5204 Neptune Avenue

Newport Beach, CA 92663

$3,000,000
Price
5
Beds
3
Baths
2,660 Sq. Ft.
$1,128 / Sq. Ft.
2,660
Sq. Ft.
$1,128
per Sq. Ft.

Description

An Endless Summer with Endless Possibilities! This wonderfully located 2 Unit Property (Potential for 3 Units) is Situated One Block from the Beach on a Nice Quiet Interior Street. The Spacious Upstairs unit is Bright and Open with Peek-A-Boo Ocean Views, it features 3 Bedrooms and 2 Baths with Potential to be Converted into a 2/1 with a Nice Sized Studio in the Back, a separate entrance already exists. Downstairs is a 2/1 With Tons of living space. Both Units have been recently updated with Flooring...An Endless Summer with Endless Possibilities! This wonderfully located 2 Unit Property (Potential for 3 Units) is Situated One Block from the Beach on a Nice Quiet Interior Street. The Spacious Upstairs unit is Bright and Open with Peek-A-Boo Ocean Views, it features 3 Bedrooms and 2 Baths with Potential to be Converted into a 2/1 with a Nice Sized Studio in the Back, a separate entrance already exists. Downstairs is a 2/1 With Tons of living space. Both Units have been recently updated with Flooring and Paint, Both have Fireplaces and nice outside Decks and Patios. Nearby you will find some of Newport Beach's most sought after attractions, including a Scenic Beach Bike Path, Balboa Fun Zone and Waterfront Restaurants, this is an opportunity to live the quintessential SoCal Beach Life!
  1. Listed by Jeremey Tuchsen • DRE #01407629 • Brokerage DRE #01902981 • Better Homes and Gardens RE • 916-801-3902

Property Details for 5204 Neptune Avenue

Architectural Style
Traditional
View
Peek-A-Boo
Parking Spaces Total
4
Private Pool
No
Cooling Type
N/K
Total Units
2.0
Building Type
Attached
Lot Size Source
Assessor
LISTING UPDATED: 09/18/2024 01:42 AM

Property Details for 5204 Neptune Avenue

StatusActive
MLS #OC24190675
Days on Market3
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1965
Lot Size0.08 AC / 3,441 SF
CountyOrange County

Building Information for 5204 Neptune Avenue

Stories2Residences-Year Built1965Building Size-Lot Size0.08 AC / 3,441 SF

Property Information for 5204 Neptune Avenue

Rental Info
Rental Info
  • Tenant Pays: All Utilities
Income / Expense / Tax Details
Income Details
  • Gross Income: $100,000
  • Gross Scheduled Income: $108,000
  • Net Operating Income: $100,000
  • Current Financing: None
Expense Details
  • Operating Expense: $8,000
  • Insurance Expense: $0
  • Trash Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Block: 52
  • Tax Tract Number: 670
  • Tax Census Tract: 635.00
  • CFD/Mello-Roos Fee: $528
  • Tax Lot: 10
Community / Development
Community / Development
  • Accessibility Features: None
  • Disability Access: None
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Biking
Property / Structure Info
Interior Features
  • Appliances: Electric Range
  • Equipment: Electric Dryer Hookup, Garage, Gas Dryer Hookup, Hookup - Electric, Washer Hookup
  • Interior Features: Open Floorplan
  • Room Type: Living Room, Main Floor Primary Bedroom
  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, In Garage, Washer Hookup
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Cooling: None
  • Heating Type: Forced Air
  • Heating: Forced Air
  • Heat Equipment: Forced Air Unit
Exterior Features
  • Window Features: Double Pane Windows
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Roof: Shingle
  • Entry Location: Right Side
  • Fence: Yes
  • Fence: Wood
  • Fencing: Wood
  • Foundation Details: Slab
  • Property Condition: Updated/Remodeled
  • View Description: Peek-A-Boo
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Level
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Electric: 220 Volts in Garage
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Driveway
  • Uncovered Spaces: 2
  • Open Other Spaces Total: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Driveway, Garage Faces Front
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: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 5500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 0
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Property History for 5204 Neptune Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 5204 Neptune Avenue

Taxable ValueLand$458,344Additions$130,338Total$588,682
Tax Record2023$6,700 ($558 / month)
Home Facts
Total Finished SqFt2,660 SqFtAbove Grade Finished SqFt2,660 SqFtLot Size2,985 SqFtStyleMulti-Family Dwelling (2-4)Year Built1965CountyORANGEAPN424-503-09

Schools near 5204 Neptune Avenue

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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5204 Neptune Avenue is a multi-family home for sale in Newport Beach, CA 92663. This property was listed for sale on September 13, 2024 by Better Homes and Gardens RE, it's currently listed at $3,000,000. 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. 5204 Neptune Avenue is a 5-bed, 3-bath, 2,660 sqft multi-family home built in 1965.

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 Better Homes and Gardens RE, Jeremey Tuchsen, DRE #01407629

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.