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3010 W Balboa Blvd, Newport Beach, CA 92663
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3010 W Balboa Blvd Newport Beach, CA 92663

$1,750,000 Sold Price as of 03/29/2019
  • 5 Beds
  • 4 Baths
  • 2,070 Sq.Ft.
Sold
$1,750,000 Sold Price as of 03/29/2019 Refinance Your Mortgage
Map preview of 3010 W Balboa Blvd, Newport Beach, CA 92663

Property Overview: 3010 W Balboa Blvd Newport Beach, CA has 5 bedrooms, 4 bathrooms, 2,070 living square feet and 3,485 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great investment opportunity with 3 bedrooms and 2 bathrooms upstairs and 2 bedrooms and 2 bathrooms downstairs. Upstairs has a large balcony off the master as well as off the living room. This creates a large breeze from the ocean which cools upstairs nicely in summer. Downstairs has a large backyard by Newport Peninsula standards which adds to the spacious feel. The home also has a large 2 car garage and an oversized driveway that can tandem park 4 cars for a potential of 6 parking spaces. Leave it as is with strong tenants or use as you desire.

Listed by Bryan Cox | BRE #01300468 | Netpro Realty
Last checked: 9 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 29

Home details

Lot Sq. Ft
3,485
HOA Dues
$0/mo
Year built
1978
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
OC19022279
City
Newport Beach
County
Orange
Time on Site
1393 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: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,200
  • Total Rent: $3,200
  • Pro Forma/Market Rent: $3,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $4,000
  • Total Rent: $4,000
  • Pro Forma/Market Rent: $4,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $86,400
  • Net Operating Income: $81,840
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $4,560
  • New Taxes: $20,845
  • Trash: $600
  • Insurance: $1,500
  • Water/Sewer: $600

Property Details for 3010 W Balboa Blvd

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: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: Yard
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 04707104
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Peninsula (Residential) (BALP)
  • Directions: balboa blvd & 32nd st
Neighborhood Information
  • Community Features: Curbs, Gutters
View more facts & features

Local Newport Beach Agent

Sale History for 3010 W Balboa Blvd

Last sold for $1,750,000 on March 29th, 2019

  • April, 2019

  • Apr 2, 2019

    Date

    Sold

    CRMLS: OC19022279

    $1,750,000

    Price

  • Feb 28, 2019

    Date

    Pending

    CRMLS: OC19022279

    $1,799,000

    Price

  • Jan 29, 2019

    Date

    Active

    CRMLS: OC19022279

    $1,799,000

    Price

  • March, 2019

  • Mar 29, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,750,000

    Price

  • September, 2018

  • Sep 5, 2018

    Date

    Expired

    CRMLS: OC18110051

    $1,824,999

    Price

  • Sep 4, 2018

    Date

    Withdrawn

    CRMLS: OC18110051

    $1,824,999

    Price

  • Aug 3, 2018

    Date

    Active Under Contract

    CRMLS: OC18110051

    $1,824,999

    Price

  • Jul 17, 2018

    Date

    Price Change

    CRMLS: OC18110051

    $1,824,999

    Price

  • May 11, 2018

    Date

    Active

    CRMLS: OC18110051

    $1,895,000

    Price

  • Listing provided courtesy of CRMLS

    Ideal opportunity to own an investment property on Balboa Peninsula, just steps from award winning beaches, surfing, revitalized Lido Marina Village, the new Lido House Hotel and world-class dining and shopping. This very well-maintained 2,070 sq. ft. duplex is a 3 bed, 2 bath and a 2 bed, 2 bath with seperate built-out office in the garage accessible directly from the upper-unit and garage. Offering an over-sized 2-car garage and driveway to park 2 cars, there is plenty of room for bikes, cars and beach toys. The two-bed unit features an expansive private back patio and the three-bed upstairs unit features two decks, one off the family room and one off the master bedroom. Both units have fresh carpet and paint, while preserving some original character (ex: stain glass accent windows). Laundry is offered in both units. Currently, the property is under lease with a property management company.

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Tax History for 3010 W Balboa Blvd

Assessed Value (2020): $570,568
Year Land Value Improved Value Assessed Value
2020 $405,103 $165,465 $570,568

Home Value Compared to the Market

This property vs the competition

3010 W Balboa Blvd sold on March 29, 2019 for 51.38% 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 $869.08 per/sqft which puts the price per square foot 36.1% lower than the current median sale per square foot for the city of Newport Beach.

About 3010 W Balboa Blvd

Detailed summary of property

3010 W Balboa Blvd is a multi family that recently sold in Newport Beach, CA 92663. This multi family property offered 5 bedrooms, 4 bathrooms, roughly 2,070 living square feet, and sits on an approximately 3,485 square foot lot. 3010 W Balboa Blvd was first listed on ArdentRealEstateGroup.com on July 20, 2020. The homeowner sold the property for $1,750,000. 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 51.38% lower than the current median priced home. Local homes that are currently for sale include 12936 Adelle St, 2112 S Cindy Pl and 2066 S Haster St. While the average home in Newport Beach, CA is selling in 75 days, 3010 W Balboa Blvd has a days on market of 29 days. There are currently 284 homes for sale in the Newport Beach real estate market and 215 of them are single family homes while 56 of them are condos and 13 are townhomes. For more information on this home for sale at 3010 W Balboa Blvd 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 3010 W Balboa Blvd

Public county record property details
Beds
--
Baths
--
Year built
1978
Sq. Ft.
2,070
Lot Size
3,299
Stories
2
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
3
APN
047-071-04

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
$4,395,000
Median List Price/Sq.Ft.
$1,557
Median Sold Price
$3,700,000
Median Sold Price/Sq.Ft.
$1,494
Total Inventory
92
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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