Search
127 27Th St, Newport Beach, CA 92663
Image 2 for 127 27Th St, Newport Beach, CA 92663
Image 3 for 127 27Th St, Newport Beach, CA 92663
View Photos

127 27Th St Newport Beach, CA 92663

$3,300,000 Sold Price as of 05/23/2022
  • 6 Beds
  • 5 Baths
  • 2,458 Sq.Ft.
Sold
$3,300,000 Sold Price as of 05/23/2022 Refinance Your Mortgage
Map preview of 127 27Th St, Newport Beach, CA 92663

Property Overview: 127 27Th St Newport Beach, CA has 6 bedrooms, 5 bathrooms, 2,458 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: You've hit the jackpot with this rare, highly sought-after, and amazingly valued investment prospect in Newport Beach! Take advantage of the multifold income from owning a triplex, with the 3-bed, 3-bath, and the 2-bed, 1-bath presenting individual living rooms and kitchens. Discover beautifully designed interiors bathed in abundant sunlight and private retreats with mirrored closets and ceiling fans. Granite countertops and elegant tile work adorn some baths, along with frosted glass-enclosed showers. An adjoining door connects the second residence to the last 1-bed, 1-bath unit, which offers an option to expand into a 4-bedroom, 4-bath home whenever potential clients request a larger living space.  Adding further appeal to this multi-unit property is its 2 single garages and additional parking space at the back of the lot. For extra convenience, these dwellings come with a shared laundry room. Whenever you're not spending leisurely weekends at the beach, check out the restaurants and shopping options near its enviable location that attracts those who desire a laid-back lifestyle all for themselves. Come take advantage of this rare opportunity before someone else does!

Listed by Nancy Cloward | BRE #01149171 | Surterre Properties Inc
Last checked: 2 minutes ago | Last updated: May 24th, 2022 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft
2,178
HOA Dues
$0/mo
Year built
1965
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
OC22048179
City
Newport Beach
County
Orange
Time on Site
792 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,600
  • Total Rent: $31,200
  • Pro Forma/Market Rent: $31,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,950
  • Total Rent: $47,400
  • Pro Forma/Market Rent: $47,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $13,200
  • Pro Forma/Market Rent: $13,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $91,800
  • Net Operating Income: $90,385
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $1,415
  • Electric: $477
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $938

Property Details for 127 27Th St

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Fireplace Information
  • No Fireplace
  • None
Room Information
  • All Bedrooms Down, All Bedrooms Up, Kitchen, Laundry
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: Level with Street
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 04709224
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Peninsula (Residential) (BALP)
  • Directions: Balboa to 27th Street - Home is on beach side of Balboa
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Biking, Curbs, Sidewalks, Street Lights
View more facts & features

Local Newport Beach Agent

Sale History for 127 27Th St

Last sold for $3,300,000 on May 23rd, 2022

  • March, 2022

  • Mar 11, 2022

    Date

    Active

    CRMLS: OC22048179

    $3,500,000

    Price

Tax History for 127 27Th St

Assessed Value (2020): $192,088
Year Land Value Improved Value Assessed Value
2020 $126,778 $65,310 $192,088

Home Value Compared to the Market

This property vs the competition

127 27Th St sold on May 23, 2022 for 5.41% 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 $1423.92 per/sqft which puts the price per square foot 4.7% higher than the current median sale per square foot for the city of Newport Beach.

About 127 27Th St

Detailed summary of property

127 27Th St is a duplex that recently sold in Newport Beach, CA 92663. This duplex offered 6 bedrooms, 5 bathrooms, roughly 2,458 living square feet, and sits on an approximately 2,178 square foot lot. 127 27Th St was first listed on ArdentRealEstateGroup.com on March 11, 2022. The homeowner sold the property for $3,300,000. 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 5.41% lower than the current median priced home. Local homes that are currently for sale include 205 Huntington St, 206 Chicago Ave and 218 Indianapolis Ave. While the average home in Newport Beach, CA is selling in 73 days, 127 27Th St has a days on market of 14 days. There are currently 283 homes for sale in the Newport Beach real estate market and 213 of them are single family homes while 58 of them are condos and 12 are townhomes. For more information on this home for sale at 127 27Th 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 27Th St

Public county record property details
Beds
--
Baths
--
Year built
1965
Sq. Ft.
1,229
Lot Size
2,532
Stories
2
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
24
APN
047-092-24

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
91
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?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 127 27Th St

Nearby Homes for Sale

112 28th St, Newport Beach, CA 92663
$3,500,000
6 Beds
4 Baths
2250 Sq.Ft.
112 28th St
Newport Beach, CA 92663
2711 W Balboa Blvd, Newport Beach, CA 92663
$3,399,000
5 Beds
4 Baths
2474 Sq.Ft.
2711 W Balboa Blvd
Newport Beach, CA 92663
507 29th St, Newport Beach, CA 92663
$3,695,000
4 Beds
4 Baths
3096 Sq.Ft.
507 29th St
Newport Beach, CA 92663
Open Today 12am-3pm
115 33rd St, Newport Beach, CA 92663
$3,500,000
7 Beds
2 Baths
3032 Sq.Ft.
115 33rd St
Newport Beach, CA 92663
1913 Court St, Newport Beach, CA 92663
$3,250,000
4 Beds
3 Baths
2376 Sq.Ft.
1913 Court St
Newport Beach, CA 92663
219 E Bay Ave, Newport Beach, CA 92661
$3,950,000
5 Beds
3 Baths
2225 Sq.Ft.
219 E Bay Ave
Newport Beach, CA 92661
Open Today 1pm-4pm
210 Grant St, Newport Beach, CA 92663
$3,600,000
6 Beds
4 Baths
2490 Sq.Ft.
210 Grant St
Newport Beach, CA 92663
Open Today 1pm-4pm
210 Grant St, Newport Beach, CA 92663
$3,600,000
6 Beds
3 Baths
2490 Sq.Ft.
210 Grant St
Newport Beach, CA 92663
164 Walnut St, Costa Mesa, CA 92627
$3,400,000
11 Beds
6 Baths
3586 Sq.Ft.
164 Walnut St
Costa Mesa, CA 92627
353 Hamilton St, Costa Mesa, CA 92627
$2,695,000
10 Beds
8 Baths
5173 Sq.Ft.
353 Hamilton St
Costa Mesa, CA 92627
1532 Miramar Drive, Newport Beach, CA 92661
$3,500,000
7 Beds
5 Baths
4065 Sq.Ft.
1532 Miramar Drive
Newport Beach, CA 92661
1532 Miramar Drive, Newport Beach, CA 92661
$3,500,000
7 Beds
5 Baths
3250 Sq.Ft.
1532 Miramar Drive
Newport Beach, CA 92661

Recently Sold Homes Near 127 27Th St

118 28th St, Newport Beach, CA 92663
$2,250,000 Last Sold Price
6 Beds
4 Baths
2338 Sq.Ft.
118 28th St
Newport Beach, CA 92663
122 28th St, Newport Beach, CA 92663
$2,975,000 Last Sold Price
5 Beds
3 Baths
2052 Sq.Ft.
122 28th St
Newport Beach, CA 92663
2711 W Balboa Blvd, Newport Beach, CA 92663
$2,535,000 Last Sold Price
5 Beds
4 Baths
2474 Sq.Ft.
2711 W Balboa Blvd
Newport Beach, CA 92663
2713 W Balboa Blvd, Newport Beach, CA 92663
$3,400,000 Last Sold Price
5 Beds
5 Baths
2210 Sq.Ft.
2713 W Balboa Blvd
Newport Beach, CA 92663

Related Resources to 127 27Th St

New Listings in 92663
Popular Zip Codes
Popular Cities
Other Newport Beach Resources

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.

Refi Quote