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Buyer's agent: Kelly Gwin, Residential R.E.Specialists, DRE #01184176
Sold on 03/02/2012
$907,500
3601 West BALBOA Blvd Newport Beach, CA 92663
| Beds: | 4 |
| Baths: | 3 |
| Sq. Ft.: | 1,681 |
| $/Sq. Ft.: | $540 |
| Lot Size: | 2,250 Sq. Ft. |
| Property Type: | Multi-Family |
| Style: | Two Level, Contemporary |
| View: | Ocean |
| Year Built: | 1975 |
| Community: | Balboa Peninsula |
| County: | Orange |
| MLS#: | S687620 |
| Source: | CRMLS |
| Status: | Closed |
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SOLD! But we have others. .. LOCATION!!! Newport Peninsula Duplex just steps from the sand. Upstairs is 3Bed/2Bath, downstairs unit is 1Bed/1Bath. This property has been rehabbed with fresh custom interior paint, brand-new carpeting in bedrooms, new exterior paint. Granite counters, sinks, custom travertine and slate adorn the family room, kitchen, bathrooms and fireplace. Newer Bosch Stainless steel appliances included in sale-bring your surfboard! Great for investment- endless options. Rent as a summer vacation rental for thousands a week in summer months. OR-Live in luxury by the beach & rent the bottom unit. Lender discounted for fast sale. NOT a shortsale- quick response from the bank. Buyer to verify permits/facts. AGENTS PLEASE READ PRIVATE REMARKS.
Kitchen Information
- Granite Counters
- Continuous Cleaning Oven
- Cooktop (Gas)
Heating & Cooling
- Wall Gas Heating
Building Information
- Ground Level Entry (With Steps)
- Wood Exterior
- Composition Shingle Roof
- Builders Tract Name: Balboa Peninsula (Residential)
- Builders Tract Code: BALP
Multi-Family Information
- # of Buildings: 1
- # of Carpets: 2
- # of Dishwashers: 2
- # of Disposals: 2
- # of Electric Meters: 2
- # of Gas Meters: 2
- # of Ranges: 2
- # of Refrigerators: 2
- # of Water Meters: 1
Lot Information
- Lot Size (Sq. Ft.): 2,250
- Dimensions: 25x90
- Lot Size Source: Public Records
- Beach Access
Legal Disclosures
- Take Property As Is
Listing Information
- Possession: Close of Escrow Plus 1 Day
- Special Conditions: Real Estate Owned
- Listing Terms: Cash
- Listing Terms: Cash To New Loan
- Listing Terms: FHA Loan
- Buyer Financing: Cash
Equipment
- Dishwasher
- Garbage Disposal
- Refrigerator
Utility Information
- Sewer In, Connected & Paid
- District/Public Water
Community Features
- Units in Complex (Total): 2
Unit 1 Information
- Number: 1
- # of Beds: 1
- # of Baths: 1
- Monthly Rent: $1,750
- Monthly Rent (Total): $1,750
Location Information
- Cross Streets: 36th Street and W. Balboa
- Driving Directions: Take Balboa towards Balboa Island- Turn right at 36th Street. Park on street (Do Not Block Alley- you will be TICKETED OR TOWED). Bring your sunscreen and a beach towel!
- Tax Area: 07001
- Legal Tract #: 670
- Legal Block #: 36
- Legal Lot #: 0.05
Financial Information
- Capitalization Rate (%): 6.35
- Sold Capitalization Rate (%): 5.95
- Net Operating Income: $54,000
- Monthly Gross Income: $4,500
- Gross Scheduled Income: $54,000
- Gross Rent Multiplier: 15.74
- No Private Transfer Taxes
Interior Features
- Carpet (Partial)
- Marble Floors
Parking Information
- # of Garage Spaces: 3
- # of Parking Spaces (Total): 3
- Garage is Attached
- Tandem
- Garage Door Opener
Property Features
- Balcony
- 2+ Accessibility Exits
Unit 2 Information
- Number: 1
- # of Beds: 3
- # of Baths: 2
- Monthly Rent: $2,750
- Monthly Rent (Total): $2,750
Property Information
- Detached/No Common Walls
- Land Ownership: Fee Simple
- Square Footage Source: Public Records
- Tax Parcel Number: 42333108
Expense Information
- Operating: $4,000
Listing last changed
March 2, 2012, 2:33 PM
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Property History for 3601 West BALBOA Blvd
| Date | Event | Price | Appreciation | Source | ||
|---|---|---|---|---|---|---|
| Mar 02, 2012 | Sold (Public Records) | $907,500 | 58.0%/yr | Public Records | ||
| Mar 02, 2012 | Sold (MLS) (Closed) | $907,500 | -- | CRMLS #S687620 | ||
| Feb 29, 2012 | Pending | -- | -- | CRMLS #S687620 | ||
| Feb 25, 2012 | Pending (Backup Offers Accepted) | -- | -- | CRMLS #S687620 | ||
| Feb 23, 2012 | Delisted (Hold) | -- | -- | CRMLS #S687620 | ||
| Feb 09, 2012 | Listed (Active) | $849,900 | -- | CRMLS #S687620 | ||
| Nov 09, 2011 |
Sold (Public Records)
This home was foreclosed and bank-owned. |
$848,577 | -- | Public Records | ||
| Jul 03, 2008 | Sold (Public Records) | $170,000 | -28.9%/yr | Public Records | ||
| Jul 16, 2003 | Sold (Public Records) | $925,000 | -- | Public Records | ||
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Public Facts for 3601 West BALBOA Blvd
| Beds: | - |
| Baths: | - |
| Finished Sqft: | 1,681 |
| Unfinished Sqft: | - |
| Total Sqft: | 1,681 |
| Floors: | - |
| Lot Size: | - |
| Style: | Multi-Family (2-4 Unit) |
| Year Built: | 1975 |
| Year Renovated: | - |
| County: | Orange County |
| APN: | 42333108 |
| Last Updated: | May 2, 2012 |
These facts may not match MLS-provided listing facts.
Learn more.
Source: Public Records
Property Tax
| Taxable Value | |
| Land | $1,009,639 |
| Additions | $120,361 |
| Total | $1,130,000 |
| Tax (2011) | $12,149 |
Home Value Estimates for 3601 West BALBOA Blvd
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Schools near 3601 West BALBOA Blvd, Newport Beach, CA 92663
Select a school to view the school's parent reviews, programs and more. Showing up to five closest schools for each grade level.
Elementary Schools
| School Name | Type | GreatSchools Ratings | Parent Rating | Distance* | Nearby Homes |
|---|---|---|---|---|---|
| Carden Hall School | Private |
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1.00 mi | Map It |
| Newport Heights Elementary School | Public |
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1.16 mi | Map It |
| Newport Elementary School | Public |
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1.18 mi | Map It |
| Whittier Elementary School | Public |
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1.67 mi | Map It |
| Mariners Elementary School | Public |
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2.04 mi | Map It |
Middle Schools
| School Name | Type | GreatSchools Ratings | Parent Rating | Distance* | Nearby Homes |
|---|---|---|---|---|---|
| Carden Hall School | Private |
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1.00 mi | Map It |
| Horace Ensign Intermediate School | Public |
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1.11 mi | Map It |
| St Joachim School | Catholic |
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2.25 mi | Map It |
| Page Private School - Costa Mesa | Private |
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2.48 mi | Map It |
| Christ Lutheran School | Private |
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2.55 mi | Map It |
High Schools
| School Name | Type | GreatSchools Ratings | Parent Rating | Distance* | Nearby Homes |
|---|---|---|---|---|---|
| Newport Harbor High School | Public |
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1.39 mi | Map It |
| Waldorf School of Orange County | Private |
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2.92 mi | Map It |
| Estancia High School | Public |
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2.92 mi | Map It |
| Brethren Christian Junior Senior High School | Private |
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3.02 mi | Map It |
| Edison High School | Public |
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3.30 mi | Map It |
* Living near this school does not guarantee enrollment. Please contact the school directly to determine enrollment requirements.
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