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127 24Th St, Newport Beach, CA 92663
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127 24Th St Newport Beach, CA 92663

$1,799,900 Sold Price as of 05/26/2021
  • 2 Beds
  • 3 Baths
  • 1,628 Sq.Ft.
Sold
$1,799,900 Sold Price as of 05/26/2021 Refinance Your Mortgage
Map preview of 127 24Th St, Newport Beach, CA 92663

Property Overview: 127 24Th St Newport Beach, CA has 2 bedrooms, 3 bathrooms, 1,628 living square feet and 1,750 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Location, location, location, this charming property is in the heart of the Newport Beach Peninsula on the ocean side of Balboa Blvd., just steps from the sand. You’re in a walker’s paradise where no car is needed and most daily errands or activities can be accomplished on foot because of the numerous coffee shops, restaurants, grocery stores, shopping, the pier and beach activities nearby. Plenty of free parking surrounds the area including 24th Street itself, the city offers several parking-permits options, plus there’s a surplus of metered lots within an easy stroll. Professionally decorated with 5-star reviews you’ll enjoy exceptional detail throughout. These bright and cheery vacation units are consistently in high demand all year. Extended leases are 31+ days with a historical average of 31-90 days. Tenants from all over the world return year after year. Zoned R1 as a legal, non-conforming grandfathered duplex, there's 3 separate private entrances: Front unit 670+/- sf 1bedroom/1 bath; Back lower unit 500+/- sf studio/1 bath; Upper back unit 460+/- sf 1bedroom/1bath. Front and back lower units can connect if you'd like (total ground floor square footage is 1,170+/-) as they share the lock-off utility space and stackable washer/dryer. Well maintained with brand new double-pane windows and a tankless water heater. Furnishings and all supplies are available for purchase. Please do not disturb tenants or walk the fully-occupied property. Following COVID protocol.

Listed by Marie Gentosi | BRE #01919984 | Coldwell Banker Realty
Co-listed by Chuck Iverson | BRE #01241096 | Coldwell Banker Realty
Last checked: 13 minutes ago | Last updated: January 30th, 2024 | Source CRMLS | DOM: 86

Home details

Lot Sq. Ft
1,750
HOA Dues
$0/mo
Year built
1932
Garage
--
Property Type:
Duplex
Status
Sold
MLS#
OC21004144
City
Newport Beach
County
Orange
Time on Site
1212 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Furnished
  • Total Rent: $0
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Furnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.2%
  • Gross Rent Multiplier: 17
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
  • Other Income Description: Estimates, buyer to verify.
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 127 24Th St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace, Space Heater, Natural Gas
Laundry Information
  • Has Laundry
  • Inside, Stackable
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Tile
  • Main Floor Bedroom
Kitchen Information
  • Has Appliances
  • Disposal, Gas Oven, Refrigerator, Tankless Water Heater
Interior Features
  • Ceiling Fan(s)
  • Levels: Two
  • Window Features: Double Pane Windows
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Door Features: Mirror Closet Door(s)
Exterior Features
Exterior Information
  • Roof: Composition
  • Lighting, Rain Gutters
  • Has Fence
  • Block, Good Condition, Stucco Wall
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Parking Features: Public, Street
Lot Information
  • Lot Features: 2-5 Units/Acre, Level with Street, Rectangular Lot, Level, Near Public Transit, No Landscaping, Park Nearby, Value In Land
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood, Ocean, Peek-A-Boo
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 04714127
  • Year Built Source: Public Records
  • Architectural Style: Bungalow, Cottage
  • Foundation Details: Raised, See Remarks
  • Property is not Attached
  • Accessibility Features: No Interior Steps
  • Property Condition: Turnkey, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments, Buyer to Verify
Location / Neighborhood
Location Information
  • Subdivision Name: West Newport Beach (WSNB)
  • Directions: Cross Streets: W. Balboa/24th. Heading N on E. Coast Hwy., take a slight R turn onto Newport Blvd., toward Balboa Peninsula, R-30th St., L-West Balboa Blvd., R-24th St. Property is 2nd house on R.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Biking, Curbs, Fishing, Park, Watersports, Sidewalks, Street Lights
View more facts & features

Local Newport Beach Agent

Sale History for 127 24Th St

Last sold for $1,799,900 on May 26th, 2021

  • January, 2024

  • Jan 30, 2024

    Date

    Canceled

    CRMLS: PW23227494

    $3,200

    Price

  • Dec 18, 2023

    Date

    Active

    CRMLS: PW23227494

    $3,200

    Price

  • Listing provided courtesy of CRMLS

    Beachin' It is a tastefully decorated, large, clean and furnished beach Studio. It's located in the same triplex as Coastal Serenity. It is downstairs ground level in the back of the unit and comes with access to a washer and dryer. The Studio has a full kitchen with everything you need to cook meals or to simply relax with a cup of coffee. All set up supplies are included. There is a Queen Bed and also a couch that turns into a queen bed in the unit. The living room area offers a sofa, 2 chairs and coffee table and also a large dresser for clothing storage. On top of the dresser is a large flat screen t.v. with cable. A storage closet outside the front door offers beach chairs, an umbrella, an ice chest, all accessible for your days at the beach. The entrance is off the alley. The decor is done in white, cream and natural materials. Parking is available free of charge on the streets surrounding the bungalow. There are also some metered spots and the ability to purchase a parking pass through the city. The neighborhood is full of excitement with trendy restaurants and bars. The sand and ocean are just a few houses away down the alley. Perfect location nearby the beach, local restaurants, and the Newport Peninsula Pier. Come and take a load off and enjoy yourself at this fully equipped Studio Bungalow just seconds from the sand in Newport Beach.

  • May, 2021

  • May 27, 2021

    Date

    Sold

    CRMLS: OC21005387

    --

    Price

  • May 26, 2021

    Date

    Pending

    CRMLS: OC21005387

    $1,799,900

    Price

  • Apr 7, 2021

    Date

    Active Under Contract

    CRMLS: OC21005387

    $1,799,900

    Price

  • Feb 22, 2021

    Date

    Active

    CRMLS: OC21005387

    $1,799,900

    Price

  • Feb 22, 2021

    Date

    Price Change

    CRMLS: OC21005387

    $1,799,900

    Price

  • Feb 22, 2021

    Date

    Hold

    CRMLS: OC21005387

    $1,849,900

    Price

  • Feb 8, 2021

    Date

    Price Change

    CRMLS: OC21005387

    $1,849,900

    Price

  • Jan 10, 2021

    Date

    Active

    CRMLS: OC21005387

    $1,899,900

    Price

  • Listing provided courtesy of CRMLS

  • May, 2021

  • May 27, 2021

    Date

    Sold

    CRMLS: OC21004144

    $1,799,900

    Price

  • May 19, 2021

    Date

    Pending

    CRMLS: OC21004144

    $1,799,900

    Price

  • Apr 7, 2021

    Date

    Active Under Contract

    CRMLS: OC21004144

    $1,799,900

    Price

  • Feb 22, 2021

    Date

    Active

    CRMLS: OC21004144

    $1,799,900

    Price

  • Feb 22, 2021

    Date

    Price Change

    CRMLS: OC21004144

    $1,799,900

    Price

  • Feb 22, 2021

    Date

    Hold

    CRMLS: OC21004144

    $1,849,900

    Price

  • Feb 8, 2021

    Date

    Price Change

    CRMLS: OC21004144

    $1,849,900

    Price

  • Jan 10, 2021

    Date

    Active

    CRMLS: OC21004144

    $1,899,900

    Price

  • December, 2017

  • Dec 8, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • May, 2003

  • May 7, 2003

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 127 24Th St

Assessed Value (2020): $1,524,053
Year Land Value Improved Value Assessed Value
2020 $1,493,572 $30,481 $1,524,053

Home Value Compared to the Market

This property vs the competition

127 24Th St sold on May 26, 2021 for 51.35% 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 $1105.59 per/sqft which puts the price per square foot 18.71% lower than the current median sale per square foot for the city of Newport Beach.

About 127 24Th St

Detailed summary of property

127 24Th St is a duplex that recently sold in Newport Beach, CA 92663. This duplex offered 2 bedrooms, 3 bathrooms, roughly 1,628 living square feet, and sits on an approximately 1,750 square foot lot. 127 24Th St was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $1,799,900. 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 51.35% lower than the current median priced home. Local homes that are currently for sale include 2112 S Cindy Pl, 2066 S Haster St and 310 E Wakefield Ave. While the average home in Newport Beach, CA is selling in 75 days, 127 24Th St has a days on market of 86 days. There are currently 284 homes for sale in the Newport Beach real estate market and 215 of them are single family homes while 56 of them are condos and 13 are townhomes. For more information on this home for sale at 127 24Th 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 127 24Th St

Public county record property details
Beds
2
Baths
1
Year built
1917
Sq. Ft.
700
Lot Size
1,688
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
22
APN
047-141-27

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
92
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%)

Thinking of Selling?

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(714) 706-1823

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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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