Newport Beach, CA 92662,118 Agate AVE

$1,930,000

Est. payment /mo

$1,995,000

3.3%
Est.Price: ?

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118 Agate AVE Newport Beach, CA 92662

3 Beds

4 Baths

2,309 SqFt

SOLD DATE : 07/21/2014

Key Details

Sold Price $1,930,000

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 2,309 sqft

Price per Sqft $835

Subdivision Balboa Island - Main Island (Balm)

MLS Listing ID NP14063704

Sold Date 07/21/14

Bedrooms 3

Full Baths 2

Three Quarter Bath 2

HOA Y/N No

Year Built 1978

Lot Size 2,613 Sqft

Property Description

SERENE MIXED-USE BUILDING STEPS FROM FERRY AND SOUTH BAYFRONT! The first level has two highly desirable professional offices or stores with separate entrances, a deluxe 3/4 bath, and 5-car cover parking. The second level "Sea Glass Cottage" has its own private entry and consists of: Three model-perfect bedrooms, 2.75 baths (two newly re-tiled with beautiful Oceanside Glass), a large living room with fireplace, dining area, remodeled modern kitchen with eating bar, separate parlor/den, and balcony with Bay view. Nearly all rooms have high vaulted ceilings, flooring of wood or marble, and there is long wrap-around deck encircling the upper level. Cottage vacation rental rates would be about $3000 per week in summer/$1600 off season; office rents per unit would be $1500-$2000 per month. 118 Agate offers a great live/work environment, investment property, or Bay-view residence with income!

Location

State CA

County Orange

Area N9 - Lower Newport Bay - Balboa Island

Zoning MU-W2

Interior

Interior Features Breakfast Bar, All Bedrooms Up

Heating Central

Cooling None

Flooring Bamboo, Stone, Wood

Fireplaces Type Living Room

Fireplace Yes

Laundry In Carport

Exterior

Parking Features Covered

Carport Spaces 5

Pool None

Community Features Street Lights, Park

View Y/N Yes

View Bay

Porch Deck

Total Parking Spaces 5

Private Pool No

Building

Lot Description Near Park

Story Two

Entry Level Two

Sewer Sewer Tap Paid

Water Public

Architectural Style Cape Cod, Cottage

Level or Stories Two

Schools

School District Newport Mesa Unified

Others

Senior Community No

Tax ID 05005223

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Donald Abrams • Abrams Coastal Properties
Bought with Patricia Manners • Patricia Manners, Broker

Chris Robertson

Broker Associate | License ID: 01727638

+1(949) 777-5607

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