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Engel & Völkers Palm Desert

palmspringsdesertrealestate@gmail.com +1(909) 327-2223

$ 4,000,000

Est. payment -/mo

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Open Sat 12PM-3PM

114 Onyx AVE Newport Beach, CA 92662

2,613 Sqft Lot

OPEN HOUSE

Sat Dec 07, 12:00pm - 3:00pm

UPDATED:

12/02/2024 01:19 AM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Balboa Island - Main Island (Balm)

MLS Listing ID NP24186562

HOA Y/N No

Year Built 1959

Lot Size 2,613 Sqft

Property Description

ONE (1) ACTIVE TRANSFERABLE SHORT TERM LODGING PERMIT (lower unit) - Introducing an 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 (3) units in total - two (2) 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.

Location

State CA

County Orange

Area N9 - Lower Newport Bay - Balboa Island

Interior

Interior Features Ceiling Fan(s)

Heating Central

Cooling None

Flooring Carpet, Tile

Fireplaces Type Living Room

Inclusions appliances

Fireplace Yes

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 3

Entry Level Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 05017226

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Trust

Listed by Julia Morton • White Sail Realty • 949-933-2906

Engel & Völkers Palm Desert

Broker | License ID: d24350

+1(909) 327-2223

Engel & Völkers Palm Desert

114 Onyx AVE Newport Beach, CA 92662

OPEN HOUSE

Key Details

Location

Interior

Exterior

Building

Others

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114 Onyx AVE