$1,534,000
SOLD JUN 7, 2016
5 Beds
4 Baths
2,700 Sq Ft
2,688 Sq Ft Lot

Recently Sold

$568 Per Sq Ft

4% Below List Price

185 Days on Market

Highlights

  • Open Floorplan
  • Canal View
  • Cathedral Ceiling
  • Newport Elementary School Rated A
  • Cape Cod Architecture
  • Balcony

About This Home

As of December 2021

Fantastic duplex in excellent condition across from the channel. Investor opportunity. Perfect for short or long term rental. Owner user in one with income potential in the other....Upper unit is three bedroom, 2.25 bath with vaulted ceilings, fireplace. Light and bright, freshly painted, brand new carpeting, fixtures etc. Balcony with peek channel views. Lower unit is two bedroom, two bath with fireplace. Two car attached garage plus two car tandem carport. Exterior painted this year. Steps to the beach, shops, restaurants. This unit is a must see. Ideal for investor or owner user plus rental unit.

Last Agent to Sell the Property

Gregory Lombardi

Compass License #00964829 Listed on: 06/01/2016

Compass

Co-Listed By

Jarrod Frey

Compass License #01236927

Last Buyer's Agent

Gregory Lombardi

Compass License #00964829 Listed on: 06/01/2016

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1994

Lot Details

  • 2,688 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Unassigned Parking

Home Design

  • Cape Cod Architecture
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,700 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Canal Views

Kitchen

  • Built-In Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Balcony
  • Suburban Location
  • Central Heating

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 164
  • Assessor Parcel Number 42310212

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $5,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Architectural Style: Cape Cod
  • Property Type: Residential Income
  • Parcel Number: 42310212
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Cathedral Ceiling(s), Ceiling Fan(s), Open Floorplan
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 568.15

Exterior Features

  • Foundation: Slab
  • View: Canal
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal
  • Heating Type: Central
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2688.00
  • Price Per Lot Square Foot: 570.68
  • Lot Size Acres: 0.0620

Multi Family

  • Gross Income: 5700.00
  • Gross Scheduled Income: 68400.00
  • Lot Size Area: 2688.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 164

Range of Values:

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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 Change Sq Ft Price
07/01/2025 07/01/25 For Sale $4,499,000 0.0% $1,666 / Sq Ft
06/25/2025 06/25/25 Off Market $4,499,000 -- --
06/21/2025 06/21/25 For Sale $4,499,000 +66.0% $1,666 / Sq Ft
12/22/2021 12/22/21 Sold $2,710,000 0.0% $1,004 / Sq Ft
12/22/2021 12/22/21 Pending -- -- --
12/22/2021 12/22/21 For Sale $2,710,000 +76.7% $1,004 / Sq Ft
06/07/2016 06/07/16 Sold $1,534,000 -3.8% $568 / Sq Ft
02/27/2016 02/27/16 Pending -- -- --
08/26/2015 08/26/15 For Sale $1,595,000 -- $591 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP15189359

California Regional Multiple Listing Service (CRMLS)

APN: 423-102-12