NOT LISTED FOR SALE

4904 Neptune Ave Newport Beach, CA 92663

West Newport Beach Neighborhood
-- Bed
-- Bath
2,337 Sq Ft
3,044 Sq Ft Lot

Last Sold August 02, 2012

Last sale price $1,320,000 $565 Per Sq Ft

459 Days on Market

Highlights

  • Traditional Architecture
  • Tile Flooring
  • No Heating
  • Newport Elementary School Rated A
  • Wood Siding

About This Home

As of August 2012

Large turn-key duplex located near the sand (2 houses from sand). Both units are 3 bed 2 bath each. Huge front patio for downstairs unit. Nice balcony for the upstairs unit. 2 car garage. Recently remodeled and upgraded. Each unit is rented at $2500/month for 9 months then it's rented weekly for summer. Next door duplex also for sale. Great opportunity to own both adjoining lots.

Last Agent to Sell the Property

Christopher Parr

Real Brokerage Technologies, Inc License #01272772 Listed on: 04/16/2011

Real Brokerage Technologies, Inc

Last Buyer's Agent

Jon Flagg

Pacific Sotheby's Int'l Realty License #01316048

Pacific Sotheby's Int'l Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 3,044

Parking

  • 2 Parking Spaces

Home Design

  • 2,337 Sq Ft Home
  • Traditional Architecture
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stucco

Flooring

  • Carpet
  • Tile

Additional Features

  • 3,044 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 10 / 49
  • Tax Tract Number 670
  • Assessor Parcel Number 42446209

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Net Operating Income $90,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 6.49
  • View: No
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 42446209
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Tile
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 564.83

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 3044.00
  • Lot Size Acres: 0.0700

Multi Family

  • Gross Multiplier: 15.40
  • Gross Scheduled Income: 90600.00
  • Lot Size Area: 3044.0000 Square Feet
  • Net Operating Income: 90600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2

Tax Info

  • Tax Area: 07001
  • Tax Block: 49
  • Tax Lot: 10
  • Tax Tract Number: 670

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 List to Sale Price per Sq Ft
08/02/2012 08/02/12 Sold $1,320,000 -11.9% $565 / Sq Ft
07/18/2012 07/18/12 Pending -- -- --
04/16/2011 04/16/11 For Sale $1,499,000 -- $641 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Christopher Parr

    Seller's Agent in 2012

    Christopher Parr

    Real Brokerage Technologies, Inc

    (949) 293-2395

    19 in this area

    22 Total Sales

    Christopher Parr
    Section Image
  • Jon Flagg

    Buyer's Agent in 2012

    Jon Flagg

    Pacific Sotheby's Int'l Realty

    (949) 554-1200

    5 in this area

    141 Total Sales

    Jon Flagg
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U11001889

California Regional Multiple Listing Service (CRMLS)

APN: 424-462-09

California Orange County Newport Beach 92663 West Newport Beach

4904 Neptune Ave, Newport Beach, CA

This home is located at 4904 Neptune Ave, Newport Beach, CA 92663 since 16 April 2011. This property was built in 1961. 4904 Neptune Ave is a home located in Orange County with nearby schools including Newport Elementary School, Horace Ensign Intermediate School, and Newport Harbor High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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