Amazing development opportunity in the spectacular location of Balboa Peninsula Point. The property is a tear down and is being sold as land value. Come and build your dream beach house!
Sold for $6,625,000
$6,625,000
2045 E Ocean Blvd, Newport Beach, CA 92661
4beds
2baths
1,437sqft
SingleFamily
Built in 1952
2,450 Square Feet Lot
$6,722,300 Zestimate®
$4,610/sqft
$6,614 Estimated rent
Home value
$6,722,300
$6.18M - $7.33M
$6,614/mo
Zestimate® history
Owner options
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$6,614/mo
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$6,614/mo
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$41,343/mo
Est. payment
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$41,343/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2.5
Heating
- None, Other
Cooling
- None
Features
- Flooring: Other
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,437 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
Features
- Exterior features: Other
Lot
- Size: 2,450 Square Feet
Details
- Parcel number: 04826211
Construction
Type & style
- Home type: SingleFamily
Materials
- Roof: Other
Condition
- Year built: 1952
Community & HOA
Location
- Region: Newport Beach
Financial & listing details
- Price per square foot: $4,610/sqft
- Tax assessed value: $4,061,826
- Annual tax amount: $42,962
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2025 | Sold | $6,625,000-5%$4,610/sqft |
Source: Public Record Report a problem | ||
| 8/30/2025 | Pending sale | $6,975,000$4,854/sqft |
Source:  CRMLS #NP25087083 Report a problem | ||
| 4/22/2025 | Listed for sale | $6,975,000+85.9%$4,854/sqft |
Source: CRMLS #NP25087083 Report a problem | ||
| 12/1/2020 | Sold | $3,752,500+77.8%$2,611/sqft |
Source: Public Record Report a problem | ||
| 1/9/2018 | Sold | $2,110,000+20.6%$1,468/sqft |
Source: Public Record Report a problem | ||
| 6/29/2015 | Sold | $1,750,000$1,218/sqft |
Source: Public Record Report a problem | ||
| 6/26/2015 | Pending sale | $1,750,000$1,218/sqft |
Source: BHHS California Properties #OC15130679 Report a problem | ||
| 6/17/2015 | Listed for sale | $1,750,000$1,218/sqft |
Source: Berkshire Hathaway HomeServic #OC15130679 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $42,962 +1.6% | $4,061,826 +2% |
| 2024 | $42,294 +2.4% | $3,982,183 +2% |
| 2023 | $41,307 +1.7% | $3,904,101 +2% |
| 2022 | $40,625 -12.2% | $3,827,550 +2% |
| 2021 | $46,284 +71.5% | $3,752,500 +48.4% |
| 2020 | $26,991 | $2,529,444 +17.5% |
| 2019 | $26,991 +17.4% | $2,152,200 +20.9% |
| 2018 | $22,987 +16.8% | $1,779,618 -1.8% |
| 2017 | $19,672 | $1,812,220 +2% |
| 2016 | $19,672 +1.9% | $1,776,687 +1666% |
| 2015 | $19,310 +1086.9% | $100,604 +2% |
| 2014 | $1,627 | $98,634 +0.5% |
| 2013 | -- | $98,189 +2% |
| 2012 | -- | $96,264 +2% |
| 2011 | -- | $94,377 +0.8% |
| 2010 | -- | $93,672 -0.2% |
| 2009 | -- | $93,896 +2% |
| 2008 | -- | $92,055 +2% |
| 2007 | -- | $90,250 +2% |
| 2006 | -- | $88,481 +2% |
| 2005 | -- | $86,747 +2% |
| 2004 | -- | $85,047 +1.9% |
| 2003 | -- | $83,489 +2% |
| 2002 | -- | $81,852 +2% |
| 2001 | $837 +2.7% | $80,248 +2% |
| 2000 | $815 | $78,675 |
Find assessor info on the county website
Neighborhood: 92661
Nearby homes
- $4,026,3002 bd2 ba1.5k sqft2041 E Ocean Blvd, Newport Beach, CA 92661Off Market
- $20,0002 bd2 ba1k sqft2049 E Ocean Blvd, Newport Beach, CA 92661For Rent
- $25,0004 bd4 ba2.8k sqft2037 E Ocean Blvd, Newport Beach, CA 92661For Rent
- $5,846,8004 bd4 ba2.1k sqft2053 E Ocean Blvd, Newport Beach, CA 92661Off Market
- $6,768,1004 bd3 ba3.5k sqft2042 E Oceanfront, Newport Beach, CA 92661Off Market
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- $5,491,6003 bd3 ba2.4k sqft2033 E Ocean Blvd, Newport Beach, CA 92661Off Market
- $11,825,3003 bd2 ba1.1k sqft2038 E Oceanfront, Newport Beach, CA 92661Off Market
Nearby schools
GreatSchools rating
- 8/10Newport Elementary SchoolGrades: K-6Distance: 2 mi
- 9/10Horace Ensign Intermediate SchoolGrades: 7-8Distance: 2.4 mi
- 9/10Newport Harbor High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- Elementary: Newport Elementary
- Middle: Ensign Middle School
- High: Newport Harbor High
- District: Newport Mesa Unified
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$6,722,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$6,722,300
- California
- Orange County
- Newport Beach
- 92661
- 2045 E Ocean Blvd
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