128 39th Street

Newport Beach, CA 92663

$2,850,000
Last Sold Price
5
Beds
3
Baths
2,300 Sq. Ft.
$1,239 / Sq. Ft.
2,300
Sq. Ft.
$1,239
per Sq. Ft.

Description

Opportunity is knocking! Priced significantly below recent appraised value, this adorable California Mission-style bungalow is just steps from the
sand and surf in popular West Newport Beach! Completely remodeled R-2 property that can live like a single family with an upper income unit at
the rear of the property. Charming three bedroom, two bath front unit accented by hardwood floors, separate dining area, upgraded kitchen and
large sunny front patio with views to the water. Cozy upper two bedroom,
...Opportunity is knocking! Priced significantly below recent appraised value, this adorable California Mission-style bungalow is just steps from the
sand and surf in popular West Newport Beach! Completely remodeled R-2 property that can live like a single family with an upper income unit at
the rear of the property. Charming three bedroom, two bath front unit accented by hardwood floors, separate dining area, upgraded kitchen and
large sunny front patio with views to the water. Cozy upper two bedroom, one bath unit with open living, dining and kitchen areas highlighted by
travertine stone floors, granite counters and custom tile work throughout. Adjoining terrace perfect for al fresco dining and taking in the sights!
There is also a separate inside laundry area for both units and a large two car attached garage. With a solid vacation rental history in excess of
$100k per year this is a great income opportunity equally well-suited for an owner to enjoy as a weekend retreat at the beach. Alternatively rent
weekly in summer months and monthly during winter...the best of both worlds! A property full of possibilities for anyone wanting a carefree
investment with easy access to one of the favored beaches and surf spots along the Southern California coastline.

Listing Agent

  1. Carter Kaufman

    Carter Kaufman

    Listing Agent

    Compass

    DRE #01968622

Property Details for 128 39th Street

Architectural Style
Spanish
View
Ocean, Water
Parking Spaces Total
2
Private Pool
No
Cooling Type
N/K
Total Units
2.0
Building Type
Detached
Lot Size Source
Public Records

Location

Listing Courtesy of Compass, Carter Kaufman, DRE #01968622; Compass, Jeremiah Wisdom, DRE #02121704

Sold By Compass, Jeremiah Wisdom, DRE #02121704

Add your commute
LISTING UPDATED: 04/24/2022 02:01 AM

Property Details for 128 39th Street

StatusClosed
MLS #OC21246428
Days on Market93
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential Income
Year Built1930
Lot Size0.05 AC / 2,178 SF
CountyOrange County

Location

Listing Courtesy of Compass, Carter Kaufman, DRE #01968622; Compass, Jeremiah Wisdom, DRE #02121704

Sold By Compass, Jeremiah Wisdom, DRE #02121704

Add your commute

Building Information for 128 39th Street

Stories1Residences-Year Built1930Building Size-Lot Size0.05 AC / 2,178 SF

Payment Calculator

$18,137 per month

30 year fixed, 7.25% Interest

Principal and Interest

$15,554

Property Taxes

$2,583

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 128 39th Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $93,600
  • Gross Scheduled Income: $93,600
  • Net Operating Income: $68,600
  • Financing: Cash to Loan
Expense Details
  • Operating Expense: $25,000
  • Insurance Expense: $4,000
  • Trash Expense: $600
  • Total Expenses: $25,000
Tax / Assessment Info
  • Tax Block: 38
  • Tax Tract Number: 670
  • Tax Census Tract: 635.00
  • CFD/Mello-Roos Fee: $496
  • Tax Lot: 15
Community / Development
Community / Development
  • Accessibility Features: Doors - Swing In, No Interior Steps
  • Disability Access: Doors - Swing In, No Interior Steps
  • Assessments YN: No
  • Assessments: None
  • Community Features: Sidewalks, Storm Drains, Street Lights, Suburban
Property / Structure Info
Interior Features
  • Appliances: Barbecue, Dishwasher, Disposal, Gas Range, Refrigerator
  • Equipment: Dishwasher, Disposal, Refrigerator, Barbecue, Gas Range
  • Interior Features: Ceiling Fan(s), Crown Molding, Granite Counters, Recessed Lighting, Storage
  • Room Type: Family Room, Kitchen, Living Room
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Laundry Location: Laundry Room
  • Laundry Utilities: Gas, Washer Hookup
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Fireplace: N/K
  • Cooling: None
  • Heating Type: Wall
  • Heat Source: Natural Gas
  • Heating: Wall Furnace
  • Heat Equipment: Wall/Gravity
  • Floor Coverings: Stone, Tile, Wood
  • Flooring: Stone, Tile, Wood
Exterior Features
  • Door Features: Mirror Closet Door(s)
  • Window Features: Double Pane Windows
  • Construction Materials: Drywall Walls, Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Roof: Composition
  • Foundation Details: Raised, Slab
  • Structure Type: Duplex
  • Property Condition: Turnkey
  • View Description: Ocean, Water
  • Patio: Yes
  • Patio: Stone/Tile, Patio Open
  • Patio And Porch Features: Patio Open, Stone
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Sign on Property: No
  • Lot Features: Rectangular Lot, Level
  • Lease Considered: No
  • Number Of Units: 2
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One, Two
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Sewer Not Available, Water Available, Water Connected
  • Electric: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Sewer Not Available, Water Available, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Garage
  • Parking Garage Spaces: 2
  • Parking Garage: Garage
  • Carport Spaces: 0
  • Attached Garage: Yes
  • Parking Features: Garage
Property / Structure Info
  • Builders Tract Name: West Newport Beach
  • Builders Tract Code: West Newport Beach (WSNB)
  • Architectural Style: Mediterranean/Spanish
  • Residential Styles: Townhome
  • Residential Unit Location: 1 common wall
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $4,650
  • Unit Type Total Rent: $4,650
  • Unit Type Pro Forma: 5000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,150
  • Unit Type Total Rent: $3,150
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 2
Unit Information
  • 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 128 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 128 39th Street

Taxable ValueLand$2,820,848Additions$86,152Total$2,907,000
Tax Record2023$30,997 ($2,583 / month)
Home Facts
Beds2Total Finished SqFt750 SqFtAbove Grade Finished SqFt750 SqFtStories1Lot Size2,376 SqFtStyleSingle Family ResidenceYear Built1930CountyORANGEAPN423-322-02

Schools near 128 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.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Carter Kaufman, DRE #01968622; Compass, Jeremiah Wisdom, DRE #02121704

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.