122 Agate Newport Beach, CA 92662 New
UPDATED: 07/25/2026 06:14 PM ON MARKET: 2 days on market
$3,195,000
3 Beds4 Baths3,026 SqFt
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,026 sqft
Price per Sqft $1,055
Subdivision Balboa Island - Main Island (Balm)
MLS Listing ID NP26160842
Bedrooms 3
Full Baths 1
Half Baths 2
Three Quarter Bath 1
HOA Y/N No
Year Built 1937
Lot Size 2,548 Sqft
Property Sub-Type Mixed Use
Property Description
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!

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