1703 Plaza Del Sur · Newport Beach, CA 92661

$949,000

4 bd · 4.5 ba · 2,929 sqft · SingleFamily public records · 623 Days on market

Built 1940 2,522 sqft lot $324/sqft · 82% below area

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Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +20.5/30.0
• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• DSCR +6.5/10.0
• 1% rule +5.4/10.0
• Rent growth +5.0/5.0
• Schools +4.8/10.0
• Livability +3.8/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

New Co-Ownership Opportunity: New co-ownership opportunity: Own 1/8 of this professionally managed, turnkey home. Just minutes from Balboa Pier Beach, this completely renovated and redesigned 4-bedroom, 4.5-bath home makes a perfect coastal retreat. Perched on a corner lot, the three-story home is filled with light, relaxing spaces to enjoy with family and friends. Topping it off is an expansive rooftop deck with stunning ocean views. Large windows, glass doors and wood floors make this modern home feel fresh and inviting. The great room, complete with gas fireplace, flows easily to the paved front patio for easy indoor/outdoor living. The sleek kitchen has Viking appliances, a generous island and a huge pantry. Just around the corner are a powder room and laundry room. On the second floor, the primary bedroom has a private balcony, spacious closet and en suite bathroom with dual vanity, tiled shower and oval soaking tub. This level also has two guest bedrooms and bathrooms and access to a deck with a peek-a-boo ocean view. In addition to a fourth bedroom with a balcony and a nearby bathroom, the home's top level offers access to the spectacular rooftop entertaining area, complete with outdoor kitchen, fire pit and ocean views. Or opt to dine at one of the many nearby restaurants, enjoy a sunset stroll on the beach and stop by one of the fire rings to warm yourself on a cool evening. The home, close to the body surfing hot-spot called the Wedge, comes fully furnished and professionally decorated.

Key facts

• 2,522 sq ft lot
• 3 garage spots
• Built 1940

What this means for you Summary

Snapshot

• This is a 4-bed/4.5-bath single-family listed at $949k.

Deal economics

• At list price, monthly cash flow is $1k ($15k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($10k rent vs $949k).
• Recommended offer: $835k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.9% vs local median 0.6% in Newport Beach — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 76/100 on livability (#101 in CA, #3,645 nationally) — a middle-class / working-renter tenant base. Strengths: schools A+, amenities A+, employment A+; Watch: health & safety C-, cost of living F.
• Newport-Mesa Unified (urban): math 46% / reading 58% proficiency, ranked #106 of 517 in CA (top 20%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents rising fast (+13.6%/yr); 52 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 72% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 6,974 units permitted in Orange County in 2024 (3,839 in 5+ unit buildings).
• At $9,882/mo this rent would consume 57% of the median local household income ($209k/yr) (locally 72% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $101k of equity ($7k loan paydown + $95k appreciation (10.0% local appreciation)).
• Orange County population projected at +14% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (10.0% appreciation + 8.0% rent growth), your $266k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$163k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 623 days — a 12% lower offer ($835k) is reasonable based on typical stale-listing flexibility.
• 23 sale attempts since 22y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1940 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $835,120 (12.0% below list)

Questions for the listing agent

1. It's been on market 623 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1940 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.04% ✓
• Cap rate: 7.87%
• Cash-on-cash: 5.64%
• DSCR: 1.25
• GRM: 8.0

CMA / ARV

• ARV (median comp): $5,545,262
• List price: $949,000
• Delta: -82.89%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1516 E Ocean Front	0.16mi	5/4.0 (+1)	3,083 (+5%)	2mo	$10,600,000	$3,438	75
1585 Miramar	0.04mi	4/3.0	2,630 (-10%)	1mo	$4,050,000	$1,540	74
1577 Miramar Dr	0.05mi	4/4.0	2,558 (-13%)	4mo	$4,650,000	$1,818	71
117 E Bay Front	0.49mi	5/4.0 (+1)	2,787 (-5%)	5mo	$8,000,000	$2,870	58
1305 E Balboa Blvd	0.29mi	3/3.5 (-1)	2,634 (-10%)	7mo	$6,925,000	$2,629	54
2149 E Ocean Blvd	0.33mi	3/4.0 (-1)	3,284 (+12%)	6mo	$6,550,000	$1,995	53
112 Ruby Ave	0.60mi	4/3.0	2,766 (-6%)	6mo	$4,875,000	$1,762	51
1201 N Bay Front	0.73mi	4/4.0	2,724 (-7%)	7mo	$7,950,000	$2,919	46
1524 Dolphin Ter	0.73mi	3/3.5 (-1)	2,765 (-6%)	2mo	$7,225,000	$2,613	45
122 Collins Ave	0.65mi	4/4.0	2,551 (-13%)	1mo	$3,270,000	$1,282	45
429 Dahlia Ave	0.72mi	4/6.0	3,159 (+8%)	8mo	$6,560,000	$2,077	41
333 Apolena	0.73mi	4/5.5	3,294 (+12%)	5mo	$9,400,000	$2,854	37

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: 30.4%
• Equity multiple: 3.44×
• Total profit: $648,731
• Equity at exit: $854,934

10-year hold

• IRR: 27.9%
• Equity multiple: 8.44×
• Total profit: $1,977,554
• Equity at exit: $1,843,698

Cash invested: $265,720 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 18 Strongly Tenant-Friendly
• State California: 18 Strongly Tenant-Friendly · D+13
• County: — inherits STATE
• City: — inherits STATE

AB1482 statewide rent cap (10% + CPI). Cities (SF/LA/Berkeley) layer stricter rules. Just-cause statewide.

Methodology + full state rankings →

ZIP-level market 92661

• Home prices YoY: 4.5%
• Rents YoY: 13.6%
• Active inventory: 52
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $9,882 medium
• Mortgage (P&I): −$4,977
• Tax est. 1.5%: −$1,186 /mo · $14,235/yr
• Insurance: −$395
• HOA: −$0
• Vacancy / Maint / Mgmt: −$2,075
• Net cashflow: $1,248

Break-even live

Break-even rent $8,302

Max offer price $949,000

Occupancy floor 82%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $237,250
• Closing costs: $28,470
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1576 E Ocean Blvd Newport Beach, CA	4.0	3.0	2321	$16,500	$7.11	44d	1	0.06mi
1554 E Oceanfront Newport Beach, CA	4.0	4.5	3649	$30,000	$8.22	18d	1	0.11mi
503 L St Newport Beach, CA	4.0	4.5	3148	$19,500	$6.19	44d	1	0.13mi
1509 E Bay Ave Newport Beach, CA	4.0	4.5	2582	$45,000	$17.43	44d	1	0.16mi
2025 E Balboa Blvd Newport Beach, CA	4.0	4.0	3000	$14,000	$4.67	44d	1	0.17mi
2037 E Ocean Blvd Newport Beach, CA	4.0	4.0	2943	$30,000	$10.19	44d	1	0.19mi
2035 Miramar Dr Newport Beach, CA	4.0	3.0	2028	$21,000	$10.36	44d	1	0.21mi
1411 E Bay Ave Newport Beach, CA	4.0	4.0	2548	$27,500	$10.79	44d	1	0.21mi
2105 E Balboa Blvd Newport Beach, CA	4.0	4.5	2985	$28,500	$9.55	4d	1	0.24mi
2105 E Balboa Blvd Newport Beach, CA	4.0	4.5	2985	$28,500	$9.55	44d	1	0.24mi
2137 Channel Rd Newport Beach, CA	4.0	2.5	2598	$14,000	$5.39	3d	1	0.28mi
2137 Channel Rd Newport Beach, CA	4.0	2.5	2632	$13,750	$5.22	25d	1	0.28mi
1214 E Balboa Blvd Newport Beach, CA	4.0	3.5	2672	$22,000	$8.23	44d	1	0.35mi
112 Abalone Ave Newport Beach, CA	5.0	4.0	2893	$12,800	$4.42	44d	1	0.48mi
117 Marine Ave Newport Beach, CA	5.0	5.0	2279	$15,000	$6.58	44d	1	0.51mi
125 Grand Canal Newport Beach, CA	5.0	4.0	2520	$30,000	$11.90	44d	1	0.52mi
200 Grand Canal Newport Beach, CA	4.0	3.0	2014	$11,950	$5.93	15d	1	0.54mi
200 Grand Canal Newport Beach, CA	4.0	3.0	2014	$12,000	$5.96	25d	1	0.54mi
225 E Bay Front Newport Beach, CA	4.0	4.5	2512	$40,900	$16.28	44d	1	0.59mi
312 Carnation Ave Corona del Mar, CA	3.0	4.5	3357	$24,000	$7.15	44d	1	0.61mi
203 Sapphire Ave Newport Beach, CA	3.0	3.5	2347	$27,000	$11.50	44d	1	0.63mi
220 Coral Ave Newport Beach, CA	3.0	3.5	2394	$17,000	$7.10	44d	1	0.65mi
2824 Ocean Blvd Corona del Mar, CA	5.0	4.0	2800	$15,995	$5.71	44d	1	0.65mi
317 E Bay Front Newport Beach, CA	3.0	3.5	2608	$39,500	$15.15	44d	1	0.66mi
2820 Bayview Dr Corona del Mar, CA	3.0	3.5	3222	$35,000	$10.86	25d	1	0.69mi
504 Avocado Ave Corona del Mar, CA	3.0	3.0	2006	$20,000	$9.97	44d	1	0.69mi
1901 Altura Dr Corona del Mar, CA	4.0	3.0	2616	$14,250	$5.45	44d	1	0.70mi
315 Goldenrod Ave Corona del Mar, CA	4.0	3.5	2800	$25,000	$8.93	44d	1	0.70mi
200 Topaz Ave Newport Beach, CA	3.0	3.0	2000	$7,850	$3.92	17d	1	0.72mi
441 Carnation Ave Corona del Mar, CA	3.0	2.5	2084	$13,000	$6.24	25d	1	0.73mi
2801 Bayside Dr Corona del Mar, CA	4.0	4.5	2801	$19,995	$7.14	44d	1	0.73mi
312 Ruby Ave Newport Beach, CA	4.0	2.5	2353	$22,850	$9.71	44d	1	0.76mi
119 Opal Ave Newport Beach, CA	3.0	2.5	2354	$16,000	$6.80	44d	1	0.77mi
604 Acacia Ave Corona del Mar, CA	3.0	2.5	2127	$18,000	$8.46	44d	1	0.78mi
517 Fernleaf Ave Corona del Mar, CA	4.0	3.5	2000	$13,000	$6.50	25d	1	0.84mi
204 Pearl Ave Newport Beach, CA	3.0	3.5	2478	$23,995	$9.68	44d	1	0.84mi
319 Jasmine Ave Corona del Mar, CA	3.0	3.5	2472	$16,000	$6.47	6d	1	0.85mi
707 Begonia Ave Corona del Mar, CA	3.0	3.5	2085	$10,500	$5.04	44d	1	0.86mi
124 Garnet Ave Newport Beach, CA	4.0	2.0	2219	$13,500	$6.08	44d	1	0.88mi
413 E Edgewater Ave Newport Beach, CA	3.0	4.0	2576	$35,000	$13.59	44d	1	0.89mi

Listing history 50 events

1. 2026-06-18
   days on market $949,000 Active 623 DOM
2. 2026-06-17
   days on market $949,000 Active 622 DOM
3. 2026-06-16
   days on market $949,000 Active 621 DOM
4. 2026-06-15
   days on market $949,000 Active 620 DOM
5. 2026-06-13
   days on market $949,000 Active 618 DOM
6. 2026-06-13
   days on market $949,000 Active 617 DOM
7. 2026-06-09
   days on market $949,000 Active 614 DOM
8. 2026-06-08
   days on market $949,000 Active 613 DOM
9. 2026-06-07
   days on market $949,000 Active 612 DOM
10. 2026-06-04
    days on market $949,000 Active 609 DOM
11. 2026-06-03
    days on market $949,000 Active 608 DOM
12. 2026-06-02
    days on market $949,000 Active 607 DOM
13. 2026-06-01
    days on market $949,000 Active 606 DOM
14. 2026-05-31
    days on market $949,000 Active 605 DOM
15. 2025-09-24
    status Active 1521-char remark

    Show marketing remark (1521 chars)

    New Co-Ownership Opportunity: New co-ownership opportunity: Own 1/8 of this professionally managed, turnkey home. Just minutes from Balboa Pier Beach, this completely renovated and redesigned 4-bedroom, 4.5-bath home makes a perfect coastal retreat. Perched on a corner lot, the three-story home is filled with light, relaxing spaces to enjoy with family and friends. Topping it off is an expansive rooftop deck with stunning ocean views. Large windows, glass doors and wood floors make this modern home feel fresh and inviting. The great room, complete with gas fireplace, flows easily to the paved front patio for easy indoor/outdoor living. The sleek kitchen has Viking appliances, a generous island and a huge pantry. Just around the corner are a powder room and laundry room. On the second floor, the primary bedroom has a private balcony, spacious closet and en suite bathroom with dual vanity, tiled shower and oval soaking tub. This level also has two guest bedrooms and bathrooms and access to a deck with a peek-a-boo ocean view. In addition to a fourth bedroom with a balcony and a nearby bathroom, the home's top level offers access to the spectacular rooftop entertaining area, complete with outdoor kitchen, fire pit and ocean views. Or opt to dine at one of the many nearby restaurants, enjoy a sunset stroll on the beach and stop by one of the fire rings to warm yourself on a cool evening. The home, close to the body surfing hot-spot called the Wedge, comes fully furnished and professionally decorated.

16. 2025-09-09
    status Pending 1521-char remark

    Show marketing remark (1521 chars)

    New Co-Ownership Opportunity: New co-ownership opportunity: Own 1/8 of this professionally managed, turnkey home. Just minutes from Balboa Pier Beach, this completely renovated and redesigned 4-bedroom, 4.5-bath home makes a perfect coastal retreat. Perched on a corner lot, the three-story home is filled with light, relaxing spaces to enjoy with family and friends. Topping it off is an expansive rooftop deck with stunning ocean views. Large windows, glass doors and wood floors make this modern home feel fresh and inviting. The great room, complete with gas fireplace, flows easily to the paved front patio for easy indoor/outdoor living. The sleek kitchen has Viking appliances, a generous island and a huge pantry. Just around the corner are a powder room and laundry room. On the second floor, the primary bedroom has a private balcony, spacious closet and en suite bathroom with dual vanity, tiled shower and oval soaking tub. This level also has two guest bedrooms and bathrooms and access to a deck with a peek-a-boo ocean view. In addition to a fourth bedroom with a balcony and a nearby bathroom, the home's top level offers access to the spectacular rooftop entertaining area, complete with outdoor kitchen, fire pit and ocean views. Or opt to dine at one of the many nearby restaurants, enjoy a sunset stroll on the beach and stop by one of the fire rings to warm yourself on a cool evening. The home, close to the body surfing hot-spot called the Wedge, comes fully furnished and professionally decorated.

17. 2025-05-06
    price $949,000 1521-char remark

    Show marketing remark (1521 chars)

    New Co-Ownership Opportunity: New co-ownership opportunity: Own 1/8 of this professionally managed, turnkey home. Just minutes from Balboa Pier Beach, this completely renovated and redesigned 4-bedroom, 4.5-bath home makes a perfect coastal retreat. Perched on a corner lot, the three-story home is filled with light, relaxing spaces to enjoy with family and friends. Topping it off is an expansive rooftop deck with stunning ocean views. Large windows, glass doors and wood floors make this modern home feel fresh and inviting. The great room, complete with gas fireplace, flows easily to the paved front patio for easy indoor/outdoor living. The sleek kitchen has Viking appliances, a generous island and a huge pantry. Just around the corner are a powder room and laundry room. On the second floor, the primary bedroom has a private balcony, spacious closet and en suite bathroom with dual vanity, tiled shower and oval soaking tub. This level also has two guest bedrooms and bathrooms and access to a deck with a peek-a-boo ocean view. In addition to a fourth bedroom with a balcony and a nearby bathroom, the home's top level offers access to the spectacular rooftop entertaining area, complete with outdoor kitchen, fire pit and ocean views. Or opt to dine at one of the many nearby restaurants, enjoy a sunset stroll on the beach and stop by one of the fire rings to warm yourself on a cool evening. The home, close to the body surfing hot-spot called the Wedge, comes fully furnished and professionally decorated.

18. 2024-10-23
    status Active 1521-char remark

    Show marketing remark (1521 chars)

    New Co-Ownership Opportunity: New co-ownership opportunity: Own 1/8 of this professionally managed, turnkey home. Just minutes from Balboa Pier Beach, this completely renovated and redesigned 4-bedroom, 4.5-bath home makes a perfect coastal retreat. Perched on a corner lot, the three-story home is filled with light, relaxing spaces to enjoy with family and friends. Topping it off is an expansive rooftop deck with stunning ocean views. Large windows, glass doors and wood floors make this modern home feel fresh and inviting. The great room, complete with gas fireplace, flows easily to the paved front patio for easy indoor/outdoor living. The sleek kitchen has Viking appliances, a generous island and a huge pantry. Just around the corner are a powder room and laundry room. On the second floor, the primary bedroom has a private balcony, spacious closet and en suite bathroom with dual vanity, tiled shower and oval soaking tub. This level also has two guest bedrooms and bathrooms and access to a deck with a peek-a-boo ocean view. In addition to a fourth bedroom with a balcony and a nearby bathroom, the home's top level offers access to the spectacular rooftop entertaining area, complete with outdoor kitchen, fire pit and ocean views. Or opt to dine at one of the many nearby restaurants, enjoy a sunset stroll on the beach and stop by one of the fire rings to warm yourself on a cool evening. The home, close to the body surfing hot-spot called the Wedge, comes fully furnished and professionally decorated.

19. 2024-09-18
    listed $969,000 Active 1521-char remark

    Show marketing remark (1521 chars)

    New Co-Ownership Opportunity: New co-ownership opportunity: Own 1/8 of this professionally managed, turnkey home. Just minutes from Balboa Pier Beach, this completely renovated and redesigned 4-bedroom, 4.5-bath home makes a perfect coastal retreat. Perched on a corner lot, the three-story home is filled with light, relaxing spaces to enjoy with family and friends. Topping it off is an expansive rooftop deck with stunning ocean views. Large windows, glass doors and wood floors make this modern home feel fresh and inviting. The great room, complete with gas fireplace, flows easily to the paved front patio for easy indoor/outdoor living. The sleek kitchen has Viking appliances, a generous island and a huge pantry. Just around the corner are a powder room and laundry room. On the second floor, the primary bedroom has a private balcony, spacious closet and en suite bathroom with dual vanity, tiled shower and oval soaking tub. This level also has two guest bedrooms and bathrooms and access to a deck with a peek-a-boo ocean view. In addition to a fourth bedroom with a balcony and a nearby bathroom, the home's top level offers access to the spectacular rooftop entertaining area, complete with outdoor kitchen, fire pit and ocean views. Or opt to dine at one of the many nearby restaurants, enjoy a sunset stroll on the beach and stop by one of the fire rings to warm yourself on a cool evening. The home, close to the body surfing hot-spot called the Wedge, comes fully furnished and professionally decorated.

20. 2023-10-27
    status Pending
21. 2023-09-13
    status Active
22. 2023-07-06
    listed Active
23. 2023-05-25
    soldstatus $900,000 Sold
24. 2023-05-25
    soldstatus $900,000
25. 2023-05-16
    price $925,000
26. 2023-01-18
    listed $990,000 Active
27. 2023-01-18
    listed $925,000
28. 2022-01-13
    status Pending
29. 2022-01-13
    soldstatus $6,720,000 Sold
30. 2021-11-30
    listed $840,000 Active
31. 2021-08-21
    status Active
32. 2021-08-20
    soldstatus $5,700,000 Closed Sale
33. 2021-08-20
    soldstatus $5,700,000
34. 2021-08-10
    status Active
35. 2021-07-06
    status Pending Sale
36. 2021-07-04
    listed Active Under Contract
37. 2021-06-27
    historical $5,700,000
38. 2021-06-27
    historical
39. 2021-06-27
    historical
40. 2021-04-13
    soldstatus $3,293,000 Closed Sale
41. 2021-04-13
    soldstatus $3,293,000
42. 2021-03-24
    status Pending Sale
43. 2021-03-15
    listed $3,250,000 Active
44. 2020-08-20
    listed $5,795,000 Active
45. 2018-06-29
    soldstatus $2,965,000 Closed Sale
46. 2018-06-29
    soldstatus $2,965,000
47. 2018-06-26
    status Pending Sale
48. 2018-06-16
    historical Active Under Contract
49. 2018-03-19
    listed $3,150,000 Active
50. 2017-12-16
    historical

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (shaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥83°F today · 21 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 4/10 Moderate 6 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $118,582
• − Mortgage interest: −$53,159
• − Property taxes: −$14,235
• − Insurance: −$4,745
• − Repairs & maintenance: −$9,487
• − Management: −$9,487
• − Depreciation: −$27,607
• Taxable loss: −$137
• Est. tax savings @ 24.0%: +$33
• After-tax cash flow: $15,013/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Newport-Mesa Unified
• NCES district ID: 0627240
• Math proficiency: 46% ▼ -6.00%
• Reading proficiency: 58% ▼ -5.00%
• Median HH income: $83,922
• Composite: 47.64/100
• National rank: #2248
• State rank: #106 of 517 in CA

Livability — Newport Beach

• Score: 76/100
• State rank: #101
• US rank: #3645

Category grades

Amenities A+ Commute A Cost of living F Crime C+ Employment A+ Housing C+ Health & safety C- User ratings C+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Newport Beach, CA
• County: Orange County · 3,096,323 people
• City population: 83,845
• Metro: Los Angeles-Long Beach-Anaheim, CA
• Population (ZIP): 3,079
• Household income: $209,231
• Rent vs Own: 61.1% rent · 38.9% own
• Severe rent burden: 72.0

Population outlook (Orange County) Hauer SSP2

• Today (2025): 3,477,456 people
• By 2030: 3,613,117 · +3.9%
• By 2040: 3,835,945 · +10.3%
• By 2050: 3,968,736 · +14.1%
• By 2075: 4,097,053 · +17.8%
• By 2100: 3,903,633 · +12.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (72%)
• Race & ethnicity: White 72% Two or more races 22% Hispanic / Latino 10% Asian 2%
• Hispanic origin (detail): Mexican 9% Puerto Rican 2%
• Common ancestry: Italian 8% Danish 5% Slovak 4%
• Foreign-born: 8% · Canada
• Languages at home: 88% English-only · Spanish 9% German/W. Germanic 2% Other Asian/Pacific 1%

Political lean MEDSL · Orange

• 2024 margin: Toss-up / Even · D 49.7% · R 47.1% · Other 3.2%
• 2008→2024 swing: +5.2pp toward D · 2008: -2.6pp · 2024: 2.6pp
• All cycles: 2024: D+2.6 2020: D+9.0 2016: D+7.7 2012: R+8.3 2008: R+2.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 18.17%
• Current HPI: 425.2623
• Rent YoY: ▲ 13.56%
• Metro: Los Angeles-Long Beach-Anaheim, CA
• State GDP YoY: ▲ 3.21%
• F500 in state: 116

Industry mix (Fortune 500 HQ in CA)

Industry	F500 HQs	Revenue
▸Technology	27	$1,492B
▸Financial Services	3	$174B
▸Retail	3	$44B
▸Insurance	3	$26B
▸Media / Entertainment	2	$115B
▸Pharmaceuticals / Biotech	2	$62B

Price history

+442.3% since first listed

62 events — show timeline

• 2025-09-24 Relisted — TheMLS
• 2025-09-09 Pending — TheMLS
• 2025-05-06 Price Changed $949,000 TheMLS
• 2024-10-23 Relisted — TheMLS
• 2024-09-18 Listed $969,000 TheMLS
• 2023-10-27 Pending — TheMLS
• 2023-09-13 Relisted — TheMLS
• 2023-07-06 Listed — TheMLS
• 2023-05-25 Sold (MLS) $900,000 SDMLS
• 2023-05-25 Sold (MLS) $900,000 TheMLS
• 2023-05-16 Price Changed $925,000 TheMLS
• 2023-01-18 Listed $925,000 SDMLS
• 2023-01-18 Listed $990,000 TheMLS
• 2022-01-13 Pending — TheMLS
• 2022-01-13 Sold (MLS) $6,720,000 TheMLS
• 2021-11-30 Listed $840,000 TheMLS
• 2021-08-21 Relisted — CRMLS
• 2021-08-20 Sold (Public Records) $5,700,000 Public Records
• 2021-08-20 Sold (MLS) $5,700,000 CRMLS
• 2021-08-10 Relisted — CRMLS
• 2021-07-06 Pending — CRMLS
• 2021-07-04 Listed — CRMLS
• 2021-06-27 Coming Soon $5,700,000 CRMLS
• 2021-06-27 Listing Removed — CRMLS
• 2021-06-27 Coming Soon — CRMLS
• 2021-04-13 Sold (Public Records) $3,293,000 Public Records
• 2021-04-13 Sold (MLS) $3,293,000 CRMLS
• 2021-03-24 Pending — CRMLS
• 2021-03-15 Listed $3,250,000 CRMLS
• 2020-08-20 Listed $5,795,000 CRMLS
• 2018-06-29 Sold (Public Records) $2,965,000 Public Records
• 2018-06-29 Sold (MLS) $2,965,000 CRMLS
• 2018-06-26 Pending — CRMLS
• 2018-06-16 Contingent — CRMLS
• 2018-03-19 Listed $3,150,000 CRMLS
• 2017-12-16 Listing Removed — CRMLS
• 2017-08-07 Price Changed $2,995,000 CRMLS
• 2017-05-16 Price Changed $3,085,000 CRMLS
• 2017-01-05 Listed $3,295,000 CRMLS
• 2014-12-01 Sold (Public Records) $2,795,000 Public Records
• 2014-12-01 Sold (MLS) $2,795,000 CRMLS
• 2014-10-02 Pending — CRMLS
• 2014-09-11 Listed $2,899,900 CRMLS
• 2014-09-06 Listing Removed — CRMLS
• 2014-07-24 Relisted — CRMLS
• 2014-07-21 Pending — CRMLS
• 2014-06-06 Listed $2,995,000 CRMLS
• 2013-11-26 Price Changed $2,995,000 CRMLS
• 2013-11-26 Listing Removed — CRMLS
• 2013-06-06 Listed $3,300,000 CRMLS
• 2006-07-26 Sold (Public Records) $2,800,000 Public Records
• 2006-07-26 Sold (MLS) $2,800,000 CRMLS
• 2006-05-19 Listed $2,999,900 CRMLS
• 2006-05-18 Listing Removed — CRMLS
• 2006-04-08 Listed $2,999,900 CRMLS
• 2006-04-07 Listing Removed — CRMLS
• 2005-11-14 Listed $3,289,000 CRMLS
• 2004-09-24 Sold (MLS) $1,310,000 CRMLS
• 2004-09-23 Sold (Public Records) $1,310,000 Public Records
• 2004-03-08 Listed $1,399,000 CRMLS
• 1994-03-17 Sold (Public Records) $410,000 Public Records
• 1979-05-03 Sold (Public Records) $175,000 Public Records

Property tax history

+5.6%/yr

Latest (2025): $63,783 · +1.6% YoY. Source: county tax records.