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4015 Marcus Avenue

Newport Beach, CA 92663

– beds
– baths
– sqft
3,014 sqft lot
1950 build
– on site

Welcome to 4015 Marcus Drive, a captivating property nestled in the heart of Newport Island in Newport Beach. This extraordinary residence boasts a private dock, granting you the privilege of harboring your very own Duffy or larger boat at your waterfront home. Picture the sheer joy of gliding along the pristine waters, watching sunsets, or immersing yourself in the picturesque allure of Newport Harbor at your leisure. More than a haven for a fantastic waterfront lifestyle, this property presents a lucrative investment opportunity. Comprising two separate remodeled and upgraded units totaling 5 bedrooms, it offers flexible options to generate income. Rent out one or both units monthly, establishing a steady stream of revenue. Alternatively, reside in one unit while leasing the other, relishing the comfort of home alongside an additional income source. For paddle boarding enthusiasts, the tranquil harbor presents an ideal canvas for indulging in this popular coastal activity, offering serene and inviting waters for your enjoyment. Newport Beach, renowned for its stunning coastline and vibrant social scene, sets the stage for a life of leisure and enjoyment. Immerse yourself in the thriving Newport Island community, where luxury yachts, waterfront residences, and a vibrant boating culture converge to create an unrivaled coastal experience. As you explore the area, discover the relaxed yet glamorous atmosphere prevalent in Newport Island, nearby Peninsula beaches, Lido Marina Village's upscale shopping, delectable dining options at Fashion Island, and many more along the coast. Contact Broker regarding rental potential and rental history.

Listed By CRMLS_CA / Andy Stavros / DOUGLAS ELLIMAN OF CALIFORNIA, INC. / 949-290-0139

Last checked: Checking… • Last updated Jan 12, 2024 •

MLS# LG23224971 —

This property is listed in more than one place. See it here, and here, and here.

The Building

Year Built:

1950
Year Built Source:

Public Records
New Construction:

No
Construction Materials:

Stucco
Roof:

Composition
Exterior Features:

Dock Private
Entry Level:

1
Foundation:

Slab
Accessibility Features:

None
Common Walls:

1 Common Wall
Building Area Total:

2608.00
Building Area Units:

Square Feet
# of Buildings:

1
Total Number Of Units:

2
Stories Total:

2
# of Separate Gas Meters:

1
# of Separate Water Meters:

1
# of Separate Electric Meters:

1

Interior

Features:

Balcony, Open Floorplan
Levels:

Two
Entry Location:

1
Window Features:

Bay Window(s)
Flooring:

Laminate, Tile
Room Type:

Entry, Kitchen, Living Room
Fireplace:

No
Fireplace:

None
Laundry:

Inside
Laundry:

1

Location

Directions:

W Balboa Blvd to 38th to Marcus Ave
Latitude:

33.61997900
Longitude:

-117.93526000

The Property

Property Type:

Residential Income
Subtype:

Duplex
Property Condition:

Updated/Remodeled
Lot Features:

Level with Street
Lot Size Area:

3014.0000
Lot Size Acres:

0.0692
Lot Size SqFt:

3014.00
Lot Size Source:

Assessor
View:

1
View:

Water
Fencing:

Partial
Fence:

Yes
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

340
Tax Census Tract:

635.00
Tax Tract:

164
Tax Lot:

7

The Listing

Buyer's Brokerage Compensation:

2.000%
Special Listing Conditions:

Standard
Buyer's Brokerage Compensation:

$2
Parcel Number:

42305303

Heating & Cooling

Cooling:

Yes
Cooling:

Central Air

Utilities

Utilities:

Electricity Connected, Sewer Connected, Water Connected
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Gas Oven, Gas Cooktop
Included:

Yes

The Community

Senior Community:

No
Neighborhood:

Newport Island
Features:

Sidewalks, Street Lights
Pool:

None
Private Pool:

No
Waterfront Features:

Canal Front, Marina in Community
Spa Features:

None
Association:

No

Parking

Parking:

Yes
Parking:

Direct Garage Access
Parking Spaces:

2.00
Garage Spaces:

2.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
12/15/23 Dec 15, 2023	Listed / Active	CRMLS_CA	$5,350,000	127.8% (23.8% / YR)
8/7/18 Aug 7, 2018		CRMLS_CA	$2,349,000	2.1%
7/28/18 Jul 28, 2018		CRMLS_CA	$2,299,900

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This multifamily located in West Newport Beach, Newport Beach, CA 92663 is currently for sale for $5,350,000. 4015 Marcus Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 145 days. 4015 Marcus Avenue is in the West Newport Beach neighborhood of Newport Beach and has a WalkScore® of 81, making it very walkable. This multifamily is in the attendance area of Ensign Intermediate School, Newport Harbor High School, and Newport Elementary School.

Listing Courtesy of: CRMLS_CA and DOUGLAS ELLIMAN OF CALIFORNIA, INC.. Based on information from California Regional Multiple Listing Service, Inc. as of 05:58 on May 08.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.