104 Onyx Avenue, Newport Beach, California 92662, Newport Beach, 92662 - 2 bed, 2 bath
Loading property details...
Newport Beach, California 92662
Analysis of 104 Onyx Avenue, Newport Beach, California 92662 is currently available with a list price of $3,699,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Newport Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
The property has undergone a comprehensive high-end renovation within the last 5 years, featuring a modern kitchen with quartz countertops, updated bathrooms, and contemporary finishes throughout. Despite the 1924 build date, the mint condition and stylish updates meet the criteria for excellent condition.
The property comes with a coveted Short Term Rental permit that is transferable to the new owner, providing a significant investment advantage in a market where these permits are notoriously difficult to obtain.
Situated just one block from Marine Avenue, this property offers an unbeatable location with immediate access to boutiques and cafes, complemented by stunning bay and Catalina Island views.
The 1924 cottage has been masterfully remodeled into a lower unit and a penthouse, featuring high-end finishes and modern elegance while successfully preserving its original coastal charm.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1050, living area = 904.
With a list price of $3,699,000 for 904 square feet, the property is priced at over $4,000 per square foot, representing a significant premium even for the luxury Newport Beach market.
The extremely compact 1,050 square foot lot and small interior footprint may feel restrictive for buyers looking for a traditional single-family residence or more outdoor privacy.
Imagine a Charming remodeled cottage nestled on Balboa Island, just steps from the serene bay of Newport Beach. This delightful 2-bedroom, 2-bath unit offers a perfect blend of coastal charm and modern elegance.Showcasing a Stylish Renovation, The cottage consist of a Lower Unit and a Penthouse, both have been thoughtfully updated with high-end finishes while retaining its quaint character. Both units display natural light flooding through beautilfully acquainted windows, showcasing stunning bay views.Redesigned for comfort, featuring ample storage and cozy decor that invites relaxation. Penthouse offers breathtaking views of the bay, making it an ideal space for entertaining or Maid Quarters! Enjoy sunsets from the bedroom, with the gentle sounds of the waves in the background.The property boasts a charming outdoor front patio, perfect for al fresco dining or morning coffee, surrounded by lush landscaping that enhances the coastal vibe.Prime Location, situated on Balboa Island just One Block West of Marine Ave; providing easy access to local boutiques, cafes, and the beach, making it a perfect retreat for those seeking a vibrant yet relaxed lifestyle. Currently operating as a successful Short Term Rental, ''STR Permit'' difficult to secure is transferable to the New Buyer! Whether you're looking for a weekend getaway or a permanent residence, this property is sure to captivate!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 2.0 | 4.0 |
| Square foot | 904 | 2,868 |
| Lot Size | 1,050 | 6,914 |
| Price | $3.70M | $4.44M |
| Price per sq ft | $4.1K | $1.6K |
| Built year | 1924 | 1970 |
| HOA | $0 | $430 |
| Days on market | 41 | 59 |
Jun 11, 2026
$3,699,000
Initial Listing
Oct 14, 2021
$2,468,500
Public Record
Oct 3, 2003
$1,015,000
Public Record