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3510 Lake Ave, Newport Beach, CA, 92663

3beds
3baths
2,143sqft
$3,200,000
$1,493price/sqft
$18,599/moest. monthly cost
$743,960/yrincome needed

About This Home

Property is located in Newport Beach Peninsula, highly desirable area, few minutes walking distance to the beach. Main house is 2 large bedrooms, 2 full bathrooms and a den that is currently being used as a 3rd bedroom, welcoming living room/dining area and open kitchen with laundry unit inside and large balcony upstairs. Upper unit has its own private stair entrance, 1 large bedroom, full bathroom, living room/dining area, kitchen with laundry area and private balcony. Additional features is main home has 2 car attached garage, upper unit has 2 car parking area. Perfect property for investment and/or personal use home. Walking distance to Pavilions shopping center and minutes from Lido Marina Village, shops and restaurants . Definitely a must see and great opportunity, first time on market. Home was rebuilt in 1988 as a duplex and has been used as a family home.

Getting Around

90
WalkingVery Walkable
37
TransitSome Transit
79
BikeVery Bikeable

Schools

8/10
9/10

Construction

Condition

  • Year built: 1988

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Appliances

  • Laundry features: In Kitchen

Bedroom

  • Features: All Bedrooms Up

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3

Features

  • Balcony,All Bedrooms Up
  • Flooring: Carpet,Wood
  • Fireplace features: None
  • Common walls with other units/homes: 1 Common Wall

Interior Area

  • Total structure area: 2,143
  • Total interior livable area: 2,143 sqft

Property

Details

  • Parcel number: 42337508
  • Attached to another structure: Yes
  • Special condition: Standard
  • Exclusions: Personal Property

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Front Door
  • Pool features: None
  • Spa features: None

Lot

  • Lot size: 2,239 sqft
  • Features: 0-1 Unit/Acre

Parking

  • Total spaces: 4
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingVery High
  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Coastal Flooding
Earthquake
Inland Flooding
Heat Wave

FEMA Declared Disasters in Orange County and California

Earthquake
Flood
Mud Landslide
Severe Storm
Snowstorm
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $16,180$194,160
Home Insurance *$254$3,048
Property Taxes $1,706$20,472
Electricity $459$5,514
Total$18,599$223,188
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$637,680/yr
40% on housing$557,970/yr
45% on housing$495,973/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,493This listing

vs Other Active Listings

Avg $/sqft

ZIP 92663$1,880
Orange County$768

vs Homes Sold Last Month

Median $/sqft

ZIP 92663$1,620
Orange County$707

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-12Price change$3,200,000
2026-07-09Listed for sale$3,500,000

For Sale by Agent

AgentJasmine Silva
BrokerageCOLDWELL BANKER LEADERS

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