122 Agate Newport Beach, CA $ 3,195,000
122 Agate
$ 3,195,000
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122 Agate

Newport Beach, CA, 92662
$ 3,195,000
Baths1.2 Sq 3,026

Monthly Estimate*

$ 20,174

Listed by Abrams Coastal Properties
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Studio

Multi-Family Home for sale in Newport Beach, CA

for $3,195,000 with 1 full bath, 2 half baths. This 3,026 square foot home was built in 1937 on a lot size of 0.0585.

Outstanding Balboa Island Commercial and Residential Mixed-Use building, centrally located near the Ferry, Balboa Pavilion, shopping, and restaurants. At 3,026 square feet, this is one of the largest buildings on the Island on a standard 30 x 85-foot lot. The lower-level commercial space has previously been leased as a dentist's office but would be ideal for a wide variety of retail or professional uses, and may also be leased as two separate commercial spaces. Behind this space are two large office/workshop areas, a half bathroom, and laundry facilities. The upstairs unit is bright and spacious, with three bedrooms, two baths, and an abundance of built-in storage. Completing the upper level is a huge, inviting, partially covered deck, perfect for daily living, dining, and entertaining. This unit is currently leased as a residence with long-term tenants. In the rear of the property is a two-car garage, plus open spaces for one or two additional vehicles. 122 Agate is a rare and exciting offering, perfect for a homeowner, entrepreneur, or investor!

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Multi-Family Active

Price

$ 3,195,000

Bedrooms

Studio

Full Bath

1

Half Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.0585

Year Built

1937

Town/City

Newport Beach

County/Region

Orange

MLS | Web ID

NP26144548

Days on Market

2

Features
General
Sewer Sewer Tap Paid
Possession Negotiable
Zoning R1.5
Garage Spaces 2
Architectural Style Traditional
Pool Features None
Year Built 1937
Tenant Pays Cable TV Electricity Gas
View Bay
Stories Count 2
Levels Two
Property Subtype Mixed Use
Gross Income 0
Community Features Biking Curbs Fishing Park Street Lights Sidewalks Water Sports
Accessibility Safe Emergency Egress from Home
County Orange
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
New Construction false
Property Type Residential Income
Subdivision Name Balboa Island - Main Island (BALM)
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Marine to right on Park to left on Agate to 122
City Newport Beach
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 2
Number Of Units Total 2
MLS Area N9 - Lower Newport Bay - Balboa Island
Lot Size Units Square Feet
Lot Size Square Feet 2550
Carport Spaces 0
Number of Units Leased 1
Listing Terms Cash Cash to New Loan
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Current Financing None
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 26
Total Actual Rent 4100
Property Sub Type Additional Mixed Use
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Interior
Interior Amenities Balcony All Bedrooms Up
Flooring Laminate
Fireplace Features Outside
Total Stories 2
Common Walls 1 Common Wall
Fireplace Y/N true
Laundry Features Inside
Entry Level 1
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Exterior
Lot Features Walkstreet
Water Source Public
Total Parking 4
Lot Size Area 2550
Number of Buildings 1
Spa false
Building Area Total 3026
Lot Size Acres 0.0585
Road Surface Type Paved
Private Pool false
Lot Size Source Estimated
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
Road Frontage Type City Street
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* Excluded Features
List By
Abrams Coastal Properties

Broker

don@abramscoastal.com

Email

Affordability Calculator

$20,174
Per Month
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Monthly Principal & Interest
$20,174
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/22/2026$3,195,000 Listed Price

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122 Agate, Newport Beach, CA, 92662 is a Multi-Family Home for sale at $3,195,000 with 3,026 sqft and a lot size of 0.0585. 122 Agate is a studio with 1.2 baths and was built in 1937. The property's zip code is 92662 which is in Newport Beach, CA