For SaleNeutral Deal107 days on market
1220 W Bay Ave
1220 W Bay Ave, Newport Beach, CA 92661, Newport Beach, CA 92661
$57,500,000
Estimate®:$45,115,500
Listing Price
1220 W Bay Ave, Newport Beach, CA 92661
Loc: Newport Beach, CA
Days Listed
107
Tax Assessed
$19837k
Estimate®
$45116k
Market Rate
Lot Size
7,132 sqft
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
8
Newport Elementary School
K-6
0.1 mi away
9
Horace Ensign Intermediate School
7-8
0.8 mi away
9
Newport Harbor High School
9-12
1.1 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Single Family Residence2023Ductless, ZonedDuctless, Zoned4 Attached Garage spaces7,132 sqft107 Days$4,510
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.53%
Total ROI
100.9%
Cash Flow
$14,696/mo
DSCR
1.05
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $14,696/mo net cash flow with a 6.5% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.5%)
- • Strong rental demand in Newport Beach
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-06-09 | Listed for sale | $57,500,000 | $4,510 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $19,837,474 |
| 2025 | $204,174 | $19,448,504 |
| 2024 | $201,198.44 | $19,067,160 |
| 2023 | $177,260.34 | $16,873,060 |
| 2022 | $151,538.31 | $14,373,005 |
| 2021 | $149,372.7 | $14,162,555 |
| 2020 | $121,507.74 | $11,506,628 |
| 2019 | $121,507.74 | $9,965,309 |
Similar Properties Nearby
Explore other investment opportunities in Newport Beach.