204 David Dr, Newport Beach, CA 92663
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204 David Dr Newport Beach, CA 92663

$1,400,000 Sold Price as of 05/02/2019
  • 5 Beds
  • 4 Baths
  • 2,025 Sq.Ft.
Sold
$1,400,000 Sold Price as of 05/02/2019 Refinance Your Mortgage

Map preview of 204 David Dr, Newport Beach, CA 92663

Property Overview: 204 David Dr Newport Beach, CA has 5 bedrooms, 4 bathrooms, 2,025 living square feet and 2,614 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This highly desirable DUPLEX in Newport Beach is a great investment! One block from the beach, and walking distance to several of Newport's iconic restaurants, Cappy's cafe, Spaghetti Bender, Alessa's and Eat Chow. The upper unit is a spacious 3 bedroom, 2 bath open floor plan with vaulted ceilings, living/dining area with fire place, kitchen with ample counter/cabinet space and laundry. and TWO large balconies with ocean, mountains and wetland views. The lower 2 bed, 2 bath unit is updated with laminate floors, ample kitchen, dining and living area, fireplace and a front enclosed patio. The duplex has an OVER Sized 4 CAR GARAGE + additional CAR PORT, a parking spot for each bedroom! Potential condominium conversion and a 3rd floor addition with full ocean view are options. Bonuses include an outside shower, surf and dog beach one block away, bike trails for miles and a playground across the street. For additional income with city permit units can be vacation/short term rental. The location is easy access to both Newport and Huntington as well as quick access to freeways and shopping. Lowest priced duplex in Newport Beach with highest gross income!

Listed by Sarah Sitar | BRE #01302448 | Nook Real Estate
Last checked: 15 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 85

Home details

Lot Sq. Ft
2,614
HOA Dues
$0/mo
Year built
1975
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
OC19006967
City
Newport Beach
County
Orange
Time on Site
1388 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,800
  • Total Rent: $34,800
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 3
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,800
  • Total Rent: $45,600
  • Pro Forma/Market Rent: $3,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $79,200
  • Net Operating Income: $61,600
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $176,500
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $15,400
  • Trash: $500
  • Insurance: $1,200
  • Water/Sewer: $500

Virtual Tour

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Property Details for 204 David Dr

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Forced Air, Fireplace(s)
Laundry Information
  • Has Laundry
  • Common Area, Inside
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Laminate
  • Living Room, Main Floor Master Bedroom, Master Suite, Two Masters
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Gas Range, Gas Water Heater
Interior Features
  • Balcony, Cathedral Ceiling(s), High Ceilings
  • Levels: Two
  • Window Features: Double Pane Windows
Exterior Features
Exterior Information
  • Roof: Composition
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Carport, Covered, Garage - Two Door, Off Street, Tandem Garage
Lot Information
  • Lot Features: Walkstreet
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Coastline, Mountain(s), Panoramic, Water, White Water
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 04501022
  • Year Built Source: Assessor
  • Foundation Details: Slab
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
  • Utilities: Natural Gas Connected, Sewer Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Newport West
  • Directions: front is located on Highland St, David Dr is private street in rear
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Preserve/Public Land, Sidewalks, Suburban
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Sale History for 204 David Dr

Last sold for $1,400,000 on May 2nd, 2019
  • May, 2019

  • May 3, 2019

    Date

    Sold

    CRMLS: OC19006967

    $1,400,000

    Price

  • Apr 4, 2019

    Date

    Active Under Contract

    CRMLS: OC19006967

    $1,490,000

    Price

  • Mar 21, 2019

    Date

    Price Change

    CRMLS: OC19006967

    $1,490,000

    Price

  • Feb 22, 2019

    Date

    Price Change

    CRMLS: OC19006967

    $1,590,000

    Price

  • Jan 10, 2019

    Date

    Active

    CRMLS: OC19006967

    $1,690,000

    Price

  • May, 2019

  • May 1, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,400,000

    Price

  • June, 2000

  • Jun 13, 2000

    Date

    Sold (Public Records)

    Public Records

    $430,000

    Price

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Tax History for 204 David Dr

Assessed Value (2020): $587,662
Year Land Value Improved Value Assessed Value
2020 $464,253 $123,409 $587,662

Home Value Compared to the Market

This property vs the competition

204 David Dr sold on May 2, 2019 for 59.73% 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 $735.8 per/sqft which puts the price per square foot 45.9% lower than the current median sale per square foot for the city of Newport Beach.

About 204 David Dr

Detailed summary of property

204 David Dr is a multi family that recently sold in Newport Beach, CA 92663. This multi family property offered 5 bedrooms, 4 bathrooms, roughly 2,025 living square feet, and sits on an approximately 2,614 square foot lot. 204 David Dr was first listed on ArdentRealEstateGroup.com on July 20, 2020. The homeowner sold the property for $1,400,000. 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 59.73% lower than the current median priced home. Local homes that are currently for sale include 12936 Adelle St, 7122 Natal Dr and 7122 Natal Dr. While the average home in Newport Beach, CA is selling in 73 days, 204 David Dr has a days on market of 85 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 204 David 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 204 David Dr

Public county record property details
Beds
--
Baths
--
Year built
1975
Sq. Ft.
2,025
Lot Size
2,476
Stories
2
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
5
APN
045-010-22

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%)

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Related Resources to 204 David 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.