Opening page…
Closed
- Listed price
- $3,250,000
- Listed May 20, 2019
- Sold price
- $3,000,000
- Sold Oct 25, 2019
4,791.6 sqft lot|1951 Built|114 MLS days on market
1550 Miramar Dr, Newport Beach, CA 92661
Property Description
1550 Miramar Drive is a 6-unit multifamily investment opportunity located in Newport Beach, one of the premier coastal housing markets in Southern California. Situated on a 0.11-acre lot, the 3,810 square foot property consists of one- and two-bedroom units and offers amenities including patios and balconies (select units) and garage parking. The property also underwent a complete renovation in 2018 and 2019. All of the units were renovated with new carpet and laminate flooring throughout, stainless steel appliances, ceiling fans, closets, and upgraded bathrooms. The exterior of the property was renovated with new paint and a new deck. 1550 Miramar Drive is situated in the affluent Peninsula Point neighborhood of Newport Beach. Surrounded by multi-million dollar single-family residential homes, residents enjoy walkable access to world class beaches and Newport Harbor. The property is also less than one mile from the Balboa Pier and the Balboa Island Ferry providing convenient access to Balboa Island.
Listing agent: Kurt HedigerDRE #01846649khediger@marcusmillichap.com, Listing office: Marcus & Millichap RE Invest
MLS data updated 11/3/2026, 11:15:32 AM PT
Source: CRMLSMLS #: OC19118038
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$3,000,000
Oct 25, 2019
Available records22019
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 92661 · Nov 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 92661 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.