3707 W Balboa Blvd, Newport Beach, CA 92663
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3707 W Balboa Blvd Newport Beach, CA 92663

$1,485,000 Sold Price as of 02/10/2020
  • 5 Beds
  • 3 Baths
  • 1,628 Sq.Ft.
Sold
$1,485,000 Sold Price as of 02/10/2020 Refinance Your Mortgage

Map preview of 3707 W Balboa Blvd, Newport Beach, CA 92663

Property Overview: 3707 W Balboa Blvd Newport Beach, CA has 5 bedrooms, 3 bathrooms, 1,628 living square feet and 2,219 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Attention investors and developers: Duplex in prime Newport Beach on Balboa Boulevard located seconds from the sand. Lower unit has three bedrooms and two baths with front patio. Living room features fireplace and beamed ceiling with some updating in bathrooms. Upper level offers two bedrooms and one bath. Great patio deck attached to upper level, perfect for entertaining. Both units have granite counters in the kitchen and engineered-wood flooring, and there are laundry machines in the garage. This building does need attention and will be sold as is or can be taken down and replaced with great new building with potential ocean view.

Listed by Terry Thompson | BRE #01244246 | Wish Sotheby's International Realty
Last checked: 13 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 73

Home details

Lot Sq. Ft
2,219
HOA Dues
$0/mo
Year built
1946
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
SR19243090
City
Newport Beach
County
Orange
Time on Site
1357 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: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,395
  • Total Rent: $3,395
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,545
  • Total Rent: $2,545
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $5,940
  • Net Operating Income: $68,820
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $68,820
  • New Taxes: $0
  • Trash: $1,560
  • Insurance: $900
  • Water/Sewer: $900

Property Details for 3707 W Balboa Blvd

Interior Features
Laundry Information
  • Has Laundry
  • In Garage
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Laminate
Kitchen Information
  • Has Appliances
  • Dishwasher
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
  • Has Parking
  • Parking Features: Garage
Lot Information
  • Lot Features: Level with Street, Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 42332305
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Natural Gas Connected, Sewer Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: River Section
  • Directions: River Section
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 3707 W Balboa Blvd

Last sold for $1,485,000 on February 11th, 2020
  • February, 2020

  • Feb 11, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,485,000

    Price

  • February, 2020

  • Feb 2, 2020

    Date

    Sold

    CRMLS: SR19243090

    $1,485,000

    Price

  • Jan 2, 2020

    Date

    Active Under Contract

    CRMLS: SR19243090

    $1,649,000

    Price

  • Nov 4, 2019

    Date

    Price Change

    CRMLS: SR19243090

    $1,649,000

    Price

  • Oct 15, 2019

    Date

    Active

    CRMLS: SR19243090

    $1,725,000

    Price

  • August, 1998

  • Aug 28, 1998

    Date

    Sold (Public Records)

    Public Records

    $375,000

    Price

Show More

Tax History for 3707 W Balboa Blvd

Assessed Value (2020): $521,436
Year Land Value Improved Value Assessed Value
2020 $474,507 $46,929 $521,436

Home Value Compared to the Market

This property vs the competition

3707 W Balboa Blvd sold on February 10, 2020 for 36.58% lower than the current median sold price for the city of Newport Beach which is $2,600,000. The median sold price per/sqft for Newport Beach is $1,282 and this home is sold at $1012.9 per/sqft which puts the price per square foot 20.99% lower than the current median sale per square foot for the city of Newport Beach.

About 3707 W Balboa Blvd

Detailed summary of property

3707 W Balboa Blvd is a duplex that recently sold in Newport Beach, CA 92663. This duplex offered 5 bedrooms, 3 bathrooms, roughly 1,628 living square feet, and sits on an approximately 2,219 square foot lot. 3707 W Balboa Blvd was first listed on ArdentRealEstateGroup.com on July 11, 2020. The homeowner sold the property for $1,485,000. Home in Newport Beach are selling for a median price of $2,600,000 and a median price per square foot of $1,282. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is sold 36.58% lower than the current median priced home. Local homes that are currently for sale include 535 E Van Bibber Ave, 8860 Tina Way and 938 S Gilbuck Dr. While the average home in Newport Beach, CA is selling in 78 days, 3707 W Balboa Blvd has a days on market of 73 days. There are currently 243 homes for sale in the Newport Beach real estate market and 193 of them are single family homes while 41 of them are condos and 9 are townhomes. For more information on this home for sale at 3707 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 3707 W Balboa Blvd

Public county record property details
Beds
3
Baths
2
Year built
1946
Sq. Ft.
1,628
Lot Size
2,250
Stories
--
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Orange
Lot#
17
APN
423-323-05

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.
$1,546
Median Sold Price
$2,560,000
Median Sold Price/Sq.Ft.
$1,290
Total Inventory
80
Median Sale to List Price %
98.46%
Avg Days on Market
46
Loan Type
Conventional (30.77%), FHA (0%), VA (0%), Cash (53.85%), Other (15.38%)

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Related Resources to 3707 W Balboa Blvd

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.