J
Seller's Agent in 2018
Joan Trout
Compass
(949) 293-4631
10 Total Sales
704 E Oceanfront Newport Beach, CA 92661
Balboa Peninsula Point Neighborhood
4
Beds
3
Baths
2,310
Sq Ft
2,614
Sq Ft Lot
Highlights
- Ocean View
- Open Floorplan
- Living Room Balcony
- Newport Elementary School Rated A
- Wood Flooring
- 2-minute walk to Balboa Peninsula Park
About This Home
As of October 2018Oceanfront Duplex on the Boardwalk by the Balboa Pier. Super location, close to park, restaurants and local shopping. Walk down the boardwalk and you are on the sand. Recent remodel just completed. New kitchens, new flooring, paint, and carpet. Spacious Upper unit features 3 bedroom and 2 baths. Panoramic ocean views and a large deck to watch the sunset. The lower unit is a large 1 bedroom, 1 bath leading directly out to a spacious deck, lovely ocean view. Rare over-sized 4 car tandem garage. Fantastic opportunity for short term weekly rentals. R2 zoning. Located in the heart of Balboa, 1 block to the "Fun Zone", Balboa Island Ferry and beach activity.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1973 | Remodeled
Lot Details
- 2,648 Sq Ft Lot
- No Common Walls
- Density is 2-5 Units/Acre
Parking
- 4 Car Garage
- Tandem Parking
Home Design
- Stucco
Interior Spaces
- 2,310 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Ceiling Fan
- Sliding Doors
- Living Room with Fireplace
- Ocean Views
Kitchen
- Electric Oven
- Electric Cooktop
- Dishwasher
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- Mirrored Closets Doors
- 3 Bathrooms
Laundry
- Laundry Room
- Stacked Washer and Dryer
Outdoor Features
- Living Room Balcony
Utilities
- Wall Furnace
- Electric Water Heater
Listing and Financial Details
- Tax Lot 11
- Tax Tract Number 104
- Assessor Parcel Number 04813511
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Electric Meters
- 1 Separate Water Meter
- Insurance Expense $1,500
- Trash Expense $1,200
- Operating Expense $2,700
- Net Operating Income $89,506
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/18/2018 10/18/18 | Sold | $2,850,000 | -10.8% | $1,234 / Sq Ft |
| 09/30/2018 09/30/18 | Pending | -- | -- | -- |
| 09/26/2018 09/26/18 | For Sale | $3,195,000 | +12.1% | $1,383 / Sq Ft |
| 09/19/2018 09/19/18 | Off Market | $2,850,000 | -- | -- |
| 08/29/2018 08/29/18 | For Sale | $3,195,000 | -- | $1,383 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $33,343 | $3,051,108 | $3,051,108 | -- |
| 2024 | $33,343 | $3,116,890 | $2,991,283 | $125,607 |
| 2023 | $32,562 | $3,055,775 | $2,932,630 | $123,145 |
| 2022 | $32,022 | $2,995,858 | $2,875,127 | $120,731 |
| 2021 | $31,409 | $2,937,116 | $2,818,752 | $118,364 |
| 2020 | $31,107 | $2,907,000 | $2,789,849 | $117,151 |
| 2019 | $30,464 | $2,850,000 | $2,735,146 | $114,854 |
| 2018 | $5,336 | $429,875 | $337,970 | $91,905 |
| 2017 | $5,303 | $421,447 | $331,344 | $90,103 |
| 2016 | $5,191 | $413,184 | $324,847 | $88,337 |
| 2015 | $5,161 | $406,978 | $319,967 | $87,011 |
| 2014 | $5,035 | $399,006 | $313,699 | $85,307 |
Source: Public Records
Agents Affiliated with this Home
-
Joan Trout
-
David DeRuyter
Buyer's Agent in 2018
David DeRuyter
Realty ONE Group West
(951) 415-0947
26 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP18210558
APN: 048-135-11
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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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