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1423 Bay Ave

Newport Beach, CA 92661

2 bd 2 ba 1,085 sqft Built 1940 Lot 2,700 sqft single_family
Most recent sale
$2,600,000
Jun 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 22, 2023 Listed for rent $8,500 CRMLS
Jun 29, 2022 Sold $2,600,000 Public Record
Apr 30, 2022 Price changed $2,795,000 MLS #22-136693
Mar 28, 2022 Listed $2,900,000 MLS #22-136693
Jul 12, 2021 Sold $2,500,000 MLS #OC21124382
Jun 10, 2021 Listed $2,500,000 MLS #OC21124382
Jun 26, 1985 Sold $189,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $61,090 $2,698,050 $2,759,140 $29,314
2024 $61,090 $2,698,050 $2,759,140 $28,856
2023 $58,719 $2,593,281 $2,652,000 $28,180
2022 $53,459 $2,446,541 $2,500,000 $26,662
2021 $55,539 $292,164 $347,703 $3,948
2020 $54,970 $289,168 $344,138 $3,910
2019 $53,893 $283,498 $337,391 $3,834
2018 $52,837 $277,939 $330,776 $3,758
2017 $51,801 $272,490 $324,291 $3,692
2016 $50,786 $267,147 $317,933 $3,611
2015 $50,024 $263,134 $313,158 $3,574
2014 $49,045 $257,979 $307,024 $3,489
2013 $48,824 $256,813 $305,637 $3,465
2012 $47,867 $251,778 $299,645 $3,360
2011 $46,929 $246,841 $293,770 $3,266
2010 $46,579 $244,996 $291,575 $3,221
2009 $46,690 $245,579 $292,269 $3,202
2008 $45,775 $240,764 $286,539 $3,113
2007 $44,878 $236,043 $280,921 $3,038

Property facts

Year built
1940
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,085 sqft
Lot size
2,700 sqft
ZIP code
92661
City
Newport Beach
Street
Bay Ave
Coordinates
33.60755, -117.92004

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$15,600
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1423 Bay Ave last sell?
1423 Bay Ave most recently sold on Jun 29, 2022 for $2,600,000.
What is the current tax assessment for 1423 Bay Ave?
The most recent total assessment for 1423 Bay Ave (year 2025) is $2,759,140 with $29,314 in property tax.
How does 1423 Bay Ave's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $2,600,000.
When was 1423 Bay Ave built?
1423 Bay Ave was built in 1940.
How does 1423 Bay Ave compare to others on Bay Ave?
We track 8 other properties on Bay Ave. Browse the list under "Other properties on Bay Ave" to compare beds, baths, and sale history.
What are the property facts for 1423 Bay Ave?
1423 Bay Ave is a 2 bed, 2 bath, 1,085 sqft, 2,700 sqft lot single_family.
Is 1423 Bay Ave a flip candidate?
No — 1423 Bay Ave does not appear in our flips dataset.
Is 1423 Bay Ave a tax-appeal candidate?
No — 1423 Bay Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+5.0%
Implied 1-yr
+20.1%
2026 Q2
$8.67M
2026 Q3
$9M
ZIP 92661 — Median Price History + Forecast

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