / Sq Ft
03/24/2017 03/24/17 For Sale $4,350,000 -- $1,335 / 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 $51,529 $4,892,664 $4,740,101 $152,563
2024 $51,529 $4,796,730 $4,647,158 $149,572
2023 $50,676 $4,702,677 $4,556,037 $146,640
2022 $49,742 $4,610,468 $4,466,703 $143,765
2021 $49,099 $4,520,067 $4,379,120 $140,947
2020 $48,599 $4,473,720 $4,334,218 $139,502
2019 $47,621 $4,386,000 $4,249,233 $136,767
2018 $46,777 $4,300,000 $4,165,914 $134,086
2017 $14,316 $1,209,544 $1,045,808 $163,736
2016 $14,032 $1,185,828 $1,025,302 $160,526
2015 $14,126 $1,168,016 $1,009,901 $158,115
2014 $13,809 $1,145,137 $990,119 $155,018
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP17081817

California Regional Multiple Listing Service (CRMLS)

APN: 048-121-18

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