517 35th Street

Newport Beach, CA 92663

$2,895,000
Price
6
Beds
4
Baths
2,900 Sq. Ft.
$998 / Sq. Ft.
2,900
Sq. Ft.
$998
per Sq. Ft.

Description

Nestled in the Charming Finlet Tract, this duplex offers a splendid configuration with 3 bedrooms and 2 baths in the upper unit as well as the equally impressive 3 bedroom 2 bath lower unit Impeccably maintained , it sits on a generous 30 X 95 lot and features a spacious 2 car garage equipped with laundry hookups for both units. Within, both units boast inviting fireplaces and have undergone upgrades in baths and kitchens, ensuring a modern and comfortable living experience. The upper unit showcases...Nestled in the Charming Finlet Tract, this duplex offers a splendid configuration with 3 bedrooms and 2 baths in the upper unit as well as the equally impressive 3 bedroom 2 bath lower unit Impeccably maintained , it sits on a generous 30 X 95 lot and features a spacious 2 car garage equipped with laundry hookups for both units. Within, both units boast inviting fireplaces and have undergone upgrades in baths and kitchens, ensuring a modern and comfortable living experience. The upper unit showcases elegant vinyl flooring throughout, with exceptions made for the kitchen and baths, while the lower unit features tasteful tile flooring complemented by cozy carpeting in the bedrooms. With the assurance of long-term, quality tenants and minimal vacancy, the property has recently received exterior painting and the addition of new wood beams in April 2022, enhancing its appeal. A new concrete front patio further adds to its charm. Noteworthy features include charming beam ceilings and a spacious private new deck (2023) off the primary bedroom. Situated in the sought-after Finley tract, residents can easily walk or bike to an array of amenities, including Starbucks, Bank of America, Pavilions shopping center, Lido Marina Village, NoBu, Bear Flag, Zinque, and more. Moreover, its proximity to the beach without the usual beach traffic makes it an enviable location for discerning individuals.
  1. Listed by Jim Jacobs • DRE #00868230 • Brokerage DRE #00868230 • Jim Jacobs Realty • 949-689-4200
  2. Listed by Jason Jacobs • DRE #02108263 • Brokerage DRE #00868230 • Jim Jacobs Realty

Property Details for 517 35th Street

Parking Spaces Total
2
Private Pool
No
Cooling Type
Other/Remarks
Total Units
2.0
Building Type
Detached
Lot Size Source
Estimated
Living Area
2900
Assessor Parcel Number
423-085-12
LISTING UPDATED: 11/23/2024 10:15 PM

Property Details for 517 35th Street

StatusActive
MLS #NP24239633
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1972
Lot Size0.07 AC / 2,849 SF
CountyOrange County

Building Information for 517 35th Street

Stories2Residences-Year Built1972Building Size-Lot Size0.07 AC / 2,849 SF

Property Information for 517 35th Street

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas, HVAC Maintenance
Income / Expense / Tax Details
Income Details
  • Gross Income: $120,000
  • Gross Scheduled Income: $120,000
  • Net Operating Income: $111,445
Expense Details
  • Operating Expense: $8,555
  • Insurance Expense: $1,800
  • Trash Expense: $460
  • Water Sewer Expense: $1,740
  • Total Expenses: $4,000
Tax / Assessment Info
  • Tax Block: 535
  • Tax Tract Number: 164
  • Tax Census Tract: 635.00
  • CFD/Mello-Roos Fee: $528
  • Tax Lot: 12
Community / Development
Community / Development
  • Community Features: Biking, Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: In Garage, See Remarks
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Cooling: See Remarks
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Level with Street, Near Public Transit, Utilities - Overhead
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Levels: Two
  • Water: Public
  • Sewer: Sewer Paid
  • Sewer/Septic: Sewer Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Assigned
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Assigned
Property / Structure Info
  • Builders Tract Name: West Newport Beach
  • Builders Tract Code: West Newport Beach (WSNB)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $4,500
  • Unit Type Total Rent: $4,500
  • Unit Type Pro Forma: 5500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $5,500
  • Unit Type Total Rent: $5,500
  • Unit Type Pro Forma: 5800
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Number With Carpet: 1
  • Number With Disposal: 2
  • Number With Drapes: 2
  • Number With Patio: 2

Property History for 517 35th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 517 35th Street

Taxable ValueLand$454,231Additions$152,532Total$606,763
Tax Record2024$6,931 ($578 / month)
Home Facts
Lot Size2,852 SqFtStyleMulti-Family Res (5+ Units)Year Built1972CountyORANGEAPN423-085-12

Schools near 517 35th Street

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.

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517 35th Street is a multi-family home for sale in Newport Beach, CA 92663. This property was listed for sale on November 23, 2024 by Jim Jacobs Realty, it's currently listed at $2,895,000. This listing's school district is Newport-Mesa Unified School District. Nearby schools include Newport Elementary School, Horace Ensign Intermediate School and Newport Harbor High School. 517 35th Street is a 6-bed, 4-bath, 2,900 sqft multi-family home built in 1972.

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 Jim Jacobs Realty, Jim Jacobs, DRE #00868230; Jim Jacobs Realty, Jason Jacobs, DRE #02108263

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.