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208 29Th St, Newport Beach, CA 92663
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208 29Th St Newport Beach, CA 92663

$2,700,000 Sold Price as of 05/27/2022
  • 4 Beds
  • 2.5 Baths
  • 1,814 Sq.Ft.
Sold
$2,700,000 Sold Price as of 05/27/2022 Refinance Your Mortgage
Map preview of 208 29Th St, Newport Beach, CA 92663

Property Overview: 208 29Th St Newport Beach, CA has 4 bedrooms, 2.5 bathrooms, 1,814 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: Darling beach home with two units in separate structures. Front unit is a 2 bedroom, 2 bath cottage style beach home with private back patio space while the rear unit is a 2 bedroom, 1 bath open plan second floor unit with a private deck at the front door and sits above a 2 car alley accessed garage. There is also a non-conforming adorable studio on the ground floor contiguous to the 2 car garage. Great opportunity for income with long term tenancy, as well as short term vacation rentals, or even a full remodel for a custom home or two condos. With the ocean and sand in view just outside the front door, it is ideally located with only a two minute walk to the beach and five minute walk to the bay side. Restaurants, shopping, a Pavilions grocery store are all just a short walk away. Coin operated laundry units in garage. A fantastic location on the Newport Beach Peninsula. Please do not disturb tenants or walk on property.

Listed by Jim Shute | BRE #01043871 | J.W. Shute International
Last checked: 13 minutes ago | Last updated: May 29th, 2022 | Source CRMLS | DOM: 4

Home details

Lot Sq. Ft
2,614
HOA Dues
$0/mo
Year built
1958
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
PW22072638
City
Newport Beach
County
Orange
Time on Site
753 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # 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: $3,295
  • Total Rent: $39,540
  • Pro Forma/Market Rent: $39,540
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Actual Rent: $3,500
  • Total Rent: $42,000
  • Pro Forma/Market Rent: $42,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $97,800
  • Net Operating Income: $72,800
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $25,000
  • Trash: $360
  • Insurance: $1,450
  • Water/Sewer: $1,280

Property Details for 208 29Th St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • In Garage
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Tile, Vinyl
Kitchen Information
  • Has Appliances
  • Dishwasher, Free-Standing Range, Disposal, Gas Oven
Interior Features
  • Levels: One, Two
Exterior Features
Exterior Information
  • Roof: Shingle
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Assigned, Garage Door Opener
Lot Information
  • Lot Features: Level with Street, Rectangular Lot, Near Public Transit
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 04710106
  • 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
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Peninsula (Residential) (BALP)
  • Directions: Newport Blvd. to 29th Street, Make right, property on left (Do NOT disturb tenants or walk on property)
Neighborhood Information
  • Community Features: Biking
View more facts & features

Local Newport Beach Agent

Sale History for 208 29Th St

Last sold for $2,700,000 on May 27th, 2022

  • April, 2022

  • Apr 11, 2022

    Date

    Active

    CRMLS: PW22072638

    $2,600,000

    Price

  • February, 2021

  • Feb 12, 2021

    Date

    Canceled

    CRMLS: PW21026958

    $1,495

    Price

  • Feb 9, 2021

    Date

    Active

    CRMLS: PW21026958

    $1,495

    Price

  • Listing provided courtesy of CRMLS

    Studio, 1 bath beach rental. Close to the beach, pier, and restaurants/bars. Property is offered for a 1 year term available starting March 1 for $1495 per month. Gas, water, electric, trash and High Speed WiFi are included. Experience a tastefully-appointed wood paneled, lower studio/1 bath unit, just one block from the best beach in town. Within walking distance, residents have easy access to the major grocery store, both high end and casual dining establishments, shops, excursions, recreation and many commercial conveniences. LAUNDRY: Coin-operated laundry facilities are located in the garage and are shared with the other units. 1 Year lease but would consider shorter term.

  • July, 2015

  • Jul 14, 2015

    Date

    Sold (Public Records)

    Public Records

    $1,355,000

    Price

  • March, 2005

  • Mar 25, 2005

    Date

    Sold (Public Records)

    Public Records

    $950,000

    Price

Show More

Tax History for 208 29Th St

Assessed Value (2020): $1,466,694
Year Land Value Improved Value Assessed Value
2020 $1,404,381 $62,313 $1,466,694

Home Value Compared to the Market

This property vs the competition

208 29Th St sold on May 27, 2022 for 29.73% 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 $1433.3 per/sqft which puts the price per square foot 5.39% higher than the current median sale per square foot for the city of Newport Beach.

About 208 29Th St

Detailed summary of property

208 29Th St is a duplex that recently sold in Newport Beach, CA 92663. This duplex offered 4 bedrooms, 2.5 bathrooms, roughly 1,814 living square feet, and sits on an approximately 2,614 square foot lot. 208 29Th St was first listed on ArdentRealEstateGroup.com on April 11, 2022. The homeowner sold the property for $2,700,000. 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 29.73% lower than the current median priced home. Local homes that are currently for sale include 150 Cecil Pl, 186 Del Mar Ave and 206 Chicago Ave. While the average home in Newport Beach, CA is selling in 74 days, 208 29Th St has a days on market of 4 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 208 29Th 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 208 29Th St

Public county record property details
Beds
2
Baths
1
Year built
1958
Sq. Ft.
760
Lot Size
2,594
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
5
APN
047-101-06

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%)

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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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