NOT LISTED FOR SALE
6 Beds
3 Baths
2,900 Sq Ft
3,049 Sq Ft Lot

Sale Details

Date Sold: May 1, 2019

Last sale price $2,575,000 $888 Per Sq Ft

40 Days on Market

Highlights

  • Ocean View
  • Property is near public transit
  • No HOA
  • Open Floorplan
  • Main Floor Primary Bedroom
  • Balcony

About This Home

As of May 2019

4710 Seashore Drive is a rare opportunity to own a highly sought after investment property in amazing condition; located directly on the strand, with the boardwalk directly out in front of the property, in the "Oceanaire" lots in Newport Beach! ONE house from the sand.

Last Agent to Sell the Property

Raj Qsar

The Boutique Real Estate Group License #01744847 Listed on: 02/22/2019

Co-Listed By

Christina Boladian

The Boutique Real Estate Group License #01948459

Last Buyer's Agent

Kim Bibb

Pacific Sotheby's Int'l Realty License #01210754

Pacific Sotheby's Int'l Realty
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • 3,049 Sq Ft Lot
  • 1 Common Wall

Parking

  • 2 Car Garage
  • 1 Attached Carport Space
  • Parking Available

Property Views

  • Ocean
  • City Lights
  • Peek-A-Boo

Home Design

  • Duplex
  • Turnkey
  • Slab Foundation

Interior Spaces

  • 2,900 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Family Room
  • Living Room
  • Home Security System
  • Laundry Room

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • 3 Bathrooms

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Rain Gutters

Additional Features

  • Property is near public transit
  • Central Heating

Listing and Financial Details

  • Tax Lot 67
  • Tax Tract Number 3813
  • Assessor Parcel Number 42441403

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Net Operating Income $90,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1964 | Remodeled

Lot Details

3,049 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Washer/Dryer
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Security System
  • Subdivision Name Other: West Newport Beach (WSNB)
  • View: Yes
  • Zoning: R2
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 42441403
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Interior Amenities: Balcony, Ceiling Fan(s), Crown Molding, Open Floorplan, Pantry, Recessed Lighting
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 887.93
  • Room Type: Family Room, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bedroom

Exterior Features

  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: City Lights, Ocean, Peek-A-Boo
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport, Attached Carport
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Microwave
  • Heating Type: Central
  • Laundry Features: Common Area, Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 3049.00
  • Lot Size Acres: 0.0700
  • Latitude Manual: 33.62139900

Multi Family

  • Gross Scheduled Income: 118000.00
  • Lot Size Area: 3049.0000 Square Feet
  • Net Operating Income: 90000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 28000.00
  • Rent Control: No

Tax Info

  • Tax Census Tract: 635.00
  • Tax Lot: 67
  • Tax Tract Number: 3813

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2019
Closed on
Apr 4, 2019
Sold by
Bought by
Seller's Agent
Raj Qsar
The Boutique Real Estate Group
Buyer's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
List Price
$2,688,888
Sold Price
$2,575,000
Premium/Discount to List
-$113,888
-4.24%

Purchase Details

Listed on
Sep 23, 2015
Closed on
Oct 27, 2015
Sold by
Bought by
Seller's Agent
Christopher Parr
Real Brokerage Technologies, Inc
Buyer's Agent
Raj Qsar
The Boutique Real Estate Group
List Price
$2,650,000
Sold Price
$2,575,000
Premium/Discount to List
-$75,000
-2.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$535,000
Interest Rate
3.71%
Mortgage Type
Commercial

Purchase Details

Closed on
May 3, 2006
Sold by
Bought by

Purchase Details

Closed on
Sep 7, 2005
Sold by
Bought by

Purchase Details

Closed on
Aug 4, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 10, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 30, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,500
Interest Rate
6.22%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 9, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,500
Interest Rate
6.22%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,575,000 Lawyers Title
$2,575,000 Ticor Title
-- None Available
-- None Available
-- Stewart Title Irvine
$1,350,000 Equity Title Company
-- --
-- Equity Title Company
$925,000 Equity Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,000,000
Previous Owner $535,000
Previous Owner $10,000,000
Previous Owner $360,000
Previous Owner $1,000,000
Previous Owner $180,000
Previous Owner $92,500
Previous Owner $647,500
Previous Owner $647,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2019 05/01/19 Sold $2,575,000 -4.2% $888 / Sq Ft
04/03/2019 04/03/19 Pending -- -- --
02/22/2019 02/22/19 For Sale $2,688,888 +4.4% $927 / Sq Ft
11/30/2015 11/30/15 Sold $2,575,000 -2.8% $888 / Sq Ft View Prior Sale
11/17/2015 11/17/15 Pending -- -- --
09/23/2015 09/23/15 For Sale $2,650,000 -- $914 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $30,661 $2,929,908 $2,683,001 $246,907
2025 $30,179 $2,872,459 $2,630,393 $242,066
2024 $30,179 $2,816,137 $2,578,817 $237,320
2023 $29,471 $2,760,919 $2,528,252 $232,667
2022 $28,982 $2,706,784 $2,478,679 $228,105
2021 $28,427 $2,653,710 $2,430,077 $223,633
2020 $28,154 $2,626,500 $2,405,160 $221,340
2019 $29,229 $2,732,610 $2,633,680 $98,930
2018 $28,647 $2,679,030 $2,582,039 $96,991
2017 $28,141 $2,626,500 $2,531,410 $95,090
2016 $27,509 $2,575,000 $2,481,774 $93,226
2015 $19,857 $1,835,964 $1,718,635 $117,329
2014 $19,390 $1,800,000 $1,684,969 $115,031
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19040582

California Regional Multiple Listing Service (CRMLS)
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