$3,262,500
$3,695,000
11.7%For more information regarding the value of a property, please contact us for a free consultation.
114 Onyx AVE Newport Beach, CA 92662
7 Beds
5 Baths
2,596 SqFt
Key Details
Sold Price $3,262,500
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,596 sqft
Price per Sqft $1,256
Subdivision Balboa Island - Main Island (Balm)
MLS Listing ID NP25006168
Sold Date 03/31/25
Bedrooms 7
Three Quarter Bath 5
HOA Y/N No
Year Built 1959
Lot Size 2,613 Sqft
Property Sub-Type Duplex
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)
Location
State CA
County Orange
Area N9 - Lower Newport Bay - Balboa Island
Rooms
Main Level Bedrooms 3
Interior
Interior Features Ceiling Fan(s), Loft
Heating Central
Cooling None
Flooring Carpet, Tile
Fireplaces Type Living Room
Fireplace Yes
Appliance Dishwasher
Laundry In Carport
Exterior
Parking Features Carport
Carport Spaces 3
Pool None
Community Features Curbs
View Y/N Yes
View Harbor
Roof Type Composition
Total Parking Spaces 3
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Schools
School District Newport Mesa Unified
Others
Senior Community No
Tax ID 05017226
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Cash to New Loan
Special Listing Condition Trust
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Bought with Donald Abrams • Abrams Coastal Properties
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