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1600 Clay St, Newport Beach, CA 92663
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1600 Clay St Newport Beach, CA 92663

$1,835,000 Sold Price as of 05/23/2019
  • 6 Beds
  • 3 Baths
  • 2,250 Sq.Ft.
Sold
$1,835,000 Sold Price as of 05/23/2019 Refinance Your Mortgage
Map preview of 1600 Clay St, Newport Beach, CA 92663

Property Overview: 1600 Clay St Newport Beach, CA has 6 bedrooms, 3 bathrooms, 2,250 living square feet and 7,318 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Pride of ownership triplex located on a beautiful tree lined street in prestigious "Newport Heights". This investment property consists of 3 two bedroom/ 1bath units. All units have been upgraded over the years and feature, laminate flooring, granite countertops, and stainless steel appliances. Each unit comes with a 1 car garage, private patio, and community laundry room. This property is 5 minutes away from the beach and minutes away from all the shopping and dining options 17th street has to offer. This is one investment you do not want to miss!

Listed by Timothy Carr | BRE #01017277 | Villa Real Estate
Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 2

Home details

Lot Sq. Ft
7,318
HOA Dues
$0/mo
Year built
1960
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
NP19098368
City
Newport Beach
County
Orange
Time on Site
1392 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,650
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,650
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,900
  • Total Rent: $1,900
  • Pro Forma/Market Rent: $2,650
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
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 1600 Clay St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Living Room
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Greenbelt
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 42524206
  • 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: Newport Heights (NEWH)
  • Directions: Irvine Ave to Clay
Neighborhood Information
  • Community Features: Storm Drains, Street Lights
View more facts & features

Local Newport Beach Agent

Sale History for 1600 Clay St

Last leased for $2,695 on January 22nd, 2021

  • January, 2021

  • Jan 22, 2021

    Date

    Leased

    CRMLS: NP21010197

    $2,695

    Price

  • Jan 16, 2021

    Date

    Active

    CRMLS: NP21010197

    $2,695

    Price

  • Listing provided courtesy of CRMLS

    This 800 sq foot 2 bedroom, 1 bath home has not only just been renovated from head to toe but is also located on the coveted Clay Street in Newport Heights. The unit has great natural lighting, has been freshly painted, and features beautiful faux wood laminate flooring throughout. The kitchen has been upgraded with new countertops, stainless steel appliances, and contemporary hardware and fixtures. Both bedrooms are a great size and come equipped with new blinds and modern ceilings fans. The clean and sleek style of the home continues in the bathroom where you will find a new vanity, designer mirror and lighting fixture, and shower/tub enclosure. Additional property highlights include crown moldings in living room, private patio space, ample amount of storage, detached 1 car garage, and a coin operated laundry room on site. The location of this home provides easy access to many dining and shopping options on 17th Street as well as world famous beaches.

  • May, 2019

  • May 24, 2019

    Date

    Sold

    CRMLS: NP19098368

    $1,835,000

    Price

  • May 14, 2019

    Date

    Pending

    CRMLS: NP19098368

    $1,899,000

    Price

  • May 3, 2019

    Date

    Active Under Contract

    CRMLS: NP19098368

    $1,899,000

    Price

  • May 3, 2019

    Date

    Active

    CRMLS: NP19098368

    $1,899,000

    Price

  • May, 2019

  • May 23, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,835,000

    Price

  • July, 2001

  • Jul 27, 2001

    Date

    Sold (Public Records)

    Public Records

    $650,000

    Price

Show More

Tax History for 1600 Clay St

Assessed Value (2020): $852,191
Year Land Value Improved Value Assessed Value
2020 $775,494 $76,697 $852,191

Home Value Compared to the Market

This property vs the competition

1600 Clay St sold on May 23, 2019 for 48.68% 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 $844 per/sqft which puts the price per square foot 37.94% lower than the current median sale per square foot for the city of Newport Beach.

About 1600 Clay St

Detailed summary of property

1600 Clay St is a multi family that recently sold in Newport Beach, CA 92663. This multi family property offered 6 bedrooms, 3 bathrooms, roughly 2,250 living square feet, and sits on an approximately 7,318 square foot lot. 1600 Clay St was first listed on ArdentRealEstateGroup.com on July 20, 2020. The homeowner sold the property for $1,835,000. 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 48.68% lower than the current median priced home. Local homes that are currently for sale include 189 Lower Cliff Dr, 189 Lower Cliff Dr and 357 Mermaid St. While the average home in Newport Beach, CA is selling in 73 days, 1600 Clay St has a days on market of 2 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 1600 Clay 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 1600 Clay St

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
7,555
Stories
--
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
27
APN
425-242-06

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?

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Recently Sold Homes Near 1600 Clay St

1500 Clay St, Newport Beach, CA 92663
$1,835,000 Last Sold Price
6 Beds
3 Baths
2400 Sq.Ft.
1500 Clay St
Newport Beach, CA 92663
1805 Clay St, Newport Beach, CA 92663
$2,425,000 Last Sold Price
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2400 Sq.Ft.
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Newport Beach, CA 92663
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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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