124 Agate Avenue, Newport Beach, CA 92662

About this duplex

The Balboa Island opportunity you have been waiting for is here! Located on a lot zoned for commercial/residential, this modern duplex sits on only half the lot. SO much potential! Each level has two bedrooms and two full bathrooms with quartz countertops and double sinks, step in showers, upgraded doors, modern finishes and all appliances included. The upstairs unit has a small private balcony off the kitchen. This duplex has energy efficient lighting, plumbing, two tankless hot water heaters, two ring doorbells, owned solar panels and off street parking. There is also an adjacent parking spot behind the duplex, off the alley. Both units share an on-site washer & dyer and there is a shed and under-stairs storage for bikes, beach gear and surfboards. It would make a wonderful (and lucrative) rental property or perfect spot to live and build your own business for the residents of this little island community. Balboa Island hosts parades, festivals, garage sales, parties and community events year round. Your new home is located six units from the sand and on the street of the ferry for convenient access. Come live where others vacation or get paid when they do! Welcome Home Indeed.

Listing description from the May 2023 sale, as reported to CRMLS.

Sale history

$2,475,000

Sold May 2023 · listed $2,700,000, orig. $2,999,998, on market October 2022 · MLS #PW22222474 · Source: CRMLS

Listing Agent: Carly Zamani · Listing Office: Carly Zamani, Broker · Contact: 949-232-8211 · Bought with: Richie Dobbs · Re/Max First Class

$1,950,000

Sold October 2018 · listed $2,090,000, orig. $2,298,000, on market September 2017 · MLS #OC17203056 · Source: CRMLS

Listing Agent: Kirby Ellis · Listing Office: Realty National, Inc · Contact: 858-309-4340 · Bought with: Carly Ward · McMonigle Group Corp.

$1,200,000

Sold August 2016 · listed $1,500,000, on market October 2015 · MLS #NP15226404 · Source: CRMLS

Listing Agent: Goly Van Orden · Listing Office: Lora Vance, Realtor · Contact: 949-673-4062 · Bought with: Ryan Clancy · Ryan Clancy, Broker

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