Landlord's Agent in 2023
Joshua Altman
Douglas Elliman of California, Inc.
(323) 610-0231
1 in this area
500 Total Sales
413 38th St Newport Beach, CA 92663
West Newport Beach NeighborhoodEstimated Value: $4,764,000 - $6,532,000
5
Beds
5
Baths
3,045
Sq Ft
$1,767/Sq Ft
Est. Value
Highlights
- Ocean View
- Rooftop Deck
- Family Room with Fireplace
- Newport Elementary School Rated A
- Cape Cod Architecture
- 3-minute walk to 38th Street Park
About This Home
As of February 2023FURNISHED LEASE! Every day is a vacation on Newport Island. Just moments from some of the best beaches in Southern California and only a bike ride to world class shopping and dining at Lido Marina Village, this fully remodeled Cape Cod gem is not only an incredible offering for a home, but also a lifestyle. This 3,045sf masterpiece features 5 bedrooms, 5 bathrooms, and luxurious finishes throughout. An inviting entryway welcomes you into the open concept living space with elevated ceilings and natural light all around. The main level includes living & dining spaces, a bedroom with an ensuite bath, and an indoor bar, which opens up to the outdoor patio. From the kitchen and living room, glass doors fold open, creating the perfect fusion between outdoor & indoor living space. On the second level, three bedrooms with an ensuite bathroom, as well as a sitting area, accompany a warm primary suite offering a private balcony, a large walk-in closet, and an ensuite bath. An elegant staircase invites you to the rooftop deck, which is an entertainers dream with expansive views of the ocean, the city, and some of the best sunsets in the world. Complete with Savant control, Lutron lighting, and parking for 3 cars, this property is truly unrivaled!
Last Agent to Rent the Property
Douglas Elliman of California, Inc. License #01764587 Listed on: 12/09/2022
Home Details
Home Type
- Single Family
Year Built
- Built in 1955
Lot Details
- 2,850 Sq Ft Lot
- Wood Fence
Parking
- 2 Car Garage
- 1 Open Parking Space
- Driveway
Property Views
- Ocean
- Bay
Home Design
- Cape Cod Architecture
- Split Level Home
- Composition Roof
Interior Spaces
- 3,045 Sq Ft Home
- 2-Story Property
- Furnished
- Built-In Features
- Bar
- Recessed Lighting
- Double Pane Windows
- Blinds
- Family Room with Fireplace
- Living Room
- Dining Area
- Wood Flooring
Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Oven
- Range Hood
- Microwave
- Freezer
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 5 Bedrooms
- Retreat
- Walk-In Closet
- Dressing Area
- Powder Room
- 5 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Rooftop Deck
- Open Patio
Utilities
- Central Heating and Cooling System
- Tankless Water Heater
- Sewer in Street
Community Details
- Built by Newport Island (NEWI)
Listing and Financial Details
- Security Deposit $45,000
- 12 Month Lease Term
- Assessor Parcel Number 423-072-16
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 30, 2023
Sold by
Sdn Portuguese Bend Llc
Bought by
Kelly Family Trust and Kelly
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,975,000
Interest Rate
6.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 28, 2023
Sold by
Nuccion Stephen and Nuccion Diana
Bought by
Sdn Portuguese Bend Llc
Purchase Details
Closed on
May 23, 2022
Sold by
Michael King David and Tuccio Lisa
Bought by
Nuccion Stephen and Nuccion Diana
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,375,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 3, 2013
Closed on
Jul 6, 2013
Sold by
Patterson Adell J
Bought by
King David Michael and King Lisa Marie Tuccio
Seller's Agent
Gayle Huizinga
Balboa Real Estate, Inc
Buyer's Agent
Katie Dickerson
Compass
List Price
$1,250,000
Sold Price
$1,100,000
Premium/Discount to List
-$150,000
-12%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.35%
Original Mortgage
$880,000
Interest Rate
2.7%
Mortgage Type
Adjustable Rate Mortgage/ARM
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kelly Family Trust | $4,250,000 | First American Title | |
| Sdn Portuguese Bend Llc | -- | None Listed On Document | |
| Nuccion Stephen | $4,500,000 | Chicago Title | |
| King David Michael | $1,100,000 | Western Resources Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Kelly Family Trust | $2,975,000 | |
| Previous Owner | Nuccion Stephen | $3,375,000 | |
| Previous Owner | King David Michael | $880,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/22/2023 02/22/23 | Rented | $15,000 | 0.0% | -- | |
| 02/01/2023 02/01/23 | Price Changed | $15,000 | +25.0% | $5 / Sq Ft | |
| 01/13/2023 01/13/23 | Price Changed | $12,000 | -20.0% | $4 / Sq Ft | |
| 12/09/2022 12/09/22 | For Rent | $15,000 | 0.0% | -- | |
| 08/02/2022 08/02/22 | Sold | $4,500,000 | -2.1% | $1,478 / Sq Ft | View Prior Sale |
| 05/19/2022 05/19/22 | Pending | -- | -- | -- | |
| 05/16/2022 05/16/22 | For Sale | $4,595,000 | 0.0% | $1,509 / Sq Ft | |
| 07/19/2020 07/19/20 | Rented | $8,875 | 0.0% | -- | |
| 07/13/2020 07/13/20 | For Rent | $8,875 | 0.0% | -- | |
| 07/30/2013 07/30/13 | Sold | $1,100,000 | -8.2% | $1,003 / Sq Ft | View Prior Sale |
| 06/28/2013 06/28/13 | Pending | -- | -- | -- | |
| 06/10/2013 06/10/13 | Price Changed | $1,198,000 | -4.2% | $1,092 / Sq Ft | |
| 05/03/2013 05/03/13 | For Sale | $1,250,000 | -- | $1,139 / Sq Ft |
Source: The MLS
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 | $48,690 | $4,335,000 | $3,772,895 | $562,105 |
| 2024 | $48,690 | $4,590,000 | $4,102,373 | $487,627 |
| 2023 | $47,554 | $4,500,000 | $4,021,934 | $478,066 |
| 2022 | $17,826 | $1,659,801 | $1,211,558 | $448,243 |
| 2021 | $17,485 | $1,627,256 | $1,187,802 | $439,454 |
| 2020 | $17,243 | $1,610,571 | $1,175,623 | $434,948 |
| 2019 | $16,887 | $1,578,992 | $1,152,572 | $426,420 |
| 2018 | $16,550 | $1,548,032 | $1,129,973 | $418,059 |
| 2017 | $16,256 | $1,517,679 | $1,107,817 | $409,862 |
| 2016 | $15,890 | $1,487,921 | $1,086,095 | $401,826 |
| 2015 | $15,754 | $1,465,572 | $1,069,781 | $395,791 |
| 2014 | $11,899 | $1,100,000 | $1,048,826 | $51,174 |
Source: Public Records
Agents Affiliated with this Home
-
Joshua Altman
-
Aideen Makky
Landlord's Co-Listing Agent in 2023
Aideen Makky
Luxe Real Estate
(949) 380-6600
34 Total Sales
-
Gizelle Sieber
G
Tenant's Agent in 2023
Gizelle Sieber
Compass
(714) 328-6525
1 in this area
26 Total Sales
-
Katie Dickerson
Seller's Agent in 2022
Katie Dickerson
Compass
(949) 554-1200
2 in this area
10 Total Sales
-
Alison Eastman
Seller Co-Listing Agent in 2022
Alison Eastman
Compass
(949) 478-7761
3 in this area
8 Total Sales
-
John Cain
Buyer's Agent in 2022
John Cain
Pacific Sothebys
(714) 655-8940
2 in this area
215 Total Sales
Map
Source: The MLS
MLS Number: 22-224035
APN: 423-072-16
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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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