NOT LISTED FOR SALE

702 E Oceanfront Newport Beach, CA 92661

Balboa Peninsula Point Neighborhood
5 Beds
5 Baths
3,171 Sq Ft
2,628 Sq Ft Lot

Last Sold July 24, 2018

Last sale price $3,000,000 $946 Per Sq Ft

11 Days on Market

Highlights

  • Ocean View
  • Two Primary Bedrooms
  • Main Floor Primary Bedroom
  • Newport Elementary School Rated A
  • Recreation Room
  • 2-minute walk to Balboa Peninsula Park

About This Home

As of July 2018

This NEWLY REMODELED Luxury Duplex is the LOWEST Priced OCEANFRONT property! Enjoy this Iconic Location, Next to Balboa Pier, walk to Fun Zone, and the Ferry to Balboa Island. Full Ocean View! Zoned for Short Term Rentals which creates amazing Income Potential! Property is completely remodeled with high end materials. Upper unit boasts panoramic Ocean Views, along with view of the famous Balboa Pier. This 3 bdrm. 3 bath unit has spacious open floor plan, with fireplace, flat screen TV and wood grain tile flooring, perfect for beach living. Kitchen has quartz counter tops with stainless steel appliances, along with spacious walk in pantry. Frosted doors through out. Bathrooms have quartz counter tops, and custom tile. Lower unit 2 bdrm 2 bath has same beautiful upgrades and materials. Each unit has new washer/dryer inside. Property has new exterior paint, and new glass railing. Exterior doors are truly a work of art, along with new Custom 3 CAR GARAGE, parking for 5 cars! Come enjoy all this location has to offer! Walk to shops and restaurants, ride bikes along the boardwalk, step out to the sand and ocean! True NB Lifestyle!

Last Agent to Sell the Property

Heather Albertson

Coldwell Banker Realty License #01473898 Listed on: 04/11/2018

Coldwell Banker Realty

Co-Listed By

Kimberlee Drake

Compass License #01068050

Compass

Last Buyer's Agent

Kimberlee Drake

Compass License #01068050

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 2,628 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Attached Garage
  • 1 Open Parking Space

Home Design

  • Duplex

Interior Spaces

  • 3,171 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Recreation Room
  • Ocean Views
  • Walk-In Pantry
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom

Location

  • Urban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 104
  • Assessor Parcel Number 04813510

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 04813510
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3171.00 Square Feet
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 5
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 946.07
  • Room Type: Living Room, Main Floor Master Bedroom, Master Bathroom, Recreation, Two Masters, Walk-In Pantry

Exterior Features

  • View: Ocean
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 2628.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.05
  • Tax Lot: 10
  • Tax Tract Number: 104

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 Change Sq Ft Price
07/24/2018 07/24/18 Sold $3,000,000 -1.6% $946 / Sq Ft
06/05/2018 06/05/18 For Sale $3,050,000 0.0% $962 / Sq Ft
04/22/2018 04/22/18 Pending -- -- --
04/11/2018 04/11/18 For Sale $3,050,000 -- $962 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Heather Albertson

    Seller's Agent in 2018

    Heather Albertson

    Coldwell Banker Realty

    (714) 200-7779

    103 Total Sales

    Heather Albertson
    Section Image
  • Kimberlee Drake

    Seller Co-Listing Agent in 2018

    Kimberlee Drake

    Compass

    (949) 500-7108

    1 in this area

    58 Total Sales

    Kimberlee Drake
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18083295

California Regional Multiple Listing Service (CRMLS)

APN: 048-135-10

California Orange County Newport Beach 92661 Balboa Peninsula Point

702 E Oceanfront, Newport Beach, CA

This home is located at 702 E Oceanfront, Newport Beach, CA 92661 since 11 April 2018. This property was built in 1973. 702 E Oceanfront 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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