124 Pearl Avenue Newport Beach, CA $ 3,280,000
124 Pearl Avenue
$ 3,280,000
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124 Pearl Avenue

Newport Beach, CA, 92662
$ 3,280,000
Bedrooms4 Baths3.0 Sq 2,060

Monthly Estimate*

$ 22,912

Listed by Compass
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Multi-Family Home for sale in Newport Beach, CA

for $3,280,000 with 4 bedrooms and 3 full baths. This 2,060 square foot home was built in 1944 on a lot size of 0.0585.

Charming duplex on the beautifully tree-lined One Hundred block of Pearl Ave on the quiet-end of Balboa Island. The upper unit is a renovated 2bed/2 bath featuring luxury vinyl plank flooring throughout, an elevator, and a large front balcony with an awning for those sunny summer afternoons. The well-appointed kitchen has stainless steel appliances and opens to the dining room. A large family room with large windows and sliders to the balcony, complete with a fireplace allow ample room to entertain. One bathroom has a tub-shower and the other a walk-in shower. The lower unit has 2bed/1 bath, kitchen and a large living room. Both units have newer dual-pane windows and a new roof. The oversized front patio is the jewel of this property. A 2-car garage with epoxy floors, a carport and laundry complete this duplex. Ideally located near the ferry and access to local beaches, Balboa Island has so much to offer, excellent restaurants, shops, community activities and a boardwalk around the perimeter allowing breathtaking views of the bay and harbor.

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Multi-Family Pending

Price

$ 3,280,000

Bedrooms

4

Full Bath

3

Property Type

Multi-Family

Taxes

$ 0

Style

Duplex

Lot Size

0.0585

Year Built

1944

Town/City

Newport Beach

County/Region

Orange

MLS | Web ID

NP24040798

Days on Market

80

Features
General
Interior Features Balcony CrownMolding Elevator OpenFloorplan QuartzCounters TrackLighting
Sewer PublicSewer
Heating Central
Cooling None
Utilities ElectricityConnected NaturalGasConnected SewerConnected WaterConnected
Appliances Dishwasher GasRange Microwave Refrigerator
HOA 0.0
Garage Spaces 2.0
Patio/Porch Features Brick Open Patio Porch Terrace
Pool Features None
Exclusions Some potted plants
Year Built 1944
View Neighborhood
Stories 1
Levels One
Property SubType Duplex
Community Features Curbs StormDrains StreetLights Sidewalks Park
Accessibility AccessibleElevatorInstalled
County Orange
New Construction N
Property Type Residential
HOA / Comm Assn N
Attached Garage Y
Subdivision Name Balboa Island - Main Island (BALM)
Garage Y/N Y
Special Listing Conditions Trust
Status Pending
Directions Marine Ave Right on Park Ave Left on Garnet Ave Left on S Bayfront Alley Left on Pearl Ave.
City Newport Beach
Entry Location Front
View Y/N Y
Senior Community Y/N N
High School District Newport Mesa Unified
Total Units 2
MLS Area N9 - Lower Newport Bay - Balboa Island
Lot Size Square Feet 2550.0
Private Pool N
Waterfront Y/N N
Carport Spaces 1.0
Carport Y/N Y
Street Name Pearl
Listing Terms Cash CashtoNewLoan Conventional Submit
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 65
Structure Type Duplex
Standard Status Pending
Occupancy Type Owner
Year Built Source PublicRecords
Tax Lot 22
Property Sub Type Additional Duplex
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Exterior
Parking Features AttachedCarport DoorSingle Garage
Lot Features Item01UnitAcre NearPark
Water Source Private
Total Parking 3.0
Lot Size Area 2550.0
Spa N
Lot Size Acres 0.0585
Lot Size Units SquareFeet
Lot Size Source PublicRecords
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Fireplace Features LivingRoom
Total Stories 1
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N Y
Full Baths 1
Half Baths 0
1/4 Baths 0
3/4 Baths 2
Street Suffix Avenue
Laundry Features InGarage
Total Bedrooms 4
Entry Level 1
Electric On Property Y/N N
Main Level Bedrooms 2
Main Level Bathrooms 1
Total Baths 3
Living Area Units SquareFeet
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Internal Only
Street Number 1 124
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* Excluded Features
List By
Compass

Broker

(949) 438-4340

Phone

Affordability Calculator

$22,912
Per Month
100%
0%
0%
Monthly Principal & Interest
$22,912
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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
270317 Elementary School
272263 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/28/2024$3,280,000 Listed Price

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124 Pearl Avenue, Newport Beach, CA, 92662 is a Multi-Family Home for sale at $3,280,000 with 2,060 sqft and a lot size of 0.0585. 124 Pearl Avenue has 4 bedrooms, 3.0 baths, and was built in 1944. The property's zip code is 92662 which is in Newport Beach, CA