NOT LISTED FOR SALE

930 W Balboa Blvd Newport Beach, CA 92661

Central Newport Beach Neighborhood
9 Beds
6 Baths
3,957 Sq Ft
5,000 Sq Ft Lot

Last Sold November 20, 2012

Last sale price $1,815,000 $459 Per Sq Ft

7 Days on Market

Highlights

  • Bungalow
  • Wood Siding
  • No Heating
  • Newport Elementary School Rated A

About This Home

As of November 2012

Terrific 6-plex by the beach with great income. Fully leased, many long-term tenants. Over $50K in recent improvements including remodeled interiors, new entry hardscape & planters, and complete exterior paint job. Large, double lot with 50' of frontage. Alley access w/ 5-car garage--always a premium for tenants. Huge upstairs 'owner-type' unit with private decks and bay & ocean views. All units except studio enjoy fireplaces and vaulted ceilings. One block from West Bay beach and the ocean. Proximity to bike path, shopping & dining. Low vacancy rate with great management in place.

Last Agent to Sell the Property

Grant Bixby

Compass License #01364572 Listed on: 10/22/2012

Compass

Last Buyer's Agent

Michael Brinkman

Coastline Realty License #00926365

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100

Parking

  • 5 Car Garage
  • Public Parking
  • Rear-Facing Garage
  • Assigned Parking
  • Community Parking Structure

Home Design

  • 3,957 Sq Ft Home
  • Bungalow
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stucco

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Utilities

  • No Heating
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 15 / 109
  • Tax Tract Number 515
  • Assessor Parcel Number 04727324

Community Details

Overview

  • 6 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $9,232

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Parking

5

Listing Details

  • Assessments: No
  • View: No
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 04727324
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: Three Or More
  • Price Per Square Foot: 458.68

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: No
  • Parking Features: Assigned, Community Structure, Public, Garage Faces Rear
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Connected
  • Heating: No
  • Laundry: No
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 50x100
  • Lot Size Sq Ft: 5000.00
  • Lot Size Acres: 0.1150

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 9232.00
  • Gross Multiplier: 16.70
  • Gross Scheduled Income: 110780.00
  • Lot Size Area: 5000.0000 Square Feet
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6

Tax Info

  • Tax Area: 07001
  • Tax Block: 109
  • Tax Lot: 15
  • Tax Tract Number: 515

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
11/20/2012 11/20/12 Sold $1,815,000 -1.9% $459 / Sq Ft
10/29/2012 10/29/12 Pending -- -- --
10/22/2012 10/22/12 For Sale $1,850,000 -- $468 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Grant Bixby

    Seller's Agent in 2012

    Grant Bixby

    Compass

    (949) 677-0111

    38 Total Sales

    Section Image

  • M

    Buyer's Agent in 2012

    Michael Brinkman

    Coastline Realty

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U12004094

California Regional Multiple Listing Service (CRMLS)

California Orange County Newport Beach 92661 Central Newport Beach

930 W Balboa Blvd, Newport Beach, CA

This home is located at 930 W Balboa Blvd, Newport Beach, CA 92661 since 22 October 2012. This property was built in 1959. 930 W Balboa Blvd 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

Nearby Homes