Updated Aug 6, 2026
SOLDSingle Family Residence
Neal Hawkeye Purchases Newport Beach Single Family Home From Tony Randolph For $9.25M
218 East Ocean Front
$9,250,000
$3,490/SF
Building Size
2,650 SF
Asset Type
Single Family Residence
Closing
Jul 31, 2026
About this deal
AI
A single-family property located at 218 East Ocean Front in Newport Beach was sold. The transaction was finalized for a price of $9,250,000. This asset boasts a total square footage of 2,650, resulting in a price per square foot of $3,490.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $9,250,000
- Address: 218 East Ocean Front
- Market: Newport Beach
- Square Footage: 2,650
- Price Per Square Foot: $3,490
- Buyer: Neal Hawkeye
- Seller: Tony Randolph
- Brokers: Brad Bankenbush & Joshua (Josh) Altman - Douglas Elliman
The involved parties in this transaction include Neal Hawkeye, who acquired the property, and Tony Randolph, the seller. The brokerage services were provided by Brad Bankenbush and Joshua (Josh) Altman, both affiliated with Douglas Elliman, representing the seller in this deal.
On the Map
$9,250,000
$3,490/SF
Single Family Residence
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Players
Newport Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $3.5K per square foot on a published $9.3M for 2,650 square feet (2026).
Visit Joshua (Josh) Altman to view all their deals.
Browse Newport Beach single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.71%
Cash-on-Cash
-0.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93