$6,101,959 - $7,879,000
RENTED JAN 26, 2025
3 Beds
3 Baths
2,692 Sq Ft
$2,663 Price per Sq Ft

Last Sold December 05, 2019

Last sale price $4,230,000 $1,571 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $41,866/month

Highlights

  • White Water Ocean Views
  • Primary Bedroom Suite
  • Loft
  • Newport Elementary School Rated A
  • Main Floor Primary Bedroom
  • 1-minute walk to Balboa Peninsula Park

About This Home

As of January 2025

Furnished vacation oceanfront home, steps to beach and beautiful sunsets - Enjoy paradise found in this luxury, oceanfront beach home This beautiful home is a visual masterpiece, offering views of the ocean, Balboa Pier, Catalina Island, and beautiful sunsets. You will feel at home from the moment you step through the door. This beautiful home is just a short walk to the Balboa Pier, local shops, great restaurants, the Historic Balboa Fun Zone, Balboa Island Ferry and much more! *available after February 6th.

Last Agent to Rent the Property

Tina Tullett

Tina Tullett Brokerage Phone: 949-432-7174 License #02156807 Listed on: 08/18/2024

Last Renter's Agent

NoEmail NoEmail

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,115

Year Built

  • Built in 2017

Lot Details

  • 1,679 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage

Property Views

  • White Water Ocean
  • Coastline
  • Views of a pier
  • Panoramic
  • Park or Greenbelt
  • Neighborhood

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,692 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Family Room with Fireplace
  • Great Room
  • Living Room
  • Loft

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • 220 Volts in Garage

Listing and Financial Details

  • Security Deposit $27,000
  • Rent includes all utilities
  • 6-Month Minimum Lease Term
  • Available 2/6/25
  • Legal Lot and Block 28 / 14
  • Tax Tract Number 104
  • Assessor Parcel Number 04814338

Community Details

Overview

  • No Home Owners Association
  • Balboa Peninsula Subdivision

Recreation

  • Park
  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,115

Year Built

Built in 2017

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent
  • Available Date: 2025-02-06
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 27000
  • Furnished: Furnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 04814338
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2692.00 Square Feet
  • Stories: 2
  • Entry Location: South
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 10.03
  • Room Type: Family Room, Great Room, Kitchen, Laundry, Living Room, Loft, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Walk-In Closet

Exterior Features

  • View: Coastline, Neighborhood, Ocean, Panoramic, Park/Greenbelt, Pier, Water, White Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Electric: 220 Volts in Garage
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park, Watersports

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 1679.00
  • Lot Size Acres: 0.0385

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 6 Months, Daily, Month To Month, Negotiable, Seasonal, Short Term Lease, Vacation Rental, Weekly
  • Lot Size Area: 1679.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: All Utilities

Tax Info

  • Tax Block: 14
  • Tax Census Tract: 628.00
  • Tax Lot: 28
  • Tax Tract Number: 104

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2019
Closed on
Nov 12, 2019
Sold by
Li Bin
Bought by
Liu Jing
Seller's Agent
Nick Binesh
Binesh Realty
Buyer's Agent
Fei Li
Keller Williams Legacy
List Price
$4,900,000
Sold Price
$4,230,000
Premium/Discount to List
-$670,000
-13.67%
Current Estimated Value
$7,168,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,938,490
Avg. Annual Appreciation
9.44%
Original Mortgage
$2,326,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 13, 2019
Closed on
Nov 6, 2019
Sold by
Analisa Realty Llc
Bought by
Liu Jing
Seller's Agent
Nick Binesh
Binesh Realty
Buyer's Agent
Fei Li
Keller Williams Legacy
List Price
$4,900,000
Sold Price
$4,230,000
Premium/Discount to List
-$670,000
-13.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,326,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2018
Sold by
Analisa Realty Llc
Bought by
Gaff Nazita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,681,000
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 3, 2018
Sold by
Gaff Nazita
Bought by
Analisa Realty Llc

Purchase Details

Listed on
Jun 2, 2014
Closed on
Dec 19, 2014
Sold by
Gaff Nazita R
Bought by
Analisa Realty Llc
Seller's Agent
Gary Rocha
Patriot Real Estate
Buyer's Agent
Nick Binesh
Binesh Realty
List Price
$3,075,000
Sold Price
$2,295,000
Premium/Discount to List
-$780,000
-25.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.02%

Purchase Details

Listed on
Jun 2, 2014
Closed on
Oct 8, 2014
Sold by
Westrem William John and Westrem Sharon
Bought by
Gaff Nazita R
Seller's Agent
Gary Rocha
Patriot Real Estate
Buyer's Agent
Nick Binesh
Binesh Realty
List Price
$3,075,000
Sold Price
$2,295,000
Premium/Discount to List
-$780,000
-25.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,377,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 24, 2013
Sold by
Westrem William John and Westrem Sharon
Bought by
Westrem William John and Westrem Sharon

Purchase Details

Closed on
Dec 28, 2012
Sold by
Westrem Evelyn M
Bought by
Westrem William John
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Liu Jing -- Fidelity Natl Ttl Orange Cnt
Liu Jing $4,230,000 Fidelity Natl Ttl Orange Cnt
Gaff Nazita -- Chicago Title Co
Analisa Realty Llc -- None Available
Analisa Realty Llc -- None Available
Gaff Nazita R $2,295,000 Lawyers Title Company
Westrem William John -- None Available
Westrem William John -- None Available
Westrem William John -- None Available
Westrem Evelyn M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Jing $1,980,000
Closed Liu Jing $2,300,000
Closed Liu Jing $2,326,000
Previous Owner Gaff Nazita $2,681,000
Previous Owner Analisa Realty Llc $2,650,000
Previous Owner Gaff Nazita R $1,377,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2025 01/26/25 Rented $27,000 0.0% --
01/10/2025 01/10/25 Price Changed $27,000 +8.0% $10 / Sq Ft
09/23/2024 09/23/24 Price Changed $25,000 -28.6% $9 / Sq Ft
08/18/2024 08/18/24 For Rent $35,000 0.0% --
12/05/2019 12/05/19 Sold $4,230,000 -10.9% $1,871 / Sq Ft
10/11/2019 10/11/19 Pending -- -- --
08/13/2019 08/13/19 Price Changed $4,750,000 -3.1% $2,101 / Sq Ft
07/13/2019 07/13/19 For Sale $4,900,000 +113.5% $2,167 / Sq Ft
11/18/2014 11/18/14 Sold $2,295,000 -25.4% $1,099 / Sq Ft
09/28/2014 09/28/14 Pending -- -- --
06/02/2014 06/02/14 For Sale $3,075,000 -- $1,473 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $48,115 $4,626,120 $3,791,491 $834,629
2024 $48,115 $4,535,412 $3,717,148 $818,264
2023 $46,993 $4,446,483 $3,644,263 $802,220
2022 $46,218 $4,359,298 $3,572,807 $786,491
2021 $45,330 $4,273,822 $3,502,752 $771,070
2020 $44,896 $4,230,000 $3,466,836 $763,164
2019 $31,710 $2,981,927 $2,316,023 $665,904
2018 $30,391 $2,858,170 $2,270,610 $587,560
2017 $23,508 $2,226,089 $2,226,089 $0
2016 $24,938 $2,329,998 $2,270,841 $59,157
2015 $24,703 $2,295,000 $2,236,731 $58,269
2014 $1,729 $120,152 $83,957 $36,195
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24171283

California Regional Multiple Listing Service (CRMLS)

APN: 048-143-38