1311 Cliff Dr, Newport Beach, CA 92663
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1311 Cliff Dr Newport Beach, CA 92663

$3,125,000 Sold Price as of 04/14/2022
  • 5 Beds
  • 3 Baths
  • 2,105 Sq.Ft.
Sold
$3,125,000 Sold Price as of 04/14/2022 Refinance Your Mortgage

Map preview of 1311 Cliff Dr, Newport Beach, CA 92663

Property Overview: 1311 Cliff Dr Newport Beach, CA has 5 bedrooms, 3 bathrooms, 2,105 living square feet and 7,148 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present the sale of 1311 Cliff Drive, located in the highly sought Newport Heights neighborhood. This turnkey duplex offers multiple opportunities for either the investor looking to grow their portfolio, or for an owner user looking to live in one unit while generating strong income from the other. The front unit features 3 bedrooms, 2 bathrooms, in-unit laundry, and a remodeled kitchen with recessed lighting, quartz countertops, and stainless steel appliances. Additional features include vaulted ceilings in the living room, remodeled bathrooms, private backyard, and charming brick fireplace. The detached upper back unit has 2 bedrooms, 1 bathroom, and remodeled kitchen. The upper unit has a private yard space and private laundry area. Both units have dual pane windows, vinyl fencing, and laminate flooring throughout. This asset is located near top rated schools, world class beaches, and all the amenities 17th street has to offer. This is one investment opportunity you do not want to miss!

Listed by Timothy Carr | BRE #01017277 | Villa Real Estate
Last checked: 1 minute ago | Last updated: July 26th, 2022 | Source CRMLS | DOM: 7

Home details

Lot Sq. Ft
7,148
HOA Dues
$0/mo
Year built
1951
Garage
3 Car
Property Type:
Duplex
Status
Sold
MLS#
NP22021783
City
Newport Beach
County
Orange
Time on Site
803 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $4,375
  • Total Rent: $4,375
  • Pro Forma/Market Rent: $5,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,575
  • Total Rent: $2,575
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $83,400
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 1311 Cliff Dr

Interior Features
Laundry Information
  • Has Laundry
  • Individual Room, Inside
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Wood
Interior Features
  • Levels: One
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
Lot Information
  • Lot Features: Lot 6500-9999
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 04922114
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Cliffhaven (CLIF)
  • Directions: St. Andrews and Cliff
Neighborhood Information
  • Community Features: Biking, Park
View more facts & features

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Sale History for 1311 Cliff Dr

Last sold for $3,125,000 on April 14th, 2022
  • July, 2022

  • Jul 10, 2022

    Date

    Expired

    CRMLS: 219081617DA

    $4,500

    Price

  • Jul 8, 2022

    Date

    Active

    CRMLS: 219081617DA

    $4,500

    Price

  • Listing provided courtesy of CRMLS

    Wow! Location. Location. Location. This beautiful detached upper back unit located in Newport Heights. This unit features 2 bedrooms and1 bathroom, and remodeled kitchen. This upper unit has a private laundry area. High ceilings and amazing natural light. Dual pane windows, laminate flooring throughout. This unit is walking distance/bike ride distance to the Balboa Peninsula beaches. Also the unit is in very close proximity to all the best restaurants and retail shops on 17th street has to offer. Please call to inquire about leasing availability.

  • July, 2022

  • Jul 7, 2022

    Date

    Expired

    CRMLS: 219080341DA

    $4,500

    Price

  • Jun 13, 2022

    Date

    Active

    CRMLS: 219080341DA

    $5,500

    Price

  • Listing provided courtesy of CRMLS

    Wow! Location. Location. Location. This beautiful detached upper back unit located in Newport Heights. This unit features 2 bedrooms and1 bathroom, and remodeled kitchen. This upper unit has a private laundry area. High ceilings and amazing natural light. Dual pane windows, laminate flooring throughout. This unit is walking distance/bike ride distance to the Balboa Peninsula beaches. Also the unit is in very close proximity to all the best restaurants and retail shops on 17th street has to offer. Please call to inquire about leasing availability.

  • February, 2022

  • Feb 11, 2022

    Date

    Pending

    CRMLS: NP22021783

    $2,349,000

    Price

  • Feb 5, 2022

    Date

    Active

    CRMLS: NP22021783

    $2,349,000

    Price

  • March, 2003

  • Mar 31, 2003

    Date

    Sold (Public Records)

    Public Records

    $400,000

    Price

  • December, 1997

  • Dec 5, 1997

    Date

    Sold (Public Records)

    Public Records

    $435,000

    Price

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Tax History for 1311 Cliff Dr

Assessed Value (2020): $960,124
Year Land Value Improved Value Assessed Value
2020 $828,881 $131,243 $960,124

Home Value Compared to the Market

This property vs the competition

1311 Cliff Dr sold on April 14, 2022 for 10.55% lower 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 $1115.91 per/sqft which puts the price per square foot 4% higher than the current median sale per square foot for the city of Newport Beach.

About 1311 Cliff Dr

Detailed summary of property

1311 Cliff Dr is a duplex that recently sold in Newport Beach, CA 92663. This duplex offered 5 bedrooms, 3 bathrooms, roughly 2,105 living square feet, and sits on an approximately 7,148 square foot lot. 1311 Cliff Dr was first listed on ArdentRealEstateGroup.com on February 5, 2022. The homeowner sold the property for $3,125,000. 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 10.55% lower than the current median priced home. Local homes that are currently for sale include 213 41st St, 164 Walnut St and 353 Hamilton St. While the average home in Newport Beach, CA is selling in 76 days, 1311 Cliff Dr has a days on market of 7 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 1311 Cliff Dr 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 1311 Cliff Dr

Public county record property details
Beds
2
Baths
1
Year built
1958
Sq. Ft.
672
Lot Size
6,851
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
9
APN
049-221-14

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
$4,399,000
Median List Price/Sq.Ft.
$1,546
Median Sold Price
$1,730,000
Median Sold Price/Sq.Ft.
$979
Total Inventory
85
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%)

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Related Resources to 1311 Cliff Dr

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.