Seller's Agent in 2012
Tim Smith
Coldwell Banker Realty
(949) 478-2295
13 in this area
669 Total Sales
414 E Oceanfront Newport Beach, CA 92661
Central Newport Beach Neighborhood
--
Bed
--
Bath
3,001
Sq Ft
3,049
Sq Ft Lot
Highlights
- Beach Front
- White Water Ocean Views
- Ocean Side of Freeway
- Newport Elementary School Rated A
- Property has ocean access
- 5-minute walk to Balboa Peninsula Park
About This Home
As of October 2012Oceanfront triplex on the Balboa Peninsula with direct beach access. Amazing investment opportunity. Unit A: (Lower front unit)3 bedrooms, 2 bathrooms, sleeps 8-10. $3,400 per week during the summer/$3,400 per month during the remainder of the year. Unit B: (Upper front rear) 2 bedrooms, 2 bathrooms, sleeps 6, one garage spot. $2,800 per week during the summer/$2,800 per month during the remainder of the year. Unit C (Upper rear unit): 2 bedroom, 2 bathroom, sleeps 6, small rooftop deck with ocean views. $2,200 per week during the summer/$2,200 per month during the remainder of the year.
Last Agent to Sell the Property
Coldwell Banker Realty License #01346878 Listed on: 07/16/2012
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1972
Lot Details
- 3,049
Property Views
- White Water Ocean
- Coastline
Home Design
- Brick Exterior Construction
- Fire Rated Drywall
- Spanish Tile Roof
- Clay Roof
- Stucco
Interior Spaces
- 3,001 Sq Ft Home
- Fireplace Features Masonry
- Tile Countertops
Flooring
- Wood
- Carpet
- Tile
Parking
- 4 Parking Spaces
- Parking Lot
- Assigned Parking
Outdoor Features
- Property has ocean access
- Ocean Side of Freeway
Additional Features
- Beach Front
- No Heating
Listing and Financial Details
- Tax Lot 18
- Tax Tract Number 104
- Assessor Parcel Number 04812111
Community Details
Overview
- 3 Units
Building Details
- Other Expense $14,300
- Professional Management Expense $22,176
- Gross Income $15,400
- Net Operating Income $148,324
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/09/2012 10/09/12 | Sold | $2,750,000 | -8.3% | $916 / Sq Ft |
| 09/09/2012 09/09/12 | Pending | -- | -- | -- |
| 07/16/2012 07/16/12 | For Sale | $2,999,000 | -- | $999 / 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 | $35,749 | $3,386,424 | $2,955,431 | $430,993 |
| 2024 | $35,749 | $3,320,024 | $2,897,481 | $422,543 |
| 2023 | $34,909 | $3,254,926 | $2,840,668 | $414,258 |
| 2022 | $34,323 | $3,191,104 | $2,784,968 | $406,136 |
| 2021 | $33,667 | $3,128,534 | $2,730,361 | $398,173 |
| 2020 | $33,343 | $3,096,455 | $2,702,364 | $394,091 |
| 2019 | $32,658 | $3,035,741 | $2,649,377 | $386,364 |
| 2018 | $32,009 | $2,976,217 | $2,597,428 | $378,789 |
| 2017 | $31,444 | $2,917,860 | $2,546,498 | $371,362 |
| 2016 | $30,740 | $2,860,648 | $2,496,567 | $364,081 |
| 2015 | $30,449 | $2,817,679 | $2,459,066 | $358,613 |
| 2014 | $29,733 | $2,762,485 | $2,410,896 | $351,589 |
Source: Public Records
Agents Affiliated with this Home
-
Tim Smith
-
Albert Hanna
Buyer's Agent in 2012
Albert Hanna
Alt Financial Network Inc
(714) 448-0126
28 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: U12002860
APN: 048-121-11
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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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