4015 Marcus Ave, Newport Beach, CA 92663
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4015 Marcus Ave Newport Beach, CA 92663

$5,350,000
  • 10 Beds
  • 6 Baths
  • 2,608 Sq.Ft.
For Sale
$5,350,000 Get Pre-Qualified

Map preview of 4015 Marcus Ave, Newport Beach, CA 92663

Property Overview: 4015 Marcus Ave Newport Beach, CA has 10 bedrooms, 6 bathrooms, 2,608 living square feet and 3,014 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Welcome to 4015 Marcus Drive, a captivating property nestled in the heart of Newport Island in Newport Beach. This extraordinary residence boasts a private dock, granting you the privilege of harboring your very own Duffy or larger boat at your waterfront home. Picture the sheer joy of gliding along the pristine waters, watching sunsets, or immersing yourself in the picturesque allure of Newport Harbor at your leisure. More than a haven for a fantastic waterfront lifestyle, this property presents a lucrative investment opportunity. Comprising two separate remodeled and upgraded units totaling 5 bedrooms, it offers flexible options to generate income. Rent out one or both units monthly, establishing a steady stream of revenue. Alternatively, reside in one unit while leasing the other, relishing the comfort of home alongside an additional income source. For paddle boarding enthusiasts, the tranquil harbor presents an ideal canvas for indulging in this popular coastal activity, offering serene and inviting waters for your enjoyment. Newport Beach, renowned for its stunning coastline and vibrant social scene, sets the stage for a life of leisure and enjoyment. Immerse yourself in the thriving Newport Island community, where luxury yachts, waterfront residences, and a vibrant boating culture converge to create an unrivaled coastal experience. As you explore the area, discover the relaxed yet glamorous atmosphere prevalent in Newport Island, nearby Peninsula beaches, Lido Marina Village's upscale shopping, delectable dining options at Fashion Island, and many more along the coast. Contact Broker regarding rental potential and rental history.

Listed by Andy Stavros | BRE #01408840 | DOUGLAS ELLIMAN OF CALIFORNIA, INC.
Last checked: 2 minutes ago | Last updated: January 19th, 2024 | Source CRMLS | DOM: 108
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Home details

Lot Sq. Ft
3,014
HOA Dues
$0/mo
Year built
1950
Garage
2 Car
Property Type:
Duplex
Status
Active
MLS#
LG23224971
City
Newport Beach
County
Orange
Time on Site
134 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 0
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 5
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
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

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Property Details for 4015 Marcus Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate, Tile
  • Entry, Kitchen, Living Room
Kitchen Information
  • Has Appliances
  • Gas Oven, Gas Cooktop
Interior Features
  • Balcony, Open Floorplan
  • Levels: Two
  • Window Features: Bay Window(s)
Exterior Features
Exterior Information
  • Roof: Composition
  • Dock Private
  • Has Fence
  • Partial
  • 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: Level with Street
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Water
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 42305303
  • Year Built Source: Public Records
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is Attached
  • Accessibility Features: None
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: W Balboa Blvd to 38th to Marcus Ave
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

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Sale History for 4015 Marcus Ave

View property's historical transactions
  • December, 2023

  • Dec 15, 2023

    Date

    Active

    CRMLS: LG23224971

    $5,350,000

    Price

Tax History for 4015 Marcus Ave

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

4015 Marcus Ave is listed 24.45% higher than the median list price for the city of Newport Beach which has a median list price of $4,299,000. The median price per/sqft for Newport Beach is $1,506 and this home is listed at $2051.38 per/sqft which puts the price per square foot 36.21% higher than the median price per square foot for the city of Newport Beach.

About 4015 Marcus Ave

Detailed summary of property

4015 Marcus Ave is a duplex located in Newport Beach, CA 92663 and is currently for sale. This duplex offers 10 bedrooms, 6 bathrooms, roughly 2,608 living square feet, and sits on an approximately 3,014 square foot lot. 4015 Marcus Ave was first listed on ArdentRealEstateGroup.com on December 15, 2023. The homeowner is currently asking $5,350,000. The median priced home in Newport Beach is $4,299,000 with a median price per square foot of $1,506. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is listed 24.45% higher than the median priced home. Local competing homes currently for sale include 124 Turquoise Ave, 1012 & 1018 Mission Dr and 246 Fairview St. While the average home in Newport Beach, CA is selling in 75 days, 4015 Marcus Ave has a days on market of 108 days. There are currently 260 homes for sale in the Newport Beach real estate market and 192 of them are single family homes while 54 of them are condos and 14 are townhomes. For more information on this home for sale at 4015 Marcus Ave 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 4015 Marcus Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

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.
$1,522
Median Sold Price
$1,730,000
Median Sold Price/Sq.Ft.
$979
Total Inventory
84
Median Sale to List Price %
100.87%
Avg Days on Market
34
Loan Type
Conventional (23.08%), FHA (0%), VA (0%), Cash (30.77%), Other (46.15%)

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Related Resources to 4015 Marcus Ave

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.