112 24th ST, Newport Beach, CA 92663

$2,665,000
3
BD
3
BA
1,100
SqFt

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Sold Price
$2,665,000
List Price
$2,795,000
Closing Date
May 21, 2025
Status
CLOSED
MLS#
NP25058160
Year Built
1913
Bedrooms
3
Bathrooms
3
Living Sq. Ft
1,100
Lot Size
2,375
Acres
0.05
Lot Location
0-1 Unit/Acre
Days on Market
46
Property Type
Single Family Residential
Property Sub Type
Single Family Residence
Stories
One Level
Neighborhood
Balboa Peninsula (Residential) (Balp)

Property Description

Lowest priced single-family home on the ocean side of Balboa Blvd with R2 Zoning - Opportunity to build up to 2 condos or 3 rental units! Vacationers, investors, developers, and dreamers, take note! This zoning (unique to this side of the street) allows for building 2 condos for resale (live in one and sell the other), or a duplex plus the possibility of an ADU on this 2,375 sqft lot. Enjoy living or vacationing in this well-maintained, beach-charming single-family home located just five homes from the sand while developing plans to add another unit above your existing home or build a brand-new single-family home or multiple units. This property is situated on the side of the street with no car parking, offering an open view of the sand and ocean from the kitchen, living area and front patio. It features 3 bedrooms, 3 full bathrooms, an open-concept kitchen and living space, vaulted ceilings, a 2-car garage with additional parking behind it, indoor laundry, and an outdoor shower. Ideally located adjacent to the 24th St lifeguard stand, consisting of one of the shortest walks to the ocean from the boardwalk. Own a piece of the Balboa Peninsula with a 1-minute walk to restaurants and bars, a 2-minute walk to Newport Pier, and a 2-minute drive to the grocery store. Welcome to the most opportunistic property on the Newport Beach Peninsula.

Additional Information

Appliances
Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
Pool Description
None
Fireplace Description
Living Room
Heat
Central
Cooling Description
None
View
Ocean
Patio
Front Porch, Porch
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
School District
Newport Mesa Unified
Elementary School
Newport
Middle School
Ensign
High School
Newport Harbor
Interior Features
Breakfast Bar, Breakfast Area, High Ceilings, Open Floorplan, All Bedrooms Down, Bedroom on Main Level, Main Level Primary
Attached Structure
Detached
Number Of Units Total
1

Listing courtesy of Listing Agent: Regan Beegle (Regan@TimesRealEstateCA.com) from Listing Office: Times Real Estate CA.

Listing sold by George Hanold from Times Real Estate CA

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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.