NOT LISTED FOR SALE

404 E Oceanfront Newport Beach, CA 92661

Central Newport Beach Neighborhood
7 Beds
4 Baths
3,652 Sq Ft
2,850 Sq Ft Lot

Last Sold March 06, 2017

Last sale price $4,235,000 $1,160 Per Sq Ft

9 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • No HOA
  • Newport Elementary School Rated A
  • Cape Cod Architecture
  • 5-minute walk to Balboa Peninsula Park

About This Home

As of March 2017

404 East Oceanfront is a duplex built in 1972 on the boardwalk with sand in front. First time offered for sale in 45 years. The property is perfect for owner to live in one and rent the other. Property is “turnkey” for vacation rentals and has been a popular summer rental location. The upper unit is a spacious 4 bedroom with 2 baths, fireplace and very large master bedroom. Kitchen and living room look out to the ocean and Catalina Island. Perfect for owner to occupy. Lower unit is 3 bedrooms and 2 baths. Open kitchen to living room with fireplace and large patio right on the beach. The board walk is right in front for quick walk or bike ride to the Balboa Village, Fun Zone and Balboa Pier. The property has been very well maintained. The lot size is 30 X 95 Rare 3 car garage into side set back. This property is a pleasure to visit and shows pride of ownership. Utilities underground and bond is paid in full. Roof just over 1 year old. TPO ROOFING, 2" Polyiso insulation, 1/4" Densdeck, 60 ml TPO membrane. 20 yr warranty. TPO means Thermoplastic Polyeolefin, which is a commercial roof.

Last Agent to Sell the Property

Jim Jacobs

Jim Jacobs Realty License #00868230 Listed on: 01/25/2017

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 2,850 Sq Ft Lot
  • Lot Dimensions are 30 x 95
  • Beach Front
  • Property fronts an alley
  • No Common Walls
  • West Facing Home
  • No Landscaping
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage
  • Parking Available
  • Side Facing Garage
  • Side by Side Parking
  • Two Garage Doors
  • Garage Door Opener

Property Views

  • Ocean
  • Coastline
  • Views of a pier
  • Catalina

Home Design

  • Duplex
  • Cape Cod Architecture
  • Turnkey
  • Brick Exterior Construction
  • Slab Foundation
  • Fiberglass Siding
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 3,652 Sq Ft Home
  • Beamed Ceilings
  • Ceiling Fan
  • Sliding Doors
  • Family Room with Fireplace

Kitchen

  • Gas Oven
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Natural Gas Connected
  • Gas Water Heater
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for janitorial service
  • Legal Lot and Block 13 / 4
  • Tax Tract Number 104
  • Assessor Parcel Number 04812117

Community Details

Overview

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

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,200
  • Trash Expense $1
  • Water Sewer Expense $900
  • New Taxes Expense $43,620
  • Operating Expense $46,721

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Water Sewer Expenses: 900.00
  • Zoning: R-2
  • Architectural Style: Cape Cod
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 04812117
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Beamed Ceilings, Ceiling Fan(s), Copper Plumbing Full
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 1159.64

Exterior Features

  • Direction Faces: West
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Catalina, Coastline, Ocean, Pier
  • Builder Name: Tom Horn/D Smith
  • Pool Private: No
  • Spa: No
  • Construction Materials: Brick, Fiberglass Siding, Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Side, Garage - Two Door, Garage Door Opener, Side by Side
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Water Heater, Refrigerator
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Common Area, Community, In Garage
  • Sewer: Public Sewer, Sewer Paid
  • Trash Expense: 1.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, No Landscaping
  • Lot Size: 30 X 95
  • Lot Size Sq Ft: 2850.00

Rental Info

  • Tenant Pays: Janitorial Service

Multi Family

  • Insurance Expense: 2200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Patio: 1
  • Number With Refrigerator: 2
  • Other Income Description: No tenants while for sale
  • Rent Control: No
  • Total Expenses: 46721.00
  • Waterfront Features: Beach Front

Tax Info

  • New Taxes Expense: 43620.00
  • Tax Block: 4
  • Tax Census Tract: 628.00
  • Tax Lot: 13
  • Tax Tract Number: 104

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
03/06/2017 03/06/17 Sold $4,235,000 0.0% $1,160 / Sq Ft
01/25/2017 01/25/17 For Sale $4,235,000 -- $1,160 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jim Jacobs

    Seller's Agent in 2017

    Jim Jacobs

    Jim Jacobs Realty

    (949) 689-4200

    11 Total Sales

    Jim Jacobs
    Section Image

  • N

    Buyer's Agent in 2017

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    3 in this area

    5,610 Total Sales

    NoEmail NoEmail
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP17010963

California Regional Multiple Listing Service (CRMLS)

APN: 048-121-17

California Orange County Newport Beach 92661 Central Newport Beach

404 E Oceanfront, Newport Beach, CA

This home is located at 404 E Oceanfront, Newport Beach, CA 92661 since 25 January 2017. This property was built in 1972. 404 E Oceanfront 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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