124 Agate Avenue
Newport Beach, CA 92662

  • 4 beds
  • 4 baths
  • 1,600 sqft
  • 2,614 sqft lot
  • $1,218 per sqft
  • 1923 build
  • on site

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Conveniently located just steps from the ferryboat to the fun zone on Balboa Island, this stunning property boasts two separate dwellings, both of which have been taken down to the studs & rebuilt to the highest quality standards. Exterior has been updated with a beautiful rock & smooth stucco finish overlooking the privately owned parking area that can fit up to 6 cars (off street) & 1 car off the alley in the back! Rare to find a property on the island with this much parking! Owned (not leased) solar panels on the rooftop minimizes electric bills & adds tremendous value. Permits pulled, all new sewer, electrical & water lines. Income potential....live in either space & use the other for extended family, a rental or rent out both units. Both units are 2 bedroom/2 baths with open floorplans and have brand new doors, windows, tankless water heaters & wood style ceramic tile flooring throughout. Kitchens are open & spacious, complete with quartz counters, stylish backsplash, new stainless steel appliances & fixtures, brushed nickel hardware, custom lighting fixtures, recessed lighting and new custom cabinetry. All bathrooms have been updated with top of the line modern finishes including floating vanities & showers with feature wall & seamless glass closure. Laundry room for both units complete with washer and dryer that is included in the sale. Year-round enjoyment of Balboa Island living. Don't miss this one!

California Regional MLS logo Listed By CRMLS_CA / Kirby Ellis / Realty National, Inc

Last checked: Checking… • Last updated Apr 30, 2024 •

MLS# OC17203056 —

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Sale history

Date Event Source Price % Change
5/1/23
CRMLS_CA $2,475,000 -8.3%
4/16/23
CRMLS_CA $2,700,000
2/8/23
CRMLS_CA $2,700,000 -10.0%

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Multifamily Sold on 10/16/2018

$1,950,000

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Listing provided by broker:

Kirby Ellis

Realty National, Inc

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California Regional MLS logo Listing Courtesy of: CRMLS_CA and Realty National, Inc. Based on information from California Regional Multiple Listing Service, Inc. as of 23:20 on May 05.

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