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2308 W Oceanfront, Newport Beach, CA 92663
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2308 W Oceanfront Newport Beach, CA 92663

$3,450,000 Sold Price as of 11/22/2019
  • 4 Beds
  • 4 Baths
  • 2,330 Sq.Ft.
Sold
$3,450,000 Sold Price as of 11/22/2019 Refinance Your Mortgage
Map preview of 2308 W Oceanfront, Newport Beach, CA 92663

Property Overview: 2308 W Oceanfront Newport Beach, CA has 4 bedrooms, 4 bathrooms, 2,330 living square feet and 1,742 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Stylish Oceanfront Duplex. Seller bought another and MUST SELL! Incredible Income potential. Cool property in a prime beachside location.....with four bedrooms and four baths over two levels....plus 3rd level rooftop deck. Each level has captivating views of the ocean, sunsets and breaking waves! Park up to 4 cars in the oversize garage. Walk to nearby shops and restaurants.

Listed by Sean Stanfield | BRE #01024996 | Pacific Sotheby's Int'l Realty
Last checked: 12 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 54

Home details

Lot Sq. Ft
1,742
HOA Dues
$0/mo
Year built
1965
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
OC19223338
City
Newport Beach
County
Orange
Time on Site
1381 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Partially
  • Actual Rent: $4,500
  • Total Rent: $4,500
  • Pro Forma/Market Rent: $7,500
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: $9,500
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
  • New Taxes: $43,200
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 2308 W Oceanfront

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Level
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Catalina, Coastline, Ocean, Pier, White Water
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 04714215
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Peninsula (Residential) (BALP)
  • Directions: Oceanfront between 23rd & 24th Streets
Neighborhood Information
  • Community Features: Watersports
View more facts & features

Local Newport Beach Agent

Sale History for 2308 W Oceanfront

Last sold on January 27th, 2020

  • January, 2020

  • Jan 27, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • November, 2019

  • Nov 24, 2019

    Date

    Sold

    CRMLS: OC19223338

    $3,450,000

    Price

  • Oct 21, 2019

    Date

    Active Under Contract

    CRMLS: OC19223338

    $3,600,000

    Price

  • Sep 19, 2019

    Date

    Active

    CRMLS: OC19223338

    $3,600,000

    Price

  • November, 2019

  • Nov 24, 2019

    Date

    Sold

    CRMLS: OC19223463

    $3,450,000

    Price

  • Oct 21, 2019

    Date

    Active Under Contract

    CRMLS: OC19223463

    $3,600,000

    Price

  • Sep 19, 2019

    Date

    Active

    CRMLS: OC19223463

    $3,600,000

    Price

  • Listing provided courtesy of CRMLS

    Stylish Oceanfront Duplex. Seller bought another and MUST SELL! Live in one & rent the other. Cool property in prime beachside location.....four bedrooms and four baths over two levels....plus 3rd level rooftop deck. Each level has captivating views of the ocean, sunsets and breaking waves! Oversize garage up to 4 cars. Walk to nearby shops and restaurants.

  • November, 2019

  • Nov 22, 2019

    Date

    Sold (Public Records)

    Public Records

    $3,450,000

    Price

Show More

Tax History for 2308 W Oceanfront

Assessed Value (2020): $2,135,111
Year Land Value Improved Value Assessed Value
2020 $2,028,355 $106,756 $2,135,111

Home Value Compared to the Market

This property vs the competition

2308 W Oceanfront sold on November 22, 2019 for 2.7% 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 $1545.06 per/sqft which puts the price per square foot 13.61% higher than the current median sale per square foot for the city of Newport Beach.

About 2308 W Oceanfront

Detailed summary of property

2308 W Oceanfront is a multi family that recently sold in Newport Beach, CA 92663. This multi family property offered 4 bedrooms, 4 bathrooms, roughly 2,330 living square feet, and sits on an approximately 1,742 square foot lot. 2308 W Oceanfront was first listed on ArdentRealEstateGroup.com on July 20, 2020. The homeowner sold the property for $3,450,000. 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 2.7% lower than the current median priced home. Local homes that are currently for sale include 164 Walnut St, 1532 Miramar Drive and 205 Huntington St. While the average home in Newport Beach, CA is selling in 74 days, 2308 W Oceanfront has a days on market of 54 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 2308 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 2308 W Oceanfront

Public county record property details
Beds
--
Baths
--
Year built
1965
Sq. Ft.
2,330
Lot Size
1,738
Stories
2
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
5
APN
047-142-15

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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