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2202 W Oceanfront, Newport Beach, CA 92663
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2202 W Oceanfront Newport Beach, CA 92663

$4,100,000 Sold Price as of 09/17/2021
  • 5 Beds
  • 0 Baths
  • 3,400 Sq.Ft.
Sold
$4,100,000 Sold Price as of 09/17/2021 Refinance Your Mortgage
Map preview of 2202 W Oceanfront, Newport Beach, CA 92663

Property Overview: 2202 W Oceanfront Newport Beach, CA has 5 bedrooms, -- bathrooms, 3,400 living square feet and 3,049 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Situated directly in front of Blackies surf break with views of the Newport Pier, crashing waves, and Catalina Island, this oceanfront quadruplex with garage parking for 4-cars presents a rare investment opportunity for stable, long-term income as well as short-term lodging income. Thoughtfully designed, the beautiful upper units, (1) 2BR/2BA and (1) 1BR/1BA, can be combined for a 3BR/2BA unit to accommodate larger groups and earn premium rates. Fit with quality stainless steel appliances, a marble fireplace, cherry-wood cabinets, teak flooring and voluminous ceilings, the ocean-facing upper unit is an attractive residence for a homeowner or luxury vacationers alike. A spacious sundeck with built-in barbecue and bar-top offers the coveted indoor-outdoor lifestyle and a private retreat to watch passerby, sunsets, and surfers challenging the waves. Each upper unit comes with in-unit laundry and has been recently refurnished (2020), painted, and permitted for short-term lodging, while the (2) 1BR/1BA lower units share laundry in the garage and showcase new vinyl flooring. Additional highlights include one new garage door and track as well as a gated courtyard entry. Given its highly desirable location and luxe accommodations at the center of Newport’s cultural attractions, the income potential for this performing asset reveal a sound investment.

Listed by Tim Smith | BRE #01346878 | Coldwell Banker Realty
Last checked: 1 minute ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
3,049
HOA Dues
$0/mo
Year built
1961
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
NP21205982
City
Newport Beach
County
Orange
Time on Site
941 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $25,200
  • Pro Forma/Market Rent: $32,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,350
  • Total Rent: $28,200
  • Pro Forma/Market Rent: $32,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 0
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $5,400
  • Total Rent: $64,800
  • Pro Forma/Market Rent: $79,300
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $2,900
  • Total Rent: $34,800
  • Pro Forma/Market Rent: $53,250
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $149,400
  • Net Operating Income: $88,522
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $60,878
  • Electric: $1,250
  • Gas/Fuel: $350
  • New Taxes: $40,000
  • Trash: $0
  • Gardener: $960
  • Insurance: $2,800
  • Professional Management: $9,711
  • Water/Sewer: $1,100
  • Other Expenses: $4,707
  • Other Expense Description: other

Virtual Tour

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Property Details for 2202 W Oceanfront

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Laundry Information
  • Has Laundry
  • In Closet, In Garage, Inside, Stackable
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Entry, Kitchen, Living Room, Main Floor Bedroom
Kitchen Information
  • Has Appliances
  • Dishwasher, Freezer, Gas Range, Gas Cooktop, Microwave, Range Hood, Refrigerator
Interior Features
  • Balcony, High Ceilings
  • Levels: Two
  • Window Features: Blinds, Double Pane Windows
  • Door Features: Mirror Closet Door(s), Sliding Doors
Exterior Features
Exterior Information
  • Barbecue Private
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Garage
Lot Information
  • Lot Features: Landscaped
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Catalina, Coastline, Ocean, Water, White Water
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 04714324
  • Year Built Source: Assessor
  • Property is not Attached
  • Offered With Property: Select Furnishings in Upper Units
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, Water Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Peninsula (Residential) (BALP)
  • Directions: Oceanfront & 22nd Street
Neighborhood Information
  • Community Features: Curbs, Fishing, Sidewalks, Street Lights
View more facts & features

Local Newport Beach Agent

Sale History for 2202 W Oceanfront

Last sold for $4,100,000 on September 17th, 2021

  • September, 2021

  • Sep 17, 2021

    Date

    Sold

    CRMLS: NP21205982

    $4,100,000

    Price

  • Sep 17, 2021

    Date

    Active

    CRMLS: NP21205982

    $4,100,000

    Price

  • May, 2021

  • May 1, 2021

    Date

    Expired

    CRMLS: NP20182603

    $4,495,000

    Price

  • Sep 4, 2020

    Date

    Active

    CRMLS: NP20182603

    $4,495,000

    Price

  • Listing provided courtesy of CRMLS

  • September, 2020

  • Sep 1, 2020

    Date

    Expired

    CRMLS: NP20085106

    $7,600

    Price

  • May 24, 2020

    Date

    Withdrawn

    CRMLS: NP20085106

    $7,600

    Price

  • May 19, 2020

    Date

    Pending

    CRMLS: NP20085106

    $7,600

    Price

  • May 5, 2020

    Date

    Active

    CRMLS: NP20085106

    $7,600

    Price

  • Listing provided courtesy of CRMLS

    A fully furnished rental available for a yearly lease, or shorter monthly duration. Ideal for corporate housing, temporary relocation, extended stays, or a home-away-from-home during renovations. Our accommodation is located entirely on the upper floor, just above the iconic beachfront boardwalk, and the Newport Pier area commercial district. Artistically detailed furnishings, along with granite counters, plush upholstery and fixtures provide the backdrop for the spectacular view of the Pacific Ocean that is second to none. Comfortable, exceptionally clean, and recently updated, the home is equipped with all standard large and small appliances, dishes, cookware, cutlery, and bedding (optional). This private upper unit comes with 2 car garage parking, laundry facilities, flat screen TVs, Wifi, as well as a private front and side balcony and gas BBQ. All bedrooms boast a Queen size bed, and wall mounted A/C units. The kitchens (Yes, 2 kitchens!) are an entertainer’s dream with open floor plan, beautiful counter-tops, and high-end appliances (oven/range, dishwasher, refrigerator). Both living rooms (Yes, 2 living rooms!) has been comfortably and tastefully appointed with comfortable couches, additional seating, and dining tables. Tenant will be responsible to pay for utilities by reimbursing utility bills or paying a flat monthly rate. Available immediately up to a 12-month lease, with shorter durations considered at adjusted prices.

  • August, 2020

  • Aug 11, 2020

    Date

    Leased

    CRMLS: NP20085119

    $2,800

    Price

  • May 24, 2020

    Date

    Withdrawn

    CRMLS: NP20085119

    $2,800

    Price

  • May 24, 2020

    Date

    Active

    CRMLS: NP20085119

    $2,800

    Price

  • May 24, 2020

    Date

    Hold

    CRMLS: NP20085119

    $2,800

    Price

  • May 22, 2020

    Date

    Pending

    CRMLS: NP20085119

    $2,800

    Price

  • May 5, 2020

    Date

    Active

    CRMLS: NP20085119

    $2,800

    Price

  • Listing provided courtesy of CRMLS

    A fully furnished rental available for a yearly lease (Back unit) or shorter monthly durations. Ideal for corporate housing, temporary relocation, extended stays, or a home-away-from-home during renovations. Our accommodation is located entirely on the upper floor, just above the iconic beachfront boardwalk, and the Newport Pier area commercial district. Artistically detailed furnishings, along with granite counters, plush upholstery and fixtures provide the backdrop for a spectacular home directly in front of the Pacific Ocean. Comfortable, exceptionally clean, and recently updated, the home is equipped with all standard large and small appliances, dishes, cookware, cutlery, and bedding (optional). This private upper unit comes with 1 car garage parking, laundry facilities, flat screen TV, Wifi, as well as a small private balcony with a peek-a-boo ocean view. The bedroom boasts a Queen size bed. The updated bathroom has a tub/shower combo. The kitchen is an entertainer’s dream with open floor plan, beautiful countertops, and high-end appliances (oven/range, dishwasher, refrigerator). The living room has been comfortably and tastefully appointed with a comfortable couch, dining table, and additional seating. Tenant will be responsible to pay for utilities, less water/trash, by reimbursing utility bills or paying a flat monthly rate. Available immediately up to a 12-month lease, with shorter durations considered at adjusted prices.

  • August, 2020

  • Aug 11, 2020

    Date

    Leased

    CRMLS: NP20085025

    $5,200

    Price

  • May 24, 2020

    Date

    Withdrawn

    CRMLS: NP20085025

    $4,800

    Price

  • May 24, 2020

    Date

    Pending

    CRMLS: NP20085025

    $4,800

    Price

  • May 24, 2020

    Date

    Active

    CRMLS: NP20085025

    $4,800

    Price

  • May 18, 2020

    Date

    Pending

    CRMLS: NP20085025

    $4,800

    Price

  • May 5, 2020

    Date

    Active

    CRMLS: NP20085025

    $4,800

    Price

  • Listing provided courtesy of CRMLS

    A fully furnished rental available for a yearly lease (ocean view front unit), or shorter monthly duration. Ideal for corporate housing, temporary relocation, extended stays, or a home-away-from-home during renovations. Our accommodation is located entirely on the upper floor, just above the iconic beachfront boardwalk, and the Newport Pier area commercial district. Artistically detailed furnishings, along with granite counters, plush upholstery and fixtures provide the backdrop for the spectacular view of the Pacific Ocean that is second to none. Comfortable, exceptionally clean, and recently updated, the home is equipped with all standard large and small appliances, dishes, cookware, cutlery, and bedding (optional). This private upper unit comes with 1 car garage parking, laundry facilities, flat screen TV, Wifi, as well as a private front balcony and gas BBQ. All bedrooms boast a Queen size bed, and wall mounted A/C units. The bathrooms have a tub/shower combo in one, and a walk-in shower in the other. The kitchen is an entertainer’s dream with open floor plan, beautiful counter-tops, and high-end appliances (oven/range, dishwasher, refrigerator). Tenant will be responsible to pay for utilities, less water/trash, by reimbursing utility bills or paying a flat monthly rate. Available immediately up to a 12-month lease, with shorter duration considered at adjusted prices. Specs: -Parking: 1 garage space -A/C: Yes. Wall mounted in some bedrooms. -Upstairs unit

  • March, 2020

  • Mar 27, 2020

    Date

    Leased

    CRMLS: NP20049013

    $2,350

    Price

  • Mar 11, 2020

    Date

    Active

    CRMLS: NP20049013

    $2,350

    Price

  • Mar 6, 2020

    Date

    Hold

    CRMLS: NP20049013

    $2,350

    Price

  • Mar 5, 2020

    Date

    Active

    CRMLS: NP20049013

    $2,350

    Price

  • Listing provided courtesy of CRMLS

    MOVE-IN READY BY APRIL 1, 2020. THE PROPERTY IS IN THE PROCESS OF BEING RENOVATED. Step through lushly landscaped walkway that leads out to the beach parking lot and your are on the sand!!! 1 bedroom, 1 Bath + 1 car garage space. Ready to relax, enjoy the sun and sites of this beautiful coastal town of Newport Beach! Located next to the boardwalk, scene of surfers, sunbathers and visitors, beach lifestyle outdoor dining, sunning, romantic sunset photos, or simply watching the world go by. You are within a short distance to: fine 5-star dining at 21 Oceanfront; casual, iconic, local favorites such as the Crab Cooker, Charlie’s Chili, The Blue Beet, Flyin’ Fish, to name a few; ice-cream/gelato joints, donuts, coffee; bars, entertainment and shops galore! With this home’s location on the world famous boardwalk near the Newport Pier area, guests are also a short walk away to full access to Newport’s beautiful bay and pleasure harbor for boating, kayaking, paddling and sight-seeing. Everything desired is just a walk away....especially the beach!

  • March, 2020

  • Mar 25, 2020

    Date

    Leased

    CRMLS: NP19278567

    $2,350

    Price

  • Dec 11, 2019

    Date

    Withdrawn

    CRMLS: NP19278567

    $2,350

    Price

  • Dec 10, 2019

    Date

    Active

    CRMLS: NP19278567

    $2,350

    Price

  • Listing provided courtesy of CRMLS

    ON HOLD UNTIL TENANT MOVES OUT AND PROPERTY IS RENOVATED. Step through lushly landscaped walkway that leads out to the beach parking lot and your are on the sand!!! 1 bedroom, 1 Bath + 1 car garage space. Ready to relax, enjoy the sun and sites of this beautiful coastal town of Newport Beach! Located next to the boardwalk, scene of surfers, sunbathers and visitors, beach lifestyle outdoor dining, sunning, romantic sunset photos, or simply watching the world go by. You are within a short distance to: fine 5-star dining at 21 Oceanfront; casual, iconic, local favorites such as the Crab Cooker, Charlie’s Chili, The Blue Beet, Flyin’ Fish, to name a few; ice-cream/gelato joints, donuts, coffee; bars, entertainment and shops galore! With this home’s location on the world famous boardwalk near the Newport Pier area, guests are also a short walk away to full access to Newport’s beautiful bay and pleasure harbor for boating, kayaking, paddling and sight-seeing. Everything desired is just a walk away....especially the beach! Move-in ready by January 4, 2020.

  • February, 2019

  • Feb 21, 2019

    Date

    Canceled

    CRMLS: NP18294528

    $2,500

    Price

  • Dec 20, 2018

    Date

    Active

    CRMLS: NP18294528

    $2,500

    Price

  • Listing provided courtesy of CRMLS

    Step through the gate, to the lushly landscaped walkway that leads to our spacious upstairs FULLY FURNISHED One Bedroom (back unit), and immediately you are ready to enjoy the sun and sites of this beautiful coastal town we call Newport Beach! Located above the boardwalk scene of surfers, sunbathers and visitors, is a Grand Oasis, with artistically detailed furnishings, and leisurely comfort throughout. Best of all, the spectacular view of the vast Pacific Ocean and Catalina Island await at a few steps to the beach. The gourmet kitchen is well-stocked with all the cookware and dinnerware for family meals or quick snacks between surf sessions out front. The bedroom is furnished with a Queen bed and. Great eateries are within a short walking distance: fine 5-star dining at 21 Oceanfront; casual, iconic, local favorites such as Charlie’s Chili, The Blue Beet, Flyin’ Fish, to name a few; ice-cream/gelato joints, donuts, coffee; bars, and shops galore! short walk away to full access of Newport’s beautiful bay and pleasure harbor for boating, kayaking, paddling and sight-seeing. No Parking included. Free metered parking between 6pm-8am.

  • February, 2019

  • Feb 21, 2019

    Date

    Canceled

    CRMLS: NP18294332

    $5,400

    Price

  • Dec 20, 2018

    Date

    Active

    CRMLS: NP18294332

    $5,400

    Price

  • Listing provided courtesy of CRMLS

    Step through the gate, to the lushly landscaped walkway that leads to our spacious upstairs FULLY FURNISHED oceanfront home, and immediately you are ready to enjoy the sun and sites of this beautiful coastal town we call Newport Beach! Located above the boardwalk scene of surfers, sunbathers and visitors, is a Grand Oasis, with artistically detailed furnishings, and leisurely comfort throughout. Best of all, the spectacular view of the vast Pacific Ocean and Catalina Island, a welcoming front deck for barbecuing, outdoor dining, sunning, and romantic sunset photos. The main indoor sitting area offers an endless ocean view from its oversized windows, vaulted ceilings, fireplace, and TV entertainment headquarters. The adjacent gourmet kitchen is well-stocked with all the cookware and dinnerware for family meals or quick snacks between surf sessions out front. Both bedrooms are furnished with a Queen bed and ductless air conditioning/heating for night-time sleeping comfort during any season of the year. Great eateries are within a short walking distance: fine 5-star dining at 21 Oceanfront; casual, iconic, local favorites such as Charlie’s Chili, The Blue Beet, Flyin’ Fish, to name a few; ice-cream/gelato joints, donuts, coffee; bars, and shops galore! short walk away to full access of Newport’s beautiful bay and pleasure harbor for boating, kayaking, paddling and sight-seeing. PARKING: 2-car parking in the front garage for standard size vehicles (70" High).

  • January, 2019

  • Jan 21, 2019

    Date

    Leased

    CRMLS: NP18291227

    $2,100

    Price

  • Jan 15, 2019

    Date

    Pending

    CRMLS: NP18291227

    $2,100

    Price

  • Jan 10, 2019

    Date

    Price Change

    CRMLS: NP18291227

    $2,100

    Price

  • Jan 7, 2019

    Date

    Price Change

    CRMLS: NP18291227

    $2,300

    Price

  • Dec 14, 2018

    Date

    Active

    CRMLS: NP18291227

    $2,350

    Price

  • Listing provided courtesy of CRMLS

    Step through lushly landscaped walkway that leads out to the beach parking lot and your are on the sand!!! Ready to relax, enjoy the sun and sites of this beautiful coastal town of Newport Beach! Located next to the boardwalk, scene of surfers, sunbathers and visitors, beach lifestyle outdoor dining, sunning, romantic sunset photos, or simply watching the world go by. You are within a short distance to: fine 5-star dining at 21 Oceanfront; casual, iconic, local favorites such as the Crab Cooker, Charlie’s Chili, The Blue Beet, Flyin’ Fish, to name a few; ice-cream/gelato joints, donuts, coffee; bars, entertainment and shops galore! With this home’s location on the world famous boardwalk near the Newport Pier area, guests are also a short walk away to full access to Newport’s beautiful bay and pleasure harbor for boating, kayaking, paddling and sight-seeing. Everything desired is just a walk away….especially the beach! Move-in ready by December 21, 2018.

  • May, 2015

  • May 8, 2015

    Date

    Sold (Public Records)

    Public Records

    $3,450,000

    Price

Show More

Tax History for 2202 W Oceanfront

Assessed Value (2020): $3,694,774
Year Land Value Improved Value Assessed Value
2020 $3,620,879 $73,895 $3,694,774

Home Value Compared to the Market

This property vs the competition

2202 W Oceanfront sold on September 17, 2021 for 56.13% higher than the current median sold price for the city of Newport Beach which is $2,626,000. The median sold price per/sqft for Newport Beach is $1,073 and this home is sold at $1205.88 per/sqft which puts the price per square foot 12.38% higher than the current median sale per square foot for the city of Newport Beach.

About 2202 W Oceanfront

Detailed summary of property

2202 W Oceanfront is a fourplex that recently sold in Newport Beach, CA 92663. This fourplex offered 5 bedrooms, -- bathrooms, roughly 3,400 living square feet, and sits on an approximately 3,049 square foot lot. 2202 W Oceanfront was first listed on ArdentRealEstateGroup.com on September 20, 2021. The homeowner sold the property for $4,100,000. Home in Newport Beach are selling for a median price of $2,626,000 and a median price per square foot of $1,073. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is sold 56.13% higher than the current median priced home. Local homes that are currently for sale include 124 Pearl Ave, 124 Turquoise Ave and 164 Walnut St. There are currently 259 homes for sale in the Newport Beach real estate market and 190 of them are single family homes while 54 of them are condos and 15 are townhomes. For more information on this home for sale at 2202 W Oceanfront 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 2202 W Oceanfront

Public county record property details
Beds
--
Baths
--
Year built
1961
Sq. Ft.
2,640
Lot Size
3,119
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
2
APN
047-143-24

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
$4,399,000
Median List Price/Sq.Ft.
$1,546
Median Sold Price
$1,730,000
Median Sold Price/Sq.Ft.
$979
Total Inventory
85
Median Sale to List Price %
100.87%
Avg Days on Market
34
Loan Type
Conventional (23.08%), FHA (0%), VA (0%), Cash (30.77%), Other (46.15%)

Thinking of Selling?

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Is this your property?
Thinking of Selling?
Call, Text or Message
(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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