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
Property Features
Property Information:
Year Built: 1959
Stories: 3
Listing Office:
Office Name: White Sail Realty
Office Phone: (949) 933-2906
Listing Agent: Julia Morton
Interior Features
Interior Information:
Flooring Type: Carpet, Tile
Interior: Ceiling Fan(s)
Fireplace: Living Room
Exterior Features
Exterior Information:
Private Pool: No
View: Harbor
Parking Information:
Parking: Carport
Lot Features
Lot Information:
Lot Size: 0.06 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: None
Other
Directions Information:
Directions: Marine Ave turn right on Park.
Price Information
Listing Price Info
Price Summary:
List Price: $4,000,000
Tax Information:
Annual Amount: $2,774
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Newport Beach, CA.
This property is $500K more than the Median Sold Price in Newport Beach, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #NP24186562
Listing Office:
Office Name: White Sail Realty
Office Phone: (949) 933-2906
Listing Agent: Julia Morton
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 1:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$2,774
$199,343
2020
$2,745
$197,299
2019
$2,652
$193,431
2018
$2,653
$189,639
2017
$2,681
$185,921
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Harbor View Elementary School
900 Goldenrod Ave
Distance between this listing and this school1.21 miles
Public District Grades KG-6
8
/10
Newport Elementary School
1327 W Balboa Blvd
Distance between this listing and this school1.63 miles
Public District Grades KG-6
8
/10
Lincoln Elementary School
3101 Pacific View Dr
Distance between this listing and this school1.73 miles
Public District Grades KG-6
Nearby Schools
8
/10
Ensign Intermediate School
2000 Cliff Dr
Distance between this listing and this school1.81 miles
Public District Grades 7-8
9
/10
Vista Verde K - 8 School
6 Federation Way
Distance between this listing and this school4.00 miles
Public District Grades KG-8
7
/10
Isaac L. Sowers Middle School
9300 Indianapolis Ave
Distance between this listing and this school5.95 miles
Public District Grades 6-8
Nearby Schools
7
/10
Newport Harbor High School
600 Irvine Ave
Distance between this listing and this school1.81 miles
Public District Grades 9-12
8
/10
Corona Del Mar Middle and High School
2101 Eastbluff Dr
Distance between this listing and this school2.12 miles
Public District Grades 7-12
10
/10
Early College High School
2990 Mesa Verde Dr E
Distance between this listing and this school3.35 miles
The neighbors living near this home have an average income of $97,018. The most common annual income of people living in Newport Beach, CA is between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
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This home is located at 114 Onyx Ave in Newport Beach, CA and zip code 92662 in the Balboa Island neighborhood. This home, which was built in 1959, sits on a 0.06 acre lot. It has been listed on Rocket Homes since September 13, 2024 and is currently priced at $4,000,000.
In November 2024, from all listings sold in Newport Beach, CA there were more than 9 sold above asking price, over 48 sold below and more than 14 were sold right at the asked price. The inventory of homes for sale in Newport Beach, CA between October 2024 and November 2024 decreased by 2.5%. In November 2024 median list price was $3,500,000 and the average listing age was 43 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
PGA/LPGA
PGA/LPGA
Men's Tennis
Hiking/backpacking
Chico's
Bloomingdales
Nordstrom Rack
Bonefish Grill
Chipotle
Dominos Pizza
Cadillac
Lexus
Mazda
Classical
News
Rock