Seller's Agent in 2023
Sarah Park
The Ritz Real Estate Inc
(909) 702-5026
2 Total Sales
800 Amigos Way Newport Beach, CA 92660
East Bluff Neighborhood
5
Beds
6
Baths
6,519
Sq Ft
0.3
Acres
Highlights
- 0.3 Acre Lot
- Clubhouse
- Laundry Room
- Eastbluff Elementary School Rated A
- Community Pool
- Bike Trail
About This Home
As of March 2023This pride of ownership, legacy asset, is in an ‘A Location’ next to Big Canyon Country Club, Corona Del Mar High School, Eastbluff Elementary, Our Lady Queen of Angels, and Fashion Island. 800-808 Amigos Way in Newport Beach is a 5-unit complex nestled atop a beautifully landscaped hillside above the street.
Built in 1971, the property offers an excellent unit mix and range of floorplans, including two 2 bed 2.5 bath townhomes, two 2 bed 2 bath units, and one 1 bed 1 bath unit. These spacious units far exceed the average one- and two-bedroom square footage. The one bedroom is over 1,000 square feet and the two bedrooms average 1,378 square feet. Four of the units have fireplaces and each unit has two covered carports with parking storage cabinets. All units have private patios or balconies, separate hot water heaters, and separate gas and electric meters. The property has pitched roofs and a clean on-site laundry room.
The property’s Class A location in Newport Beach puts the property near major retail, educational and employment opportunities. 800-808 Amigos Way is short walk to CDM High School, Marian Bergeson Aquatics Center, and Our Lady Queen of Angels Catholic Church. You can also quickly get to Eastbluff Elementary School, Newport Beach Tennis Club, the nearby Ralphs and CVS shopping center, and the Upper Newport Bay. The property is also conveniently located between Pacific Coast Highway & CA-73, allowing residents to easily access the Southern California region and beyond.
Additionally, the building is less than 5 miles from Balboa Island, the University of California Irvine, Corona Del Mar State Beach, John Wayne Airport, and Fashion Island, which includes nationally recognized and popular local retail stores and eateries. This offering gives an investor the unique opportunity to acquire an asset in a robust and well-located market.
Last Agent to Sell the Property
Mark Bridge, Broker License #01316702 Listed on: 01/02/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1971
Lot Details
- 0.3 Acre Lot
- 1 Common Wall
- Density is 2-5 Units/Acre
HOA Fees
- $87 Monthly HOA Fees
Home Design
- Apartment
Interior Spaces
- 6,519 Sq Ft Home
- 2-Story Property
- Family Room with Fireplace
Kitchen
- Gas Oven
- Gas Range
- Microwave
Bedrooms and Bathrooms
- 5 Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Parking
- 10 Parking Spaces
- 10 Carport Spaces
- Parking Available
- Assigned Parking
Outdoor Features
- Exterior Lighting
- Rain Gutters
Location
- Suburban Location
Utilities
- Natural Gas Connected
- Water Heater
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 15
- Tax Tract Number 5425
- Assessor Parcel Number 44010105
- $1,254 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 5 Units
- East Bluff Apartment Owners Association
- Regent Services HOA
Amenities
- Clubhouse
- Laundry Facilities
Recreation
- Community Pool
- Water Sports
- Bike Trail
Building Details
- 5 Leased Units
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $449
- Fuel Expense $340
- Gardener Expense $1,800
- Insurance Expense $3,114
- Maintenance Expense $2,500
- Pest Control $828
- Professional Management Expense $1,048
- Water Sewer Expense $2,624
- New Taxes Expense $43,253
- Operating Expense $55,956
- Gross Income $150,960
- Net Operating Income $90,511
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/14/2023 12/14/23 | Rented | $3,950 | 0.0% | -- |
| 10/31/2023 10/31/23 | Price Changed | $3,950 | -4.8% | $3 / Sq Ft |
| 10/31/2023 10/31/23 | Price Changed | $4,150 | -4.6% | $3 / Sq Ft |
| 10/19/2023 10/19/23 | For Rent | $4,350 | 0.0% | -- |
| 03/06/2023 03/06/23 | Sold | $3,600,000 | -10.0% | $552 / Sq Ft |
| 03/01/2023 03/01/23 | Pending | -- | -- | -- |
| 02/06/2023 02/06/23 | Price Changed | $4,000,000 | -5.9% | $614 / Sq Ft |
| 01/02/2023 01/02/23 | For Sale | $4,250,000 | -- | $652 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Sarah Park
-
Mark Bridge
Seller's Agent in 2023
Mark Bridge
Mark Bridge, Broker
(949) 419-3200
1 in this area
51 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC23000475
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.
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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