NOT LISTED FOR SALE
6 Beds
4 Baths
3,096 Sq Ft
3,049 Sq Ft Lot

Last Sold August 01, 2024

Last sale price $4,500,000 $1,453 Per Sq Ft

11 Days on Market

Highlights

  • Corner Lot
  • Laundry Room
  • 1-minute walk to West Newport Park
  • Newport Elementary School Rated A

About This Home

As of August 2024

Discover this unique duplex property offering two mirror-image units, each spanning approximately 1,500 square feet of gracious interior living space just one parcel from the sand in West Newport Beach, each with their own 3 car garage. Spacious and keenly designed floorplans, each unit offers three bedrooms with a primary suite on the second level, two well-appointed bathrooms, private outdoor living and entertaining spaces on both levels. The open floor plan allows for a seamless flow throughout each home, while partial ocean views enhance the appeal of the 6301 unit. Each side boasts large storage areas centrally located within the duplex, providing additional space without compromising privacy—no shared walls between units. Every bedroom is equipped with a generous walk-in closet. This property stands out with a higher roof height than most neighboring homes and square footage that can not be duplicated with current building codes enhancing its spacious feel. Located in the highly desired West end of Newport Beach, this property offers easy access to PCH and is close to a variety of amenities, world class surfing, a nearby greenbelt, two pay parking lots, tennis courts, bike lanes, and well acclaimed restaurants. Endless possibilities await at this prime location. Don't miss out on this exceptional investment opportunity!

Last Agent to Sell the Property

Chris Brigandi

Arbor Real Estate Brokerage Phone: 949-910-6005 License #00982965 Listed on: 07/09/2024

Arbor Real Estate

Last Buyer's Agent

Jack Lion

Waterpointe Custom Home Builde License #02161461

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 3,049 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot

Parking

  • 6 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 3,096 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 8 / C
  • Tax Tract Number 709
  • Assessor Parcel Number 04509403
  • $528 per year additional tax assessments

Community Details

Overview

  • 2 Units
  • West Newport Beach Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,000
  • Trash Expense $35
  • Water Sewer Expense $35
  • Operating Expense $3,070
  • Gross Income $148,200
  • Net Operating Income $103,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0

Parking

6

Listing Details

  • Price Per Unit: 2397500
  • Property Attached: Yes
  • Subdivision Name Other: West Newport Beach (WSNB)
  • Water Sewer Expenses: 35.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 04509403
  • Year Built: 1968
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 1453.49

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 35.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 3049.00
  • Lot Size Acres: 0.0700
  • Latitude Manual: 33.62626300

Multi Family

  • Gross Income: 148200.00
  • Gross Scheduled Income: 148200.00
  • Insurance Expense: 3000.00
  • Lot Size Area: 3049.0000 Square Feet
  • Net Operating Income: 103200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 45000.00
  • Rent Control: No
  • Total Expenses: 3070.00

Tax Info

  • Tax Block: C
  • Tax Census Tract: 635.00
  • Tax Lot: 8
  • Tax Tract Number: 709
  • TaxOtherAnnualAssessmentAmount: 528.00

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
08/01/2024 08/01/24 Sold $4,500,000 -6.2% $1,453 / Sq Ft
07/09/2024 07/09/24 For Sale $4,795,000 +29.6% $1,549 / Sq Ft
02/28/2022 02/28/22 Sold $3,700,000 -1.3% $1,195 / Sq Ft
01/28/2022 01/28/22 Pending -- -- --
11/09/2021 11/09/21 For Sale $3,750,000 -- $1,211 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP24138399

California Regional Multiple Listing Service (CRMLS)

APN: 045-094-03