114 Onyx Avenue, Newport Beach, CA 92662
- $3,262,500
- Sold Price
- $3,262,500
- List Price
- $3,695,000
- Closing Date
- Mar 31, 2025
- Status
- CLOSED
- MLS#
- NP24186562
- Year Built
- 1959
- Lot Size
- 2,614
- Acres
- 0.06
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 165
- Property Type
- Multifamily
- Property Sub Type
- Duplex
- Stories
- Three Or More Levels
- Neighborhood
- Balboa Island - Main Island (Balm)
Property Description
Check out this exciting investment opportunity located in the heart of Newport Beach's Balboa Island! This unique property is just steps to quaint Marine Avenue with its array of shops and restaurants, providing a convenient and vibrant lifestyle. Three units in total - two 3-bedrooms with 2-baths each and an upper studio with loft and rooftop access. The lower unit comes with a short-term rental permit, making it an ideal income-generating property. Enjoy breathtaking city and harbor views from the rooftop deck, perfect for entertaining or simply relaxing and taking in the scenery. Don't miss out on this rare opportunity to own a piece of Balboa Island real estate with endless potential. ONE (1) ACTIVE TRANSFERABLE SHORT TERM LODGING PERMIT (lower unit only)
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Additional Information
- Pool Description
- None
- Fireplace Description
- Living Room
- Heat
- Central
- Cooling Description
- None
- View
- Harbor
- Roof
- Composition
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Ceiling Fan(s)
- Attached Structure
- Attached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $232,000
- Operating Expense
- 76560
Listing courtesy of Listing Agent: Julia Morton (julia@juliamortonrealestate.com) from Listing Office: White Sail Realty.
Listing sold by Donald Abrams from Abrams Coastal Properties
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.