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    900 Oceanfront Newport Beach, CA 92661-1352
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    Property profile & analytics

    900 Oceanfront, Newport Beach, CA 92661-1352

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    • Apartment buildings
    • 5,855 SF
    • 0.15 lot acres
    Off-Market
    Last Sale Jan 31, 2025
    $4,000,000
    Property ID
    US09-1414327
    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.

    Value Estimations
    $3,835,000
    Show details
    Cap Rate Potential
    3.2%
    Apartment buildings
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 900 Oceanfront

    Year built
    1971
    Lot size
    0.15 lot acres
    Property type
    Apartment buildings
    APN
    048-143-27
    APU
    4814327

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 10, 2025 — Towne Mall Galleria LLC — Deed · related $2M · Lone Oak Fund LLC
    Jan 31, 2025 $4,000,000 Towne Mall Galleria LLC 900 Oceanfront LLC Grant Deed —
    Dec 30, 2022 $6,750,000 900 Oceanfront LLC God Is Love For Eternity Grant Deed —
    Dec 1, 2020 $6,596,500 God Is Love For Eternity Groundswell Investments LLC Grant Deed $4M · Groundswell Investments LLC
    Jun 12, 2009 — Groundswell Investments LLC Dillion Trust Grant Deed —
    Feb 6, 1997 $296,500 Gregory L Dillion Trustee Morgan Trust Grant Deed —
    Jul 8, 1996 $150,000 Morgan Trust Pessler,richard L Trustees Deed —
    Jul 3, 1996 — Laura Silberman Morga, Grant Deed · related —
    Dec 29, 1989 — Richard Pessler Pessler Richard Quit Claim Deed · related $120k · American Savings Bank
    Apr 1, 1988 $1,134,500 Richard Pessler Prope Trustees Deed $850k · Long Beach Savings & Loan
    Apr 1, 1988 — Property Exchang Inter Trustees Deed · related —
    — — Pessler Trust — Deed Of Trust · related $50k · Individual
    — — Pessler Trust — Deed Of Trust · related $20k · Budget Finance Co
    — — Richard L Pessler — Deed Of Trust · related $17k · Individual
    — — Pessler Trustee — Deed Of Trust · related $25k · Anderson & Swanson Co

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $3,520,000
      ML approach
      $3,965,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,696,000
      Market price range: $1.34M - $3.70M
    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $2,370,000
      Current use
      COMMERCIAL (GENERAL)
      $5,740,000
      Change: +142% Conversion: Moderate
      RESTAURANT
      $3,995,000
      Change: +69% Conversion: Difficult
      RETAIL STORES
      $2,855,000
      Change: +20% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $2,745,000
      Change: +16% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $2,610,000
      Change: +10% Conversion: Difficult
      OFFICE BUILDING
      $2,510,000
      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
    -117.899
    Latitude
    33.6012
    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
    $74,049
    $6,472,482
    $412,518
    $6,885,000
    -
    $0.00
    $0.00
    $0.00
    More about this property
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