$2,825,000
SOLD DEC 24, 2024
5 Beds
3 Baths
1,996 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$1,415 Per Sq Ft

6% Below List Price

28 Days on Market

Highlights

  • Primary Bedroom Suite
  • Main Floor Bedroom
  • 4 Car Attached Garage
  • Newport Elementary School Rated A
  • No HOA
  • 1-minute walk to Balboa Peninsula Park

About This Home

As of December 2024

Discover the perfect coastal investment opportunity with this charming duplex, ideally located just a block from the beach. This spacious property offers two separate units, making it perfect for both investors and those looking to enjoy the beach lifestyle while generating rental income. The upstairs unit features 3 bedrooms and 2 bathrooms. It also features vaulted ceilings, upgraded surfaces and a private balcony on both the front and rear of the property. The downstairs unit offers 2 bedrooms and 1 bathroom and a private covered patio, making it a cozy retreat with easy access to all the area has to offer. A standout feature of this property is the rare 4-car tandem parking, ensuring convenience for both residents and guests. The lot spans 2,614 square feet, with a living area of 1,996 square feet across both units. Located only feet from the beach, Balboa Pier, Fun Zone, and the ferry to Balboa Island, this duplex offers an unbeatable lifestyle with endless entertainment, dining, and shopping options. Whether you're looking to live in one unit and rent the other, or capitalize on a full rental opportunity, this property is a rare find in a highly sought-after location. Don't miss your chance to own a piece of coastal paradise.

Last Agent to Sell the Property

Troy Seeber

Compass Brokerage Phone: 949-630-8108 License #02002512 Listed on: 11/05/2024

Compass

Co-Listed By

Carter Kaufman

Compass Brokerage Phone: 949-630-8108 License #01968622

Last Buyer's Agent

Troy Seeber

Compass Brokerage Phone: 949-630-8108 License #02002512 Listed on: 11/05/2024

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 2,614 Sq Ft Lot
  • 1 Common Wall
  • Level Lot

Parking

  • 4 Car Attached Garage

Home Design

  • Duplex

Interior Spaces

  • 1,996 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Vinyl Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Natural Gas Connected
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Balboa Peninsula Subdivision

Listing and Financial Details

  • Legal Lot and Block 3 / 14
  • Tax Tract Number 104
  • Assessor Parcel Number 04814302
  • $528 per year additional tax assessments

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Parking

4

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: No
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 04814302
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1996.00 Square Feet
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Eating Area: Area
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1415.33
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Suite
  • Bathroom Features: Shower, Shower In Tub, Main Floor Full Bath, Walk-In Shower

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Appliances: Electric Cooktop, Disposal
  • Electric: Standard
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 2614.00
  • Lot Size Acres: 0.0600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2614.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 14
  • Tax Census Tract: 628.00
  • Tax Lot: 3
  • Tax Tract Number: 104
  • TaxOtherAnnualAssessmentAmount: 528.00

Range of Values:

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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
12/24/2024 12/24/24 Sold $2,825,000 0.0% $1,415 / Sq Ft
12/24/2024 12/24/24 Sold $2,825,000 -5.7% $1,415 / Sq Ft
11/05/2024 11/05/24 For Sale $2,995,000 0.0% $1,501 / Sq Ft
11/05/2024 11/05/24 For Sale $2,995,000 -- $1,501 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24227123

California Regional Multiple Listing Service (CRMLS)

APN: 048-143-02