1248 Balboa Blvd Newport Beach, CA 92661
Property profile & analytics
1248 Balboa Blvd, Newport Beach, CA 92661
- Apartment buildings
- 1,200 SF
- 0.15 lot acres
Property ID
US09-0576087
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Apartment buildings
Property Details for 1248 Balboa Blvd
- Year built
- 1948
- Lot size
- 0.15 lot acres
- Property type
- Apartment buildings
- APN
- 047-234-19
- APU
- 4723419
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 29, 2019 | — | 1248 W Balboa LLC | — | Deed · related | $2.5M · City National Bank |
| Aug 31, 2017 | $3,190,000 | 1248 W Balboa LLC | Baca Family Trust | Grant Deed | $1.6M · Jump Management LLC |
| Jun 30, 2016 | — | Tucker Family Trust | Tucker,hal R & Phillippa | Quit Claim Deed · related | — |
| — | — | Baca,tr | — | Deed Of Trust · related | $500k · Washington Mutual Fsb |
| — | — | Baca Family Trust | — | Deed Of Trust · related | $150k · Rhett Tucker |
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $615,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $380,000
- 6.5%
- $350,000
- 7%
- $325,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $757,000
- AI Estimate
- $515,000
Market price range: $275k - $758kMarket price range: $151k - $515k -
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $485,000 Current use
- RETAIL STORES
- $585,000 Change: +20% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $565,000 Change: +16% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $535,000 Change: +10% Conversion: Difficult
- OFFICE BUILDING
- $515,000 Change: +6% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Newport Beach
- County
- Orange
- State
- California
- Longitude
- -117.917
- Latitude
- 33.6067
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$39,308
$3,123,453
$462,065
$3,585,518
-
$0.00
$0.00
$0.00
