Listed by Carly Zamani, Carly Zamani, Broker,

124 Agate Avenue

Newport Beach, CA, 92662

$2,999,998

$1,940 per ft²
$2,999,998
$1,940 per ft²
Active Under Contract
Active Under Contract
 - For Sale
beds
4 Beds
baths
4 Baths
carpenters-square
1,546 ft²
property_type
Multi-family
calendar
Built 1923
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.
MLS® ID:
PW22222474
Listed:
10/18/22
Updated:
2/6/23

Interior Features

Kitchen Appliances
6 Burner Stove, Dishwasher, Electric Range, Disposal, Gas Range, Microwave, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Vented Exhaust Fan
Total Bedrooms
4
Full Bathrooms
4
Interior Features
Balcony, Granite Counters, Open Floorplan, Quartz Counters, Recessed Lighting, Storage, Bedroom on Main Level, Main Level Master
Laundry Description
Laundry Closet, Laundry Room, Stacked
Floor Description
Tile, Vinyl
Fireplace
None
Cooling
None
Heating
Wall Furnace

Exterior/Building Features

Lot Size
2,614 ft² lot
Exterior Features
Lighting, Rain Gutters, Rear Porch, Shed(s)
Architectural Style
Modern
Lot Details
0-1 Unit/Acre, Paved, Rectangular Lot, Street Level, Value In Land
Roof
Flat
Sewer
Public Sewer

School Information

School District
Newport Mesa Unified
High School
Corona Del Mar
Middle/Jr High
Horace Ensign
Elementary School
Abraham Lincoln

Other Property Details

Area Name
N9 - Lower Newport Bay - Balboa Island
Association Amenities
Biking, Curbs, Dog Park, Fishing, Gutter(s), Park, Storm Drain(s), Street Lights, Sidewalks, Water Sports, Marina
Garage
No
Parking
Driveway, Off Street, Oversized, Shared Driveway, Tandem, Uncovered
Parking Total
4.0
View
Y
County
Orange
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water Source
Public
Pool
No
Pool Description
None
Total Stories
2
Zoning
R2
Buyer Agency Compensation
2.000

Property History

Date
Event
Price
Value
1/20/23
Active Under Contract
-
-

Listed by Carly Zamani, Broker, Carly Zamani,
Listing Contact:  

Based on information from California Regional Multiple Listing Service, Inc. as of 2/6/23. 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.

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Data last updated 9:06 AM UTC, 2/6/23

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