$4,000,000
For Sale

114 Onyx Avenue

Newport Beach, CA 92662
0.06 acres | #NP24186562
Listing OfficeWhite Sail Realty

Open Houses

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Type:Multi-Family
Structure:2 Family
Zone:Residential

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.

  • Property Details
      • SubdivisionBalboa Island - Main Island (BALM)
      • Lot DescriptionZeroToOneUnitAcre
      • Property TypeMulti-Family
      • InteriorCeilingFans
      • Sewer InformationPublicSewer
      • Original List Price$4,000,000
      • MLS #NP24186562
      • MLS #NP24186562
      • Cost4000000
      • ViewHarbor
      • Utility SourcePublic
      • CountyOrange
      • Property SubtypeDuplex
      • Acres0.06
      • Year Built1959
      • Stories3

Location

sawhneyhomesReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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