$1,800,000
SOLD NOV 4, 2025
3 Beds
2 Baths
1,050 Sq Ft
$250/mo HOA Fee

Recently Sold

$1,714 Per Sq Ft

13% Above List Price

21 Days on Market

Highlights

  • Updated Kitchen
  • Open Floorplan
  • Property is near public transit
  • Newport Elementary School Rated A
  • Cape Cod Architecture
  • Wood Flooring

About This Home

As of November 2025

**Turnkey Short-Term Rental Opportunity with Transferable Newport Beach STR Permit!** Rarely available, this fully remodeled 3 bed / 2 bath lower-level condo is being sold as an active and established short-term rental, complete with a coveted transferable Newport Beach short-term rental permit—making it a true plug-and-play investment. Purchase price includes all furnishings, linens, dishes, toys games and supplies needed for ongoing operation. The upcoming Thanksgiving and Christmas holidays have been peak rental periods, complete the permit transfer and start cash flowing. This home emphasizes traditional beach charm with modern amenities and upgrades from a complete 2014–2015 renovation. The upgrades include energy-efficient windows, custom built-ins, a stone-faced gas fireplace with slate hearth, and smart heating powered by Nest. The kitchen features white soft-close cabinetry, stone backsplash, leather-finished granite countertops, a center breakfast and dining island and stainless steel appliances, all accented by engineered hardwood flooring. Bedrooms include new closet organizers, custom doors, and ceiling fans. Bathrooms are upgraded with porcelain tile, rock accents, glass curved shower doors, mold-resistant drywall, and water-efficient fixtures. Additional highlights include a nearly new washer/dryer, a two-car tandem garage with storage, and a spacious corner-lot patio perfect for entertaining. The location is unbeatable—just steps to the sand, across from Lido Marina Village and the Lido House Hotel, offering guests walkable access to Newport’s best dining, shopping, and nightlife.

Last Agent to Sell the Property

David Jervis

Coldwell Banker Realty Brokerage Phone: 562-754-6009 License #00909394 Listed on: 09/16/2025

Coldwell Banker Realty

Last Buyer's Agent

Baylee Leavitt

Seven Eight Realty License #02098105

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,814

Year Built

  • Built in 1981 | Remodeled

Lot Details

  • No Common Walls
  • Wood Fence
  • Fence is in good condition
  • Rectangular Lot

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door
  • Garage Door Opener
  • No Driveway

Home Design

  • Cape Cod Architecture
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Lap Siding
  • Copper Plumbing

Interior Spaces

  • 1,050 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furnished
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Double Door Entry
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Center Hall
  • Neighborhood Views

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Free-Standing Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Pots and Pans Drawers
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Patio
  • Exterior Lighting
  • Outdoor Grill
  • Front Porch

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 7001
  • Assessor Parcel Number 93984001
  • $389 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • Master Insurance
  • 2 Units

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,814

Year Built

Built in 1981 | Remodeled

Lot Details

0

HOA Fees

$250 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: All furnishings, linens, dishes, appliances, toys, beach equipment, bicycles, games and accessories and supplies.
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Architectural Style: Cape Cod
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93984001
  • Year Built: 1981
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1050.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Copper Plumbing Full, Crown Molding, Furnished, Granite Counters, Open Floorplan, Recessed Lighting, Storage
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Double Door Entry
  • Eating Area: Breakfast Counter / Bar, In Kitchen, In Living Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1714.29
  • Room Type: All Bedrooms Down, Center Hall, Kitchen, Laundry, Living Room, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower In Tub, Exhaust Fan(s), Granite Counters, Remodeled, Upgraded
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Barbecue Private, Lighting
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Good Condition, Wood
  • Patio And Porch Features: Concrete, Patio, Front Porch, Slab
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Lap Siding, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear, Garage - Single Door, Garage Door Opener, No Driveway
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Microwave, Range Hood, Refrigerator, Vented Exhaust Fan
  • Electric: Standard
  • Heating Type: Central, Forced Air
  • Laundry Features: Dryer Included, Gas & Electric Dryer Hookup, In Closet, Stackable, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance
  • Association Fee: 250.00
  • Association Fee Frequency: Monthly
  • Association Name: owner
  • Phone: (123)456-7890
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Storm Drains, Street Lights, Suburban
  • Association Management: self

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Rectangular Lot, Near Public Transit
  • Lot Size Sq Ft: 2786.00
  • Lot Size Acres: 0.0640

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2786.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 07001
  • TaxOtherAnnualAssessmentAmount: 388.56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2025
Closed on
Oct 15, 2025
Sold by
Audley Trina M and Tresa Marie Holloway 2011 Trust
Bought by
Driftwood Dreams 949 Llc
Seller's Agent
David Jervis
Coldwell Banker Realty
Buyer's Agent
Baylee Leavitt
Seven Eight Realty
List Price
$1,599,999
Sold Price
$1,800,000
Premium/Discount to List
$200,001
12.5%
Views
37

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-71.60%
Original Mortgage
$1,350,000
Outstanding Balance
$1,350,000
Interest Rate
6.26%
Mortgage Type
New Conventional
Estimated Equity
$298,184

Purchase Details

Closed on
Dec 16, 2019
Sold by
Mallon Jennifer L and Lyons Jennifer L
Bought by
Holloway Tresa M and The Tresa Marie Holloway 2011

Purchase Details

Closed on
Dec 13, 2019
Sold by
Lyons David J and Lyons Kathryn F
Bought by
Mallon Jennifer L

Purchase Details

Closed on
Feb 27, 2015
Sold by
Lyons Jennifer L
Bought by
Lyons Jennifer L and Lyons David J

Purchase Details

Listed on
Apr 21, 2014
Closed on
Jun 27, 2014
Sold by
Ross William Lawrence
Bought by
Lyons Jennifer L and Cogsdill Amanda G
Seller's Agent
David Prince
Arbor Real Estate
Buyer's Agent
Angela Mastromonico
Coldwell Banker Realty
List Price
$825,000
Sold Price
$700,000
Premium/Discount to List
-$125,000
-15.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.87%
Original Mortgage
$625,400
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2005
Sold by
Ross William Lawrence and Ross Jacqueline Marie
Bought by
Ross William Lawrence and The William Lawrence Ross & Jacqueline M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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 Type Sale Price Title Company
Grant Deed $1,800,000 Equity Title Company
Grant Deed $1,190,000 First American Title Company
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer $167,000 None Available
Grant Deed $700,000 Equity Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,350,000 New Conventional
Previous Owner $625,400 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/04/2025 11/04/25 Sold $1,800,000 +12.5% $1,714 / Sq Ft
10/07/2025 10/07/25 Pending -- -- --
09/16/2025 09/16/25 For Sale $1,599,999 +128.6% $1,524 / Sq Ft
08/12/2014 08/12/14 Sold $700,000 -6.7% $750 / Sq Ft View Prior Sale
06/23/2014 06/23/14 Pending -- -- --
06/17/2014 06/17/14 Price Changed $749,900 -3.9% $804 / Sq Ft
05/24/2014 05/24/14 Price Changed $780,000 -5.5% $836 / Sq Ft
04/21/2014 04/21/14 For Sale $825,000 0.0% $884 / Sq Ft
06/01/2013 06/01/13 Rented $2,500 0.0% --
05/29/2013 05/29/13 Under Contract -- -- --
02/04/2013 02/04/13 For Rent $2,500 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $13,814 $1,301,437 $1,200,663 $100,774
2024 $13,814 $1,275,919 $1,177,120 $98,799
2023 $13,489 $1,250,901 $1,154,039 $96,862
2022 $13,263 $1,226,374 $1,131,411 $94,963
2021 $13,010 $1,202,328 $1,109,227 $93,101
2020 $8,455 $769,255 $675,279 $93,976
2019 $8,285 $754,172 $662,038 $92,134
2018 $8,048 $739,385 $649,057 $90,328
2017 $7,905 $724,888 $636,331 $88,557
2016 $7,729 $710,675 $623,854 $86,821
2015 $7,668 $700,000 $614,483 $85,517
2014 $2,629 $740,000 $660,000 $80,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25218523

California Regional Multiple Listing Service (CRMLS)

APN: 939-840-01