111 39th St, Newport Beach, CA 92663
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111 39th St Newport Beach, CA 92663

$4,395,000
  • 9 Beds
  • 6 Baths
  • 3,218 Sq.Ft.
Pending
$4,395,000 Get Pre-Qualified

Map preview of 111 39th St, Newport Beach, CA 92663

Property Overview: 111 39th St Newport Beach, CA has 9 bedrooms, 6 bathrooms, 3,218 living square feet and 3,624 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Nestled just steps from the beach, this multifamily home is a true gem, rarely found on the peninsula. Its prime beach location offers an unparalleled coastal lifestyle, complete with breathtaking ocean views, stunning sunsets, and the soothing sound of crashing waves. Both units feature expansive living areas, modern amenities, and ample parking on one of the largest lots in the area. With a total of 6 bedrooms and 4 1/2 baths, along with 6 parking spaces and 2 spacious outdoor areas, this duplex truly has it all. Whether used as a single-family home or for generating additional income, this property exudes versatility and coastal charm.The lower unit welcomes you with a formal entry that opens into a spacious and bright floor plan, featuring 3 bedrooms, 2 baths, and an office nook. The spacious kitchen complete with breakfast bar, flows into a large dining area and living room with sliding glass doors leading to a generously sized patio. Upstairs, natural light floods the space, highlighting the hardwood floors and voluminous ceilings. The open floor plan showcases a chef's kitchen with high-end stainless steel appliances, two ovens, a produce sink, ample cabinetry, and counter space. The oversized living has a gas fireplace and both living and dining areas boast vaulted ceilings. Large balcony with plenty of room for outdoor seating and grill. The larger of the two units, it comprises of 3 large bedrooms, 2.5 baths, and a large office. The primary suite features a double-sided fireplace, a spacious walk-in closet, and a separate tub and shower. Direct entrance to the enclosed garage and ample closet space enhance the living experience. Let the photos speak for themselves this property is a coastal haven awaiting its new owners.

Listed by Steven Kirshbaum | BRE #01381800 | The Agency
Last checked: 3 minutes ago | Last updated: April 28th, 2024 | Source CRMLS | DOM: 26
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Home details

Lot Sq. Ft
3,624
HOA Dues
$0/mo
Year built
1963
Garage
2 Car
Property Type:
Multi Family
Status
Pending
MLS#
24369069
City
Newport Beach
County
Orange
Time on Site
47 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $4,600
  • Total Rent: $4,600
  • Pro Forma/Market Rent: $4,600
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $7,500
  • Total Rent: $7,500
  • Pro Forma/Market Rent: $7,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 30
  • Gross Scheduled Income: --
  • Net Operating Income: $138,200
  • Gross Operating Income: $145,200
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 111 39th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central, Fireplace(s), Forced Air
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Inside
Room Information
  • Den, Office, Primary Bathroom, Family Room, Entry, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator, Gas Cooktop, Convection Oven, Built-In, Double Oven, Range Hood, Gas Oven
Interior Features
  • Ceiling Fan(s)
  • Levels: Multi/Split
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Carport, Garage Door Opener, Covered, Attached Carport
Property Information
  • Has View
  • View: Ocean
  • Total # of Units: 2
  • Parcel Number: 42332111
  • Architectural Style: Contemporary
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: South on Balboa Blvd, Right on 39th St.
View more facts & features

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Sale History for 111 39th St

View property's historical transactions
  • April, 2024

  • Apr 10, 2024

    Date

    Pending

    CRMLS: 24369069

    $4,395,000

    Price

  • Mar 15, 2024

    Date

    Active

    CRMLS: 24369069

    $4,395,000

    Price

Tax History for 111 39th St

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

111 39th St is listed 2.33% higher than the median list price for the city of Newport Beach which has a median list price of $4,295,000. The median price per/sqft for Newport Beach is $1,506 and this home is listed at $1365.76 per/sqft which puts the price per square foot 9.31% lower than the median price per square foot for the city of Newport Beach.

About 111 39th St

Detailed summary of property

111 39th St is a multi family located in Newport Beach, CA 92663 and is currently in escrow to be sold. This multi family property offers 9 bedrooms, 6 bathrooms, roughly 3,218 living square feet, and sits on an approximately 3,624 square foot lot. 111 39th St was first listed on ArdentRealEstateGroup.com on March 15, 2024. The homeowner is currently asking $4,395,000. The median priced home in Newport Beach is $4,295,000 with a median price per square foot of $1,506. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is listed 2.33% higher than the median priced home. Local competing homes currently for sale include 916 W Balboa Blvd, 916 W Balboa Blvd and 219 E Bay Ave. While the average home in Newport Beach, CA is selling in 72 days, 111 39th St has a days on market of 26 days. There are currently 266 homes for sale in the Newport Beach real estate market and 196 of them are single family homes while 56 of them are condos and 14 are townhomes. For more information on this home for sale at 111 39th St Newport Beach, CA 92663 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 111 39th St

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
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APN
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The source for these homes facts are from public records.

92663 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$4,195,000
Median List Price/Sq.Ft.
$1,501
Median Sold Price
$1,730,000
Median Sold Price/Sq.Ft.
$979
Total Inventory
86
Median Sale to List Price %
100.87%
Avg Days on Market
34
Loan Type
Conventional (23.08%), FHA (0%), VA (0%), Cash (30.77%), Other (46.15%)

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Related Resources to 111 39th St

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.