1589 E Ocean · Newport Beach, CA 92661

$4,150,000

3 bd · 3.0 ba · 1,664 sqft · SingleFamily public records · 61 Days on market

Built 1968 2,450 sqft lot $2494/sqft · 26% above area Est $6021k · 31% under

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Why this score? — see what drove the D 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).

• ARV discount +15.0/15.0
• Appreciation +10.0/10.0
• Rent growth +5.0/5.0
• Schools +4.8/10.0
• Livability +3.8/5.0
• Condition / age +2.5/5.0
• Cash flow +0.0/30.0
• 1% rule +0.0/10.0
• DSCR +0.0/10.0

Listing remarks MLS

A rare, shovel-ready opportunity on the coveted Newport Beach Peninsula. This property is being offered with approved, full architectural plans for a custom coastal residence—allowing the next owner to bypass years of design, entitlement, and permitting and move straight into construction. Situated on a 36×70 lot just steps from the sand, this property is positioned in one of the Peninsula’s most desirable enclaves, surrounded by newly built luxury homes and timeless beach architecture. The included plans envision a refined, modern coastal home with thoughtful indoor-outdoor living, generous natural light, and an elevated design language tailored to the neighborhood’s premium aesthetic. With utilities, surveys, and planning work complete, this is a true turn-key development opportunity: build immediately, customize finishes to your taste, and deliver a brand-new residence in a market where new construction consistently commands top-tier values. The plans call for a prestigious, three story, custom coastal masterpiece with a roof-top deck, an elevator, 4 bedrooms, an office/den and 4 bathrooms with a direct access garage and high-end finishes. You can work with the designers to choose your colors, finishes, flooring, paint and more. Whether you’re an end-user seeking a streamlined path to your dream beach home or an investor looking for a high-demand coastal build, 1589 E Ocean Blvd offers unmatched efficiency, location, and long-term value.

Key facts

• Roof-top deck
• High-end finishes
• Direct access garage

Tags

• APPROVED ARCHITECTURAL PLANS
• CUSTOM COASTAL RESIDENCE
• ROOF-TOP DECK
• DIRECT ACCESS GARAGE
• HIGH-END FINISHES

What this means for you Summary

Snapshot

• This is a 3-bed/3.0-bath single-family listed at $4.15M.

Deal economics

• At list price, monthly cash flow is $-20k ($-244k/yr) — negative.
• To cash-flow at today's rent, offer at most $1.21M (70.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $1.06M (74.4% below list).
• Recommended offer: $1.06M (74.4% below list) — sets the bar for 1% rule.
• Cap rate 0.4% vs local median 0.6% in Newport Beach — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

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 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 60% 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 $10,607/mo this rent would consume 61% 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 $444k of equity ($29k loan paydown + $415k appreciation (10.0% local appreciation)).
• Orange County population projected at +14% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• By year 2, paydown + projected appreciation supports a ~$713k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 61 days — a 6% lower offer ($3.90M) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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.
• Current owner paid $3.20M; 30% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $1,060,652 (74.4% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 61 days. Have you received any prior offers? Is the seller open to a 74% concession, seller financing, or rate buy-down credit?
3. Built in 1968 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. 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.
9. 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.
10. 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: 0.26% ✗
• Cap rate: 0.42%
• Cash-on-cash: -20.96%
• DSCR: 0.07
• GRM: 32.6

CMA / ARV

• ARV (median comp): $6,020,542
• List price: $4,150,000
• Delta: -31.07%
• 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
1589 E Ocean Blvd	0.00mi	3/2.0	1,664 (0%)	8mo	$3,200,000	$1,923	89
1537 E Ocean Blvd	0.09mi	4/3.0 (+1)	1,757 (+6%)	5mo	$3,400,000	$1,935	77
332 L St	0.18mi	3/2.5	1,753 (+5%)	9mo	$3,950,000	$2,253	73
322 Grand Canal	0.74mi	3/3.0	1,653 (-1%)	0mo	$4,500,000	$2,722	64
323 E Bay Front	0.73mi	3/2.0	1,652 (-1%)	1mo	$8,499,000	$5,145	60
117 Abalone	0.54mi	4/2.5 (+1)	1,611 (-3%)	7mo	$3,500,000	$2,173	57
2709 Cove St	0.62mi	3/2.5	1,731 (+4%)	16mo	$6,000,000	$3,466	49
2125 Miramar Dr	0.31mi	3/3.0	1,426 (-14%)	19mo	$3,785,685	$2,655	46
2618 Cove St	0.61mi	3/3.5	1,897 (+14%)	2mo	$4,500,000	$2,372	45
210 Collins Ave	0.72mi	4/3.0 (+1)	1,760 (+6%)	9mo	$3,550,000	$2,017	44
303 Onyx Ave	0.69mi	3/3.0	1,468 (-12%)	14mo	$2,750,000	$1,873	36
135 Turquoise Ave	0.70mi	4/2.0 (+1)	1,455 (-13%)	8mo	$3,350,000	$2,302	30

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: 10.4%
• Equity multiple: 1.88×
• Total profit: $1,023,459
• Equity at exit: $3,738,649

10-year hold

• IRR: 12.0%
• Equity multiple: 4.59×
• Total profit: $4,169,870
• Equity at exit: $8,062,537

Cash invested: $1,162,000 (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: 32.6×

Monthly cashflow live

• Estimated rent: $10,607 high
• Mortgage (P&I): −$21,763
• Tax est. 1.5%: −$5,188 /mo · $62,250/yr
• Insurance: −$1,729
• HOA: −$0
• Vacancy / Maint / Mgmt: −$2,227
• Net cashflow: $-20,301

Break-even live

Break-even rent $36,303

Max offer price $1,212,476

Occupancy floor —

Sensitivity live

Price	-10% $-17,433	-5% $-18,867	+0% $-20,301	+5% $-21,735	+10% $-23,169
Rent	-10% $-21,138	-5% $-20,720	+0% $-20,301	+5% $-19,882	+10% $-19,463
Rate	-1.0pp $-18,211	-0.5pp $-19,245	base $-20,301	+0.5pp $-21,376	+1.0pp $-22,470

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: $1,037,500
• Closing costs: $124,500
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
507 J St Newport Beach, CA	4.0	3.0	1800	$30,000	$16.67	25d	1	0.18mi
1905 E Balboa Blvd Newport Beach, CA	3.0	2.0	1325	$8,500	$6.42	44d	1	0.18mi
2035 Miramar Dr Newport Beach, CA	4.0	3.0	2028	$21,000	$10.36	44d	1	0.24mi
2124 E Oceanfront Newport Beach, CA	2.0	2.0	1400	$8,495	$6.07	25d	1	0.31mi
114 Onyx Ave Newport Beach, CA	3.0	2.0	1050	$6,750	$6.43	44d	1	0.56mi
117 Amethyst Ave Newport Beach, CA	3.0	2.0	1766	$11,570	$6.55	44d	1	0.58mi
116 Jade Ave Newport Beach, CA	2.0	1.5	1144	$7,000	$6.12	44d	1	0.58mi
200 Grand Canal Newport Beach, CA	4.0	3.0	2014	$12,000	$5.96	25d	1	0.61mi
200 Grand Canal Newport Beach, CA	4.0	3.0	2014	$11,950	$5.93	15d	1	0.61mi
2512 Ocean Blvd Unit B Corona Del Mar, CA	2.0	2.0	1150	$6,195	$5.39	44d	1	0.61mi
203 Amethyst Ave Newport Beach, CA	3.0	3.0	1186	$6,500	$5.48	44d	1	0.63mi
2614 Ocean Blvd Unit B Corona del Mar, CA	2.0	2.0	1212	$12,000	$9.90	5d	1	0.65mi
222 Marine Ave Unit C Newport Beach, CA	2.0	2.0	1300	$5,800	$4.46	44d	1	0.67mi
420 Acacia Ave Corona del Mar, CA	3.0	2.0	1210	$20,000	$16.53	25d	1	0.72mi
135 Turquoise Ave Newport Beach, CA	4.0	2.0	1455	$12,000	$8.25	44d	1	0.72mi
300 Coral Ave Newport Beach, CA	3.0	3.0	1650	$24,000	$14.55	44d	1	0.73mi
200 Topaz Ave Newport Beach, CA	3.0	3.0	2000	$7,850	$3.92	17d	1	0.74mi
308 Coral Ave Newport Beach, CA	3.0	2.0	1390	$12,000	$8.63	44d	1	0.75mi
216 Collins Ave Newport Beach, CA	3.0	2.0	1200	$8,000	$6.67	44d	1	0.75mi
315 1/2 Goldenrod Ave Corona del Mar, CA	3.0	2.5	1690	$9,995	$5.91	8d	1	0.76mi
445 1/2 Begonia Ave Corona Del Mar, CA	2.0	2.5	1400	$7,995	$5.71	25d	1	0.77mi
504 Avocado Ave Corona del Mar, CA	3.0	3.0	2006	$20,000	$9.97	44d	1	0.77mi
445 Begonia Ave Unit 6 Corona Del Mar, CA	2.0	2.5	1398	$7,995	$5.72	22d	1	0.78mi
131 Opal Ave Newport Beach, CA	3.0	2.0	1250	$5,895	$4.72	0d	1	0.79mi
313 Diamond Ave Newport Beach, CA	3.0	3.0	1850	$8,900	$4.81	5d	1	0.79mi
225 Iris Ave Corona del Mar, CA	3.0	2.0	1426	$15,500	$10.87	44d	1	0.80mi
314 Ruby Ave Newport Beach, CA	3.0	2.0	1500	$8,000	$5.33	44d	1	0.80mi
441 Carnation Ave Corona del Mar, CA	3.0	2.5	2084	$13,000	$6.24	25d	1	0.80mi
1009 N Bay Front Newport Beach, CA	3.0	2.0	1200	$12,000	$10.00	25d	1	0.81mi
409 Goldenrod Ave Unit A Corona Del Mar, CA	3.0	2.5	1809	$9,750	$5.39	44d	1	0.81mi
409 Goldenrod Ave Unit B Corona Del Mar, CA	3.0	2.0	1309	$7,500	$5.73	44d	1	0.81mi
421 Fernleaf Ave Corona Del Mar, CA	2.0	2.0	1400	$7,800	$5.57	44d	1	0.81mi
435 Dahlia Ave Corona del Mar, CA	3.0	3.0	1536	$6,975	$4.54	44d	1	0.81mi
319 Heliotrope Ave Corona del Mar, CA	2.0	2.0	1200	$14,000	$11.67	44d	1	0.81mi
504 E Balboa Blvd Newport Beach, CA	3.0	2.0	1600	$11,000	$6.88	44d	1	0.82mi
206 Adams St #1 Newport Beach, CA	3.0	3.0	1065	$9,000	$8.45	3d	1	0.83mi
500 E Balboa Blvd Newport Beach, CA	3.0	2.0	1600	$11,000	$6.88	44d	1	0.83mi
110 Pearl Ave Newport Beach, CA	3.0	3.0	1800	$24,000	$13.33	19d	1	0.83mi
112 Pearl Ave Newport Beach, CA	3.0	3.0	1800	$7,250	$4.03	44d	1	0.84mi
412 Goldenrod Ave Unit B Corona Del Mar, CA	3.0	3.0	1419	$9,000	$6.34	44d	1	0.85mi

Listing history 9 events

1. 2026-06-02
   days on market $4,150,000 Active 61 DOM
2. 2026-06-01
   days on market $4,150,000 Active 60 DOM
3. 2026-05-31
   days on market $4,150,000 Active 59 DOM
4. 2026-04-02
   listed $4,150,000 Active 1494-char remark

   Show marketing remark (1494 chars)

   A rare, shovel-ready opportunity on the coveted Newport Beach Peninsula. This property is being offered with approved, full architectural plans for a custom coastal residence—allowing the next owner to bypass years of design, entitlement, and permitting and move straight into construction. Situated on a 36×70 lot just steps from the sand, this property is positioned in one of the Peninsula’s most desirable enclaves, surrounded by newly built luxury homes and timeless beach architecture. The included plans envision a refined, modern coastal home with thoughtful indoor-outdoor living, generous natural light, and an elevated design language tailored to the neighborhood’s premium aesthetic. With utilities, surveys, and planning work complete, this is a true turn-key development opportunity: build immediately, customize finishes to your taste, and deliver a brand-new residence in a market where new construction consistently commands top-tier values. The plans call for a prestigious, three story, custom coastal masterpiece with a roof-top deck, an elevator, 4 bedrooms, an office/den and 4 bathrooms with a direct access garage and high-end finishes. You can work with the designers to choose your colors, finishes, flooring, paint and more. Whether you’re an end-user seeking a streamlined path to your dream beach home or an investor looking for a high-demand coastal build, 1589 E Ocean Blvd offers unmatched efficiency, location, and long-term value.

5. 2025-10-14
   soldstatus $3,200,000 Closed Sale 1244-char remark

   Show marketing remark (1244 chars)

   Once-in-a-lifetime opportunity to own a 36x70 premium lot on the Newport Beach Peninsula. 1589 E Ocean Boulevard offers the chance to build your dream home in one of Southern California’s most iconic coastal communities. The existing single-family residence is a tear-down, and the true value lies in the land and location. Surrounded by multimillion-dollar estates and architecturally significant homes, this parcel is ideal for creating a custom residence that reflects the luxury and lifestyle of the neighborhood. Located just steps from the sand and surf, with ocean breezes and sunset views. Close to the Newport Pier, Lido Marina Village, and a variety of dining, shopping, recreation options, and close proximity to The Wedge, Newport’s legendary surf and skimboarding destination. Enjoy a lifestyle defined by beach mornings, bike rides, and relaxed coastal living. Generous lot dimensions offer excellent build potential. Zoned for single-family residential use, with utilities on site. Buyer to verify development options with the city. This is more than a lot—it’s a rare chance to create something iconic in a community where opportunities like this are few and far between. Sold while processing paperwork.

6. 2025-10-14
   soldstatus $3,200,000

   Show marketing remark (1244 chars)

   Once-in-a-lifetime opportunity to own a 36x70 premium lot on the Newport Beach Peninsula. 1589 E Ocean Boulevard offers the chance to build your dream home in one of Southern California’s most iconic coastal communities. The existing single-family residence is a tear-down, and the true value lies in the land and location. Surrounded by multimillion-dollar estates and architecturally significant homes, this parcel is ideal for creating a custom residence that reflects the luxury and lifestyle of the neighborhood. Located just steps from the sand and surf, with ocean breezes and sunset views. Close to the Newport Pier, Lido Marina Village, and a variety of dining, shopping, recreation options, and close proximity to The Wedge, Newport’s legendary surf and skimboarding destination. Enjoy a lifestyle defined by beach mornings, bike rides, and relaxed coastal living. Generous lot dimensions offer excellent build potential. Zoned for single-family residential use, with utilities on site. Buyer to verify development options with the city. This is more than a lot—it’s a rare chance to create something iconic in a community where opportunities like this are few and far between. Sold while processing paperwork.

7. 2025-10-02
   listed $3,200,000 1244-char remark

   Show marketing remark (1244 chars)

   Once-in-a-lifetime opportunity to own a 36x70 premium lot on the Newport Beach Peninsula. 1589 E Ocean Boulevard offers the chance to build your dream home in one of Southern California’s most iconic coastal communities. The existing single-family residence is a tear-down, and the true value lies in the land and location. Surrounded by multimillion-dollar estates and architecturally significant homes, this parcel is ideal for creating a custom residence that reflects the luxury and lifestyle of the neighborhood. Located just steps from the sand and surf, with ocean breezes and sunset views. Close to the Newport Pier, Lido Marina Village, and a variety of dining, shopping, recreation options, and close proximity to The Wedge, Newport’s legendary surf and skimboarding destination. Enjoy a lifestyle defined by beach mornings, bike rides, and relaxed coastal living. Generous lot dimensions offer excellent build potential. Zoned for single-family residential use, with utilities on site. Buyer to verify development options with the city. This is more than a lot—it’s a rare chance to create something iconic in a community where opportunities like this are few and far between. Sold while processing paperwork.

8. 2025-10-02
   historical 1244-char remark

   Show marketing remark (1244 chars)

   Once-in-a-lifetime opportunity to own a 36x70 premium lot on the Newport Beach Peninsula. 1589 E Ocean Boulevard offers the chance to build your dream home in one of Southern California’s most iconic coastal communities. The existing single-family residence is a tear-down, and the true value lies in the land and location. Surrounded by multimillion-dollar estates and architecturally significant homes, this parcel is ideal for creating a custom residence that reflects the luxury and lifestyle of the neighborhood. Located just steps from the sand and surf, with ocean breezes and sunset views. Close to the Newport Pier, Lido Marina Village, and a variety of dining, shopping, recreation options, and close proximity to The Wedge, Newport’s legendary surf and skimboarding destination. Enjoy a lifestyle defined by beach mornings, bike rides, and relaxed coastal living. Generous lot dimensions offer excellent build potential. Zoned for single-family residential use, with utilities on site. Buyer to verify development options with the city. This is more than a lot—it’s a rare chance to create something iconic in a community where opportunities like this are few and far between. Sold while processing paperwork.

9. 1967-09-19
   soldstatus $21,500

ⓘ 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 · 22 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: $127,278
• − Mortgage interest: −$232,465
• − Property taxes: −$62,250
• − Insurance: −$20,750
• − Repairs & maintenance: −$10,182
• − Management: −$10,182
• − Depreciation: −$120,727
• Taxable loss: −$329,278
• Est. tax savings @ 24.0%: +$79,027
• After-tax cash flow: $-164,580/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

+19202.3% since first listed

6 events — show timeline

• 2026-04-02 Listed $4,150,000 CRMLS
• 2025-10-14 Sold (Public Records) $3,200,000 Public Records
• 2025-10-14 Sold (MLS) $3,200,000 CRMLS
• 2025-10-02 Listing Removed — CRMLS
• 2025-10-02 Listed $3,200,000 CRMLS
• 1967-09-19 Sold (Public Records) $21,500 Public Records

Property tax history

+2.1%/yr

Latest (2025): $1,934 · +2.0% YoY. Source: county tax records.