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205 28Th St, Newport Beach, CA 92663
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205 28Th St Newport Beach, CA 92663

$2,625,000 Sold Price as of 07/29/2022
  • 4 Beds
  • 3.5 Baths
  • 1,722 Sq.Ft.
Sold
$2,625,000 Sold Price as of 07/29/2022 Refinance Your Mortgage
Map preview of 205 28Th St, Newport Beach, CA 92663

Property Overview: 205 28Th St Newport Beach, CA has 4 bedrooms, 3.5 bathrooms, 1,722 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: On the hunt for a rare multi-unit investment or dreaming of making the most out of your next purchase? Whether you want to secure a two-fold income or choose to live in one and lease the other, both homes are beautifully remodeled in 2018 and ready to be enjoyed. Just moments away from the shores of Newport Beach, this upgraded duplex is an opportunity too good to miss! Discover 2 beds and 2.5 baths across the main-level residence while the upstairs unit features a 2-bed, 1-bath layout. Inside, a welcoming fusion of warm color tones and wood flooring greets you upon entry. Chef up any meal in the two kitchens that come equipped with stainless steel appliances and gleaming granite countertops. Enjoy sweeping views of the beach as you host get-togethers from your front patio. Other bonus features include a shared laundry room and a 2-car garage with an additional open parking space to accommodate multiple vehicles. With various shopping, dining, and outdoor recreation options nearby, these modern gems offer a life of leisure and convenience. Come take a tour before your chance is gone for good!

Listed by Nancy Cloward | BRE #01149171 | Surterre Properties Inc
Last checked: 9 minutes ago | Last updated: July 30th, 2022 | Source CRMLS | DOM: 85

Home details

Lot Sq. Ft
2,614
HOA Dues
$0/mo
Year built
1964
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
OC22047968
City
Newport Beach
County
Orange
Time on Site
785 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 3
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,200
  • Total Rent: $38,400
  • Pro Forma/Market Rent: $38,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,850
  • Total Rent: $34,200
  • Pro Forma/Market Rent: $34,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 0
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $205
  • Total Rent: $2,460
  • Pro Forma/Market Rent: $2,460
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $75,060
  • Net Operating Income: $74,312
  • Gross Operating Income: --
  • # of Rented Garages: 1
  • Garage Rental Rate: $2,460
  • Garage Rental Income: $2,460
Annual Expense Breakdown
  • Total Operating Expense: $748
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $748

Property Details for 205 28Th St

Interior Features
Laundry Information
  • Has Laundry
  • Common Area, Individual Room
Fireplace Information
  • No Fireplace
  • None
Room Information
  • All Bedrooms Down, All Bedrooms Up
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: Front Yard, Level
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 04710112
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Balboa Peninsula (Residential) (BALP)
  • Directions: W. Balboa to 28th Street
Neighborhood Information
  • Community Features: Biking, Curbs, Sidewalks
View more facts & features

Local Newport Beach Agent

Sale History for 205 28Th St

Last sold for $2,625,000 on July 29th, 2022

  • March, 2022

  • Mar 10, 2022

    Date

    Active

    CRMLS: OC22047968

    $3,000,000

    Price

Tax History for 205 28Th St

Assessed Value (2020): $112,133
Year Land Value Improved Value Assessed Value
2020 $68,837 $43,296 $112,133

Home Value Compared to the Market

This property vs the competition

205 28Th St sold on July 29, 2022 for 24.32% 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 $1626.02 per/sqft which puts the price per square foot 19.56% higher than the current median sale per square foot for the city of Newport Beach.

About 205 28Th St

Detailed summary of property

205 28Th St is a duplex that recently sold in Newport Beach, CA 92663. This duplex offered 4 bedrooms, 3.5 bathrooms, roughly 1,722 living square feet, and sits on an approximately 2,614 square foot lot. 205 28Th St was first listed on ArdentRealEstateGroup.com on March 10, 2022. The homeowner sold the property for $2,625,000. 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 24.32% 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 74 days, 205 28Th St has a days on market of 85 days. There are currently 269 homes for sale in the Newport Beach real estate market and 201 of them are single family homes while 55 of them are condos and 13 are townhomes. For more information on this home for sale at 205 28Th 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 205 28Th St

Public county record property details
Beds
--
Baths
2
Year built
1964
Sq. Ft.
1,136
Lot Size
2,827
Stories
2
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
16
APN
047-101-12

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
$4,299,000
Median List Price/Sq.Ft.
$1,509
Median Sold Price
$3,700,000
Median Sold Price/Sq.Ft.
$1,494
Total Inventory
86
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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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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