312 36th Street

Newport Beach, CA 92663

$2,550,000
Last Sold Price
6
Beds
5
Baths
2,467 Sq. Ft.
$1,034 / Sq. Ft.
2,467
Sq. Ft.
$1,034
per Sq. Ft.

Description

Modern Farmhouse by the beach! This gorgeous duplex investment opportunity is located in a prime Newport Peninsula location just blocks from the beach. With two rooftop decks, residents of each unit can enjoy sun-kissed lounging and memorable sunsets. Live in one and rent the other, or rent both! Curb appeal abounds with beautiful white siding and black windows, modern aluminum roofing, and an additional deck at the front patio. Inside, discover hardwood floors throughout, plus fresh white baseboards...Modern Farmhouse by the beach! This gorgeous duplex investment opportunity is located in a prime Newport Peninsula location just blocks from the beach. With two rooftop decks, residents of each unit can enjoy sun-kissed lounging and memorable sunsets. Live in one and rent the other, or rent both! Curb appeal abounds with beautiful white siding and black windows, modern aluminum roofing, and an additional deck at the front patio. Inside, discover hardwood floors throughout, plus fresh white baseboards and shiplap. A barn door and reclaimed wood wall are a rustic counterpoint to decidedly modern features. Kitchens boast high-end appliances, white shaker cabinets and tiled backsplash, and bar seating to the open-plan great room—perfect for entertaining! All bedrooms offer spacious closets, and there’s ample storage throughout the property. The front unit has three bedrooms, three bathrooms and a den/fourth bedroom. The back unit has three bedrooms and two bathrooms. Three separate laundry areas allow for a versatile setup, and parking is plentiful with a two-car garage, two additional spaces and street parking. You’ll quickly see why this highly-upgraded multi-unit has a stellar established rental history! With easy access to the bay and beach, Lido Marina Village, Lido House Hotel, and fantastic local shopping and dining, all the best that Newport Beach has to offer is right here at your fingertips.

Listing Agent

  1. Megan Varga

    Megan Varga

    Listing Agent

    Compass

    DRE #01274948

Property Details for 312 36th Street

View
Canal, City Lights, Landmark, Neighborhood, Panoramic, Water
Parking Spaces Total
4
Private Pool
No
Cooling Type
Wall/Window
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2467

Location

Listing Courtesy of Compass, Megan Varga, DRE #01274948

Sold By Coldwell Banker Realty, Tim Smith, DRE #01346878; Coldwell Banker Realty, Hunter Jack, DRE #01879200

Add your commute
LISTING UPDATED: 10/14/2020 09:56 AM

Property Details for 312 36th Street

StatusClosed
MLS #NP20094628
Days on Market128
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential
Year Built1965
Lot Size0.05 AC / 2,300 SF
CountyOrange County

Location

Listing Courtesy of Compass, Megan Varga, DRE #01274948

Sold By Coldwell Banker Realty, Tim Smith, DRE #01346878; Coldwell Banker Realty, Hunter Jack, DRE #01879200

Add your commute

Building Information for 312 36th Street

Stories2Residences-Year Built1965Building Size-Lot Size0.05 AC / 2,300 SF

Payment Calculator

$16,280 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,916

Property Taxes

$2,364

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 312 36th Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $154,388
  • Gross Scheduled Income: $154,388
  • Net Operating Income: $127,838
  • Financing: Cash
Expense Details
  • Operating Expense: $26,550
  • New Taxes Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Block: 235
  • Tax Tract Number: 418
  • Tax Census Tract: 635.00
  • Tax Lot: 7
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
  • Equipment: Dishwasher, Disposal, Microwave, Refrigerator, Electric Range
  • Interior Features: Crown Molding, Open Floorplan, Recessed Lighting
  • Room Type: Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Walk-In Closet
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Bedroom Features: Master Bedroom
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Laundry: Yes
  • Laundry Features: Common Area, In Garage, Individual Room, Inside, Washer Hookup
  • Laundry Location: Garage, Laundry Room, Inside
  • Laundry Utilities: Washer Hookup
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Fireplace: N/K
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Electric
  • Heat Source: Electric
  • Heating: Electric
  • Floor Coverings: Wood
  • Flooring: Wood
  • Virtual Tour URL Unbranded: https://www.moderntake.com/312-36th-street
Exterior Features
  • Structure Type: Duplex
  • View Description: Canal, City Lights, Landmark, Water
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Lease Considered: No
  • Number Of Units: 2
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Driveway, Garage
  • Uncovered Spaces: 2
  • Open Other Spaces Total: 2
  • Parking Non-Garage: Driveway
  • Parking Garage Spaces: 2
  • Parking Garage: Garage
  • Carport Spaces: 0
  • Attached Garage: Yes
  • Parking Features: Driveway, Garage
Property / Structure Info
  • Builders Tract Name: Balboa Peninsula (BALP)
  • Builders Tract Code: Balboa Peninsula (Residential) (BALP)
  • Residential Styles: Townhome
  • Residential Unit Location: No Common Walls
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $88,200
  • Unit Type Total Rent: $88,200
  • Unit Type Pro Forma: 88200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Garage Spaces: 100
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $66,188
  • Unit Type Total Rent: $66,188
  • Unit Type Pro Forma: 66188
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 0

Property History for 312 36th 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 312 36th Street

Taxable ValueLand$2,392,920Additions$260,100Total$2,653,020
Tax Record2023$28,362 ($2,364 / month)
Home Facts
Total Finished SqFt1,233 SqFtAbove Grade Finished SqFt1,233 SqFtLot Size2,381 SqFtStyleMulti-Family Dwelling (2-4)Year Built1965CountyORANGEAPN423-375-02Fireplace TypeHas Fireplace

Schools near 312 36th 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, Megan Varga, DRE #01274948

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.