#NP24198991, Tyler Brown, Listing Office: Compass

215 32nd St Newport Beach, CA 92663
Property details
About 215 32nd St
PRICED REDUCED $800k - SELLER FINANCING AVAILABLE. Just $1.5M down and seller will carry at 4% interest-only for 12 months. Buyer keeps all rental income (approx. $260K/year) to offset interest payments. Balloon payment of $3.7M due at end of year one. Rare low-entry opportunity in prime Newport Beach with immediate cash flow. Newly constructed in 2020, this fully furnished 8-bedroom, 7-bathroom duplex sits at the top of the Balboa Peninsula, directly across from the beach. Includes two transferable short-term rental permits and strong income history. Two thoughtfully designed units: Rear Unit: 5BR / 3.5BA with direct garage access, open-concept kitchen, large bonus room, and rooftop deck with ocean, city, and mountain views. Front Unit: 3BR / 2.5BA with a charming front porch on 32nd Street — steps to the sand and ideal for entertaining. Features include AC/heat, parking for 4 cars (2-car garage + 2-car carport), and premium finishes throughout. Walk to Lido Marina Village, the Bayfront, top restaurants, and shops. Quick access to PCH and freeways. Live where you vacation or leverage it as a high-performing income property!
Highlights
Summary
- MLS Number: NP25056815
- MLS Name: CRMLS
- Office Name: Surterre Properties Inc.
- Office Phone: (949) 280-6357
- Listing Agent: Chris Moreno
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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Last updated on: 4/13/2025, 12:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$5,200,000
215 32nd St
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Price information
Property sales
Date | Event | Price |
---|---|---|
Dec 06, 2022 | Home Sold | $4,200,000 |
Dec 06, 2018 | Home Sold | $950,000 |
Jun 17, 1992 | Home Sold | $328,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $4,284,000 | $45,641 |
2023 | $4,200,000 | $44,574 |
2022 | $1,594,807 | $17,294 |
2021 | $1,563,537 | $16,964 |
2020 | $1,142,227 | $12,052 |
2019 | $1,100,000 | $5,778 |
2018 | $509,755 | $5,778 |
2017 | $499,760 | $5,676 |
History based on county public records data.
Nearby schools
8
Newport Elementary School
Public District KG-6
1.0 mi
•1327 W Balboa Blvd
7
Newport Heights Elementary School
Public District KG-6
1.1 mi
•300 E 15th St
4
Whittier Elementary School
Public District KG-6
1.8 mi
•1800 Whittier Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $137,037. Typical income of Newport Beach, CA residents is between $100k-200k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
Similar homes for sale
This home is located at 215 32nd St in Newport Beach, CA and zip code 92663 in the West Newport Beach neighborhood. This 3,500 square foot home, which was built in 2020, sits on a 0.05 acre lot. Features: 8 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since March 15, 2025 and is currently priced at $5,200,000.
Over 14 listings were sold over their listed price in March 2025 in Newport Beach, CA. In the same period over 54 listings were sold below the listed price and 26 listings were sold for the listed price. The number of listings in Newport Beach, CA increased by 3.8% between February and March 2025. In March 2025, listings were on the market for 43 days. During the same period, the median list price in this real estate market was $3,578,461.