111 39th Street

Newport Beach, CA 92663

$4,395,000
Price
6
Beds
4.5
Baths
3,218 Sq. Ft.
$1,366 / Sq. Ft.
3,218
Sq. Ft.
$1,366
per Sq. Ft.

Description

Nestled just steps from the beach, this multifamily home is a true gem, rarely found on the peninsula. Its prime beach location offers an unparalleled coastal lifestyle, complete with breathtaking ocean views, stunning sunsets, and the soothing sound of crashing waves. Both units feature expansive living areas, modern amenities, and ample parking on one of the largest lots in the area. With a total of 6 bedrooms and 4 1/2 baths, along with 6 parking spaces and 2 spacious outdoor areas, this duplex...Nestled just steps from the beach, this multifamily home is a true gem, rarely found on the peninsula. Its prime beach location offers an unparalleled coastal lifestyle, complete with breathtaking ocean views, stunning sunsets, and the soothing sound of crashing waves. Both units feature expansive living areas, modern amenities, and ample parking on one of the largest lots in the area. With a total of 6 bedrooms and 4 1/2 baths, along with 6 parking spaces and 2 spacious outdoor areas, this duplex truly has it all. Whether used as a single-family home or for generating additional income, this property exudes versatility and coastal charm. The lower unit welcomes you with a formal entry that opens into a spacious and bright floor plan, featuring 3 bedrooms, 2 baths, and an office nook. The spacious kitchen complete with breakfast bar, flows into a large dining area and living room with sliding glass doors leading to a generously sized patio. Upstairs, natural light floods the space, highlighting the hardwood floors and voluminous ceilings. The open floor plan showcases a chef's kitchen with high-end stainless steel appliances, two ovens, a produce sink, ample cabinetry, and counter space. The oversized living has a gas fireplace and both living and dining areas boast vaulted ceilings. Large balcony with plenty of room for outdoor seating and grill. The larger of the two units, it comprises of 3 large bedrooms, 2.5 baths, and a large office. The primary suite features a double-sided fireplace, a spacious walk-in closet, and a separate tub and shower. Direct entrance to the enclosed garage and ample closet space enhance the living experience. Let the photos speak for themselves this property is a coastal haven awaiting its new owners.
  1. Listed by Steven Kirshbaum • DRE #01381800 • Brokerage DRE #01738973 • The Agency

Property Details for 111 39th Street

Style
Contemporary
Parcel Number
42332111
Total Units
2.0
Living Area
3218
Source Living Area
Estimated
Area
West Newport - Lido (N8)
Vacancy Rate
0
Lot Size Area
3624

Location

Listing Courtesy of The Agency, Steven Kirshbaum, DRE #01381800
Add your commute
LISTING UPDATED: 04/28/2024 12:02 AM

Property Details for 111 39th Street

StatusPending
MLS #24-369069
Days on Market26
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1963
Lot Size0.08 AC / 3,624 SF
CountyOrange County

Location

Listing Courtesy of The Agency, Steven Kirshbaum, DRE #01381800
Add your commute

Building Information for 111 39th Street

Stories2Residences-Year Built1963Building Size-Lot Size0.08 AC / 3,624 SF

Payment Calculator

$24,972 per month

30 year fixed, 7.25% Interest

Principal and Interest

$23,985

Property Taxes

$987

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 111 39th Street

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: single level
  • View: Yes
  • View Description: Ocean
  • View: Ocean
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $145,200
  • Net Operating Income: $138,200.00
  • Gross Income: $145,200
  • Gross Rent Multiplier: $30.00
  • Lease Per Month Year: See Remarks
  • Total Annual Expense: 7000
Land / Lot Info
Land / Lot Info
  • Alley: Yes
  • Lot Acreage: 0.0832
  • Lot Size Square Feet: 3624
Parking Details
Parking Details
  • Parking Garage: Attached, Carport, Door Opener, Covered Parking, Carport Attached
  • Total Parking: 6
  • Covered Parking: 2
  • Open Other Spaces Total: 2
  • Garage Spaces Total: 2
  • Parking Features: Carport, Garage Door Opener, Covered, Attached Carport
  • Attached Garage: Yes
Interior Features
Interior Features
  • Room Type: Den, Office, Primary Bathroom, Family Room, Entry, Walk-In Closet
  • Rooms: Breakfast Area, Breakfast Bar, Dining Room, Dining Area, Den, Office, Master Bedroom, Family Room, Entry, Patio Open, Walk-In Closet
  • Levels: Multi/Split
  • Den: Yes
  • Family Room: 1
  • Dining Room: 1
  • Cooling: None
  • Cooling Type: None
  • Heating: Central, Fireplace(s), Forced Air
  • Heating Type: Central, Fireplace, Forced Air
  • Equipment: Alarm System, Built-Ins, Cable, Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Ice Maker, Microwave, Range/Oven, Refrigerator, Washer
  • Interior Features: Ceiling Fan(s)
  • Bedroom Features: Master Bedroom, WalkInCloset
  • Cooking Appliances: Microwave, Cooktop - Gas, Convection Oven, Built-Ins, Double Oven, Range Hood, Oven-Gas
  • Laundry: Inside, Laundry Area, In Unit
  • Laundry Equipment: Own
Exterior Features
Exterior Features
  • Patio Features: Patio Open, Balcony
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 03-15-2024
  • Tenant Pays: Electricity, Gas
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $4,600.00
  • Unit Actual Rent: $4,600.00
  • Unit Projected Rent: $4,600.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $7,500.00
  • Unit Actual Rent: $7,500.00
  • Unit Projected Rent: $7,500.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $330,487.00
  • Assessed Improvement Percent: 30.47
  • Assessed Land Value: $754,223.00
  • Assessed Land Percent: 69.53
  • Assessed Total Value: $1,084,710.00

Property History for 111 39th 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 111 39th Street

Taxable ValueLand$754,223Additions$330,487Total$1,084,710
Tax Record2023$11,839 ($987 / month)
Home Facts
Total Finished SqFt2,178 SqFtAbove Grade Finished SqFt2,178 SqFtLot Size3,624 SqFtStyleMulti-Family Dwelling (2-4)Year Built1963CountyORANGEAPN423-321-11

Schools near 111 39th 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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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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Agency, Steven Kirshbaum, DRE #01381800

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.