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205 40th St, Newport Beach, CA 92663
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205 40th St Newport Beach, CA 92663

$3,100,000
  • 5 Beds
  • 4.5 Baths
  • 2,251 Sq.Ft.
For Sale
$3,100,000 Get Pre-Qualified
Map preview of 205 40th St, Newport Beach, CA 92663

Property Overview: 205 40th St Newport Beach, CA has 5 bedrooms, 4.5 bathrooms, 2,251 living square feet and 2,614 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Investment opportunity nestled on the Peninsula in Newport Beach, this meticulously maintained duplex features a two-story front unit with 3 bedrooms and 2.5 baths, one bedroom has an ocean view, a two car garage for parking and an office/den. Recently upgraded with gleaming hardwood floors, remodeled bathrooms, plush new carpet in bedrooms, and stylish finishes throughout, the front unit exudes modern comfort. The rear unit, situated upstairs above the garage and carport, offers 2 bedrooms, two full baths, a spacious living area, its own convenient laundry hookup, and a tandem carport. Renovations completed in the last five years include a new underground sewer system for both units, upgraded interior plumbing, and new electrical systems with updated panels, switches, and outlets. Extensive exterior and interior woodwork on windows and doors, new garage door, and refinished wood flooring and paneling further enhance the property's appeal. Presented in turnkey condition, this property showcases pride of ownership at every turn. This is a must see for those that are looking for a quality investment property and for those that might want to live in the front and rent out the back.

Listed by Jason Jacobs | BRE #02108263 | Jim Jacobs Realty
Co-listed by Jim Jacobs | BRE #00868230 | Jim Jacobs Realty
Last checked: 16 minutes ago | Last updated: August 22nd, 2024 | Source CRMLS | DOM: 58

Home details

Lot Sq. Ft
2,614
HOA Dues
$0/mo
Year built
1955
Garage
2 Car
Property Type:
Duplex
Status
Active
MLS#
NP24146808
City
Newport Beach
County
Orange
Time on Site
62 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 0
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $5,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,000
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
  • Furniture Replacement: $0
  • Trash: $1,250
  • Gardener: $0
  • Insurance: $3,000
  • Water/Sewer: $1,250

Open Houses for 205 40th St

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Property Details for 205 40th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Forced Air, Wall Furnace
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, In Carport, Inside, See Remarks, Washer Hookup
Fireplace Information
  • Has Fireplace
  • Living Room, Gas
Room Information
  • Flooring: Carpet, Laminate, Wood
  • All Bedrooms Up, Den, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Gas Oven, Gas Range, Refrigerator, Water Heater
Interior Features
  • Beamed Ceilings
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Has Fence
  • Stucco Wall, Wood
  • 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: Carport, Garage
Lot Information
  • Lot Features: Corner Lot, Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 2
  • Parcel Number: 42330607
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
  • Property Condition: Turnkey, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments, Buyer to Verify
Location / Neighborhood
Location Information
  • Subdivision Name: West Newport Beach (WSNB)
  • Directions: From Newport Blvd, turn right on 32nd then right on W Balboa
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Biking, Curbs, Fishing, Park, Watersports, Sidewalks, Storm Drains, Street Lights
View more facts & features

Local Newport Beach Agent

Sale History for 205 40th St

View property's historical transactions

  • July, 2024

  • Jul 18, 2024

    Date

    Active

    CRMLS: NP24146808

    $3,100,000

    Price

Tax History for 205 40th St

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

205 40th St is listed 26.19% lower than the median list price for the city of Newport Beach which has a median list price of $4,200,000. The median price per/sqft for Newport Beach is $1,512 and this home is listed at $1377.17 per/sqft which puts the price per square foot 8.92% lower than the median price per square foot for the city of Newport Beach.

About 205 40th St

Detailed summary of property

205 40th St is a duplex located in Newport Beach, CA 92663 and is currently for sale. This duplex offers 5 bedrooms, 4.5 bathrooms, roughly 2,251 living square feet, and sits on an approximately 2,614 square foot lot. 205 40th St was first listed on ArdentRealEstateGroup.com on July 19, 2024. The homeowner is currently asking $3,100,000. The median priced home in Newport Beach is $4,200,000 with a median price per square foot of $1,512. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is listed 26.19% lower than the median priced home. Local competing homes currently for sale include 219 E Bay Ave, 206 Chicago Ave and 2501 Florida St. While the average home in Newport Beach, CA is selling in 93 days, 205 40th St has a days on market of 58 days. There are currently 272 homes for sale in the Newport Beach real estate market and 201 of them are single family homes while 56 of them are condos and 15 are townhomes. For more information on this home for sale at 205 40th 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 40th St

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

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
$3,850,000
Median List Price/Sq.Ft.
$1,633
Median Sold Price
$2,670,000
Median Sold Price/Sq.Ft.
$1,489
Total Inventory
92
Median Sale to List Price %
92.23%
Avg Days on Market
51
Loan Type
Conventional (28%), FHA (4%), VA (0%), Cash (32%), Other (36%)

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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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