MLS# NP25058160 – 112 24th St, Newport Beach, CA 92663

Price: $2,795,000
Beds: 3
Baths: 3
Living Area SqFt: 1,100
Status: Contingent
Property Type: Detached
Lot Size Acres: 0.05
Lot Size SqFt: 2,375
Year Built: 1913
Neighborhood: Balboa Peninsula
Days on Website: 47

Courtesy of Times Real Estate CA

Property Description

Lowest priced single-family home on the ocean side of Balboa Blvd with R2 Zoning – Opportunity to build up to 2 condos or 3 rental units! Vacationers, investors, developers, and dreamers, take note! This zoning (unique to this side of the street) allows for building 2 condos for resale (live in one and sell the other), or a duplex plus the possibility of an ADU on this 2,375 sqft lot. Enjoy living or vacationing in this well-maintained, beach-charming single-family home located just five homes from the sand while developing plans to add another unit above your existing home or build a brand-new single-family home or multiple units. This property is situated on the side of the street with no car parking, offering an open view of the sand and ocean from the kitchen, living area and front patio. It features 3 bedrooms, 3 full bathrooms, an open-concept kitchen and living space, vaulted ceilings, a 2-car garage with additional parking behind it, indoor laundry, and an outdoor shower. Ideally located adjacent to the 24th St lifeguard stand, consisting of one of the shortest walks to the ocean from the boardwalk. Own a piece of the Balboa Peninsula with a 1-minute walk to restaurants and bars, a 2-minute walk to Newport Pier, and a 2-minute drive to the grocery store. Welcome to the most opportunistic property on the Newport Beach Peninsula.

Open House

 
FRI 9 May
 
SAT 10 May
 
SUN 11 May

Property Details and Features

  • Bathrooms
  • 3 full bathrooms
  • 3 total bathrooms
  • Bedrooms
  • 3 bedrooms
  • 3 total bedrooms
  • Building
  • 1,100 estimated square feet
  • Source: Assessor Record
  • Built in 1913
  • 1 story
  • Porch
  • 1 story
  • Floors
  • Tile
  • Wood
  • Water Features
  • Public
  • Heating
  • Forced Air Unit
  • Laundry
  • Inside
  • Listing
  • Source: SDMLS
  • For Sale
  • 49 days on market
  • Listed on 2025-03-19
  • Location
  • County: Orange
  • Lot
  • Approximately 2,375 square feet
  • 1-3,999 SF
  • Approximately 0 acres
  • Garage
  • 2 garage parking spaces
  • Direct Garage Access
  • Garage – Two Door
  • Parking
  • 2 total parking spaces
  • Property
  • Ocean
  • Sewer
  • Public Sewer

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marc lyman

About Marc Lyman

Marc Lyman delivers results with a proven track record in San Diego real estate. Marc leverages more than a decade of expertise in San Diego's dynamic real estate market. Known for his innovative marketing strategies, unwavering integrity, exemplary communication, and tenacious commitment to client satisfaction, Marc orchestrates smooth and seamless transactions while always prioritizing your best interests. With sharp negotiation skills, a deep understanding of San Diego’s neighborhoods, and a strategic, client-focused approach, Marc is dedicated to providing conscientious counsel and maximizing your real estate success. Whether you're buying or selling a home in San Diego, connect with Marc today and experience the expertise that leads to successful real estate results.

4529 Orchard ave

MLS# NP25058160 – 112 24th St, Newport Beach, CA 92663