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1805 Clay St, Newport Beach, CA 92663
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1805 Clay St Newport Beach, CA 92663

$2,425,000 Sold Price as of 03/07/2022
  • 6 Beds
  • 3 Baths
  • 2,400 Sq.Ft.
Sold
$2,425,000 Sold Price as of 03/07/2022 Refinance Your Mortgage
Map preview of 1805 Clay St, Newport Beach, CA 92663

Property Overview: 1805 Clay St Newport Beach, CA has 6 bedrooms, 3 bathrooms, 2,400 living square feet and 7,266 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Triplex located on beautiful tree lined Clay Street in prestigious "Newport Heights". This investment property consists of 3 two bedroom/ 1bath units. One unit has been upgraded. Each unit comes with a 1 car garage, community laundry room and shared outdoor space. This property is in a prime neighborhood of Newport Beach just minutes away from the beach, shopping and restaurant options off 17th street and PCH. This is a very rare opportunity to invest in one of the best spots!

Listed by Brittney Johnson | BRE #01952678 | Coldwell Banker Realty
Co-listed by Conrad Peterson | BRE #00920657 | Coldwell Banker Realty
Last checked: 9 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 7

Home details

Lot Sq. Ft
7,266
HOA Dues
$0/mo
Year built
1955
Garage
3 Car
Property Type:
Triplex
Status
Sold
MLS#
OC21176225
City
Newport Beach
County
Orange
Time on Site
993 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # 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: $1,129
  • Total Rent: $1,129
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,105
  • Total Rent: $1,105
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $2,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $15,903
  • Net Operating Income: $9,066
  • Gross Operating Income: --
  • Laundry Income: $0
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: $6,837
  • Electric: $0
  • Gas/Fuel: $55
  • Licenses: $178
  • New Taxes: $0
  • Furniture Replacement: $0
  • Trash: $0
  • Cable TV: $0
  • Gardener: $480
  • Insurance: $1,285
  • Maintenance: $3,793
  • Workman's Comp: $0
  • Professional Management: $0
  • Water/Sewer: $1,046

Property Details for 1805 Clay St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Common Area
Fireplace Information
  • Has Fireplace
  • Family Room
Room Information
  • Flooring: Carpet
  • All Bedrooms Down, Kitchen, Main Floor Bedroom
Kitchen Information
  • Has Appliances
  • Water Heater
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Concrete, Paved, Garage, Off Street, On Site
Lot Information
  • Lot Features: Front Yard, Landscaped, Lawn, Rectangular Lot, Park Nearby
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Total # of Units: 3
  • Parcel Number: 42524117
  • Year Built Source: Estimated
  • Architectural Style: Bungalow
  • Property is Attached
  • Accessibility Features: No Interior Steps
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Newport Heights (NEWH)
  • Directions: Irvine Ave to Clay St.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Newport Beach Agent

Sale History for 1805 Clay St

Last sold for $2,425,000 on March 7th, 2022

  • March, 2022

  • Mar 8, 2022

    Date

    Sold

    CRMLS: OC21176225

    $2,425,000

    Price

  • Jan 30, 2022

    Date

    Active Under Contract

    CRMLS: OC21176225

    $2,242,200

    Price

  • Nov 20, 2021

    Date

    Pending

    CRMLS: OC21176225

    $2,242,200

    Price

  • Aug 27, 2021

    Date

    Active Under Contract

    CRMLS: OC21176225

    $2,242,200

    Price

  • Aug 16, 2021

    Date

    Active

    CRMLS: OC21176225

    $2,242,200

    Price

  • Aug 11, 2021

    Date

    Coming Soon

    CRMLS: OC21176225

    $2,242,200

    Price

  • November, 2002

  • Nov 27, 2002

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1805 Clay St

Assessed Value (2020): $83,024
Year Land Value Improved Value Assessed Value
2020 $40,682 $42,342 $83,024

Home Value Compared to the Market

This property vs the competition

1805 Clay St sold on March 7, 2022 for 14.62% 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 $934.25 per/sqft which puts the price per square foot 12.93% lower than the current median sale per square foot for the city of Newport Beach.

About 1805 Clay St

Detailed summary of property

1805 Clay St is a triplex that recently sold in Newport Beach, CA 92663. This triplex offered 6 bedrooms, 3 bathrooms, roughly 2,400 living square feet, and sits on an approximately 7,266 square foot lot. 1805 Clay St was first listed on ArdentRealEstateGroup.com on August 11, 2021. The homeowner sold the property for $2,425,000. 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 14.62% lower than the current median priced home. Local homes that are currently for sale include 353 Hamilton St, 150 Cecil Pl and 186 Del Mar Ave. While the average home in Newport Beach, CA is selling in 72 days, 1805 Clay St has a days on market of 7 days. There are currently 266 homes for sale in the Newport Beach real estate market and 196 of them are single family homes while 56 of them are condos and 14 are townhomes. For more information on this home for sale at 1805 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 1805 Clay St

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
7,265
Stories
--
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
18
APN
425-241-17

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
$4,195,000
Median List Price/Sq.Ft.
$1,501
Median Sold Price
$1,730,000
Median Sold Price/Sq.Ft.
$979
Total Inventory
86
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%)

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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