Sold

124 Agate Avenue

Newport Beach CA, 92662

$2,475,000


$1,600.91 per sqft

Sold

4 Beds

4 Baths

1,546 sqft

Multi-family

Built in 1923

Listed by Carly Zamani with Carly Zamani, Broker 949-232-8211

The Balboa Island opportunity you have been waiting for is here! Located on a lot zoned for commercial/residential, this modern duplex sits on only half the lot. SO much potential! Each level has two bedrooms and two full bathrooms with quartz countertops and double sinks, step in showers, upgraded doors, modern finishes and all appliances included. The upstairs unit has a small private balcony off the kitchen. This duplex has energy efficient lighting, plumbing, two tankless hot water heaters, two ring doorbells, owned solar panels and off street parking. There is also an adjacent parking spot behind the duplex, off the alley. Both units share an on-site washer & dyer and there is a shed and under-stairs storage for bikes, beach gear and surfboards. It would make a wonderful (and lucrative) rental property or perfect spot to live and build your own business for the residents of this little island community. Balboa Island hosts parades, festivals, garage sales, parties and community events year round. Your new home is located six units from the sand and on the street of the ferry for convenient access. Come live where others vacation or get paid when they do! Welcome Home Indeed.

PW22222474

MLS ID

October 19, 2022

Listed

March 23, 2024

Updated

Map

124 Agate Avenue
Newport Beach CA, 92662

Interior Features

Total Stories

2


Bedrooms

4 Beds


Bathrooms

4 Baths


Interior Features

Balcony, Granite Counters, Open Floorplan, Quartz Counters, Recessed Lighting, Storage, Bedroom on Main Level, Main Level Primary


Appliances

6 Burner Stove, Dishwasher, Electric Range, Disposal, Gas Range, Microwave, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Vented Exhaust Fan


Laundry Description

Laundry Closet, Laundry Room, Stacked


Floor Description

Tile, Vinyl


Fireplace

Yes


Fireplace Description

None


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.06 Acres


Exterior Features

Lighting, Rain Gutters


Lot Features

0-1 Unit/Acre, Paved, Rectangular Lot, Street Level, Value In Land


Architectual Style

Modern


Roof

Flat


Sewer

Public Sewer

School Information

School District

Newport Mesa Unified


High School

Corona Del Mar


Elementary School

Abraham Lincoln

Other Property Details

Area Name

N9 - Lower Newport Bay - Balboa Island


Days on Market

176


Garage

No


Parking

Driveway, Off Street, Oversized, Shared Driveway, Tandem, Uncovered


Parking Total

4


View

No


View Description

None


County

Orange


Water Source

Public


Pool

No


Pool Features

None


Waterfront

Yes


Zoning

R2


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

5/18/2023

Sold

$2,475,000

5/1/2023

Price Change

$2,475,000

-9%

5/1/2023

Unknown

4/17/2023

Pending

Listing Contact: 949-232-8211 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/23/2024 at 1:17 AM UTC

 

Powered byLuxury Presence