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122 31St St, Newport Beach, CA 92663
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122 31St St Newport Beach, CA 92663

$2,350,000 Sold Price as of 01/07/2020
  • 6 Beds
  • 5 Baths
  • 2,358 Sq.Ft.
Sold
$2,350,000 Sold Price as of 01/07/2020 Refinance Your Mortgage
Map preview of 122 31St St, Newport Beach, CA 92663

Property Overview: 122 31St St Newport Beach, CA has 6 bedrooms, 5 bathrooms, 2,358 living square feet and 2,178 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Located just a few doors from the surf on Newport’s Balboa Peninsula, this seaside duplex offers the very best in easy, breezy living. The ground-level unit features three bedrooms, three bathrooms, while the second-level unit is home to three bedrooms. On the main floor, the interior of the unit has been beautifully remodeled and updated to include faux hardwood floors, gleaming appliances and finishes in the upgraded chef’s kitchen, and a soothing color palette throughout. Other upgrades to the residence include designer finishes and appointments, statement fixtures, and thoughtful details throughout. Accessible via an exterior front staircase, the second-floor unit welcomes with a large sunny patio with plenty of room for entertaining and relaxing and a peek-a-boo view of the waves beyond. Peaked ceilings with exposed beams lend a bright and airy ambiance to the space, where the great room encompasses a spacious living room and adjacent kitchen with bar seating. Three bedrooms include the en-suite master retreat with high ceilings, walk-in closet, and private balcony. Each unit comes with a parking spot in the detached garage. With a prime location on the peninsula, this coastal retreat is just minutes from all the area has to offer. Fully furnished and ready for rental, this sound investment opportunity awaits.

Listed by Tim Smith | BRE #01346878 | Coldwell Banker Res. Brokerage
Co-listed by Mahlia Rittenhouse | BRE #01920332 | Coldwell Banker Res Brokerage
Last checked: 16 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 121

Home details

Lot Sq. Ft
2,178
HOA Dues
$0/mo
Year built
1976
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
NP19179003
City
Newport Beach
County
Orange
Time on Site
1397 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: 3
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $35,000
  • Total Rent: $35,000
  • Pro Forma/Market Rent: $60,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Furnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $60,000
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
  • New Taxes: $24,000
  • Trash: $0
  • Insurance: $1,200
  • Water/Sewer: $0

Virtual Tour

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Property Details for 122 31St St

Interior Features
Laundry Information
  • Has Laundry
  • In Garage
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: 2
Lot Information
  • Lot Features: Rectangular Lot, Level
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Ocean, Water
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 04708203
  • Year Built Source: Public Records
  • Property is not Attached
  • Offered With Property: All furnishings and interior provisions included.
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Peninsula (Residential) (BALP)
  • Directions: PCH to Newport Blvd, right on 32nd, left on W Balboa, right on 31st
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Newport Beach Agent

Sale History for 122 31St St

Last sold for $2,350,000 on January 7th, 2020

  • January, 2020

  • Jan 8, 2020

    Date

    Sold

    CRMLS: NP19179003

    $2,350,000

    Price

  • Jan 1, 2020

    Date

    Pending

    CRMLS: NP19179003

    $2,495,000

    Price

  • Dec 7, 2019

    Date

    Active Under Contract

    CRMLS: NP19179003

    $2,495,000

    Price

  • Dec 3, 2019

    Date

    Active

    CRMLS: NP19179003

    $2,495,000

    Price

  • Nov 22, 2019

    Date

    Active Under Contract

    CRMLS: NP19179003

    $2,495,000

    Price

  • Oct 9, 2019

    Date

    Price Change

    CRMLS: NP19179003

    $2,495,000

    Price

  • Aug 8, 2019

    Date

    Active

    CRMLS: NP19179003

    $2,549,000

    Price

  • January, 2020

  • Jan 7, 2020

    Date

    Sold (Public Records)

    Public Records

    $2,350,000

    Price

  • May, 2018

  • May 26, 2018

    Date

    Sold

    CRMLS: OC18077456

    $2,140,000

    Price

  • Apr 14, 2018

    Date

    Pending

    CRMLS: OC18077456

    $2,199,000

    Price

  • Apr 5, 2018

    Date

    Active

    CRMLS: OC18077456

    $2,199,000

    Price

  • Listing provided courtesy of CRMLS

    Ocean Close Duplex Located in the Exclusive 100 Block of the Peninsula only 10 Houses from the Sand. Upstairs Unit Features 3 Bedrooms / 2 Bathrooms with Vaulted Ceilings and Large Balcony with Ocean Views. Downstairs Unit has 3 Bedrooms / 2 Bathrooms with newer Kitchen Cabinets and granite Counters. 2 Full Garage Parking Spaces.

  • May, 2018

  • May 25, 2018

    Date

    Sold (Public Records)

    Public Records

    $2,140,000

    Price

Show More

Tax History for 122 31St St

Assessed Value (2020): $2,160,575
Year Land Value Improved Value Assessed Value
2020 $2,074,152 $86,423 $2,160,575

Home Value Compared to the Market

This property vs the competition

122 31St St sold on January 7, 2020 for 32.57% lower than the current median sold price for the city of Newport Beach which is $3,700,000. The median sold price per/sqft for Newport Beach is $1,360 and this home is sold at $1058.1 per/sqft which puts the price per square foot 22.2% lower than the current median sale per square foot for the city of Newport Beach.

About 122 31St St

Detailed summary of property

122 31St St is a duplex that recently sold in Newport Beach, CA 92663. This duplex offered 6 bedrooms, 5 bathrooms, roughly 2,358 living square feet, and sits on an approximately 2,178 square foot lot. 122 31St St was first listed on ArdentRealEstateGroup.com on July 11, 2020. The homeowner sold the property for $2,350,000. Home in Newport Beach are selling for a median price of $3,700,000 and a median price per square foot of $1,360. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is sold 32.57% lower than the current median priced home. Local homes that are currently for sale include 353 Hamilton St, 150 Cecil Pl and 186 Del Mar Ave. While the average home in Newport Beach, CA is selling in 73 days, 122 31St St has a days on market of 121 days. There are currently 275 homes for sale in the Newport Beach real estate market and 208 of them are single family homes while 54 of them are condos and 13 are townhomes. For more information on this home for sale at 122 31St 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 122 31St St

Public county record property details
Beds
--
Baths
--
Year built
1976
Sq. Ft.
13,514
Lot Size
2,249
Stories
2
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
17
APN
047-082-03

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
$4,395,000
Median List Price/Sq.Ft.
$1,557
Median Sold Price
$3,700,000
Median Sold Price/Sq.Ft.
$1,494
Total Inventory
88
Median Sale to List Price %
105.87%
Avg Days on Market
21
Loan Type
Conventional (17.65%), FHA (0%), VA (0%), Cash (47.06%), Other (35.29%)

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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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