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3215 Clay St, Newport Beach, CA 92663
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3215 Clay St Newport Beach, CA 92663

$2,150,000 Sold Price as of 11/01/2021
  • 6 Beds
  • 6 Baths
  • 2,602 Sq.Ft.
Sold
$2,150,000 Sold Price as of 11/01/2021 Refinance Your Mortgage
Map preview of 3215 Clay St, Newport Beach, CA 92663

Property Overview: 3215 Clay St Newport Beach, CA has 6 bedrooms, 6 bathrooms, 2,602 living square feet and 5,371 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great opportunity to own a Duplex in Newport Beach. Located in coveted neighborhood of Newport Heights among luxury homes. This property is a rare find. Both units are 3 Bedrooms 2.5 Baths each with 2 Car garages, direct garage access and good size backyard with patio. Interiors were updated 2 and 3 years ago. Laminate Floors, Granite countertops, Dual Paned Windows and Doors. Each unit has a nice size private backyard and patio.Tenants pay gas & electric, owner pays water and trash & insurance. Both tenants are on month to month agreements and are good tenants. If you have interest in building your dream home you can keep the tenants until you are ready to build. Newport Heights community is within walking distance to the Beach, Markets, a multitude of excellent restraurants, bars, Starbucks, Parks & Hoag Hospital. Newport Heights is an exclsive neighborhood within walking or biking to the Pennisula, Lido Island, The Pier, Boating, Surfing, Paddle Boarding, and every restraunt you could dream of. This is a quiet, friendly neighborhood.The property is located close to great schools, including Newport Heights Elementary, Ensign Middle School & Newport Harbor High School. Rents are well below current market rates of approximately $4,500. The interior photos are of one of the units, both units are model matches. In the Newport Heights neighborhood title shows there are only 18 duplexes, 1 triplex & 2 4 Plexes. This is really a rare find. Please view the video to show proximity to the beach, click on the 360 above to see everything Newport Beach has to offer. You can also go to the web site attached for Vimeo https://vimeo.com/user9072077/review/610469717/61c3ee31c9

Listed by Shariee Dunn | BRE #00554534 | BHHS CA Properties
Last checked: 12 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 13

Home details

Lot Sq. Ft
5,371
HOA Dues
$0/mo
Year built
1977
Garage
4 Car
Property Type:
Apartment
Status
Sold
MLS#
PW21203687
City
Newport Beach
County
Orange
Time on Site
960 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,500
  • Total Rent: $3,500
  • Pro Forma/Market Rent: $4,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,500
  • Total Rent: $3,500
  • Pro Forma/Market Rent: $4,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 2.69%
  • Gross Rent Multiplier: 25
  • Gross Scheduled Income: $84,000
  • Net Operating Income: $56,570
  • Gross Operating Income: $82,320
  • Vacancy Allowance: $1,680
  • # of Rented Garages: 0
  • Laundry Income: $0
  • Other Income 1: $0
  • Other Income Description: none
Annual Expense Breakdown
  • Total Operating Expense: $25,750
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $22,050
  • Furniture Replacement: $0
  • Trash: $1,200
  • Cable TV: $0
  • Gardener: $0
  • Insurance: $1,300
  • Workman's Comp: $0
  • Professional Management: $0
  • Water/Sewer: $1,200

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 3215 Clay St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Individual Room, Inside
Fireplace Information
  • Has Fireplace
  • Living Room, Gas
Room Information
  • Flooring: Laminate
  • All Bedrooms Up, Laundry, Living Room, Master Bathroom, Master Bedroom
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave
Interior Features
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
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: 4
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Driveway, Concrete, Driveway Level, Garage, Garage Faces Front, Garage - Two Door, Garage Door Opener, Off Street, On Site, Private, Side by Side
Lot Information
  • Lot Features: Back Yard, Landscaped, Level with Street, Near Public Transit, Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 42528105
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Newport Heights
  • Directions: North on Old Newport Blvd, right on Westminster Ave, left on Clay
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban
View more facts & features

Local Newport Beach Agent

Sale History for 3215 Clay St

Last sold for $2,150,000 on November 1st, 2021

  • November, 2021

  • Nov 1, 2021

    Date

    Sold

    CRMLS: PW21203687

    $2,150,000

    Price

  • Sep 21, 2021

    Date

    Active

    CRMLS: PW21203687

    $2,100,000

    Price

  • January, 2020

  • Jan 15, 2020

    Date

    Leased

    CRMLS: OC19260080

    $3,500

    Price

  • Jan 7, 2020

    Date

    Pending

    CRMLS: OC19260080

    $3,500

    Price

  • Nov 10, 2019

    Date

    Active

    CRMLS: OC19260080

    $3,500

    Price

  • Listing provided courtesy of CRMLS

    Live in one of the most desirable neighborhoods with highly rated schools. Photos are of the mirror image for #B. The finish and feel will be of the same quality. Beautifully remodeled town home style with new floors and counter tops. Spacious Living room has a gas fireplace and opens out to the fenced yard and private patio. The walls are a soft grey and the cabinets and trim are white. Large Master with walk in closet and another closet. Washer and dryer hookups are conveniently located upstairs next to the bedrooms with gas & electric hookups. Tenants are responsible for landscape including mowing the grass. 2 car garage and driveway can accommodate more cars. Separate front door with side entrance for your guests. Skylights over the stairs and in the bathrooms. Only 1 shared wall.

  • November, 2019

  • Nov 3, 2019

    Date

    Leased

    CRMLS: OC19196507

    $3,500

    Price

  • Nov 1, 2019

    Date

    Pending

    CRMLS: OC19196507

    $3,500

    Price

  • Aug 18, 2019

    Date

    Active

    CRMLS: OC19196507

    $3,500

    Price

  • Listing provided courtesy of CRMLS

    Welcome to Newport Heights and all of the conveniences. Beautifully remodeled town home style with new floors counter tops, stove and dishwasher is available for immediate move in. Spacious Living room has a fireplace and opens out to the fenced yard and private patio. The walls are a soft grey and the cabinets and trim are white. Large Master with walk in closet and another closet. Washer and dryer hookups are conveniently located upstairs next to the bedrooms gas & electric hookups. Tenants are responsible for landscape including mowing the grass. 2 car garage and driveway can accommodate more cars. Separate front door with side entrance for your guests. Skylights and only 1 shared wall means lots of natural light.

  • April, 2010

  • Apr 28, 2010

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 3215 Clay St

Assessed Value (2020): $338,414
Year Land Value Improved Value Assessed Value
2020 $71,067 $267,347 $338,414

Home Value Compared to the Market

This property vs the competition

3215 Clay St sold on November 1, 2021 for 43.24% 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 $807.07 per/sqft which puts the price per square foot 40.66% lower than the current median sale per square foot for the city of Newport Beach.

About 3215 Clay St

Detailed summary of property

3215 Clay St is a apartment that recently sold in Newport Beach, CA 92663. This apartment offered 6 bedrooms, 6 bathrooms, roughly 2,602 living square feet, and sits on an approximately 5,371 square foot lot. 3215 Clay St was first listed on ArdentRealEstateGroup.com on September 22, 2021. The homeowner sold the property for $2,150,000. 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 43.24% lower than the current median priced home. Local homes that are currently for sale include 186 Del Mar Ave, 16426 San Jacinto Street and 205 19th St. While the average home in Newport Beach, CA is selling in 73 days, 3215 Clay St has a days on market of 13 days. There are currently 275 homes for sale in the Newport Beach real estate market and 208 of them are single family homes while 54 of them are condos and 13 are townhomes. For more information on this home for sale at 3215 Clay St 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 3215 Clay St

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
5,371
Stories
1
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
7
APN
425-281-05

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
88
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%)

Thinking of Selling?

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(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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