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800 Amigos Way, Newport Beach, CA 92660
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800 Amigos Way Newport Beach, CA 92660

$3,600,000 Sold Price as of 03/06/2023
  • 9 Beds
  • 10 Baths
  • 6,519 Sq.Ft.
Sold
$3,600,000 Sold Price as of 03/06/2023 Refinance Your Mortgage
Map preview of 800 Amigos Way, Newport Beach, CA 92660

Property Overview: 800 Amigos Way Newport Beach, CA has 9 bedrooms, 10 bathrooms, 6,519 living square feet and 13,068 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This pride of ownership, legacy asset, is in an ‘A Location’ next to Big Canyon Country Club, Corona Del Mar High School, Eastbluff Elementary, Our Lady Queen of Angels, and Fashion Island. 800-808 Amigos Way in Newport Beach is a 5-unit complex nestled atop a beautifully landscaped hillside above the street. Built in 1971, the property offers an excellent unit mix and range of floorplans, including two 2 bed 2.5 bath townhomes, two 2 bed 2 bath units, and one 1 bed 1 bath unit. These spacious units far exceed the average one- and two-bedroom square footage. The one bedroom is over 1,000 square feet and the two bedrooms average 1,378 square feet. Four of the units have fireplaces and each unit has two covered carports with parking storage cabinets. All units have private patios or balconies, separate hot water heaters, and separate gas and electric meters. The property has pitched roofs and a clean on-site laundry room. The property’s Class A location in Newport Beach puts the property near major retail, educational and employment opportunities. 800-808 Amigos Way is short walk to CDM High School, Marian Bergeson Aquatics Center, and Our Lady Queen of Angels Catholic Church. You can also quickly get to Eastbluff Elementary School, Newport Beach Tennis Club, the nearby Ralphs and CVS shopping center, and the Upper Newport Bay. The property is also conveniently located between Pacific Coast Highway & CA-73, allowing residents to easily access the Southern California region and beyond. Additionally, the building is less than 5 miles from Balboa Island, the University of California Irvine, Corona Del Mar State Beach, John Wayne Airport, and Fashion Island, which includes nationally recognized and popular local retail stores and eateries. This offering gives an investor the unique opportunity to acquire an asset in a robust and well-located market.

Listed by Mark Bridge | BRE #01316702 | Mark Bridge, Broker
Last checked: 2 minutes ago | Last updated: December 16th, 2023 | Source CRMLS | DOM: 58

Home details

Lot Sq. Ft
13,068
HOA Dues
$88/mo
Year built
1971
Garage
--
Property Type:
Apartment
Status
Sold
MLS#
OC23000475
City
Newport Beach
County
Orange
Time on Site
489 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 2
  • # of Leased Units: 5
  • # of Electric Meters: 6
  • # of Gas Meters: 6
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 3
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,545
  • Total Rent: $5,090
  • Pro Forma/Market Rent: $8,400
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,445
  • Total Rent: $4,890
  • Pro Forma/Market Rent: $7,900
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $3,250
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 2.3%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $150,960
  • Net Operating Income: $90,511
  • Gross Operating Income: $146,467
  • Vacancy Allowance: $4,493
  • Gross Spendable Income: $90,511
  • Laundry Income: $1,200
  • Laundry Own/Lease: Lease
Annual Expense Breakdown
  • Total Operating Expense: $55,956
  • Electric: $449
  • Gas/Fuel: $340
  • New Taxes: $43,253
  • Trash: $0
  • Gardener: $1,800
  • Insurance: $3,114
  • Maintenance: $2,500
  • Professional Management: $1,048
  • Water/Sewer: $2,624

Virtual Tour

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Property Details for 800 Amigos Way

Interior Features
Laundry Information
  • Has Laundry
  • Common Area, Community
Fireplace Information
  • Has Fireplace
  • Family Room
Kitchen Information
  • Has Appliances
  • Gas Oven, Gas Range, Microwave, Water Heater
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: Association
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 10
  • Has Parking
  • Parking Features: Assigned, Carport, Covered
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 5
  • Parcel Number: 44010105
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: East Bluff Apartment Owners
  • Association Fee: $1,048 (Annually)
  • Association Amenities: Pool, Clubhouse
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Eastbluff
  • Directions: Take PCH North, Turn Right on Jamboree, Left on Eastbluff, Left on Domingo, Left on Amigos
Neighborhood Information
  • Community Features: Biking, Curbs, Gutters, Watersports, Sidewalks, Storm Drains, Street Lights, Suburban
View more facts & features

Local Newport Beach Agent

Sale History for 800 Amigos Way

Last leased for $3,950 on December 14th, 2023

  • December, 2023

  • Dec 14, 2023

    Date

    Leased

    CRMLS: PW23194485

    $3,950

    Price

  • Oct 19, 2023

    Date

    Active

    CRMLS: PW23194485

    $4,350

    Price

  • Listing provided courtesy of CRMLS

    Fully Renovated   3 BD and 2 1/2 Bath  with 2 Stories Apartments in Highly desirable Eastbluff in Newport Beach. This Charming and Open-Spacious unit features: New luxury Vinyl Flooring throughout, New Paint throughout, Fully Remodeled Bathrooms, New Appliances and New Quartz Counter tops. far exceed the with Fireplace and the Unit has Balcony and Two Covered Carports with Parking Storage Cabinets. Separate hot water heaters, and separate gas and electric meters. Washer and Dryer in the Unit and also Shared Laundry on Site. A Class Location!!! Conveniently located near PCH & CA-73, Fashion Island and Corona Del Mar High School. the building is less than 5 miles from Balboa Island, the University of California Irvine, Corona Del Mar State Beach, John Wayne Airport which includes Nationally Recognized and Popular Local Retail Stores and Eateries.

  • August, 2023

  • Aug 31, 2023

    Date

    Leased

    CRMLS: PW23140499

    $3,950

    Price

  • Jul 29, 2023

    Date

    Active

    CRMLS: PW23140499

    $3,950

    Price

  • Listing provided courtesy of CRMLS

    Fully Renovated   3 BD and 2 Bath  with 2 Patios  Apartments in Highly desirable Eastbluff in Newport Beach. This Charming and Spacious unit features: New luxury vinyl flooring throughout, New Paint throughout, Fully Remodeled Bathrooms, New Appliances and New quartz counter tops. far exceed the with fireplace and the Unit has Two Covered Carports with Parking Storage Cabinets. Separate hot water heaters, and separate gas and electric meters. Shared Laundry on Site. A Class Location!!! Conveniently located near PCH & CA-73, Fashion Island and Corona Del Mar High School. the building is less than 5 miles from Balboa Island, the University of California Irvine, Corona Del Mar State Beach, John Wayne Airport which includes Nationally Recognized and Popular Local Retail Stores and Eateries.

  • March, 2023

  • Mar 6, 2023

    Date

    Sold

    CRMLS: OC23000475

    $3,600,000

    Price

  • Jan 2, 2023

    Date

    Active

    CRMLS: OC23000475

    $4,250,000

    Price

  • October, 2013

  • Oct 24, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 800 Amigos Way

Assessed Value (2020): $298,327
Year Land Value Improved Value Assessed Value
2020 $89,498 $208,829 $298,327

Home Value Compared to the Market

This property vs the competition

800 Amigos Way sold on March 6, 2023 for 8.11% higher 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 $613.59 per/sqft which puts the price per square foot 54.88% lower than the current median sale per square foot for the city of Newport Beach.

About 800 Amigos Way

Detailed summary of property

800 Amigos Way is a apartment that recently sold in Newport Beach, CA 92660. This apartment offered 9 bedrooms, 10 bathrooms, roughly 6,519 living square feet, and sits on an approximately 13,068 square foot lot. 800 Amigos Way was first listed on ArdentRealEstateGroup.com on January 2, 2023. The homeowner sold the property for $3,600,000. 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 8.11% higher than the current median priced home. Local homes that are currently for sale include 213 41st St, 213 41st St and 210 Grant St. This home does have a Homeowners Association and the monthly fee is $88 per month. While the average home in Newport Beach, CA is selling in 73 days, 800 Amigos Way has a days on market of 58 days. There are currently 275 homes for sale in the Newport Beach real estate market and 208 of them are single family homes while 54 of them are condos and 13 are townhomes. For more information on this home for sale at 800 Amigos Way Newport Beach, CA 92660 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 800 Amigos Way

Public county record property details
Beds
--
Baths
--
Year built
1971
Sq. Ft.
6,519
Lot Size
13,237
Stories
2
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
15
APN
440-101-05

The source for these homes facts are from public records.

92660 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$3,800,000
Median List Price/Sq.Ft.
$1,227
Median Sold Price
$3,050,000
Median Sold Price/Sq.Ft.
$1,166
Total Inventory
131
Median Sale to List Price %
91.05%
Avg Days on Market
51
Loan Type
Conventional (7.14%), FHA (3.57%), VA (0%), Cash (46.43%), Other (42.86%)

Thinking of Selling?

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(714) 706-1823

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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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