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114 Onyx Ave, Newport Beach, CA 92662
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114 Onyx Ave Newport Beach, CA 92662

$4,000,000
  • 7 Beds
  • 3.75 Baths
  • 2,596 Sq.Ft.
For Sale
$4,000,000 Get Pre-Qualified
Map preview of 114 Onyx Ave, Newport Beach, CA 92662

Property Overview: 114 Onyx Ave Newport Beach, CA has 7 bedrooms, 3.75 bathrooms, 2,596 living square feet and 2,614 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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 1-bedroom unit with deck. 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.

Listed by Julia Morton | BRE #02016387 | White Sail Realty
Co-listed by Orlando Clarizio | BRE #01944646 | White Sail Realty
Last checked: 14 minutes ago | Last updated: September 18th, 2024 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft
2,614
HOA Dues
$0/mo
Year built
1959
Garage
--
Property Type:
Triplex
Status
Active
MLS#
NP24186562
City
Newport Beach
County
Orange
Time on Site
5 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 0
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Furnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $183,875
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $66,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $36,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $285,875
  • Net Operating Income: $214,406
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $71,469
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $60,000
  • Trash: $0
  • Gardener: $100
  • Insurance: $10,000
  • Water/Sewer: $1,500

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Property Details for 114 Onyx Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • In Carport
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Carpet, Tile
Interior Features
  • Ceiling Fan(s)
  • Levels: Three Or More
Exterior Features
Exterior Information
  • Roof: Composition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Carport
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Harbor
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 05017226
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
  • Offered With Property: appliances
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Island - Main Island (BALM)
  • Directions: Marine Ave turn right on Park.
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Newport Beach Agent

Sale History for 114 Onyx Ave

Last sold on December 14th, 2017

  • September, 2024

  • Sep 13, 2024

    Date

    Active

    CRMLS: NP24186562

    $4,000,000

    Price

  • December, 2017

  • Dec 14, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • June, 1999

  • Jun 7, 1999

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 114 Onyx Ave

Assessed Value (2020): $193,238
Year Land Value Improved Value Assessed Value
2020 $112,078 $81,160 $193,238

Home Value Compared to the Market

This property vs the competition

114 Onyx Ave is listed 4.76% lower than the median list price for the city of Newport Beach which has a median list price of $4,200,000. The median price per/sqft for Newport Beach is $1,512 and this home is listed at $1540.83 per/sqft which puts the price per square foot 1.91% higher than the median price per square foot for the city of Newport Beach.

About 114 Onyx Ave

Detailed summary of property

114 Onyx Ave is a triplex located in Newport Beach, CA 92662 and is currently for sale. This triplex offers 7 bedrooms, 3.75 bathrooms, roughly 2,596 living square feet, and sits on an approximately 2,614 square foot lot. 114 Onyx Ave was first listed on ArdentRealEstateGroup.com on September 13, 2024. The homeowner is currently asking $4,000,000. The median priced home in Newport Beach is $4,200,000 with a median price per square foot of $1,512. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is listed 4.76% lower than the median priced home. Local competing homes currently for sale include 1809 W Bay Ave, 507 29th St and 410 Clubhouse Ave. While the average home in Newport Beach, CA is selling in 93 days, 114 Onyx Ave has a days on market of 5 days. There are currently 272 homes for sale in the Newport Beach real estate market and 201 of them are single family homes while 56 of them are condos and 15 are townhomes. For more information on this home for sale at 114 Onyx Ave Newport Beach, CA 92662 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 114 Onyx Ave

Public county record property details
Beds
--
Baths
--
Year built
1959
Sq. Ft.
1,758
Lot Size
2,443
Stories
2
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
23
APN
050-172-26

The source for these homes facts are from public records.

92662 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$4,800,000
Median List Price/Sq.Ft.
$2,329
Median Sold Price
$4,937,500
Median Sold Price/Sq.Ft.
$2,163
Total Inventory
17
Median Sale to List Price %
89.85%
Avg Days on Market
61
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (66.67%), Other (33.33%)

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(714) 706-1823

Homes for Sale Near 114 Onyx Ave

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Recently Sold Homes Near 114 Onyx Ave

117 Marine Ave, Newport Beach, CA 92662
$3,600,000 Last Sold Price
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0 Baths
2279 Sq.Ft.
117 Marine Ave
Newport Beach, CA 92662
119 Marine Ave, Newport Beach, CA 92662
$1,740,000 Last Sold Price
4 Beds
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119 Marine Ave
Newport Beach, CA 92662
121 Marine Ave, Newport Beach, CA 92662
$2,560,000 Last Sold Price
4 Beds
2 Baths
1633 Sq.Ft.
121 Marine Ave
Newport Beach, CA 92662
125 Onyx Ave, Newport Beach, CA 92662
$2,475,000 Last Sold Price
6 Beds
6 Baths
2614 Sq.Ft.
125 Onyx Ave
Newport Beach, CA 92662

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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