212 40Th St, Newport Beach, CA 92663
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212 40Th St Newport Beach, CA 92663

$2,495,000
  • 4 Beds
  • 2.5 Baths
  • 2,449 Sq.Ft.
Back Up Offer
$2,495,000 Get Pre-Qualified

Map preview of 212 40Th St, Newport Beach, CA 92663

Property Overview: 212 40Th St Newport Beach, CA has 4 bedrooms, 2.5 bathrooms, 2,449 living square feet and 2,818 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: Nestled in an enviable location just steps from one of Newport's most renowned surfing beaches and just a few strides from the bay should you wish to enjoy a bit of tranquility, this vintage, approximately 2500sf duplex presents an exceptional opportunity for both homeowners and investors. With a little vision, work with the existing bones of this home to create an ideal beach home, or optimize this desirable corner location and construct the home of your dreams. The property features a front unit boasting 3 bedrooms (3rd bedroom converted to a den) and 2 bathrooms plus a large, west-facing patio, complemented by a well-maintained rear unit offering 1 bedroom and 1 bathroom and private balcony, providing flexibility for occupants or potential rental income. Its prime position offers easy access to a vibrant dining and shopping scene, enhancing the lifestyle appeal for residents and attracting potential tenants. With its vintage charm and solid foundation, this property serves as a canvas for enhancement, inviting buyers to customize and upgrade to suit their needs. Property to be sold in as-is condition and seller will not provide any repairs nor credits.

Listed by Jon Flagg | BRE #01316048 | Pacific Sotheby's Int'l Realty
Co-listed by Kyle Flagg | BRE #02095991 | Pacific Sotheby's Int'l Realty
Last checked: 14 minutes ago | Last updated: April 26th, 2024 | Source CRMLS | DOM: 13
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Home details

Lot Sq. Ft
2,818
HOA Dues
$0/mo
Year built
1965
Garage
2 Car
Property Type:
Duplex
Status
Back Up Offer
MLS#
NP24078002
City
Newport Beach
County
Orange
Time on Site
13 days

Open Houses for 212 40Th St

No upcoming open houses

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Property Details for 212 40Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • In Garage
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Downstairs Bedrooms: 2
  • Downstairs Bathrooms: 2
  • Eating Area: Area, Breakfast Counter / Bar
  • Flooring: Carpet, Tile
  • Den, Kitchen, Living Room, Main Floor Bedroom
Kitchen Information
  • Has Appliances
  • Dishwasher, Double Oven, Freezer, Disposal, Gas & Electric Range, Range Hood, Refrigerator, Trash Compactor
  • Kitchen Island, Kitchen Open to Family Room
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 1
Interior Features
  • Beamed Ceilings, Open Floorplan
  • Levels: Two
Exterior Features
Exterior Information
  • Balcony
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Covered, Patio
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Direct Garage Access
  • Has Attached Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 42330701
  • Year Built Source: Assessor
  • Entry Level: 1
  • 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 Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Central Newport (CNEW)
  • Directions: Cross street West Balboa
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
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Sale History for 212 40Th St

Last sold on June 9th, 2009
  • April, 2024

  • Apr 26, 2024

    Date

    Back Up Offer

    CRMLS: NP24078002

    $2,495,000

    Price

  • Apr 19, 2024

    Date

    Active

    CRMLS: NP24078002

    $2,495,000

    Price

  • June, 2009

  • Jun 9, 2009

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 212 40Th St

Assessed Value (2020): $452,862
Year Land Value Improved Value Assessed Value
2020 $371,347 $81,515 $452,862

Home Value Compared to the Market

This property vs the competition

212 40Th St is listed 41.96% lower than the median list price for the city of Newport Beach which has a median list price of $4,298,800. The median price per/sqft for Newport Beach is $1,506 and this home is listed at $1018.78 per/sqft which puts the price per square foot 32.35% lower than the median price per square foot for the city of Newport Beach.

About 212 40Th St

Detailed summary of property

212 40Th St is a duplex located in Newport Beach, CA 92663 and is currently in escrow to be sold. This duplex offers 4 bedrooms, 2.5 bathrooms, roughly 2,449 living square feet, and sits on an approximately 2,818 square foot lot. 212 40Th St was first listed on ArdentRealEstateGroup.com on April 19, 2024. The homeowner is currently asking $2,495,000. The median priced home in Newport Beach is $4,298,800 with a median price per square foot of $1,506. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is listed 41.96% lower than the median priced home. Local competing homes currently for sale include 251 Costa Mesa St, 222 Costa Mesa St and 222 Costa Mesa St. While the average home in Newport Beach, CA is selling in 74 days, 212 40Th St has a days on market of 13 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 212 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 212 40Th St

Public county record property details
Beds
--
Baths
--
Year built
1965
Sq. Ft.
2,449
Lot Size
2,819
Stories
--
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Orange
Lot#
7
APN
423-307-01

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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Related Resources to 212 40Th 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.