4015 Marcus Avenue

Newport Beach, CA 92663

$5,350,000
Price
5
Beds
3
Baths
1
1/2 Bath
2,608 Sq. Ft.
$2,051 / Sq. Ft.
2,608
Sq. Ft.
$2,051
per Sq. Ft.

Description

Welcome to 4015 Marcus Drive, a captivating property nestled in the heart of Newport Island in Newport Beach. This extraordinary residence boasts a private dock, granting you the privilege of harboring your very own Duffy or larger boat at your waterfront home. Picture the sheer joy of gliding along the pristine waters, watching sunsets, or immersing yourself in the picturesque allure of Newport Harbor at your leisure. More than a haven for a fantastic waterfront lifestyle, this property presents...Welcome to 4015 Marcus Drive, a captivating property nestled in the heart of Newport Island in Newport Beach. This extraordinary residence boasts a private dock, granting you the privilege of harboring your very own Duffy or larger boat at your waterfront home. Picture the sheer joy of gliding along the pristine waters, watching sunsets, or immersing yourself in the picturesque allure of Newport Harbor at your leisure. More than a haven for a fantastic waterfront lifestyle, this property presents a lucrative investment opportunity. Comprising two separate remodeled and upgraded units totaling 5 bedrooms, it offers flexible options to generate income. Rent out one or both units monthly, establishing a steady stream of revenue. Alternatively, reside in one unit while leasing the other, relishing the comfort of home alongside an additional income source. For paddle boarding enthusiasts, the tranquil harbor presents an ideal canvas for indulging in this popular coastal activity, offering serene and inviting waters for your enjoyment. Newport Beach, renowned for its stunning coastline and vibrant social scene, sets the stage for a life of leisure and enjoyment. Immerse yourself in the thriving Newport Island community, where luxury yachts, waterfront residences, and a vibrant boating culture converge to create an unrivaled coastal experience. As you explore the area, discover the relaxed yet glamorous atmosphere prevalent in Newport Island, nearby Peninsula beaches, Lido Marina Village's upscale shopping, delectable dining options at Fashion Island, and many more along the coast.
  1. Listed by Andy Stavros • DRE #01408840 • Brokerage DRE #01947727 • DOUGLAS ELLIMAN OF CALIFORNIA, INC. • 949-290-0139

Property Details for 4015 Marcus Avenue

View
Bay
Parking Spaces Total
2
Private Pool
No
Cooling Type
Central Forced Air
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2608

Location

Listing Courtesy of DOUGLAS ELLIMAN OF CALIFORNIA, INC., Andy Stavros, DRE #01408840
Add your commute
LISTING UPDATED: 01/12/2024 06:09 AM

Property Details for 4015 Marcus Avenue

StatusActive
MLS #LG23223268
Days on Market138
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential
Year Built1950
Lot Size0.07 AC / 3,014 SF
CountyOrange County

Location

Listing Courtesy of DOUGLAS ELLIMAN OF CALIFORNIA, INC., Andy Stavros, DRE #01408840
Add your commute

Building Information for 4015 Marcus Avenue

Stories2Residences-Year Built1950Building Size-Lot Size0.07 AC / 3,014 SF

Payment Calculator

$31,441 per month

30 year fixed, 7.25% Interest

Principal and Interest

$29,197

Property Taxes

$2,244

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4015 Marcus Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
Expense Details
  • Operating 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: 340
  • Tax Tract Number: 164
  • Tax Census Tract: 635.00
  • CFD/Mello-Roos Fee: $513
  • Tax Lot: 7
Community / Development
Community / Development
  • Accessibility Features: None
  • Disability Access: None
  • Assessments YN: No
  • Assessments: None
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Appliances: Disposal, Gas Cooktop, Refrigerator
  • Equipment: Disposal, Refrigerator, Gas Stove
  • Interior Features: Balcony, Open Floorplan
  • Room Type: Kitchen, Laundry, Living Room
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Room Bathroom Features: Shower
  • Eating Area: In Kitchen
  • Laundry: Yes
  • Laundry Features: Inside
  • Laundry Location: Inside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Fireplace: N/K
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
  • Heat Equipment: Forced Air Unit
  • Floor Coverings: Laminate, Tile
  • Flooring: Laminate, Tile
  • Virtual Tour URL Unbranded: https://tours.previewfirst.com/ml/135529
Exterior Features
  • Window Features: Bay Window(s)
  • Construction Materials: Adobe
  • Exterior Construction: Adobe
  • Exterior: Adobe
  • Exterior Features: Dock Private
  • Roof: Composition
  • Entry Location: 1
  • Fence: Yes
  • Fence: Partial
  • Fencing: Partial
  • Foundation Details: Slab
  • Structure Type: Duplex
  • Property Condition: Updated/Remodeled
  • View Description: Bay
  • Waterfront Features: Canal Front, Marina in Community
  • Patio: Yes
  • Patio: Patio Open
  • Patio And Porch Features: Patio Open
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: Level with Street
  • Lease Considered: No
  • Number Of Units: 2
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Road Surface Type: Alley Paved
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Utilities: Electricity Connected, Water Connected
  • Electric: Electricity Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Direct Entrance
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Attached Garage: No
  • Parking Features: Direct Garage Access
Property / Structure Info
  • Residential Styles: Townhome
  • Residential Unit Location: No Common Walls
Unit Information
Unit 1
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 5
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 1
Unit Information
  • Number Of Units Leased: 0
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Property History for 4015 Marcus 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 4015 Marcus Avenue

Taxable ValueLand$2,393,276Additions$125,326Total$2,518,602
Tax Record2023$26,931 ($2,244 / month)
Home Facts
Total Finished SqFt2,126 SqFtAbove Grade Finished SqFt2,126 SqFtLot Size2,955 SqFtStyleMulti-Family Res (5+ Units)Year Built1950CountyORANGEAPN423-053-03

Schools near 4015 Marcus 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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

4015 Marcus Avenue is a townhouse for sale in Newport Beach, CA 92663. This property was listed for sale on December 11, 2023 by DOUGLAS ELLIMAN OF CALIFORNIA, INC., it's currently listed at $5,350,000. It has been on the market for a total of 138 days and was last sold on July 31, 2018. 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. 4015 Marcus Avenue is a 5-bed, 3.5-bath, 2,608 sqft townhouse built in 1950.

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 DOUGLAS ELLIMAN OF CALIFORNIA, INC., Andy Stavros, DRE #01408840

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.