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122 Turquoise Ave

Newport Beach, CA 92662

5 bd 4 ba 2,640 sqft Built 1914 Lot 2,550 sqft duplex_triplex
Most recent sale
$3,325,000
May 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 23, 2022 Sold $3,325,000 MLS #NP22092385
May 4, 2022 Listed $3,150,000 MLS #NP22092385
Jun 3, 1976 Sold $139,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,088,846 $3,263,214 $4,352,060 $48,275
2024 $1,088,846 $3,263,214 $4,352,060 $39,596
2023 $255,000 $3,136,500 $3,391,500 $38,639
2022 $55,201 $174,856 $230,057 $2,932
2021 $54,119 $171,428 $225,547 $2,879
2020 $53,565 $169,670 $223,235 $2,851
2019 $52,515 $166,343 $218,858 $2,802
2018 $51,486 $163,081 $214,567 $2,750
2017 $50,477 $159,883 $210,360 $2,703
2016 $49,488 $156,748 $206,236 $2,648
2015 $48,745 $154,394 $203,139 $2,620
2014 $47,791 $151,369 $199,160 $2,560
2013 $47,576 $150,684 $198,260 $2,539
2012 $46,644 $147,729 $194,373 $2,459
2011 $45,730 $144,832 $190,562 $2,378
2010 $45,389 $143,749 $189,138 $2,331
2009 $45,497 $144,091 $189,588 $2,301
2008 $44,605 $141,266 $185,871 $2,229
2007 $43,731 $138,496 $182,227 $2,166

Property facts

Year built
1914
Property type
duplex_triplex
Stories
2
Beds
5
Baths
4
Living area
2,640 sqft
Lot size
2,550 sqft
ZIP code
92662
City
Newport Beach
Street
Turquoise Ave
Coordinates
33.60512, -117.89580

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
$19,950
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 122 Turquoise Ave last sell?
122 Turquoise Ave most recently sold on May 23, 2022 for $3,325,000.
What is the current tax assessment for 122 Turquoise Ave?
The most recent total assessment for 122 Turquoise Ave (year 2025) is $4,352,060 with $48,275 in property tax.
How does 122 Turquoise Ave's assessment compare to its last sale price?
The current assessment is 30.9% above the last sale price of $3,325,000.
When was 122 Turquoise Ave built?
122 Turquoise Ave was built in 1914.
How does 122 Turquoise Ave compare to others on Turquoise Ave?
We track 2 other properties on Turquoise Ave. Browse the list under "Other properties on Turquoise Ave" to compare beds, baths, and sale history.
What are the property facts for 122 Turquoise Ave?
122 Turquoise Ave is a 5 bed, 4 bath, 2,640 sqft, 2,550 sqft lot duplex_triplex.
Is 122 Turquoise Ave a flip candidate?
No — 122 Turquoise Ave does not appear in our flips dataset.
Is 122 Turquoise Ave a tax-appeal candidate?
Yes — 122 Turquoise Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.5%
Implied 1-yr
-10.1%
2026 Q1
$3.6M
2026 Q2
$3.5M
ZIP 92662 — Median Price History + Forecast

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