104 Onyx AVE new Save Request In-Person Tour Request Virtual Tour
Newport Beach,CA 92662
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 904 sqft
Price per Sqft $4,087
Subdivision Balboa Island - Main Island (Balm)
MLS Listing ID NP25265161
Bedrooms 2
Full Baths 2
Year Built 2001
Property Sub-Type Single Family Residence
Property Description
Presenting 104 Onyx, a rare and refined offering on Balboa Island that combines luxury coastal living with impressive investment performance. This elegantly remodeled home holds a coveted short-term rental permit, a highly sought after asset in the City of Newport Beach.
Currently operating as a successful, fully turnkey vacation rental, 104 Onyx is generating income that exceeds Newport Beach's average cap rate, making it a compelling opportunity for investors seeking both lifestyle and long term value.
Perfectly positioned as the only rear home on the South Bayfront, this residence offers unobstructed sit-down harbor views from both levels, a rare feature that sets it apart. A private entrance to the upper level provides flexibility for dual living, guest accommodations, or optimized rental income.
The home has undergone a comprehensive, high end renovation with no detail overlooked. Upgrades include Wolf appliances, new countertops, wide-plank wood flooring, an upstairs kitchenette, and a striking metal roof. Outdoor living is elevated with thoughtfully designed spaces that maximize the bay views and coastal ambiance.
Located just steps from the waterfront and one block from Marine Avenue, 104 Onyx offers immediate access to Balboa Island's boutiques, dining, and amenities, all while maintaining a sense of privacy and exclusivity.
This is a rare opportunity to a special getaway and an income producing asset with proven rental performance, premium views, and a timeless design.
Location
State CA
County Orange
Area N9 - Lower Newport Bay - Balboa Island
Interior
Heating Baseboard
Cooling None
Flooring Wood
Fireplaces Type None
Exterior
Exterior Feature Lighting
Fence Excellent Condition
Pool None
Community Features Curbs,Street Lights,Sidewalks,Water Sports
Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
View Y/N Yes
View Bay,Ocean,Water
Roof Type Metal
Building
Lot Description 0-1 Unit/Acre
Dwelling Type House
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Schools
Elementary Schools Abraham Lincoln
Middle Schools Corona Del Mar
High Schools Corona Del Mar
School District Newport Mesa Unified
Others
Acceptable Financing Cash,Cash to New Loan,1031 Exchange
Listing Terms Cash,Cash to New Loan,1031 Exchange
Special Listing Condition Standard
Virtual Tour https://www.dropbox.com/scl/fi/yuswp5no2rfmaq57i9xh5/104-Onyx-Newport-Beach-CA-Unbranded-V2.mov?rlkey=f1opa6mnyxxxbou9hf9h36uvk&e=2&st=60zne0yz&dl=0