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Key Details
Sold Price $1,930,000
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 2,309 sqft
Price per Sqft $835
Subdivision Balboa Island - Main Island (Balm)
MLS Listing ID NP14063704
Sold Date 07/21/14
Bedrooms 3
Full Baths 2
Three Quarter Bath 2
HOA Y/N No
Year Built 1978
Lot Size 2,613 Sqft
Property Description
SERENE MIXED-USE BUILDING STEPS FROM FERRY AND SOUTH BAYFRONT! The first level has two highly desirable professional offices or stores with separate entrances, a deluxe 3/4 bath, and 5-car cover parking. The second level "Sea Glass Cottage" has its own private entry and consists of: Three model-perfect bedrooms, 2.75 baths (two newly re-tiled with beautiful Oceanside Glass), a large living room with fireplace, dining area, remodeled modern kitchen with eating bar, separate parlor/den, and balcony with Bay view. Nearly all rooms have high vaulted ceilings, flooring of wood or marble, and there is long wrap-around deck encircling the upper level. Cottage vacation rental rates would be about $3000 per week in summer/$1600 off season; office rents per unit would be $1500-$2000 per month. 118 Agate offers a great live/work environment, investment property, or Bay-view residence with income!
Location
State CA
County Orange
Area N9 - Lower Newport Bay - Balboa Island
Zoning MU-W2
Interior
Interior Features Breakfast Bar, All Bedrooms Up
Heating Central
Cooling None
Flooring Bamboo, Stone, Wood
Fireplaces Type Living Room
Fireplace Yes
Laundry In Carport
Exterior
Garage Covered
Carport Spaces 5
Pool None
Community Features Street Lights, Park
View Y/N Yes
View Bay
Porch Deck
Parking Type Covered
Total Parking Spaces 5
Private Pool No
Building
Lot Description Near Park
Story Two
Entry Level Two
Sewer Sewer Tap Paid
Water Public
Architectural Style Cape Cod, Cottage
Level or Stories Two
Schools
School District Newport Mesa Unified
Others
Senior Community No
Tax ID 05005223
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Patricia Manners • Patricia Manners, Broker
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