6503 Seashore Dr, Newport Beach, CA 92663
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6503 Seashore Dr Newport Beach, CA 92663

$2,387,500 Sold Price as of 03/13/2020
  • 4 Beds
  • 4 Baths
  • 1,920 Sq.Ft.
Sold
$2,387,500 Sold Price as of 03/13/2020 Refinance Your Mortgage

Map preview of 6503 Seashore Dr, Newport Beach, CA 92663

Property Overview: 6503 Seashore Dr Newport Beach, CA has 4 bedrooms, 4 bathrooms, 1,920 living square feet and 3,485 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Boasting a nearly 3,500 square foot lot and ocean views, approximately 50 steps from the sands of the Pacific Ocean, this West Newport Beach duplex is a hidden gem for those wanting the beach lifestyle away from the overloaded tourist hubs. Zoned R2 and approved for short-term rentals, this prime duplex - currently featuring two, two-bedroom and two-bathroom units, one with an ocean view - has endless options... keep as-is and rent one or both units for income (short-term rentals for added profits or long-term rentals for reduced turnover and increased stability); live in one, rent the other; remodel both for added income or living comfort; or, perhaps the most advantageous opportunity with this extensive lot - build an enormous new duplex or astounding single-family home. The possibilities are truly endless. In addition to direct beach access mere paces away, enjoy nearby parks, restaurants, walking, biking, shopping and everything Newport Beach has to offer.

Listed by Devin Lucas | BRE #01912302 | Villa Real Estate
Co-listed by Courtney Lucas | BRE #02015514 | Villa Real Estate
Last checked: 14 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 229

Home details

Lot Sq. Ft
3,485
HOA Dues
$0/mo
Year built
1951
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
NP19158179
City
Newport Beach
County
Orange
Time on Site
1392 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: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 3
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,700
  • Total Rent: $3,700
  • Pro Forma/Market Rent: $3,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 3
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,600
  • Total Rent: $2,600
  • Pro Forma/Market Rent: $2,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $75,600
  • Net Operating Income: $70,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $5,600
  • New Taxes: $29,800
  • Trash: $600
  • Insurance: $2,000

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Property Details for 6503 Seashore Dr

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Garage
Lot Information
  • Lot Features: Corner Lot, Rectangular Lot, Value In Land
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 04509203
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: West Newport Beach (WSNB)
  • Directions: From PCH, enter via Prospect, turn right (north) onto Seashore, property will be on left
Neighborhood Information
  • Community Features: Biking, Curbs, Gutters, Sidewalks, Street Lights, Suburban
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Sale History for 6503 Seashore Dr

Last sold for $2,387,500 on March 13th, 2020
  • March, 2020

  • Mar 14, 2020

    Date

    Sold

    CRMLS: NP19158179

    $2,387,500

    Price

  • Feb 20, 2020

    Date

    Active Under Contract

    CRMLS: NP19158179

    $2,800,000

    Price

  • Nov 19, 2019

    Date

    Price Change

    CRMLS: NP19158179

    $2,800,000

    Price

  • Jul 4, 2019

    Date

    Active

    CRMLS: NP19158179

    $2,980,000

    Price

  • March, 2020

  • Mar 14, 2020

    Date

    Sold

    CRMLS: NP19158174

    $2,387,500

    Price

  • Feb 20, 2020

    Date

    Active Under Contract

    CRMLS: NP19158174

    $2,800,000

    Price

  • Nov 19, 2019

    Date

    Price Change

    CRMLS: NP19158174

    $2,800,000

    Price

  • Jul 4, 2019

    Date

    Active

    CRMLS: NP19158174

    $2,980,000

    Price

  • Listing provided courtesy of CRMLS

  • March, 2020

  • Mar 13, 2020

    Date

    Sold (Public Records)

    Public Records

    $2,387,500

    Price

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Tax History for 6503 Seashore Dr

Assessed Value (2020): $188,420
Year Land Value Improved Value Assessed Value
2020 $75,368 $113,052 $188,420

Home Value Compared to the Market

This property vs the competition

6503 Seashore Dr sold on March 13, 2020 for 24.32% 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 $1458.33 per/sqft which puts the price per square foot 7.23% higher than the current median sale per square foot for the city of Newport Beach.

About 6503 Seashore Dr

Detailed summary of property

6503 Seashore Dr is a multi family that recently sold in Newport Beach, CA 92663. This multi family property offered 4 bedrooms, 4 bathrooms, roughly 1,920 living square feet, and sits on an approximately 3,485 square foot lot. 6503 Seashore Dr was first listed on ArdentRealEstateGroup.com on July 11, 2020. The homeowner sold the property for $2,387,500. 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 24.32% lower than the current median priced home. Local homes that are currently for sale include 353 Hamilton St, 150 Cecil Pl and 218 Indianapolis Ave. While the average home in Newport Beach, CA is selling in 74 days, 6503 Seashore Dr has a days on market of 229 days. There are currently 269 homes for sale in the Newport Beach real estate market and 201 of them are single family homes while 55 of them are condos and 13 are townhomes. For more information on this home for sale at 6503 Seashore 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 6503 Seashore Dr

Public county record property details
Beds
--
Baths
--
Year built
1951
Sq. Ft.
1,560
Lot Size
3,696
Stories
2
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
8
APN
045-092-03

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
$4,299,000
Median List Price/Sq.Ft.
$1,509
Median Sold Price
$3,700,000
Median Sold Price/Sq.Ft.
$1,494
Total Inventory
86
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 6503 Seashore 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.