702 Bay Ave Newport Beach, CA 92661
Property profile & analytics
702 Bay Ave, Newport Beach, CA 92661
- Retail space
- 3,852 SF
- 0.08 lot acres
Property ID
US09-2743431
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
- Retail space
Property Details for 702 Bay Ave
- Year built
- 1946
- Lot size
- 0.08 lot acres
- Property type
- Retail space
- APN
- 048-133-07
- APU
- 4813307
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 22, 2016 | $1,850,000 | Ricci Family Trust | Westrem Family Living Trust | Grant Deed | $1.2M · California Bk&tr |
| Aug 7, 2015 | — | William J Westrem | Westrem,evelyn M | Affidavit Of Death · related | — |
| Jan 28, 2014 | — | Westrem Family Living Trust | Westrem Family Living Trust | Quit Claim Deed · related | — |
| Jul 2, 2013 | — | Westrem,william & Sharon Trust | Westrem,william J & Sharon | Quit Claim Deed · related | — |
| Apr 4, 2013 | — | William J Westrem | Westerm Family Living Trust | Quit Claim Deed · related | — |
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,460,000
- 6.5%
- $1,345,000
- 7%
- $1,250,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $694,000
Market price range: $477k - $1.28M -
Alternative Use
- Use
- Estimation
- AUTO REPAIR, GARAGE
- $1,720,000
- OFFICE BUILDING
- $1,655,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Newport Beach
- County
- Orange
- State
- California
- Longitude
- -117.9
- Latitude
- 33.6028
- 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
$24,091
$1,914,966
$259,594
$2,174,560
-
$0.00
$0.00
$0.00