List Search

104 Onyx Ave
Newport Beach, CA 92662 Balboa Island

$3,699,000 USD

Specialty For Sale  •  904 SF

Property Details

  • Property Type Specialty
  • Total Building Size 904 SF
  • Lot Size 0.02 AC
  • Building Class C
  • Year Built 1924
  • Cap Rate 3.72 %
  • Zoning R-BI
20 Transit Score
50 Walk Score

Highlights

Fully remodeled duplex featuring high-end finishes and updated interiors.
Includes a hard-to-secure, transferable Newport Beach STR permit for strong rental revenue.
Steps from Marine Avenue shops, dining, and top waterfront attractions on Balboa Island.
Expansive windows frame scenic bay views, enhancing guest experience and appeal.
Outdoor patio with lush landscaping provides an inviting space for relaxation or entertaining.
Proven track record as a successful short-term rental in one of Southern California’s most desired locations.

Financial Summary (Proforma)

Net Operating Income: $137,500 USD (2026)
Cap Rate: 3.72 %
Total Expenses: $67,500 USD

Amenities

  • Waterfront
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Tustin (Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 15 min - 9.3 mi
AirportDriveWalkDistance
John Wayne/Orange County 12 min - 6.7 mi
Long Beach (Daugherty Field) 34 min - 26.9 mi
Lucas Coronel 760-831-2008 Hacienda Agency Inc
Lucas Coronel 760-831-2008 Hacienda Agency Inc