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308 Alvarado Pl, Newport Beach, CA 92661
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308 Alvarado Pl Newport Beach, CA 92661

$2,695,000 Sold Price as of 06/26/2023
  • 4 Beds
  • 3 Baths
  • 2,647 Sq.Ft.
Sold
$2,695,000 Sold Price as of 06/26/2023 Refinance Your Mortgage
Map preview of 308 Alvarado Pl, Newport Beach, CA 92661

Property Overview: 308 Alvarado Pl Newport Beach, CA has 4 bedrooms, 3 bathrooms, 2,647 living square feet and 2,178 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Perfectly situated between the beach and the bay, this charming duplex offers all of the essentials enjoy the best of coastal living with its premiere location and flexible floor plan. The upper owners unit consists of 2 bedrooms and 2 bathrooms plus a den or entertainment area, an office loft, sleeping loft and 2 outdoor patios one with a peak view of the bay. The lower unit offers two bedrooms, 1 bath and open onto a front patio. With close proximity to the beach, the bay and the Balboa Fun Zone, this represents an investment opportunity or an opportunity for an owner-user to enjoy the beach lifestyle in Newport Beach while enjoying additional income from the additional unit.

Listed by Ben Pinel | BRE #02037124 | Compass
Co-listed by Cari Young | BRE #01148961 | Compass
Last checked: 7 minutes ago | Last updated: July 21st, 2023 | Source CRMLS | DOM: 4

Home details

Lot Sq. Ft
2,178
HOA Dues
$0/mo
Year built
1953
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
OC23094304
City
Newport Beach
County
Orange
Time on Site
319 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,000
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: $7,000
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
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 308 Alvarado Pl

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • In Garage
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: Three Or More
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
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: Direct Garage Access
Lot Information
  • Lot Features: Rectangular Lot
  • Lot Size Source: Public Records
  • Common Interest: None
Property Information
  • Has View
  • View: Peek-A-Boo
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 04810236
  • Year Built Source: Public Records
  • 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
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Peninsula (Residential) (BALP)
  • Directions: Coronado to East Bay to Alvarado
Neighborhood Information
  • Community Features: Biking, Watersports, Sidewalks
View more facts & features

Local Newport Beach Agent

Sale History for 308 Alvarado Pl

Last sold for $2,695,000 on June 26th, 2023

  • July, 2023

  • Jul 21, 2023

    Date

    Expired

    CRMLS: OC23026657

    $6,800

    Price

  • Mar 1, 2023

    Date

    Active

    CRMLS: OC23026657

    $6,800

    Price

  • Listing provided courtesy of CRMLS

    Perfectly situated between the beach and the bay, this charming beach cottage offers all of the essentials for coastal living with its premiere location and ocean views. With 3 bedrooms and 2 bathrooms, this home also includes an office loft, 2 outdoor patios and rooftop viewpoint. With close proximity to the beach, the bay and the Balboa Fun Zone, this is an incredible opportunity to enjoy the beach town lifestyle in Newport Beach.

  • June, 2023

  • Jun 26, 2023

    Date

    Sold

    CRMLS: OC23094304

    $2,695,000

    Price

  • May 30, 2023

    Date

    Active

    CRMLS: OC23094304

    $2,695,000

    Price

  • September, 2021

  • Sep 3, 2021

    Date

    Leased

    CRMLS: OC21190071

    $3,000

    Price

  • Aug 29, 2021

    Date

    Active

    CRMLS: OC21190071

    $2,950

    Price

  • Listing provided courtesy of CRMLS

    Perfectly situated between the beach and the bay, this charming beach cottage offers all of the essentials. This two bedroom, 1 bath home includes a beautiful front patio, great for indoor/outdoor living. As an extra perk, the landlord covers all utilities. With close proximity to the beach, the bay and the Balboa Fun Zone, this is an incredible opportunity to enjoy the beach town lifestyle in Newport Beach.

  • June, 2002

  • Jun 3, 2002

    Date

    Sold (Public Records)

    Public Records

    $925,000

    Price

Show More

Tax History for 308 Alvarado Pl

Assessed Value (2020): $1,214,707
Year Land Value Improved Value Assessed Value
2020 $1,081,089 $133,618 $1,214,707

Home Value Compared to the Market

This property vs the competition

308 Alvarado Pl sold on June 26, 2023 for 2.63% 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 $1018.13 per/sqft which puts the price per square foot 5.11% lower than the current median sale per square foot for the city of Newport Beach.

About 308 Alvarado Pl

Detailed summary of property

308 Alvarado Pl is a duplex that recently sold in Newport Beach, CA 92661. This duplex offered 4 bedrooms, 3 bathrooms, roughly 2,647 living square feet, and sits on an approximately 2,178 square foot lot. 308 Alvarado Pl was first listed on ArdentRealEstateGroup.com on June 6, 2023. The homeowner sold the property for $2,695,000. 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 2.63% higher than the current median priced home. Local homes that are currently for sale include 186 Del Mar Ave, 1022 El Camino Dr and 218 Indianapolis Ave. While the average home in Newport Beach, CA is selling in 76 days, 308 Alvarado Pl has a days on market of 4 days. 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 308 Alvarado Pl Newport Beach, CA 92661 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 308 Alvarado Pl

Public county record property details
Beds
--
Baths
--
Year built
1953
Sq. Ft.
1,536
Lot Size
1,712
Stories
2
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
55
APN
048-102-36

The source for these homes facts are from public records.

92661 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$6,595,000
Median List Price/Sq.Ft.
$2,243
Median Sold Price
$11,100,000
Median Sold Price/Sq.Ft.
$2,775
Total Inventory
46
Median Sale to List Price %
94.11%
Avg Days on Market
174
Loan Type
Conventional (33.33%), FHA (0%), VA (0%), Cash (33.33%), Other (33.33%)

Thinking of Selling?

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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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