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Millman Team Real Estate

$3,195,000
0.06 Acre Lot

122 Agate, Newport Beach, California 92662

  • Residential Income Property Type
  • 1937 Year Built
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!

Basic Details
Residential Income
For Sale
NP26144548
$3,195,000
Bay
1937
0.06 Acre
Active
1
Mixed Use
Features
: None
: Central
: Central Air
: Outside
: Traditional
: Laminate
: All Bedrooms Up, Balcony
: Inside
: Sewer Tap Paid
$0
Address Map
CA
Orange
Newport Beach
Balboa Island - Main Island (BALM)
92662
Agate
122
W118° 6' 8.8''
N33° 36' 22.3''
Marine to right on Park to left on Agate to 122
N9 - Lower Newport Bay - Balboa Island
R1.5
Additional Information
$0
$0
$0
$0
$0
: Safe Emergency Egress from Home
3026
: Park, Sidewalks, Street Lights, Curbs, Biking, Fishing, Water Sports
1
2.0
: Two
: Walkstreet
2
2026-07-22
2
2
: Public
Broker/Agent Information
Abrams Coastal Properties
Donald Abrams
Listing Information
U11623
U6505
Cash, Cash to New Loan
Active
2026-07-29T22:08:26Z
CRMLS
: Standard
2026-07-22T11:23:48Z
Agent info
Ray Millman
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