NOT LISTED FOR SALE

4910 Neptune Ave Newport Beach, CA 92663

West Newport Beach Neighborhood
8 Beds
7 Baths
3,500 Sq Ft
4,069 Sq Ft Lot

Last Sold May 29, 2015

Last sale price $2,150,000 $614 Per Sq Ft

78 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Ocean Side of Highway 1
  • Newport Elementary School Rated A
  • Two Primary Bedrooms
  • Dual Staircase

About This Home

As of May 2015

Want to live close to the beach? Want a great investment property? This incredible extra large corner lot duplex is 3 houses from the sand and priced aggressively to sell. Upstairs there are 5 bedrooms plus a huge game/family room or ??? Downstairs is a 3 bedroom plus den. Think of all of the possibilities for this property and there are many. A 4-car garage satisfies any concerns about parking. Floor plans are being drawn to help you in configuring the property to your needs. Don’t let this great opportunity pass you by.

Last Agent to Sell the Property

Barbara Amstadter

Barbara Amstadter, Broker License #00916704 Listed on: 11/19/2014

Last Buyer's Agent

Harold Parker

Villa Real Estate License #01368199

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 4,069 Sq Ft Lot
  • Property fronts a highway
  • 1 Common Wall
  • Southwest Facing Home
  • Vinyl Fence
  • Corner Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Front Yard

Parking

  • 3 Car Garage
  • 1 Attached Carport Space
  • Parking Storage or Cabinetry
  • Parking Available
  • Side by Side Parking
  • Single Garage Door
  • Garage Door Opener
  • Driveway
  • Parking Lot
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Property Attached
  • Turnkey
  • Block Foundation
  • Slab Foundation
  • Slate Roof
  • Tile Roof
  • Common Roof

Interior Spaces

  • 3,500 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Furnished
  • Dual Staircase
  • Built-In Features
  • Bar
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Window Screens
  • Sliding Doors
  • Great Room with Fireplace
  • Separate Family Room
  • Living Room with Fireplace
  • Home Office
  • Bonus Room with Fireplace
  • Game Room with Fireplace
  • Ocean Views

Kitchen

  • Self-Cleaning Oven
  • Six Burner Stove
  • Gas Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Portable Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Halls are 48 inches wide or more
  • Doors swing in
  • Doors are 32 inches wide or more
  • More Than Two Accessible Exits
  • Low Pile Carpeting
  • Accessible Parking

Outdoor Features

  • Property has ocean access
  • Ocean Side of Highway 1
  • Living Room Balcony
  • Exterior Lighting

Location

  • Property is near public transit

Utilities

  • Central Heating
  • Vented Exhaust Fan
  • ENERGY STAR Qualified Water Heater
  • Propane Water Heater
  • Shared Septic

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 670
  • Assessor Parcel Number 42446212

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $3,500
  • Trash Expense $100
  • New Taxes Expense $24,500
  • Gross Income $12,500
  • Net Operating Income $15,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Parking

3

Listing Details

  • CapRate: 6.80
  • Property Attached: Yes
  • Road Frontage Type: City Street, Highway
  • Road Surface Type: Alley Paved, Maintained
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s)
  • View: Yes
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 42446212
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: 2 Staircases, Bar, Built-in Features, Balcony, Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, Furnished, Granite Counters, Living Room Balcony, Partially Furnished, Stone Counters, Wet Bar
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile, Wood
  • Accessibility Features: 2+ Access Exits, 32 Inch Or More Wide Doors, 48 Inch Or More Wide Halls, Doors - Swing In, Low Pile Carpeting, Parking
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Fireplace Features: Bonus Room, Game Room, Great Room, Living Room
  • Levels: Two
  • Price Per Square Foot: 614.29
  • Room Type: Bonus Room, Den, Family Room, Great Room, Living Room, Master Bedroom, Main Floor Bedroom, Main Floor Master Bedroom, Separate Family Room, Office, Two Masters
  • Window Features: Insulated Windows, Screens

Exterior Features

  • Direction Faces: Southwest
  • Foundation: Block, Slab
  • Exterior Features: Lighting
  • View: Ocean
  • Fencing: Vinyl
  • Pool Private: No
  • Roof: Common Roof, Slate, Tile

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned, Attached Carport, Asphalt, Driveway, Garage, Garage Door Opener, Off Street, On Site, Oversized, Parking Space, Side by Side, Garage - Single Door, Built-In Storage
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Self Cleaning Oven, Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Freezer, Disposal, Gas Cooktop, Ice Maker, Microwave, Portable Dishwasher, Propane Water Heater, Refrigerator, Self Cleaning Oven, Vented Exhaust Fan, Water Line to Refrigerator
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Shared Septic
  • Trash Expense: 100.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Front Yard, Level with Street, Paved, Corner Lot, Near Public Transit
  • Lot Size Sq Ft: 4069.00
  • Lot Size Acres: 0.0930

Multi Family

  • Gross Income: 12500.00
  • Gross Scheduled Income: 162000.00
  • Insurance Expense: 3500.00
  • Lot Size Area: 4069.0000 Square Feet
  • Net Operating Income: 15000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number Wall A C: 2
  • Number With Carpet: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Drapes: 2
  • Number With Patio: 1
  • Number With Refrigerator: 2
  • Operating Expense: 33000.00
  • Rent Control: No
  • Total Actual Rent: 162000.00
  • Vacancy Allowance: 27300
  • Waterfront Features: Ocean Access, Ocean Side Of Highway 1

Tax Info

  • New Taxes Expense: 24500.00
  • Tax Lot: 7
  • Tax Tract Number: 670
  • Tax Year: 2013

Range of Values:

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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 Change Sq Ft Price
05/29/2015 05/29/15 Sold $2,150,000 -2.3% $614 / Sq Ft
02/05/2015 02/05/15 Pending -- -- --
11/19/2014 11/19/14 For Sale $2,200,000 +25.7% $629 / Sq Ft
06/11/2012 06/11/12 Sold $1,750,000 -4.4% $500 / Sq Ft
06/01/2012 06/01/12 Pending -- -- --
02/09/2012 02/09/12 For Sale $1,830,000 -- $523 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2015

    Barbara Amstadter

    Barbara Amstadter, Broker

    (949) 500-0155

    2 Total Sales

    Barbara Amstadter
    Section Image

  • H

    Buyer's Agent in 2015

    Harold Parker

    Villa Real Estate

  • John Zarvos

    Seller's Agent in 2012

    John Zarvos

    Viking Real Estate and Inv.

    (949) 212-3717

    1 in this area

    6 Total Sales

    John Zarvos
    Section Image
  • John Stanaland

    Buyer's Agent in 2012

    John Stanaland

    DOUGLAS ELLIMAN OF CALIFORNIA, INC.

    (949) 689-9047

    2 in this area

    191 Total Sales

    John Stanaland
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP14245163

California Regional Multiple Listing Service (CRMLS)

APN: 424-462-12

California Orange County Newport Beach 92663 West Newport Beach

4910 Neptune Ave, Newport Beach, CA

This home is located at 4910 Neptune Ave, Newport Beach, CA 92663 since 19 November 2014. This property was built in 1970. 4910 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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