916 E Oceanfront, Newport Beach, CA 92661
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916 E Oceanfront Newport Beach, CA 92661

$3,900,000 Sold Price as of 03/19/2021
  • 5 Beds
  • 4 Baths
  • 2,501 Sq.Ft.
Sold
$3,900,000 Sold Price as of 03/19/2021 Refinance Your Mortgage

Map preview of 916 E Oceanfront, Newport Beach, CA 92661

Property Overview: 916 E Oceanfront Newport Beach, CA has 5 bedrooms, 4 bathrooms, 2,501 living square feet and 2,614 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 916 E Oceanfront is a prime location oceanfront duplex on the boardwalk. This lower unit is a 2 bed 2 bath with STLP permits, with a very desirable ground floor patio. The upper unit is a 3 bed 2 bath with STLP permits with a private balcony and panoramic ocean views. Directly on the boardwalks and the grassy Balboa Park, with the sand and the water straight ahead. The property is just two blocks from the Balboa Pier and Balboa Village, full of shops, restaurants, bars and activities. Each unit in this building gets ONE parking space in the carport for a total of TWO. The carport is a little tight to maneuver in and out of, but nearly any regular vehicle will fit. NOTE: There is construction ongoing next door that should result in a public alley in the near future. Currently the property's parking is accessed via 919 East Balboa, a separate unit, in exchange for the use of one parking space at 916 East Oceanfront. Once alley access is available, unit will regain its THREE car parking. As a requirement of this sale, any buyer will need to agree to abide by the parking arrangement until alley access is available. Buyer to verify alley situation. NOTE 2: 916 East Oceanfront is no longer being sold in conjunction with 919 East Balboa. Please see separate listing for 919 East Balboa.

Listed by Art White | BRE #01905655 | White Sail Realty
Co-listed by Baylee Leavitt | BRE #02098105 | White Sail Realty
Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 127

Home details

Lot Sq. Ft
2,614
HOA Dues
$0/mo
Year built
1972
Garage
--
Property Type:
Duplex
Status
Sold
MLS#
NP20224617
City
Newport Beach
County
Orange
Time on Site
1287 days

Property Details for 916 E Oceanfront

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, In Closet, Individual Room, Washer Hookup
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Downstairs Bedrooms: 2
  • Downstairs Bathrooms: 2
  • Flooring: Tile
  • Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Barbecue, Dishwasher, Disposal, Gas Oven, Microwave, Range Hood, Refrigerator, Water Heater
Bathroom Information
  • # of Baths (Full): 4
Interior Features
  • Balcony, Beamed Ceilings, Ceiling Fan(s), Furnished, Granite Counters, High Ceilings, Open Floorplan
  • Levels: Two
  • Window Features: Blinds
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Stucco Wall, Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Patio
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Attached Carport
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Catalina, Coastline, Ocean, Park/Greenbelt, Pier, Water
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 04814318
  • Year Built Source: Assessor
  • Foundation Details: Slab
  • Property is Attached
  • Accessibility Features: None
  • Property Condition: Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • Elementary School: Newport
  • Elementary School: NEWPOR
  • Middle/Junior High School: Ensign
  • Middle/Junior High School: ENSIGN
  • High School: Newport
  • High School: NEWPOR
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Peninsula (Residential) (BALP)
  • Directions: E. Balboa Blvd to 919 E Balboa Blvd
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Biking, Dog Park, Fishing, Park, Watersports, Sidewalks
View more facts & features

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Sale History for 916 E Oceanfront

Last sold for $3,900,000 on March 19th, 2021
  • March, 2021

  • Mar 19, 2021

    Date

    Sold

    CRMLS: NP20224617

    $3,900,000

    Price

  • Mar 5, 2021

    Date

    Active Under Contract

    CRMLS: NP20224617

    $4,100,000

    Price

  • Feb 22, 2021

    Date

    Price Change

    CRMLS: NP20224617

    $4,100,000

    Price

  • Oct 29, 2020

    Date

    Active

    CRMLS: NP20224617

    $4,125,000

    Price

  • March, 2021

  • Mar 19, 2021

    Date

    Sold

    CRMLS: NP19257412

    $3,900,000

    Price

  • Mar 5, 2021

    Date

    Active Under Contract

    CRMLS: NP19257412

    $4,100,000

    Price

  • Feb 22, 2021

    Date

    Price Change

    CRMLS: NP19257412

    $4,100,000

    Price

  • Oct 26, 2020

    Date

    Active

    CRMLS: NP19257412

    $4,125,000

    Price

  • Oct 21, 2020

    Date

    Price Change

    CRMLS: NP19257412

    $4,125,000

    Price

  • Oct 21, 2020

    Date

    Price Change

    CRMLS: NP19257412

    $41,250,000

    Price

  • Oct 21, 2020

    Date

    Hold

    CRMLS: NP19257412

    $5,350,000

    Price

  • Oct 5, 2020

    Date

    Price Change

    CRMLS: NP19257412

    $5,350,000

    Price

  • Jun 15, 2020

    Date

    Price Change

    CRMLS: NP19257412

    $5,400,000

    Price

  • Apr 13, 2020

    Date

    Active

    CRMLS: NP19257412

    $5,500,000

    Price

  • Mar 9, 2020

    Date

    Active Under Contract

    CRMLS: NP19257412

    $5,500,000

    Price

  • Nov 6, 2019

    Date

    Active

    CRMLS: NP19257412

    $5,500,000

    Price

  • Listing provided courtesy of CRMLS

    916 E Oceanfront is a prime location oceanfront duplex on the boardwalk. This lower unit is a 2 bed 2 bath with STLP permits, with a very desirable ground floor patio. The upper unit is a 3 bed 2 bath with STLP permits with a private balcony and panoramic ocean views. Directly on the boardwalks and the grassy Balboa Park, with the sand and the water straight ahead. The property is just two blocks from the Balboa Pier and Balboa Village, full of shops, restaurants, bars and activities. Each unit in this building gets ONE parking space in the carport. The carport is a little tight to maneuver in and out of, but nearly any regular vehicle will fit. NOTE: There is construction ongoing next door that should result in a public alley in the near future. Currently the property's parking is accessed via 919 East Balboa, a separate unit, in exchange for the use of one parking space at 916 East Oceanfront. As a requirement of this sale, any buyer will need to agree to abide by the parking arrangement until alley access is available. Buyer to verify alley situation. NOTE 2: 916 East Oceanfront is no longer being sold in conjunction with 919 East Balboa. Please see separate listing for 919 East Balboa.

  • March, 2019

  • Mar 1, 2019

    Date

    Expired

    CRMLS: NP18286968

    $3,500,000

    Price

  • Dec 7, 2018

    Date

    Active

    CRMLS: NP18286968

    $3,500,000

    Price

  • Listing provided courtesy of CRMLS

    OCEANFRONT 2 UNIT APARTMENT PROPERTY WITH TWO 3 BEDROOM 2 BATH UNITS. RENTED BY WEEK, MONTH OR YEAR. MANAGED BY WHITESAIL REALTY. TOMMY BAHAMA STYLE FURNISHED UNITS WITH OCEAN VIEWS, PATIOS AND BBQS. VERY GOOD UPSIDE FOR HANDS ON OWNER. MUST BE PURCHASED ALONG WITH CONTIGUOUS DUPLEX AT 919 E BALBOA ($2,250,000) ALSO TWO 3 BEDROOM 2 BATH UNITS WHICH SHARES AN EASEMENT FOR FUTURE ALLEY. SEE AERIAL PHOTOS AND SUPPLEMENTS. KEEP ONE FOR USE BY OWNER AND RENT OUT THE OTHERS. BUYER TO VERIFY ALL SQUARE FOOT AND INCOME/EXPENSE INFORMATION. BUYER TO COOPERATE IN 1031 EXCHANGE AT NO COST TO BUYER.

  • October, 2018

  • Oct 1, 2018

    Date

    Expired

    CRMLS: NP18048168

    $6,000,000

    Price

  • Mar 2, 2018

    Date

    Active

    CRMLS: NP18048168

    $6,000,000

    Price

  • Listing provided courtesy of CRMLS

    Oceanfront 2 units, each 3 bedroom 2 bath. Must be sold with 919 E Balboa 2 units also each 3 bedroom 2 baths ($3,000,000) which is a contiguous lot with mutual easement. Recently remodeled and furnished. Rented weekly, monthly or yearly. See supplements. Buyer to verify all financial and income information.

  • June, 2009

  • Jun 12, 2009

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • February, 2005

  • Feb 11, 2005

    Date

    Sold (Public Records)

    Public Records

    $2,500,000

    Price

Show More

Tax History for 916 E Oceanfront

Assessed Value (2020): $3,115,414
Year Land Value Improved Value Assessed Value
2020 $2,928,489 $186,925 $3,115,414

Home Value Compared to the Market

This property vs the competition

916 E Oceanfront sold on March 19, 2021 for 10.81% 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 $1639.34 per/sqft which puts the price per square foot 20.54% higher than the current median sale per square foot for the city of Newport Beach.

About 916 E Oceanfront

Detailed summary of property

916 E Oceanfront is a duplex that recently sold in Newport Beach, CA 92661. This duplex offered 5 bedrooms, 4 bathrooms, roughly 2,501 living square feet, and sits on an approximately 2,614 square foot lot. 916 E Oceanfront was first listed on ArdentRealEstateGroup.com on October 29, 2020. The homeowner sold the property for $3,900,000. 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 10.81% higher than the current median priced home. Local homes that are currently for sale include 410 Clubhouse Ave, 213 41st St and 213 41st St. While the average home in Newport Beach, CA is selling in 73 days, 916 E Oceanfront has a days on market of 127 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 916 E Oceanfront Newport Beach, CA 92661 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 916 E Oceanfront

Public county record property details
Beds
--
Baths
--
Year built
1972
Sq. Ft.
2,501
Lot Size
2,716
Stories
2
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
23
APN
048-143-18

The source for these homes facts are from public records.

92661 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$6,750,000
Median List Price/Sq.Ft.
$2,183
Median Sold Price
$4,625,000
Median Sold Price/Sq.Ft.
$1,741
Total Inventory
45
Median Sale to List Price %
92.59%
Avg Days on Market
69
Loan Type
Conventional (12.5%), FHA (0%), VA (0%), Cash (37.5%), Other (37.5%)

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Related Resources to 916 E Oceanfront

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.