320 Catalina Dr, Newport Beach, CA 92663
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320 Catalina Dr Newport Beach, CA 92663

$1,560,000 Sold Price as of 06/16/2019
  • 6 Beds
  • 4 Baths
  • -- Sq.Ft.
Sold
$1,560,000 Sold Price as of 06/16/2019 Refinance Your Mortgage

Map preview of 320 Catalina Dr, Newport Beach, CA 92663

Property Overview: 320 Catalina Dr Newport Beach, CA has 6 bedrooms, 4 bathrooms, -- living square feet and 6,534 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Lowest priced R2 duplex in Newport! Opportunity is knocking in Newport Heights! Buy this to live in or tear it down and build 2 homes all with separate addresses. Build 2 homes on this RARE street to street lot, or keep the large Duplex that currently exists. The R-2 zoned lot stretches from Catalina Drive up to La Jolla Drive. The existing Duplex has (2) 3 bedroom, 2 bath homes with a 3 car garage and large yard. The duplex is currently occupied on month to month leases with good rental income, until ready to build. Located in the coveted Newport Heights community and walking distance to the Beach, A Market, plenty of restaurants, bars, Starbucks and Parks! For the savvy investor, this is also a great 1031 exchange opportunity in an area that yields high rental income. Short-Term Lodging is allowed subject to zoning compliance, but there is not currently an active permit.(check with the City of Newport Beach). This home is close to great schools including Newport Heights Elementary, Ensign Middle School and Newport Harbor High school. This home is priced to sell, do not miss out. Agent is part owner. Buyer to verify Square footage.

Listed by Antony Shaw | BRE #00857117 | Seaside Realty and Investment
Last checked: 3 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 15

Home details

Lot Sq. Ft
6,534
HOA Dues
$0/mo
Year built
1973
Garage
3 Car
Property Type:
Duplex
Status
Sold
MLS#
NP19122600
City
Newport Beach
County
Orange
Time on Site
1399 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: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,850
  • Total Rent: $2,850
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,550
  • Total Rent: $2,550
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $64,800
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Cable TV: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 320 Catalina Dr

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • In Garage
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Kitchen, Laundry
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Catalina, City Lights, Coastline
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 42538220
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Sewer Available, Sewer Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Newport Heights (NEWH)
  • Directions: Old Newport Blvd right on Catalina Drive Cross Streets: Old Newport/Beacon Street
Neighborhood Information
  • Community Features: Urban
View more facts & features

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Sale History for 320 Catalina Dr

Last leased for $3,950 on April 1st, 2020
  • April, 2020

  • Apr 20, 2020

    Date

    Leased

    CRMLS: NP20059286

    $3,950

    Price

  • Apr 7, 2020

    Date

    Withdrawn

    CRMLS: NP20059286

    $4,450

    Price

  • Mar 18, 2020

    Date

    Active

    CRMLS: NP20059286

    $4,450

    Price

  • Listing provided courtesy of CRMLS

    Completely renovated from top to bottom, this 3 bedroom, 2 bath lower level Newport Beach home has everything one could desire. The home is spacious and bright with beautiful faux wood flooring throughout. The kitchen features brand new, top of the line stainless steel appliances, large island, plenty of cabinet space, custom tile backsplash, and stunning countertops. From the open concept living area, you can step out onto your private backyard/patio area which features beautiful landscaping, retractable awning, and a stylish firepit. In each bedroom you will find large closets with built in organizers and mirrored doors. Both bathrooms are guaranteed to wow you with more custom tilework, modern fixtures, and roomy walk in showers. A few other property highlights include central heat and A/C, washer and dryer in attached 2 car garage, and additional driveway parking.

  • June, 2019

  • Jun 19, 2019

    Date

    Sold

    CRMLS: NP19122600

    $1,560,000

    Price

  • May 25, 2019

    Date

    Active

    CRMLS: NP19122600

    $1,649,000

    Price

  • June, 2019

  • Jun 19, 2019

    Date

    Sold

    CRMLS: NP19122570

    $1,560,000

    Price

  • May 25, 2019

    Date

    Active

    CRMLS: NP19122570

    $1,649,000

    Price

  • Listing provided courtesy of CRMLS

    Opportunity is knocking in Newport Heights! Buy this to live in or tear it down and build 2 homes all with separate addresses. Build 2 homes on this RARE street to street lot, or keep the large Duplex that currently exists. The R-2 zoned lot stretches from Catalina Drive up to La Jolla Drive. The existing Duplex has (2) 3 bedroom, 2 bath homes with a 3 car garage and large yard. The duplex is currently occupied on month to month leases with good rental income, until ready to build. Located in the coveted Newport Heights community and walking distance to the Beach, A Market, plenty of restaurants, bars, Starbucks and Parks! For the savvy investor, this is also a great 1031 exchange opportunity in an area that yields high rental income. Short-Term Lodging is allowed subject to zoning compliance, but there is not currently an active permit.(check with the City of Newport Beach). This home is close to great schools including Newport Heights Elementary, Ensign Middle School and Newport Harbor High school. This home is priced to sell, do not miss out. Agent is part owner. Buyer to verify Square footage.

  • June, 2019

  • Jun 18, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,560,000

    Price

  • October, 2018

  • Oct 14, 2018

    Date

    Expired

    CRMLS: NP18085503

    $1,675,000

    Price

  • Aug 2, 2018

    Date

    Withdrawn

    CRMLS: NP18085503

    $1,675,000

    Price

  • Apr 20, 2018

    Date

    Active

    CRMLS: NP18085503

    $1,675,000

    Price

  • Listing provided courtesy of CRMLS

    Opportunity is knocking in Newport Heights! Buy this to live in or tear it down and build 2 homes all with separate addresses. Build 2 homes on this RARE street to street lot, or keep the large Duplex that currently exists. The R-2 zoned lot stretches from Catalina Drive up to La Jolla Drive. The existing Duplex has (2) 3 bedroom, 2 bath homes with a 3 car garage and large yard. The duplex is currently occupied on month to month leases with good rental income, until ready to build. Located in the coveted Newport Heights community and walking distance to the Beach, A Market, plenty of restaurants, bars, Starbucks and Parks! For the savvy investor, this is also a great 1031 exchange opportunity in an area that yields high rental income. Short-Term Lodging is allowed subject to zoning compliance, but there is not currently an active permit.(check with the City of Newport Beach). This home is close to great schools including Newport Heights Elementary, Ensign Middle School and Newport Harbor High school. This home is priced to sell, do not miss out.

  • October, 2017

  • Oct 8, 2017

    Date

    Expired

    CRMLS: NP17074301

    $1,675,000

    Price

  • Aug 2, 2017

    Date

    Withdrawn

    CRMLS: NP17074301

    $1,675,000

    Price

  • May 10, 2017

    Date

    Active

    CRMLS: NP17074301

    $1,675,000

    Price

  • May 9, 2017

    Date

    Hold

    CRMLS: NP17074301

    $1,675,000

    Price

  • Apr 7, 2017

    Date

    Active

    CRMLS: NP17074301

    $1,675,000

    Price

  • Listing provided courtesy of CRMLS

    Opportunity is knocking in Newport Heights! Buy this to live in or tear it down and build 2 homes all with separate addresses, one on Catalina and one on La Jolla. Price includes plans for 2 homes, one at 3400 sq ft, another with 2583 sq ft with 2 car garage each! Currently has (2) 3 bedroom, 2 bath homes with a 3 car garage and large, street to street lot, where you can build TWO homes! This large R-2 zoned duplex on a huge street to street lot! This home in the coveted Newport Heights community, is a great opportunity for home buyers and investors alike. Could be a great starter home, let the other unit help pay the mortgage! Walking distance to the Beach, A Market, plenty of restaurants, bars, Starbucks and Parks! Who needs a Car???? This is a great opportunity to own and live in the main house and offset your mortgage by renting out the above garage apartment $$. Or flip it? Homes in this neighborhood sell up to the $4 million dollar range. For the savvy investor, this is also a great 1031 exchange opportunity in an area that yields high rental income. This home is close to great schools including Newport Heights Elementary, Ensign Middle School and Newport Harbor High school. Centrally located between beaches, the harbor, shopping, dining and the airport, all well below market value. This home is priced to sell, do not miss out! *Short-Term Lodging is allowed subject to zoning compliance, but there is not currently an active permit.

  • October, 2017

  • Oct 8, 2017

    Date

    Expired

    CRMLS: NP17074275

    $1,675,000

    Price

  • Aug 2, 2017

    Date

    Withdrawn

    CRMLS: NP17074275

    $1,675,000

    Price

  • May 10, 2017

    Date

    Active

    CRMLS: NP17074275

    $1,675,000

    Price

  • May 9, 2017

    Date

    Hold

    CRMLS: NP17074275

    $1,675,000

    Price

  • Apr 7, 2017

    Date

    Active

    CRMLS: NP17074275

    $1,675,000

    Price

  • Listing provided courtesy of CRMLS

    Opportunity is knocking in Newport Heights! Buy this to live in or tear it down and build 2 homes all with separate addresses, one on Catalina and one on La Jolla. Price includes plans for 2 homes, one at 3400 sq ft, another with 2583 sq ft with 2 car garage each! Currently has (2) 3 bedroom, 2 bath homes with a 3 car garage and large, street to street lot, where you can build TWO homes! This large R-2 zoned duplex on a huge street to street lot! This home in the coveted Newport Heights community, is a great opportunity for home buyers and investors alike. Could be a great starter home, let the other unit help pay the mortgage! Walking distance to the Beach, A Market, plenty of restaurants, bars, Starbucks and Parks! Who needs a Car???? This is a great opportunity to own and live in the main house and offset your mortgage by renting out the above garage apartment $$. Or flip it? Homes in this neighborhood sell up to the $4 million dollar range. For the savvy investor, this is also a great 1031 exchange opportunity in an area that yields high rental income. This home is close to great schools including Newport Heights Elementary, Ensign Middle School and Newport Harbor High school. Centrally located between beaches, the harbor, shopping, dining and the airport, all well below market value. This home is priced to sell, do not miss out! *Short-Term Lodging is allowed subject to zoning compliance, but there is not currently an active permit.

  • February, 2005

  • Feb 18, 2005

    Date

    Sold (Public Records)

    Public Records

    $1,225,000

    Price

Show More

Tax History for 320 Catalina Dr

Assessed Value (2020): $1,529,369
Year Land Value Improved Value Assessed Value
2020 $1,391,726 $137,643 $1,529,369

Home Value Compared to the Market

This property vs the competition

320 Catalina Dr sold on June 16, 2019 for 55.43% lower than the current median sold price for the city of Newport Beach which is $3,700,000.

About 320 Catalina Dr

Detailed summary of property

320 Catalina Dr is a duplex that recently sold in Newport Beach, CA 92663. This duplex offered 6 bedrooms, 4 bathrooms, roughly -- living square feet, and sits on an approximately 6,534 square foot lot. 320 Catalina Dr was first listed on ArdentRealEstateGroup.com on July 20, 2020. The homeowner sold the property for $1,560,000. 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 55.43% lower than the current median priced home. Local homes that are currently for sale include 2066 S Haster St, 310 E Wakefield Ave and 915 W Maple Ave. While the average home in Newport Beach, CA is selling in 73 days, 320 Catalina Dr has a days on market of 15 days. There are currently 293 homes for sale in the Newport Beach real estate market and 219 of them are single family homes while 63 of them are condos and 11 are townhomes. For more information on this home for sale at 320 Catalina Dr 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 320 Catalina Dr

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
6,063
Stories
--
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
8
APN
425-382-20

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.
$1,546
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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Related Resources to 320 Catalina Dr

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.