116 Agate Avenue, Newport Beach, CA 92662

About this property

WONDERFUL REMODELED BALBOA ISLAND MIXED-USE RESIDENTIAL & COMMERCIAL DUPLEX WITH PARK & BAY VIEWS! Beautifully renovated in 2013, the front cottage offers a sunny and bright living/dining room with beadboard walls, refurbished oak floors, bay window with Bay and Park views, charming tiled kitchen, and two bedrooms + new bath. The front cottage also includes a 2-car epoxy floored garage, separate laundry area and commercial space or storage unit on the first level. The rear cottage offers hardwood floors throughout, cozy living room, galley kitchen, 1 bedroom and bath plus large patio. Additional circa 2013 upgrades in all units include NEW: exterior paint, composition roof, double pane windows, stoves, electrical breaker box & conduits, tiled showers & toilets, copper water piping and sewer lines. Current Monthly Rental Income: Front Upper Cottage: $2850; Rear Cottage: $2150; Lower Commercial Space: $1050; Total Rent: $6050 per month.

Listing description from the July 2018 sale, as reported to CRMLS.

Sale history

$1,860,000

Sold July 2018 · listed $1,895,000, on market June 2018 · MLS #NP18144543 · Source: CRMLS

Listing Agent: Donald Abrams · Listing Office: Abrams Coastal Properties · Contact: 949-675-4822 · Bought with: Donald Abrams · Abrams Coastal Properties

$1,860,000

Sold July 2018 · listed $1,895,000, on market June 2018 · MLS #NP18144547 · Source: CRMLS

Listing Agent: Donald Abrams · Listing Office: Abrams Coastal Properties · Contact: 949-675-4822 · Bought with: Donald Abrams · Abrams Coastal Properties

$950,000

Sold December 2012 · listed $1,050,000, orig. $1,200,000, on market July 2011 · MLS #U11003364 · Source: CRMLS

Listing Agent: Jake Klohs · Listing Office: Hom Real Estate Group · Contact: 949-723-1363 · Bought with: Jerry Barbanell · Re/Max Signature Services

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