1184 Rutland Rd, Newport Beach, California 92660, Newport Beach, 92660 - 2 bed, 2 bath
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1184 Rutland Rd
Newport Beach, California 92660
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,068Sq Ft
53,426Lot Size
Property Price
LIST PRICE$845,000
EST. MARKET VALUE
$781,221
8% AboveMARKET VALUE
SUMMARY
This High-Potential Investment Opportunity is listed at $885,000, positioned above the $794,857 Fair Market Value. While the property requires modernization, its Condition Rating of 4 reflects a vintage 1963 interior ready for value-add renovations. Located in the prestigious Newport Mesa Unified School District near top-rated schools like Mariners Elementary, the home offers exceptional walkability to the 17th Street corridor. Featuring a Pool and Dual Patios, this residence is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a coastal lifestyle project.
Estimated Market Value
$781,221
Based on Realkey algorithm analyzing recent comparable sales in Newport Beach.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1184 Rutland Rd Subject | $845,000* List Price | 2 | 2 | 1,068 | $731 | - |
A 1228 Rutland Rd 5 Sold | $810,000 | 2 | 2 | 1,077 | $752 | - |
B 1706 Westcliff Active Under Contract | $775,000 List Price | 2 | 1 | 929 | $834 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was built in 1963 (61 years old) and the listing lacks mention of recent renovations to the kitchen, bathrooms, or major systems (HVAC/Electric). While described as 'charming' and functional, its age and lack of documented updates suggest a dated interior requiring cosmetic and system modernizations.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Eastbluff Elementary School (9/10). High School: Corona Del Mar High School (9/10).
- Prime Walkability
Situated in the heart of Newport Heights, this property offers exceptional walkability to the vibrant 17th Street corridor, providing immediate access to premier dining, boutiques, and local markets.
- Single-Level Accessibility
This ground-level, single-story condo features a rare layout with both front and back patios, offering seamless indoor-outdoor living and high appeal for buyers seeking accessibility.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =53426, other record lot size in square feet = 60080.
- Vintage Infrastructure
Built in 1963, the property may require significant capital investment to modernize aging systems or interior finishes to meet contemporary luxury standards.
- Compact Square Footage
At 1,068 square feet, the interior living space is relatively modest for a two-bedroom, two-bathroom residence, which may feel restrictive for some buyers at this price point.
About 1184 Rutland Rd
Welcome to 1184 Rutland Rd, Unit 3, Newport Beach. This charming ground level, single story condo features 2 bedrooms and 2 bathrooms, walking distance to great restaurants, markets, boutiques and vibrance of 17th St!. The inviting residence presents a well-designed floorplan within a tranquil community, just steps away from the pool for relaxing and entertaining. Bright and airy, you will look forward to coming home and enjoying the front and back patio, spacious family area, dining space and kitchen. This great location, offers outstanding schools and an opportunity as an investment or just to enjoy the California coastal lifestyle this community has to offer.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1963
- Lot Size
- 53,426 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $475.0 / Month
Neighborhood Insights
Newport Beach Unified Schools
Mariners Elementary School
Grades PK-6 • 0.1 mi
8/10
Woodland Elementary School
Grades PK-2 • 0.8 mi
0/10
Heinz Kaiser Elementary School
Grades 3-6 • 1.1 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.1 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,068 | 1,509.941 |
| Lot Size | 53,426 | 43,037.647 |
| Price | $845.0K | $1.35M |
| Price per sq ft | $791 | $956 |
| Built year | 1963 | 1980 |
| HOA | $475.0 | $664 |
| Days on market | 20 | 64 |
Pricing History
Listed for Sale
Aug 29, 2026
$845,000
$885,000
-5% Price Drop
Initial Listing
Price Change
Aug 20, 2026
$885,000
Initial Listing
Sold
Apr 11, 2002
$243,000
Public Record
Sold
Nov 30, 2000
$193,000
Public Record