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For sale
    • Listed by: Abrams Coastal Properties • Donald Abrams • Contact: 714-325-9055
    $3,195,000

    122 Agate Ave, Newport Beach, CA 92662

    3beds
    3,026sqft
    : 
    $21,020/mo
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    Mixed Use
    Built in 1937
    2,550 Square Feet Lot
    $3,088,500 Zestimate®
    $1,056/sqft
    $-- HOA

    What's special

    Two-car garageHalf bathroomLower-level commercial spaceTwo bathsAbundance of built-in storageThree bedroomsLaundry facilities
    Outstanding Balboa Island Commercial and Residential Mixed-Use building, centrally located near the Ferry, Balboa Pavilion, shopping, and restaurants. At 3,026 square feet, this is one of the largest buildings on the Island on a standard 30 x 85-foot lot. The lower-level commercial space has previously been leased as a dentist's office but would be ideal for a wide variety of retail or professional uses, and may also be leased as two separate commercial spaces. Behind this space are two large office/workshop areas, a half bathroom, and laundry facilities. The upstairs unit is bright and spacious, with three bedrooms, two baths, and an abundance of built-in storage. Completing the upper level is a huge, inviting, partially covered deck, perfect for daily living, dining, and entertaining. This unit is currently leased as a residence with long-term tenants. In the rear of the property is a two-car garage, plus open spaces for one or two additional vehicles. 122 Agate is a rare and exciting offering, perfect for a homeowner, entrepreneur, or investor!
    7 days
    |
    968
    |
    48
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Donald Abrams DRE #01234323 714-325-9055,

    Abrams Coastal Properties

    Source: CRMLS,MLS#: NP26160842MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 4
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      • 1/2 bathrooms: 2
      • Main level bathrooms: 1
      Rooms
      • Room types: Bedroom
      Bedroom
      • Features: All Bedrooms Up
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Laundry: Inside
      Features
      • Balcony, All Bedrooms Up
      • Flooring: Laminate
      • Has fireplace: Yes
      • Fireplace features: Outside
      • Common walls with other units/homes: 1 Common Wall
      Interior area
      • Total interior livable area: 3,026 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Garage - Attached
      • Attached garage spaces: 2
      • Uncovered spaces: 2
      Accessibility
      • Accessibility features: Safe Emergency Egress from Home
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: 1
      • Pool features: None
      • Spa features: None
      • Has view: Yes
      • View description: Bay
      • Has water view: Yes
      • Water view: Bay
      Lot
      • Size: 2,550 Square Feet
      • Features: Walkstreet
      Details
      • Parcel number: 05005225
      • Zoning: R1.5
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Mixed Use
      • Attached to another structure: Yes
      Condition
      • New construction: No
      • Year built: 1937

      Utilities & green energy

      • Sewer: Sewer Tap Paid
      • Water: Public

      Community & HOA

      Community
      • Features: Biking, Curbs, Fishing, Park, Street Lights, Sidewalks, Water Sports
      • Subdivision: Balboa Island - Main Island (Balm)
      Location
      • Region: Newport Beach

      Financial & listing details

      • Price per square foot: $1,056/sqft
      • Tax assessed value: $546,963
      • Annual tax amount: $9,456
      • Date on market: 7/23/2026
      • Cumulative days on market: 8 days
      • Listing terms: Cash,Cash to New Loan
      • Road surface type: Paved

        Estimated market value

        $3,088,500

        $2.93M - $3.24M

        $7,141/mo

        Price history

        DateEventPrice
        7/22/2026Listed for sale$3,195,000$1,056/sqft
        Source: CRMLS #NP26144548 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,456 +1.3%$546,963 +2%
        2024$9,332 +3.7%$536,239 +2%
        2023$9,000 +42.4%$525,725 +2%
        2022$6,321 +1.9%$515,417 +2%
        2021$6,205 +1%$505,311 +1%
        2020$6,143 $500,130 +2%
        2019$6,143 +1.8%$490,324 +2%
        2018$6,033 +3.7%$480,710 +2%
        2017$5,817 $471,285 +2%
        2016$5,817 +2.2%$462,045 +1.5%
        2015$5,694 $455,105
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 92662

        Getting around

        75 / 100
        Very Walkable
        30 / 100
        Some Transit
        70 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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