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Sold for $2,665,000
    • Listed by: Times Real Estate CA • Regan Beegle • Contact: 949-836-5480
    Bought with: Times Real Estate CA
    $2,665,000

    112 24th St, Newport Beach, CA 92663

    3beds
    1,100sqft
    Single Family Residence
    Built in 1913
    2,375 Square Feet Lot
    $3,433,500 Zestimate®
    $2,423/sqft
    $6,552 Estimated rent

    Home value

    $3,433,500

    $2.99M - $3.98M

    $6,552/mo

    Zestimate® history
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    $16,627/mo

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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Regan Beegle DRE #01736778 949-836-5480,

    Times Real Estate CA,

    George Hanold DRE #01446306,

    Times Real Estate CA

    Bought with:

    George Hanold, DRE #01446306

    Times Real Estate CA

    Source: CRMLS,MLS#: NP25058160MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 3
    • Main level bedrooms: 3
    Rooms
    • Room types: Bedroom, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
    Primary bedroom
    • Features: Main Level Primary
    Bedroom
    • Features: All Bedrooms Down
    Bedroom
    • Features: Bedroom on Main Level
    Bathroom
    • Features: Full Bath on Main Level, Separate Shower, Tub Shower
    Heating
    • Central
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
    • Laundry: Inside
    Features
    • Breakfast Bar, Breakfast Area, High Ceilings, Open Floorplan, All Bedrooms Down, Bedroom on Main Level, Main Level Primary
    • Flooring: Tile, Wood
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,100 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Door-Multi, Direct Access, Garage, Garage Faces Rear
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Patio & porch: Front Porch, Porch
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: Ocean
    • Has water view: Yes
    • Water view: Ocean
    Lot
    • Size: 2,375 Square Feet
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 04714208
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1913

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs, Street Lights, Sidewalks
    • Subdivision: Balboa Peninsula (Residential) (Balp)
    Location
    • Region: Newport Beach

    Financial & listing details

    • Price per square foot: $2,423/sqft
    • Tax assessed value: $2,499,000
    • Annual tax amount: $26,588
    • Date on market: 3/19/2025
    • Cumulative days on market: 247 days
    • Listing terms: Cash,Cash to New Loan,Conventional

    Price history

    DateEventPrice
    6/2/2025Listing removed$7,500$7/sqft
    Source: CRMLS #NP25120676 Report a problem
    5/30/2025Listed for rent$7,500-6.2%$7/sqft
    Source: CRMLS #NP25120676 Report a problem
    5/21/2025Sold$2,665,000-4.7%$2,423/sqft
    Source: CRMLS #NP25058160 Report a problem
    5/15/2025Pending sale$2,795,000$2,541/sqft
    Source: CRMLS #NP25058160 Report a problem
    5/7/2025Contingent$2,795,000$2,541/sqft
    Source: CRMLS #NP25058160 Report a problem
    4/4/2025Price change$2,795,000-5.3%$2,541/sqft
    Source: CRMLS #NP25058160 Report a problem
    3/19/2025Price change$2,950,000+5.5%$2,682/sqft
    Source: CRMLS #NP25058160 Report a problem
    2/18/2025Listing removed$7,995$7/sqft
    Source: CRMLS #NP24247543 Report a problem
    1/29/2025Listed for sale$2,795,000+14.1%$2,541/sqft
    Source: CRMLS #NP25020225 Report a problem
    12/11/2024Listed for rent$7,995$7/sqft
    Source: CRMLS #NP24247543 Report a problem
    12/10/2024Listing removed$7,995$7/sqft
    Source: CRMLS #NP24234726 Report a problem
    11/15/2024Listed for rent$7,995+14.3%$7/sqft
    Source: CRMLS #NP24234726 Report a problem
    3/1/2024Listing removed--
    Source: Zillow Rentals Report a problem
    12/21/2023Listed for rent$6,995$6/sqft
    Source: Zillow Rentals Report a problem
    10/17/2023Sold$2,450,000+22.5%$2,227/sqft
    Source: CRMLS #NP23131087 Report a problem
    9/23/2023Contingent$1,999,900$1,818/sqft
    Source: CRMLS #NP23131087 Report a problem
    9/7/2023Listed for sale$1,999,900+37.9%$1,818/sqft
    Source: CRMLS #NP23131087 Report a problem
    8/8/2014Sold$1,450,000-3.3%$1,318/sqft
    Source: Public Record Report a problem
    8/7/2014Pending sale$1,499,000$1,363/sqft
    Source: Coldwell Banker Residential Brokerage - Lido Isle #NP14136661 Report a problem
    6/29/2014Listed for sale$1,499,000+49.9%$1,363/sqft
    Source: Coldwell Banker Residential Brokerage - Lido Isle #NP14136661 Report a problem
    2/19/2010Sold$1,000,000+0.5%$909/sqft
    Source: Public Record Report a problem
    11/14/2009Price change$995,000-33.4%$905/sqft
    Source: Prudential California Realty #L30271 Report a problem
    9/1/2009Price change$1,495,000-11.8%$1,359/sqft
    Source: Prudential California Realty #L30271 Report a problem
    8/1/2009Price change$1,695,000-10.6%$1,541/sqft
    Source: Prudential California Realty #L30271 Report a problem
    7/11/2009Listed for sale$1,895,000+11.5%$1,723/sqft
    Source: Prudential California Realty #L30271 Report a problem
    12/12/2006Sold$1,700,000+113.6%$1,545/sqft
    Source: Public Record Report a problem
    4/30/2004Sold$796,000+185.3%$724/sqft
    Source: Public Record Report a problem
    12/17/1996Sold$279,000$254/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$26,588 +1.6%$2,499,000 +2%
    2024$26,172 +45.9%$2,450,000 +46.3%
    2023$17,939 +1.7%$1,675,010 +2%
    2022$17,640 +1.9%$1,642,167 +2%
    2021$17,303 +1%$1,609,968 +1%
    2020$17,137 $1,593,460 +2%
    2019$17,137 +2.1%$1,562,216 +2%
    2018$16,784 +3.9%$1,531,585 +2%
    2017$16,160 $1,501,554 +2%
    2016$16,160 +2.3%$1,472,112 +1.5%
    2015$15,798 +39.1%$1,450,000 +38.3%
    2014$11,355 $1,048,232
    2013-- $1,048,232 +4%
    2012-- $1,007,529
    2011-- $1,007,529 +0.8%
    2010-- $1,000,000 -18.3%
    2009-- $1,223,500
    2008-- $1,223,500 -28%
    2007-- $1,700,000 +105.3%
    2006-- $828,158 +2%
    2005-- $811,920 +154.3%
    2004-- $319,314 +1.9%
    2003-- $313,462 +2%
    2002-- $307,316 +2%
    2001$3,150 +2.6%$301,291 +2%
    2000$3,071 $295,384
    Find assessor info on the county website

    Neighborhood: 92663

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    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Newport
    • Middle: Ensign
    • High: Newport Harbor

    Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $3,433,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,433,500

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