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115 34Th St, Newport Beach, CA 92663
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115 34Th St Newport Beach, CA 92663

$3,850,000 Sold Price as of 03/02/2022
  • 7 Beds
  • 5 Baths
  • 3,656 Sq.Ft.
Sold
$3,850,000 Sold Price as of 03/02/2022 Refinance Your Mortgage
Map preview of 115 34Th St, Newport Beach, CA 92663

Property Overview: 115 34Th St Newport Beach, CA has 7 bedrooms, 5 bathrooms, 3,656 living square feet and 3,049 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Well maintained, third from sand, property on a larger 3,049 sq ft lot. Largest Oceanaire model with 3,656 sq ft of living space. Lower unit #A is 3 bed 2 baths and the upper unit #B is 4 bed 3 baths. Rooftop deck and central air conditioning throughout. Shared laundry room. Side of the property has always been used as a parking driveway along with a two car garage with storage lockers. Latest interior remodels were done in 2017 for unit #A and 2018 for unit #B. All exterior trim was repaired/replaced and completely painted in 2021. Both unit are currently being rented as short term rentals with excellent booking history. This property comes fully furnished and is a turn key income investment or use it as your own paradise home. Verify with the city for transfer of short term rental permits. Quoted square footed per tax records.

Listed by Steve Schloeder | BRE #00612682 | Bonanza Realty
Last checked: 13 minutes ago | Last updated: May 25th, 2022 | Source CRMLS | DOM: 4

Home details

Lot Sq. Ft
3,049
HOA Dues
$0/mo
Year built
1963
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
SB22001892
City
Newport Beach
County
Orange
Time on Site
842 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $6,986
  • Total Rent: $6,986
  • Pro Forma/Market Rent: $6,986
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $7,234
  • Total Rent: $7,234
  • Pro Forma/Market Rent: $7,234
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $170,649
  • Net Operating Income: $162,501
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $8,148
  • Electric: $2,400
  • Gas/Fuel: $850
  • Licenses: $450
  • Trash: $1,140
  • Insurance: $1,749
  • Water/Sewer: $1,560

Virtual Tour

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Property Details for 115 34Th St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Common Area
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 2
  • Parcel Number: 42333311
  • Year Built Source: Assessor
  • Property is Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: West Newport Beach (WSNB)
  • Directions: One property east of Seashore Dr on 34th Street
Neighborhood Information
  • Community Features: Biking, Watersports, Sidewalks
View more facts & features

Local Newport Beach Agent

Sale History for 115 34Th St

Last leased for $2,550 on May 24th, 2022

  • April, 2022

  • Apr 8, 2022

    Date

    Price Change

    CRMLS: NP22053873

    $2,750

    Price

  • Listing provided courtesy of CRMLS

    11.5 MONTHS LEASE TERM AND RENEWAL AVAILABLE AFTER THAT. THE PROPERTY IS AVAILABLE UNFURNISHED (SEE PICTURES) Desirable Back Studio second level unit with one car garage space. Turn key and ready to move in (Furnished or unfurnished). Bright and open studio just behind the front row of homes on the sand. Laminated flooring, stone kitchen countertops and bathroom. Conveniently located near restaurants, grocery store, boardwalk access and the beautiful Newport beaches! THIS PROPERTY IS NOT AVAILABLE FOR SHORTER TERM THAN ADVERTISED.

  • March, 2022

  • Mar 3, 2022

    Date

    Sold

    CRMLS: SB22001892

    $3,850,000

    Price

  • March, 1994

  • Mar 8, 1994

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 115 34Th St

Assessed Value (2020): $659,899
Year Land Value Improved Value Assessed Value
2020 $560,914 $98,985 $659,899

Home Value Compared to the Market

This property vs the competition

115 34Th St sold on March 2, 2022 for 42.8% higher than the current median sold price for the city of Newport Beach which is $2,626,000. The median sold price per/sqft for Newport Beach is $1,073 and this home is sold at $1025.71 per/sqft which puts the price per square foot 4.41% lower than the current median sale per square foot for the city of Newport Beach.

About 115 34Th St

Detailed summary of property

115 34Th St is a duplex that recently sold in Newport Beach, CA 92663. This duplex offered 7 bedrooms, 5 bathrooms, roughly 3,656 living square feet, and sits on an approximately 3,049 square foot lot. 115 34Th St was first listed on ArdentRealEstateGroup.com on January 7, 2022. The homeowner sold the property for $3,850,000. Home in Newport Beach are selling for a median price of $2,626,000 and a median price per square foot of $1,073. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is sold 42.8% higher than the current median priced home. Local homes that are currently for sale include 219 E Bay Ave, 164 Walnut St and 124 Pearl Ave. While the average home in Newport Beach, CA is selling in 72 days, 115 34Th St has a days on market of 4 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 115 34Th 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 115 34Th St

Public county record property details
Beds
--
Baths
--
Year built
1963
Sq. Ft.
1,327
Lot Size
2,982
Stories
--
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Orange
Lot#
9
APN
423-333-11

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%)

Thinking of Selling?

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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.

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