NOT LISTED FOR SALE

Estimated Value: $3,473,000 - $5,808,000

3 Beds
4.5 Baths
2,595 Sq Ft
$1,655/Sq Ft Est. Value

Highlights

  • Bay View
  • No HOA
  • Breakfast Bar
  • Newport Elementary School Rated A
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of March 2024

Welcome to 428 E Bay, this immaculate beachside rental opportunity is located just one house back from the bay and a short walk to the sand on the coveted Newport Beach Peninsula. This floor plan is ideal for a full time residence or a second home beach retreat; the main level features a light and bright great room with an open kitchen, powder room, and welcoming staircase that leads to the second level. On the second level there are three large bedrooms with ensuite bathrooms, which are carefully appointed for privacy. The rooftop deck is the perfect place to take in the bay breeze, city lights at night, and to watch the boats go by. There is also a bonus room and bathroom off the rooftop deck. The garage is great for parking, storage, bikes, and beach accessories. This is truly a unique move-in ready lease offering on the Peninsula.

Last Agent to Rent the Property

Kim Bibb

Pacific Sotheby's Int'l Realty Brokerage Phone: 714-396-0185 License #01210754 Listed on: 02/01/2024

Pacific Sotheby's Int'l Realty

Last Renter's Agent

Kristy Wallick

Compass License #02155985

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • 2,164 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage

Property Views

  • Bay
  • City Lights
  • Peek-A-Boo

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,595 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Breakfast Bar

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Schools

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

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • $9,750 HOA Transfer Fee
  • Balboa Peninsula Subdivision

Listing and Financial Details

  • Security Deposit $9,750
  • 12-Month Minimum Lease Term
  • Available 2/1/24
  • Legal Lot and Block 25 / 2
  • Tax Tract Number 95
  • Assessor Parcel Number 04811126

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

2,164 Sq Ft Lot

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2024-02-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 9750
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fees: 9750.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 04811126
  • Year Built: 1997
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2595.00 Square Feet
  • Stories: 3
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, In Living Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 3.83
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Bay, City Lights, Peek-A-Boo
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

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
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2164.00
  • Lot Size Acres: 0.0497

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 2164.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 628.00
  • Tax Lot: 25
  • Tax Tract Number: 95

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2014
Sold by
Loughlin Thomas L O
Bought by
O Loughlin Trust
Current Estimated Value
$4,295,982

Purchase Details

Closed on
Dec 7, 2010
Sold by
Oloughlin Thomas L
Bought by
Oloughlin Thomas L and Oloughlin Trust

Purchase Details

Closed on
Apr 30, 1998
Sold by
Eastbay Group Inc
Bought by
Oloughlin Thomas L and Oloughlin Lorraine R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Buyer Sale Price Title Company
O Loughlin Trust -- None Available
Oloughlin Thomas L -- None Available
Oloughlin Thomas L $612,500 Orange Coast Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2024 03/28/24 Rented $9,950 0.0% --
02/01/2024 02/01/24 For Rent $9,950 +2.1% --
12/01/2022 12/01/22 Rented $9,750 0.0% --
11/15/2022 11/15/22 For Rent $9,750 -- --
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 $10,482 $978,010 $543,154 $434,856
2024 $10,482 $958,834 $532,504 $426,330
2023 $10,161 $940,034 $522,063 $417,971
2022 $9,988 $921,602 $511,826 $409,776
2021 $9,797 $903,532 $501,790 $401,742
2020 $9,702 $894,268 $496,645 $397,623
2019 $9,504 $876,734 $486,907 $389,827
2018 $9,315 $859,544 $477,360 $382,184
2017 $9,150 $842,691 $468,000 $374,691
2016 $8,945 $826,168 $458,823 $367,345
2015 $8,858 $813,759 $451,931 $361,828
2014 $8,649 $797,819 $443,078 $354,741
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP24023703

California Regional Multiple Listing Service (CRMLS)

APN: 048-111-26

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