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    148 Woodburne, Unit 87 Newport Beach, CA 92660

    For Lease
    $4,800 /Mo ($48 SF/Yr)

    Spacious 2 bed, 2 bath apartment in prime Newport Beach.

    Property size:
    1,181 SF
    Lot size:
    1,181 SF

    Property Features for 148 Woodburne

    General Information

    Size
    1,181 SF

    Building Details

    Year built
    1984

    Source: Keller Williams Legacy Agent Charmaine Uy

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Newport Beach Apartment with Garage

    Located in Newport Beach, this spacious one-story unit features 2 bedrooms and 2 bathrooms on the first level of the Bayridge Community. The unit offers an open floor plan with no stairs and includes two indoor garage parking spaces, one with direct access to the unit. The living room opens to an outdoor patio. The kitchen and bathrooms have been upgraded. The unit's location offers privacy. The community is well-maintained with trees and plants. The property is within walking distance to the community pool and spa, high-end shopping, and restaurants at Fashion Island, as well as Corona Del Mar High School. It is located approximately 5 minutes drive from UC Irvine and near Big Canyon Golf Course and Newport Golf Course. Balboa Island, beaches, ferries, and John Wayne Airport are also located within minutes of the property. The unit size is 1181 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newport Beach
    County
    Orange
    State
    California
    Longitude
    -117.8682599
    Latitude
    33.6375968

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    FAQs

    What type of property is this?
    Apartment building - Spacious 2 bed, 2 bath apartment in prime Newport Beach.
    Where is this apartment building located?
    The property is located at 148 Woodburne, Unit 87 Newport Beach, CA.
    What is the lease rate?
    The lease rate is $48 SF/Yr.
    What are key features of this property?
    This property features: - Prime Newport Beach location near Fashion Island shopping and restaurants.; - Single-story unit with no stairs and direct access from the indoor garage.; - Upgraded kitchen and bathrooms.
    (909) 263-2397
    Request Owner's contact information
    148 Woodburne, Unit 87 Newport Beach, CA 92660
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    Newport Beach, CA 92660
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    148 Woodburne, Unit 87 Newport Beach, CA 92660
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