121 Marine Ave, Newport Beach, CA 92662
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121 Marine Ave Newport Beach, CA 92662

$2,560,000 Sold Price as of 07/10/2023
  • 4 Beds
  • 2.75 Baths
  • 1,633 Sq.Ft.
Sold
$2,560,000 Sold Price as of 07/10/2023 Refinance Your Mortgage

Map preview of 121 Marine Ave, Newport Beach, CA 92662

Property Overview: 121 Marine Ave Newport Beach, CA has 4 bedrooms, 2.75 bathrooms, 1,633 living square feet and 2,614 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: PRICE REDUCED $200,000 on this Charming Balboa Island Duplex, Circa 1932. The main cottage showcases 3 bedrooms, 2 baths, a den, beautiful fir wood floors, and a sunny front patio. The private rear 1 bedroom, 1 bath cottage is over the garage area and features a generous living space with updated kitchen, windows, flooring, and lighting. There are 2 single-car garages, each with separate laundry facilities, plus a parking space behind the garage. Steps from both the South Bayfront and the Island Village, 121 Marine provides endless opportunities to enjoy the best of Balboa Island!

Listed by Donald Abrams | BRE #01234323 | Abrams Coastal Properties
Last checked: 3 minutes ago | Last updated: July 11th, 2023 | Source CRMLS | DOM: 129

Home details

Lot Sq. Ft
2,614
HOA Dues
$0/mo
Year built
1932
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
NP23017678
City
Newport Beach
County
Orange
Time on Site
442 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 0
  • # 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: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $5,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 121 Marine Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Forced Air, Wall Furnace
Laundry Information
  • Has Laundry
  • In Garage
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Laminate, Wood
  • Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom
Kitchen Information
  • Has Appliances
  • Gas Oven, Gas Range, Gas Cooktop
Interior Features
  • Levels: Two
  • Window Features: Double Pane Windows
Exterior Features
Exterior Information
  • Roof: Asbestos Shingle
  • Has Fence
  • Brick, Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Garage - Two Door
Lot Information
  • Lot Features: Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 05017221
  • Year Built Source: Public Records
  • Architectural Style: Cape Cod
  • Foundation Details: Brick/Mortar
  • Property is Attached
  • Accessibility Features: None
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Island - Main Island (BALM)
  • Directions: Marine Avenue to 121 Marine
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Biking, Watersports, Sidewalks, Street Lights
View more facts & features

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Sale History for 121 Marine Ave

Last sold for $2,560,000 on July 10th, 2023
  • July, 2023

  • Jul 10, 2023

    Date

    Sold

    CRMLS: NP23014357

    $2,560,000

    Price

  • Jan 31, 2023

    Date

    Active

    CRMLS: NP23014357

    $2,995,000

    Price

  • Listing provided courtesy of CRMLS

    Charming Balboa Island Duplex, Circa 1932. The main cottage showcases 3 bedrooms, 2 baths, a den, beautiful fir wood floors, and a sunny front patio. The private rear 1 bedroom, 1 bath cottage is over the garage area and features a generous living space with updated kitchen, windows, flooring, and lighting. There are 2 single-car garages, each with separate laundry facilities, plus a parking space behind the garage. Steps from both the South Bayfront and the Island Village, 121 Marine provides endless opportunities to enjoy the best of Balboa Island!

  • July, 2023

  • Jul 10, 2023

    Date

    Sold

    CRMLS: NP23017678

    $2,560,000

    Price

  • Feb 1, 2023

    Date

    Active

    CRMLS: NP23017678

    $2,995,000

    Price

  • August, 2022

  • Aug 11, 2022

    Date

    Leased

    CRMLS: NP22173928

    $3,200

    Price

  • Aug 7, 2022

    Date

    Active

    CRMLS: NP22173928

    $3,300

    Price

  • Listing provided courtesy of CRMLS

    Ready to call Balboa Island home?! The island is truly a "happy place". This is a rear 1 bedroom unit above the garage and includes all utilities paid for by owner! Nicely updated and clean. Fridge, gas stove, dishwasher, washer and dryer included as well. Huge bonus... Includes off-street/garage parking! Month to month lease only. Unfurnished.

  • May, 2022

  • May 17, 2022

    Date

    Leased

    CRMLS: NP22099394

    $3,300

    Price

  • May 11, 2022

    Date

    Active

    CRMLS: NP22099394

    $3,500

    Price

  • Listing provided courtesy of CRMLS

    Ready to call Balboa Island home?! The island is truly a "happy place". This is a rear 1 bedroom unit above garage and includes all utilities paid for by owner! Nicely updated and clean. Fridge, gas stove, dishwasher, washer and dryer included as well. Huge bonus... Includes off-street/garage parking! Month to month lease only. Unfurnished.

  • February, 2022

  • Feb 5, 2022

    Date

    Leased

    CRMLS: NP22021676

    $3,250

    Price

  • Feb 5, 2022

    Date

    Active

    CRMLS: NP22021676

    $3,250

    Price

  • Listing provided courtesy of CRMLS

    Ready to call Balboa Island home?! The island is truly a "happy place". This is a rear 1 bedroom unit above garage and includes all utilities paid for by owner! Nicely updated and clean. Fridge, gas stove, dishwasher, washer and dryer included as well. Huge bonus... Includes off-street/garage parking! Month to month lease available. Unfurnished.

  • January, 2022

  • Jan 24, 2022

    Date

    Leased

    CRMLS: NP22000456

    $3,250

    Price

  • Jan 2, 2022

    Date

    Active

    CRMLS: NP22000456

    $3,500

    Price

  • Listing provided courtesy of CRMLS

    Ready to call Balboa Island home?! The island is truly a "happy place". This is a rear 1 bedroom unit above garage and includes all utilities paid for by owner! Nicely updated and clean. Fridge, gas stove, dishwasher, washer and dryer included as well. Huge bonus... Includes off-street/garage parking! Month to month lease available. Unfurnished.

  • July, 2017

  • Jul 27, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • July, 2017

  • Jul 27, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 121 Marine Ave

Assessed Value (2020): $503,423
Year Land Value Improved Value Assessed Value
2020 $463,149 $40,274 $503,423

Home Value Compared to the Market

This property vs the competition

121 Marine Ave sold on July 10, 2023 for 6.44% 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 $1711.57 per/sqft which puts the price per square foot 59.51% higher than the current median sale per square foot for the city of Newport Beach.

About 121 Marine Ave

Detailed summary of property

121 Marine Ave is a duplex that recently sold in Newport Beach, CA 92662. This duplex offered 4 bedrooms, 2.75 bathrooms, roughly 1,633 living square feet, and sits on an approximately 2,614 square foot lot. 121 Marine Ave was first listed on ArdentRealEstateGroup.com on February 1, 2023. The homeowner sold the property for $2,560,000. 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 6.44% higher than the current median priced home. Local homes that are currently for sale include 150 Cecil Pl, 1924 Maple Ave and 353 Hamilton St. While the average home in Newport Beach, CA is selling in 76 days, 121 Marine Ave has a days on market of 129 days. There are currently 259 homes for sale in the Newport Beach real estate market and 190 of them are single family homes while 54 of them are condos and 15 are townhomes. For more information on this home for sale at 121 Marine Ave Newport Beach, CA 92662 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 121 Marine Ave

Public county record property details
Beds
--
Baths
--
Year built
1932
Sq. Ft.
1,745
Lot Size
2,621
Stories
2
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
13
APN
050-172-21

The source for these homes facts are from public records.

92662 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$3,995,000
Median List Price/Sq.Ft.
$2,362
Median Sold Price
$5,950,000
Median Sold Price/Sq.Ft.
$2,288
Total Inventory
10
Median Sale to List Price %
100%
Avg Days on Market
0
Loan Type
Conventional (100%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Related Resources to 121 Marine Ave

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.