For SaleRisky Deal1 days on market
2004 E Ocean Blvd
2004 E Ocean Blvd, Newport Beach, CA 92661, Newport Beach, CA 92661
$4,195,000
Estimate®:$4,067,900
Listing Price
2004 E Ocean Blvd, Newport Beach, CA 92661
Loc: Newport Beach, CA
Days Listed
1
Tax Assessed
$3570k
Estimate®
$4068k
Market Rate
Lot Size
2,625 sqft
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
8
Newport Elementary School
K-6
2 mi away
9
Horace Ensign Intermediate School
7-8
2.3 mi away
9
Newport Harbor High School
9-12
2.4 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
craftsmancottagecozybrick wallwhite sidingweather vanebeachsidepatiocurb appeallandscapedgabled roofcharmingoutdoor seatingresidential
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.15%
Total ROI
92.6%
Cash Flow
$-255/mo
DSCR
0.99
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-255/mo net cash flow with a 6.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.2%)
- • 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 |
|---|---|---|---|
| 2026-09-23 | Listed for sale | $4,195,000 | $3,534 |
| 2024-11-27 | Sold | $3,500,000 | $2,949 |
| 2024-10-29 | Pending sale | $3,595,000 | $3,029 |
| 2024-10-23 | Contingent | $3,595,000 | $3,029 |
| 2024-10-18 | Price change | $3,595,000 | $3,029 |
| 2024-09-19 | Listed for sale | $3,650,000 | $3,075 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $3,570,000 |
| 2025 | $37,282.86 | $3,500,000 |
| 2024 | $1,552 | $110,285 |
| 2023 | $1,513.52 | $108,123 |
| 2022 | $1,483.7 | $106,003 |
| 2021 | $1,383.98 | $103,925 |
| 2020 | $1,369.48 | $102,860 |
| 2019 | $1,369.48 | $100,844 |
| 2018 | $1,346.82 | $98,867 |
| 2017 | $1,298.02 | $96,929 |
| 2016 | $1,298.02 | $95,029 |
| 2015 | $1,271.14 | $93,602 |
| 2014 | $1,225.74 | $91,769 |
| 2013 | $0 | $91,355 |
| 2012 | $0 | $89,564 |
| 2011 | $0 | $87,808 |
| 2010 | $0 | $87,152 |
| 2009 | $0 | $87,360 |
| 2008 | $0 | $85,648 |
| 2007 | $0 | $83,969 |
| 2006 | $0 | $82,323 |
| 2005 | $0 | $80,709 |
| 2004 | $0 | $79,127 |
| 2003 | $0 | $77,677 |
| 2002 | $0 | $76,154 |
| 2001 | $780 | $74,661 |
| 2000 | $759.32 | $73,198 |
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