Newport Beach CA Multi Family for Sale
$4,000,000
114 Onyx Avenue Newport Beach, CA 92662
- Type:
- Duplex
- Sq.Ft.:
- 2,596
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.06 Acres
- Year built:
- 1959
- Baths:
- MLS#:
- NP24186562
- Subdivision:
- Balboa Island - Main Island (BALM)
ADDITIONAL INFORMATION
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.
Newport Beach Real Estate
The median home value in Newport Beach, CA is $2,684,200. This is higher than the county median home value of $1,008,200. The national median home value is $338,100. The average price of homes sold in Newport Beach, CA is $2,684,200. Approximately 45.27% of Newport Beach homes are owned, compared to 39.14% rented, while 15.59% are vacant. Newport Beach real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Newport Beach real estate agent to arrange a tour today!
Newport Beach, California 92662 has a population of 85,806. Newport Beach 92662 is less family-centric than the surrounding county with 24.51% of the households containing married families with children. The county average for households married with children is 34.78%.
The median household income in Newport Beach, California 92662 is $142,463. The median household income for the surrounding county is $100,485 compared to the national median of $69,021. The median age of people living in Newport Beach 92662 is 48.2 years.
Newport Beach Weather
The average high temperature in July is 78 degrees, with an average low temperature in January of 47.3 degrees. The average rainfall is approximately 12.4 inches per year, with 0 inches of snow per year.