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498 Park Ave, Newport Beach, CA 92662
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498 Park Ave Newport Beach, CA 92662

$10,000
  • 4 Beds
  • 2 Baths
  • 2,183 Sq.Ft.
For Lease
$10,000 Get Pre-Qualified
Map preview of 498 Park Ave, Newport Beach, CA 92662

Property Overview: 498 Park Ave Newport Beach, CA has 4 bedrooms, 2 bathrooms, 2,183 living square feet and 4,367 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: Amazing location near the ferry. The ground floor features beautiful hardwood floors and a generously sized living room that connects seamlessly to the dining area and kitchen. On the main floor, there is a bedroom with two double beds and a 3/4 bathroom conveniently located just outside the bedroom. Moving up to the second level, you'll find plush carpeting and three additional bedrooms. The first bedroom is a queen-size suite with a private full bathroom. The second bedroom is a bunk room with a full-size bed on the lower bunk and a twin-size bed on the upper bunk, along with an additional twin-size trundle bed. There is also a full bathroom in the upper hall. The master bedroom boasts a king-size bed, a 3/4 bathroom en suite, and a small balcony. For your convenience, the second floor is equipped with a stackable washer and dryer. This home also includes air conditioning, an interior dining patio, and two parking spaces in the garage.

Listed by Kristy Holt | BRE #01184014 | Coastline Estates
Last checked: 12 minutes ago | Last updated: March 12th, 2024 | Source CRMLS | DOM: 224

Home details

Lot Sq. Ft
4,367
HOA Dues
$0/mo
Year built
1992
Garage
2 Car
Property Type:
Duplex
Status
Active
MLS#
NP23163401
City
Newport Beach
County
Orange
Time on Site
234 days

Open Houses for 498 Park Ave

No upcoming open houses

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Property Details for 498 Park Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • In Closet, Individual Room, Upper Level
Fireplace Information
  • Has Fireplace
  • Living Room, Patio
Room Information
  • Downstairs Bedrooms: 2
  • Downstairs Bathrooms: 1
  • Eating Area: Area, Separated
  • Flooring: Wood
  • All Bedrooms Up, Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite
Kitchen Information
  • Has Appliances
  • 6 Burner Stove, Dishwasher, Electric Oven, Indoor Grill, Microwave, Refrigerator
  • Tile Counters
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (3/4): 2
Interior Features
  • Balcony
  • Levels: Two
Exterior Features
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Patio, Patio Open
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • No Attached Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Neighborhood, Peek-A-Boo
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 05003141
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Available
Schools
School Information
  • Elementary School: Lincoln
  • Elementary School: LINCOL
  • Middle/Junior High School: Corona Del Mar
  • Middle/Junior High School: CODEMA
  • High School: Corona Del Mar
  • High School: CODEMA
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Island - Main Island (BALM)
  • Directions: Straight down jamboree across the bridge to Marine Ave. right on Park Ave on right
Neighborhood Information
  • Community Features: Biking, Curbs, Fishing, Gutters, Park, Watersports, Sidewalks, Street Lights, Suburban
View more facts & features

Local Newport Beach Agent

Sale History for 498 Park Ave

Last sold for $670,000 on January 12th, 1998

  • September, 2023

  • Sep 5, 2023

    Date

    Active

    CRMLS: NP23163401

    $10,000

    Price

  • April, 2019

  • Apr 12, 2019

    Date

    Canceled

    CRMLS: NP18286570

    $2,495,000

    Price

  • Feb 21, 2019

    Date

    Active

    CRMLS: NP18286570

    $2,495,000

    Price

  • Listing provided courtesy of CRMLS

    This beautifully remodeled duplex on Balboa Island is located just one block from Newport Bay and the iconic ferry to the Peninsula. Situated on the quiet side of Agate Avenue’s peaceful one-way street, the property’s front home offers 3 bedrooms, 3 baths, a newer kitchen with stainless-steel appliances, newer bathrooms, a convenient main level bedroom and a second floor balcony to enjoy the ocean breezes. Spacious front and rear patio spaces encourage outdoor entertaining to capture the idyllic island lifestyle. The back house consists of 2 bedrooms, 2 baths, private balcony, sizable kitchen and vaulted ceilings creating an open and bright living area. Both homes offer their own dedicated, interior laundry rooms, large walk-in closets and air conditioning. Another distinctive feature is the property’s 2-car garage PLUS carport. This rare find is ideal for an owner user or an investor with high-yielding rental rates both during the prime and off seasons. The sought-after Balboa Island location offers easy access to the charming Marine Avenue shops and restaurants in addition to the beaches and entertainment just across the bay.

  • January, 1998

  • Jan 12, 1998

    Date

    Sold (Public Records)

    Public Records

    $670,000

    Price

  • November, 1993

  • Nov 10, 1993

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 498 Park Ave

Assessed Value (2020): $950,801
Year Land Value Improved Value Assessed Value
2020 $684,577 $266,224 $950,801

Home Value Compared to the Market

This property vs the competition

498 Park Ave is currently listed for lease in the city of Newport Beach. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Newport Beach has a median list price of $4,299,000. The median price per/sqft for Newport Beach is $1,506. With those numbers in mind, if you are looking to purchase a median priced home in Newport Beach, CA and put 20% down you will need to save up $859,800 for the down payment and will need roughly $85,980 for closing costs on top of the down payment.

About 498 Park Ave

Detailed summary of property

498 Park Ave is a duplex for lease located in Newport Beach, CA 92662. This duplex offers 4 bedrooms, 2 bathrooms, roughly 2,183 living square feet, and sits on an approximately 4,367 square foot lot. 498 Park Ave was first listed on ArdentRealEstateGroup.com on September 5, 2023. The homeowner is currently asking $10,000. Local homes that are currently for sale include 613 E Balboa Blvd #A, 806 E Oceanfront #B and 1003 E Balboa Blvd. While the average home in Newport Beach, CA is selling in 75 days, 498 Park Ave has a days on market of 224 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 lease at 498 Park Ave Newport Beach, CA 92662 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 498 Park Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
3,467
Stories
--
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Orange
Lot#
23
APN
050-031-41

The source for these homes facts are from public records.

92662 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$4,949,000
Median List Price/Sq.Ft.
$2,362
Median Sold Price
$5,950,000
Median Sold Price/Sq.Ft.
$2,288
Total Inventory
9
Median Sale to List Price %
100%
Avg Days on Market
0
Loan Type
Conventional (100%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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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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