507 E Bay Ave, Newport Beach, CA 92661 Property Records

Orange County property record for 507 E Bay Ave, Newport Beach, CA 92661

Property Summary

Property Type	Multi-Family Dwellings
Lot Size	0.052 acres (2,249 sqft)
Owner	Company Name on File
Last Sale	$1,685,000 (Aug 2018)
Tax Bill	$20,277 (2025)
Deeds & Mortgages	Sep 2021 Mortgage Aug 2018 Sale & Mortgage
Flood Zone	Zone X (moderate risk)
APN	`048-115-16`

Property Details

APN / Parcel Number

Primary APN	`048-115-16`
Alternative APN	`04811503`

Exterior

Architectural Style	Multi-Family
Lot Area	2,249 sqft (0.052 acres)

Location & Zoning

Street Address	507 E BAY AVE
City	NEWPORT BEACH
State	CA
Zip	92661-1263
Property Category	Residential
Property Type	Residential > Multi-Unit > Multi-Family Dwellings
Legal Description	A TR BALBOA TR BLK 5 LOT 4
Legal Subdivision	BALBOA TRACT
Legal Tract	104
Legal Block	5
Legal Lot Number	4
Jurisdiction	ORANGE CA
Township / Civil Division	CENTRAL COAST
Census Block Group	3
Census Block	3016
Census Tract	62800

Owner

507 E Bay Ave, a residential property, is owned by a company that bought it in August 2018.

Source: Orange County records, as of August 4, 2026

Owner of Record	Company Name on File
Mailing Address	507 E BAY AVE, NEWPORT BEACH, CA 92661-1263
Owner Type	Company
Vesting	Limited Liability Company

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Sep 1, 2021	Deed of Trust, Mortgage · Conventional Mortgage FIRST REPUBLIC BANK
Aug 14, 2018	Grant Deed, Transfer · ARM FIRST REPUBLIC BANK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Aug 14, 2018 · Amount on File
Deed Sale	Aug 14, 2018 · Amount on File
Prior Sale	Feb 19, 2004 · Amount on File
Deed Document Number	2018296988
Prior Transfer Date	Sep 21, 2004
Prior Transfer Doc	0000859887
Record Updated	Oct 29, 2026

September 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	ORANGE CA
Property Address	507 E BAY AVE, NEWPORT BEACH, CA 92661-1263
Transaction Type	Mortgage
Record Updated	Sep 14, 2021
Title Company	FIDELITY NATIONAL TITLE, FIDELITY NATL TTL ORANGE CNT

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1206 SAND KY, CORONA DEL MAR, CA 92625-1620

Mortgage

Document Number	0000549865
Date	Sep 1, 2021
Instrument	2021000549865

Lender

Name	FIRST REPUBLIC BANK
Type	Bank
Address	SAN FRANCISCO, CA 94111

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	360 Months
Due	Sep 1, 2051

Interest

Rate Type	Adjustable Rate
Rate	3.4%
Type Change Date	Sep 1, 2028
Change Frequency	Annually
Min Rate At Change	2.95%
Max Rate At Change	1.09%
Index	1-Year CMT
Max Rate	1.09%

August 2018: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	ORANGE CA
Recording Date	Aug 14, 2018
Property Address	507 E BAY AVE, NEWPORT BEACH, CA 92661-1263
Document Number	0000296988
Map Reference	MB4 PG11
Instrument Date	Aug 1, 2018
Instrument	2018000296988
Transaction Type	Transfer
Record Updated	Sep 14, 2021
Title Company	NORTH AMERICAN TITLE CO

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	00000

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	PO BOX 8027, NEWPORT BEACH, CA 92658-8027

Mortgage

Document Number	0000296989
Date	Aug 14, 2018
Instrument	2018000296989

Lender

Name	FIRST REPUBLIC BANK
Type	Bank

Agreement

Type	ARM
Amount	Amount on Record
Term	361 Months
Due	Sep 1, 2048

Interest

Rate Type	Adjustable Rate
Rate	4.7%
Type Change Date	Sep 1, 2025
Change Frequency	Annually
Min Rate At Change	2.65%
Index	1-Year LIBOR
Max Rate	10.9%

Tax Assessment & Valuation

The 2025 property tax bill for 507 E Bay Ave was $20,277, up 1.6% from the year before.

Source: Orange County assessment roll, as of August 4, 2026

Property Jurisdictions

Type	Name
State	California
County	Orange County
Municipality	Newport Beach City
Unified School District	Newport-Mesa Unified School District (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value
2026		$1,917,239 (+2%) Land $1,585,058 Building $332,181
2025	$20,277.00 (+1.61%)	$1,879,647 Land $1,553,979 Building $325,668
2024	$19,955.00 (+2.41%)
2023	$19,485.00 (+1.7%)	$1,806,659 Land $1,493,636 Building $313,023
2022	$19,159.00

Assessed value is set for property tax purposes and is not a market price estimate.

Flood

FEMA maps place 507 E Bay Ave in Zone X, an area of moderate flood risk, within 100 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective September 27, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X moderate risk
500-Year Floodplain	Yes 0.2% annual chance
Nearest Special Flood Hazard Area	Zone AO, within 100 ft
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on File median of 84 individual policies
Community Rating System	Class 6 (20% premium discount)
Nearby Flood Policies	144 units insured incl. 60 condo units
Nearby Flood Claims	14 (1983–2023)
Claims Outside the SFHA	11 of 14
Most Recent Claim	Mar 2023 · Severe Winter Storms, Flooding, Landslides, And Mudslides
Claims by Event	Severe Winter Storms, Flooding, And Debris And Mud Flows, Dec 2010 · 2 claims Severe Winter Storms And Flooding, Feb 1998 · 2 claims Severe Winter Storms, Flooding, Landslides, Mud Flows, Jan 1995 · 2 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

The area around 507 E Bay Ave has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CITY OF NEWPORT BEACH serves 69,520 people · EPA ID CA3010023
Water Source	Purchased surface water from several systems
Last State Inspection	Feb 2022
Lead	Under 1 ppb (2022–2024) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 820 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
AT&T Fiber · Fixed Wireless in parts of the area	5,000 / 5,000
Spectrum Cable · Fiber in parts of the area	1,000 / 1,000
Verizon Fixed Wireless	300 / 20
T-Mobile Fixed Wireless	100 / 20

May also be available: GeoLinks.

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