746 Tustin Ave Newport Beach, CA 92663

$3,300,000 Sold Price as of 11/21/2018

-- Beds
-- Baths
5,635 Sq.Ft.

Off Market

$3,300,000 Sold Price as of 11/21/2018 Refinance Your Mortgage

Map preview of 746 Tustin Ave, Newport Beach, CA 92663

Property Overview: 746 Tustin Ave Newport Beach, CA has -- bedrooms, -- bathrooms, 5,635 living square feet and 17,126 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

746 Tustin Ave is currently an off market home 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 $4,200,000. The median price per/sqft for Newport Beach is $1,512. 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 $840,000 for the down payment and will need roughly $84,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Newport Beach the commission could be as much as $137,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

Refinance your Current Mortgage and Save Save $

You could be saving money by taking advantage of a lower rate and reducing your monthly payment. See what current rates are at and get a free no-obligation quote on today's refinance rates.

Get Free Quote

Local Newport Beach Agent

Sale History for 746 Tustin Ave

Last sold for $3,300,000 on November 26th, 2018

November, 2018
Nov 26, 2018

Date

Sold

CRMLS: CV18140943

$3,300,000

Price
Sep 6, 2018

Date

Price Change

CRMLS: CV18140943

$3,520,000

Price
Jun 13, 2018

Date

Active

CRMLS: CV18140943

$3,700,000

Price
Listing provided courtesy of CRMLS

Built in 1959 and thoroughly renovated in 2013, this property consists of one, four-bedroom(converted from three-bedroom)/two-bathroom front single family residence unit and five, two-bedroom/one-bathroom back apartment units. The front dwelling house comes with a spacious 2,000 square foot floor plan and a one car garage with direct access, plus an additional driveway and street parking, along with its own private backyard. All five two-bedroom units include tucked-under carport parking with storage and extra open space parking. Moreover, the apartment building provides a shared large inclusive courtyard, gated swimming pool and laundry facility. Each unit is also individually metered for gas & electricity and contains copper plumbing. The subject property is situated on a huge lot of 17,625 square feet as well as an additional 18 percent potential upside on rents. The property is located at the heart of Newport Beach. Attractions like Newport Beach Pier, Newport Harbor, Balboa Peninsula, Fashion Island and The Triangle are within minutes of driving. This is an exceptional opportunity for an investor to acquire a piece of real estate where one will find an ideal balance between capital preservation and cash flow. It is a true trophy asset which will stand against inflation and proven to be the most desirable pride of ownership investment.

Continue Reading
November, 2018
Nov 21, 2018

Date

Sold (Public Records)

Public Records

$3,300,000

Price
July, 2014
Jul 30, 2014

Date

Sold (Public Records)

Public Records

$2,990,000

Price

Tax History for 746 Tustin Ave

Assessed Value (2020): $3,283,133

Year	Land Value	Improved Value	Assessed Value
2020	$2,725,000	$558,133	$3,283,133

About 746 Tustin Ave

Detailed summary of property

746 Tustin Ave is categorized with a use code of Apartments (Generic) in Newport Beach, CA 92663 and last sold on November 21, 2018 for $3,300,000. This property has -- bedrooms, -- bathrooms, roughly 5,635 living square feet, and sits on an approximately 17,126 square foot lot. Homes in Newport Beach are selling for a median price of $2,750,000 and a median price per square foot of $1,406. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is sold 20% higher than the current median priced home. 746 Tustin Ave was last sold on November 21, 2018 for $3,300,000. Local nearby listings include 1210 Kings Rd, 416 Holmwood Dr and 2167 Andover Ln. The average home in Newport Beach, CA is selling in 93 days. There are currently 272 homes for sale in the Newport Beach real estate market and 201 of them are single family homes while 56 of them are condos and 15 are townhomes. If you are the homeowner and looking to sell the home at 746 Tustin 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 746 Tustin Ave

Public county record property details

Beds: --
Baths: --
Year built: 1959
Sq. Ft.: 5,635
Lot Size: 17,126
Stories: --

Type: Apartments (Generic)
Pool: No
Spa: No
County: Orange
Lot#: 47
APN: 425-103-24

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

$3,838,500

Median List Price/Sq.Ft.

$1,631

Median Sold Price

$2,670,000

Median Sold Price/Sq.Ft.

$1,489

Total Inventory

Median Sale to List Price %

92.23%

Avg Days on Market

Loan Type

Conventional (28%), FHA (4%), VA (0%), Cash (32%), Other (36%)

Thinking of Selling?

Is this your property?
Thinking of Selling?
Call, Text or Message

(714) 706-1823

Refinance your Current Mortgage and Save Save $

You could be saving money by taking advantage of a lower rate and reducing your monthly payment. See what current rates are at and get a free no-obligation quote on today's refinance rates.

Get Free Quote