See Home Value
$2,665,000
● House - Off Market

112 24th ST

Newport Beach, CA 92663
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,100 Ft²
$13,724
Est. Monthly

About This Property

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.
Unit Size
1,100 Ft²
Days on Market
63 days
Land Size
0.05 acres
Price per sqft
$2,541
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1913

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (CRMLS #NP25058160)

Price History

Date / Event Date Event Price
May 21, 2025 Sold
Sold
May 8, 2025 In contract -
In contract
Mar 19, 2025 Listed by Times Real Estate CA $2,795,000
Listed by Times Real Estate CA
Oct 18, 2023 No longer available -
No longer available
Sep 24, 2023 In contract -
In contract
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1913
  • Effective Year Built: 1913
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,375
  • Lot Size Depth Feet: 950
  • Lot Size Frontage Feet: 250
  • Total Building Area: 760
  • Building Area: 760
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 11
  • Heated Square Feet: 760
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NEWPORT BEACH TRACT
  • Land Acres: 0000000055
  • Standard Land Use Code: 1001
  • County Land Use Code: 1
  • Legal Description 1: A TR NEWPORT BEACH CITY BLK 23 LOT 12

Neighborhood

  • School District Name: Newport-Mesa Unified School District
  • Census Tract: 063500

Geography

  • Assessors Map Reference: 31-C6
  • Subdivision Tract Number: 512
  • Parcel: 047-142-08
  • Block: 23
  • Lot: 12
  • Latitude: 33.6103
  • Longitude: -117.93

    Address

  • Full Address: 112 24th St
  • Address - House Number: 112
  • Address - Street Name: 24th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Newport Beach
  • Carrier Code: C023
  • 4-Digit Zip Code: 3402
  • Zip Code: 92663

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,793,918
  • Tax Rate Code Area: 07-001

    Appraisal Valuation

  • Standard Deviation: 0.2005
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 73
  • Final Value: 2,811,128
  • High Value: 3,374,778
  • Low Value: 2,247,477

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,675,010
  • Assessed Land Value: $1,652,028
  • Assessed Improvements Value: $22,982

    Sales

  • Current Sale Contract Date: Oct 10, 2023
  • Current Sale Recording Date: Oct 17, 2023
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 252623
  • Previous Sale Recording Date: Aug 08, 2014
  • Previous Sale Contract Date: Jul 09, 2014
  • Previous Sale Amount: $1,450,000
  • Previous Sale Document Type: 36
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Newport Beach


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 52 Ebb Tide, NEWPORT BEACH, CA, 92663

$7,800 /mo

  • 4 Beds
  • 3 Baths
  • 2,229 ft²
52 Ebb Tide, NEWPORT BEACH, CA, 92663 Listing by Julian Nan
Unit for rent at 1211 Winslow Drive, NEWPORT BEACH, CA, 92660

$7,400 /mo

  • 2 Beds
  • 2 Baths
  • 1,683 ft²
1211 Winslow Drive, NEWPORT BEACH, CA, 92660 Listing by Jaime Weber
Unit for rent at 3121 W Coast, NEWPORT BEACH, CA, 92663

$6,750 /mo

  • 2 Beds
  • 2 Baths
  • 1,105 ft²
3121 W Coast #5C, NEWPORT BEACH, CA, 92663 Listing by Rosanne Rojo


Frequently Asked Questions

When was property at 112 24th Street built and last sold?
The property at 112 24th Street was built in 1913 and last sold on Oct 10, 2023 for $2,450,000.
How much is this home worth?
The estimated value of the home located at 112 24th Street is $0.
What are some comparable homes to 112 24th Street?
There are currently no comparable homes to 112 24th Street.

Nearby Counties