Owner
$4,233,880
3109 CLAY ST, NEWPORT BEACH, CA
Quick Facts
owner occupied
No
vacant
No
corporate owner
Yes
beds
4
baths
3
sq. ft.
3,608
property type
Single Family Residential
hoa
No
About
Residential
Building Quality B
Average Condition
Living Area
Garage
2 Stories
Central
Pool (Yes)
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
1941
Building Size
3,608 sq ft
Lot Size
13,026 sq ft
Lot Size (Acres)
0.30 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
425-091-13
County
Orange County, California
Metro Area
Los Angeles-Long Beach-Anaheim, CA
Zoning
—
Neighborhood/Subdivision
BOULEVARD ADD TO NEWPORT HEIGHTS
Lot Number
2
School District
Newport-Mesa Unified School District
Legal Description
N TR 27 BLK 1 LOT 2 TR 27 LOT 2 BLK 1 NWLY 67.5 FT -INC ABAN ALLEY
Tax & Value Information
Market Value (Total)
$0
Building Value
$0
Land Value
$0
Annual Property Tax
$38,091
Tax Assessment Year
2024
Assessed Value
$3,568,572
Last Assessment Year
2024
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
2/2/2022
Recording Date
3/15/2022
Sales Document #
2022.100684
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$163,829
Return on Investment
15.60%
After Repair Value
$4,657,268
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
Show Advanced Options
Analysis Details
Purchase Price
$3,810,492
Renovation Cost
$211,694
Closing Costs (buying)
$76,210
Holding Costs
$115,608
Selling Costs
$279,436
Total Investment
$1,050,002
After Repair Value (ARV)
$4,657,268
Total Costs
$4,493,439
Estimated Profit
$163,829
Cash Invested
$973,792
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
Map Filters
Key Amenities in the Area