203 Cedar St, Newport Beach, CA 92663
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203 Cedar St Newport Beach, CA 92663

$1,750,000 Sold Price as of 04/26/2021
  • 4 Beds
  • 3 Baths
  • 1,804 Sq.Ft.
Sold
$1,750,000 Sold Price as of 04/26/2021 Refinance Your Mortgage

Map preview of 203 Cedar St, Newport Beach, CA 92663

Property Overview: 203 Cedar St Newport Beach, CA has 4 bedrooms, 3 bathrooms, 1,804 living square feet and 2,200 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: FIRST TIME ON THE MARKET IN 35 YEARS!! Perfect duplex for prime Newport Beach living offers investment potential, rental income and a 1031 exchange opportunity for the savvy buyer. Located in Newport Shores, this steps-to-the sand duplex has it all. There are two separate units, the upstairs has 3 bedrooms and 2 baths, with a 1 bedroom, 1 bath downstairs. Live in one and rent the other, or use both units for in-demand beach income properties minus the HOA fees. Walk to Newport Peninsula, Cannery Village, Lido Marina Village, Pavilions, Lido House Hotel and all the cool coffee spots, bars, and restaurants that define Newport Shores living. Think ocean breezes and ocean views with upstairs private brand-new roof deck and glass sliders bringing the exterior in. Downstairs boasts a patio with French doors for entertaining. Brick fireplaces in both units make for cozy winter nights. Both freshly painted homes have wood beamed vaulted ceilings, double pane windows, sliding glass doors, stainless steel appliances, updated vanities, newer washer/dryer with laminate and tile flooring throughout. Both master bedrooms have convenient en suite baths. In addition, 2 car garage and 2 carport parking spots, located in the desirable Newport Mesa School District.

Listed by Breanna Lepante | BRE #01919560 | Douglas Elliman Of California,
Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 28

Home details

Lot Sq. Ft
2,200
HOA Dues
$0/mo
Year built
1975
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
NP21032695
City
Newport Beach
County
Orange
Time on Site
1133 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,500
  • Total Rent: $3,500
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $72,000
  • Net Operating Income: $70,080
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $1,920
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $18,140
  • Trash: $0
  • Cable TV: $0
  • Gardener: $360
  • Insurance: $1,200
  • Water/Sewer: $0

Property Details for 203 Cedar St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Common Area, Outside, Stackable
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Laminate, Tile, Wood
  • Great Room, Kitchen, Living Room, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Microwave, Refrigerator
Interior Features
  • Levels: Two
  • Window Features: Double Pane Windows
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: 2
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Attached Carport, Covered, Garage - Two Door
Lot Information
  • Lot Features: 2-5 Units/Acre, Corner Lot, Lot 6500-9999, Park Nearby, Patio Home
  • Lot Size Source: Estimated
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood, Ocean, Peek-A-Boo, Water
  • Common Walls: 1 Common Wall, End Unit
  • Total # of Units: 2
  • Parcel Number: 04508312
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Newport Shores (NEWS)
  • Directions: Cross Streets: Corner of PCH and Cedar Street
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks
View more facts & features

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Sale History for 203 Cedar St

Last sold for $1,750,000 on April 26th, 2021
  • April, 2021

  • Apr 26, 2021

    Date

    Sold

    CRMLS: NP21032695

    $1,750,000

    Price

  • Apr 14, 2021

    Date

    Pending

    CRMLS: NP21032695

    $1,799,000

    Price

  • Mar 26, 2021

    Date

    Active Under Contract

    CRMLS: NP21032695

    $1,799,000

    Price

  • Mar 17, 2021

    Date

    Active

    CRMLS: NP21032695

    $1,799,000

    Price

  • Mar 10, 2021

    Date

    Hold

    CRMLS: NP21032695

    $1,799,000

    Price

  • Mar 2, 2021

    Date

    Active

    CRMLS: NP21032695

    $1,799,000

    Price

  • Feb 27, 2021

    Date

    Active Under Contract

    CRMLS: NP21032695

    $1,799,000

    Price

  • Feb 18, 2021

    Date

    Active

    CRMLS: NP21032695

    $1,799,000

    Price

  • February, 2019

  • Feb 26, 2019

    Date

    Leased

    CRMLS: NP19032479

    $2,500

    Price

  • Feb 25, 2019

    Date

    Pending

    CRMLS: NP19032479

    $2,500

    Price

  • Feb 12, 2019

    Date

    Active

    CRMLS: NP19032479

    $2,500

    Price

  • Listing provided courtesy of CRMLS

    Welcome to this adorable lower unit, single story, 1 bed 1 bath in the heart of Newport Shores. This home is light and bright with vaulted ceilings and opens up to a patio with ocean breezes. This home is newly remodeled and has a private master with an ensuite bath with newer appliances in kitchen. There is a fireplace in the living room and a patio off of the dining and living area with ocean breezes and views. There is free shared laundry and a garage and carport spot. There is also street parking and unfurnished. No Smoking. Walking distance to Newport beaches, hip coffee bars, restaurants and much more..This is a must see!!

  • November, 2018

  • Nov 6, 2018

    Date

    Canceled

    CRMLS: NP18249974

    $1,595,000

    Price

  • Nov 6, 2018

    Date

    Withdrawn

    CRMLS: NP18249974

    $1,595,000

    Price

  • Oct 29, 2018

    Date

    Price Change

    CRMLS: NP18249974

    $1,595,000

    Price

  • Oct 16, 2018

    Date

    Active

    CRMLS: NP18249974

    $1,649,000

    Price

  • Listing provided courtesy of CRMLS

    **FIRST TIME ON THE MARKET IN 31 YEARS!! Perfect duplex for prime Newport Beach living offers investment potential and rental income opportunity for the savvy buyer. Located in Newport Shores, this steps-to-the sand duplex has it all. There are two separate units, the upstairs has 3 bedrooms and 2 baths, with a 1 bedroom, 1 bath downstairs. Live in one and rent the other, or use both units for in-demand beach income properties minus the HOA fees. Walk to Newport Peninsula, Cannery Village, Lido Marina Village, Pavilions, Lido House Hotel and all the cool coffee spots, bars, and restaurants that define Newport Shores living. Think ocean breezes and ocean views with upstairs private roof deck and glass sliders bringing the exterior in. Downstairs boasts a patio with French doors for entertaining. Brick fireplaces in both units make for cozy winter nights. Both freshly painted homes have wood beamed vaulted ceilings, double pane windows, sliding glass doors, stainless steel appliances, updated vanities, new washer/dryer with laminate and tile flooring throughout. Both master bedrooms have convenient en suite baths. In addition, 2 car garage and 2 carport parking spots, located in the desirable Newport Mesa School District. Properties like this don’t last long.

  • October, 2017

  • Oct 10, 2017

    Date

    Leased

    CRMLS: NP17230970

    $3,600

    Price

  • Oct 9, 2017

    Date

    Pending

    CRMLS: NP17230970

    $3,600

    Price

  • Oct 9, 2017

    Date

    Active Under Contract

    CRMLS: NP17230970

    $3,600

    Price

  • Oct 7, 2017

    Date

    Active

    CRMLS: NP17230970

    $3,600

    Price

  • Listing provided courtesy of CRMLS

    Welcome to this adorable duplex in the heart of Newport Shores. This 3 bed 2 bath home is light and bright and opens up to a private balcony with ocean breezes and Ocean views steps to desirable west Newport beach. This home has a private master with ensuite bath, freshly painted throughout, new bathroom vanities with new flooring, new appliances in kitchen. Balcony off dining area with ocean views. There is a washer/dryer, garage and carport spot as well as street parking and unfurnished. No Smoking. Walking distance to hip coffee bars, restaurants and much more..This is a must see!!

  • February, 2007

  • Feb 1, 2007

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 203 Cedar St

Assessed Value (2020): $446,687
Year Land Value Improved Value Assessed Value
2020 $317,148 $129,539 $446,687

Home Value Compared to the Market

This property vs the competition

203 Cedar St sold on April 26, 2021 for 31.49% 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 $997.23 per/sqft which puts the price per square foot 7.06% lower than the current median sale per square foot for the city of Newport Beach.

About 203 Cedar St

Detailed summary of property

203 Cedar St is a duplex that recently sold in Newport Beach, CA 92663. This duplex offered 4 bedrooms, 3 bathrooms, roughly 1,804 living square feet, and sits on an approximately 2,200 square foot lot. 203 Cedar St was first listed on ArdentRealEstateGroup.com on March 17, 2021. The homeowner sold the property for $1,750,000. 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 31.49% lower than the current median priced home. Local homes that are currently for sale include 2066 S Haster St, 310 E Wakefield Ave and 8860 Tina Way. While the average home in Newport Beach, CA is selling in 75 days, 203 Cedar St has a days on market of 28 days. There are currently 260 homes for sale in the Newport Beach real estate market and 192 of them are single family homes while 54 of them are condos and 14 are townhomes. For more information on this home for sale at 203 Cedar 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 203 Cedar St

Public county record property details
Beds
--
Baths
--
Year built
1975
Sq. Ft.
1,804
Lot Size
2,557
Stories
2
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
4
APN
045-083-12

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.
$1,522
Median Sold Price
$1,730,000
Median Sold Price/Sq.Ft.
$979
Total Inventory
84
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 203 Cedar St

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.