3306 West Oceanfront

Newport Beach, CA 92663

$3,200,000
Last Sold Price
—
Beds
—
Baths
2,134 Sq. Ft.
$1,500 / Sq. Ft.
2,134
Sq. Ft.
$1,500
per Sq. Ft.

Description

Bring your investor's. Great Opportunity to own/or build on the Oceanfront between 33rd and 34th. Super location. Lot size 25 X 90. Re-done in the 80's. Needs some TLC. 2 bedroom/2bath upper with fabulous views. Currently rented yearly. Tenant on a Month to Month. Lower unit is a 1 bedrom/ 2bath with an elevated patio to maximize the view. In good condition. Currently Winter/Summer rental. 4 car tandum gargage. Close to shopping, dining and the Newport Pier. This is the lowest priced property on...Bring your investor's. Great Opportunity to own/or build on the Oceanfront between 33rd and 34th. Super location. Lot size 25 X 90. Re-done in the 80's. Needs some TLC. 2 bedroom/2bath upper with fabulous views. Currently rented yearly. Tenant on a Month to Month. Lower unit is a 1 bedrom/ 2bath with an elevated patio to maximize the view. In good condition. Currently Winter/Summer rental. 4 car tandum gargage. Close to shopping, dining and the Newport Pier. This is the lowest priced property on the Oceanfront!

Listing Agents

  1. Joan Trout

    Joan Trout

    Listing Agent

    Compass

    DRE #00578819

    joan.trout@compass.com

    P: (949)-293-4631

  2. Listed by JUSTIN REYNOLDS • DRE #01506837 • BURR WHITE REALTY

Property Details for 3306 West Oceanfront

Architectural Style
Contemporary
Parking Spaces Total
4
Private Pool
No
Total Units
2.0
Lot Size Source
See Remarks
Living Area
2134
Assessor Parcel Number
423-342-07
Building Area Total
2134
LISTING UPDATED: 04/17/2012 03:35 AM

Property Details for 3306 West Oceanfront

StatusClosed
MLS #U8000751
Days on Market595
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1928
Lot Size0.05 AC / 2,250 SF
CountyOrange County

Building Information for 3306 West Oceanfront

Stories-Residences-Year Built1928Building Size-Lot Size0.05 AC / 2,250 SF

Property Information for 3306 West Oceanfront

Income / Expense / Tax Details
Income Details
  • Gross Income: $5,050
  • Gross Scheduled Income: $76,350
  • Net Operating Income: $68,715
  • Gross Multiplier: 45.78
  • Cap Rate: 1.97
  • Sold Cap Rate: 2.15
  • Financing: Conventional
Expense Details
  • Operating Expense: $7,635
  • Operating Expense Percent: 10.00%
  • New Taxes Expense: $35,000
  • Gardener Expense: $0
  • Cable TV Expense: $0
  • Licenses Expense: $0
  • Pest Control Expense: $0
  • Furniture Replacement Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Maintenance Expense: $0
  • Maintenance Percent: .00%
  • Professional Management Expense: $0
  • Workmans Compensation Expense: $0
  • Other Expense: $0
  • Other Expense Description: 0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Supplies Expense: $0
Tax / Assessment Info
  • Tax Tract Number: 1
  • Tax Lot: 1
Community / Development
Community / Development
  • Assessments YN: No
Property / Structure Info
Interior Features
  • Laundry: No
Exterior Features
  • Construction Materials: Wood Siding
  • Exterior Construction: Wood Siding
Land/Lot Info
  • Number Of Units: 2
Parking Info
  • Parking: No
  • Carport Spaces: 0
Unit Information
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Property History for 3306 West Oceanfront

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3306 West Oceanfront

Taxable ValueLand$3,892,733Additions$228,111Total$4,120,844
Tax Record2024$44,426 ($3,702 / month)
Home Facts
Total Finished SqFt1,046 SqFtAbove Grade Finished SqFt1,046 SqFtStories3Lot Size2,141 SqFtStyleMulti-Family Dwelling (2-4)Year Built1928CountyORANGEAPN423-342-07

Schools near 3306 West Oceanfront

This home is within Newport-Mesa Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Newport Elementary School
PublicK to 6

Horace Ensign Intermediate School
Public7 to 8

Newport Harbor High School
Public9 to 12

Monte Vista High School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Burr White Realty, Joan Trout, DRE #00578819; BURR WHITE REALTY, JUSTIN REYNOLDS, DRE #01506837

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.