104 Onyx AVE Newport Beach, CA 92662
UPDATED:
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
Construction Status Updated/Remodeled,Turnkey
HOA Y/N No
Year Built 2001
Property Sub-Type Single Family Residence
Property Description
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
Rooms
Main Level Bedrooms 1
Interior
Interior Features Beamed Ceilings, Built-in Features, Breakfast Area, Ceiling Fan(s), Furnished, Recessed Lighting, Main Level Primary, Walk-In Closet(s)
Heating Baseboard
Cooling None
Flooring Wood
Fireplaces Type None
Fireplace No
Appliance Built-In Range, Convection Oven, Dishwasher, Freezer, Disposal, Microwave, Refrigerator, Tankless Water Heater, Dryer, Washer
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
Accessibility Grab Bars
Porch Deck, Open, Patio
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Dwelling Type House
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Cottage
Level or Stories Two
New Construction No
Construction Status Updated/Remodeled,Turnkey
Schools
Elementary Schools Abraham Lincoln
Middle Schools Corona Del Mar
High Schools Corona Del Mar
School District Newport Mesa Unified
Others
Senior Community No
Tax ID 05017210
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
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