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124 Agate Ave

Newport Beach, CA 92662 View Map $2,700,000 Schedule a Tour
Beds4
Baths4
Sq.Ft.1,546
Year1923
High | Corkett

High | Corkett

(949) 874-4724
DRE No.: 00936421

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Status: Active
Property Type:Duplex
MLS #:PW22222474
Sq. Feet:1,546
On Site:155 Days
Lot Size:2,614 Sq. Ft.
County:Orange

Listing Agent/Office

Agent:Carly Zamani
Office:Carly Zamani, Broker
Broker Phone: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.

Mortgage Calculator

$000 Monthly Payment
Loan and interest only.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
2/8/2023$2,999,998$2,700,000-10%

Community Information

Address:124 Agate Ave, Newport Beach, CA 92662
County:Orange
Zip Code:92662

School Information

School System:Newport Mesa Unified
High School:Corona Del Mar
Middle School:Horace Ensign
Elementary School:Abraham Lincoln

Architecture

Bedrooms: 4
Bathrooms: 4
Year Built:1923
Stories:2
Style:Modern
Construction Materials: Concrete, Copper Plumbing
Total Units: 1
Stories Total: 2
Roof: Flat
Foundation: Slab
Parking Features: Driveway, Off Street, Oversized, Shared Driveway, Tandem, Uncovered
Open Parking Spaces: 4.0
Parking Total: 4.0

Features / Amenities

Interior Features: Balcony, Granite Counters, Open Floorplan, QuartzCounters, Recessed Lighting, Storage, Bedroom on Main Level, Main Level Master
Appliances: 6 Burner Stove, Dishwasher, Electric Range, Disposal, Gas Range, Microwave, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Vented Exhaust Fan
Flooring: Tile, Vinyl
Laundry: Laundry Closet, Laundry Room, Stacked
Exterior Features: Lighting, Rain Gutters
Accessibility Features: No Stairs, Parking, Accessible Doors
Patio And Porch: Rear Porch
Direction Faces: Northwest
Door Features: Insulated Doors
Other Structures: Shed(s)
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Window: Blinds, Double Pane Windows, Screen(s), Tinted Windows
Common Walls: No Common Walls
Heating: Wall Furnace

Rooms

Master Bedroom
Kitchen
Family Room
Bathroom
Bedroom
Kitchen

Property Features

Lot Size: 0.06 Acres / 2,614 Sq. Ft.
Lot Features: Item01UnitAcre, Paved, Rectangular Lot, Street Level, ValueInLand
Waterfront: Across the Road from Lake/Ocean, Across the Road Water Frontage, Beach Access, Ocean Access, Ocean Side Of Highway, Seawall
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Sewer: Public Sewer
Water: Public
Electric: 220 Volts in Kitchen, Photovoltaics Seller Owned
Road Frontage: Alley, City Street
Road Surface: Alley Paved, Paved
Zoning:R2
Directions:Jamboree to Bayside Dr, Cross bridge onto island Marine Ave | Agate Ave on the street of the ferry

Tax and Financial Info

Contingency: none | Tenants in place in both units | new owner can decide how to proceed with lease agreements.
Terms: Cash, CashtoNewLoan, Conventional
Land Lease: No
Disclosures: Covenants/Restrictions Disclosure, FloodInsuranceRequired, WaterRights

Schools

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124 Agate Ave Newport Beach,  CA 92662
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124 Agate Ave Newport Beach, CA 92662
 
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Based on information from California Regional Multiple Listing Service, Inc. as of March 23, 2023. 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. IDX provided by Sierra Interactive.