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1616 W Oceanfront, Newport Beach, CA 92663
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1616 W Oceanfront Newport Beach, CA 92663

$6,100,000 Sold Price as of 10/24/2019
  • 21 Beds
  • 15 Baths
  • 3,564 Sq.Ft.
Sold
$6,100,000 Sold Price as of 10/24/2019 Refinance Your Mortgage
Map preview of 1616 W Oceanfront, Newport Beach, CA 92663

Property Overview: 1616 W Oceanfront Newport Beach, CA has 21 bedrooms, 15 bathrooms, 3,564 living square feet and 3,049 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Property sold off market. Entered for MLS comps only.

Listed by Baylee Leavitt | BRE #02098105 | White Sail Realty
Last checked: 15 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 1

Home details

Lot Sq. Ft
3,049
HOA Dues
$0/mo
Year built
1972
Garage
--
Property Type:
Triplex
Status
Sold
MLS#
NP19248629
City
Newport Beach
County
Orange
Time on Site
1385 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: 3
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 7
  • # of Baths: 5
  • Garage Spaces: 4
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
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 1616 W Oceanfront

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, In Closet, Washer Hookup
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Carpet, Laminate, Tile
  • Kitchen, Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Oven, Water Heater
Interior Features
  • Cathedral Ceiling(s), Open Floorplan, Unfurnished
  • Levels: Two
  • Window Features: Blinds
  • 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
  • Brick
  • Other Structures: Storage
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Attached Carport
Lot Information
  • Lot Features: 2-5 Units/Acre, Sprinklers None
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Catalina, Coastline, Ocean, Panoramic, Water
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 04720223
  • Year Built Source: Assessor
  • Architectural Style: Custom Built
  • Foundation Details: Slab
  • Property is Attached
  • Accessibility Features: None
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Sewer Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Peninsula (Residential) (BALP)
  • Directions: West Balboa Blvd to 16th Street.
  • Road Frontage Type: Alley
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Biking, Curbs, Fishing, Park, Watersports, Street Lights, Urban
View more facts & features

Local Newport Beach Agent

Sale History for 1616 W Oceanfront

Last sold for $6,100,000 on October 24th, 2019

  • October, 2019

  • Oct 24, 2019

    Date

    Sold

    CRMLS: NP19248629

    $6,100,000

    Price

  • Oct 24, 2019

    Date

    Active

    CRMLS: NP19248629

    $6,100,000

    Price

  • October, 2019

  • Oct 22, 2019

    Date

    Sold (Public Records)

    Public Records

    $6,100,000

    Price

  • November, 2004

  • Nov 12, 2004

    Date

    Sold (Public Records)

    Public Records

    $3,300,000

    Price

Show More

Tax History for 1616 W Oceanfront

Assessed Value (2020): $4,023,643
Year Land Value Improved Value Assessed Value
2020 $2,454,422 $1,569,221 $4,023,643

Home Value Compared to the Market

This property vs the competition

1616 W Oceanfront sold on October 24, 2019 for 64.86% higher 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 $1711.56 per/sqft which puts the price per square foot 25.85% higher than the current median sale per square foot for the city of Newport Beach.

About 1616 W Oceanfront

Detailed summary of property

1616 W Oceanfront is a triplex that recently sold in Newport Beach, CA 92663. This triplex offered 21 bedrooms, 15 bathrooms, roughly 3,564 living square feet, and sits on an approximately 3,049 square foot lot. 1616 W Oceanfront was first listed on ArdentRealEstateGroup.com on July 20, 2020. The homeowner sold the property for $6,100,000. 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 64.86% higher than the current median priced home. Local homes that are currently for sale include 3168 Wabash Ave, 526 W 47th St and 654 E 24th St. While the average home in Newport Beach, CA is selling in 73 days, 1616 W Oceanfront has a days on market of 1 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 1616 W Oceanfront 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 1616 W Oceanfront

Public county record property details
Beds
--
Baths
--
Year built
1972
Sq. Ft.
3,564
Lot Size
3,126
Stories
2
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
8
APN
047-202-23

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%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 1616 W Oceanfront

1624 W Oceanfront, Newport Beach, CA 92663
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1624 W Oceanfront
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1514 W Oceanfront, 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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