104 Onyx Ave Newport Beach, CA 92662
Balboa Island NeighborhoodEstimated payment $21,921/month
Highlights
- Ocean View
- Updated Kitchen
- Deck
- Corona del Mar Middle and High School Rated A
- Wolf Appliances
- Wood Flooring
About This Home
Presenting 104 Onyx, a rare and refined offering on Balboa Island that combines luxury coastal living with impressive investment performance. This elegantly remodeled home holds a coveted short-term rental permit, a highly sought after asset in the City of Newport Beach. Currently operating as a successful, fully turnkey vacation rental, 104 Onyx is generating income that exceeds Newport Beach’s average cap rate, making it a compelling opportunity for investors seeking both lifestyle and long term value. Perfectly positioned as the only rear home on the South Bayfront, this residence offers unobstructed sit-down harbor views from both levels, a rare feature that sets it apart. A private entrance to the upper level provides flexibility for dual living, guest accommodations, or optimized rental income. The home has undergone a comprehensive, high end renovation with no detail overlooked. Upgrades include Wolf appliances, new countertops, wide-plank wood flooring, an upstairs kitchenette, and a striking metal roof. Outdoor living is elevated with thoughtfully designed spaces that maximize the bay views and coastal ambiance. Located just steps from the waterfront and one block from Marine Avenue, 104 Onyx offers immediate access to Balboa Island’s boutiques, dining, and amenities, all while maintaining a sense of privacy and exclusivity. This is a rare opportunity to a special getaway and an income producing asset with proven rental performance, premium views, and a timeless design.
Listing Agent
Compass Brokerage Phone: 714-300-5606 License #02080832 Listed on: 11/28/2025
Open House Schedule
-
Sunday, November 30, 20251:00 to 4:00 pm11/30/2025 1:00:00 PM +00:0011/30/2025 4:00:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $29,591
Year Built
- Built in 2001 | Remodeled
Lot Details
- 1,050 Sq Ft Lot
- Fenced
- Fence is in excellent condition
- Density is up to 1 Unit/Acre
Property Views
- Ocean
- Bay
Home Design
- Cottage
- Entry on the 1st floor
- Turnkey
- Slab Foundation
- Metal Roof
- Vinyl Siding
Interior Spaces
- 904 Sq Ft Home
- 2-Story Property
- Furnished
- Built-In Features
- Beamed Ceilings
- Ceiling Fan
- Recessed Lighting
- Double Pane Windows
- Plantation Shutters
- Roller Shields
- Wood Flooring
Kitchen
- Kitchenette
- Updated Kitchen
- Breakfast Area or Nook
- Convection Oven
- Built-In Range
- Microwave
- Freezer
- Dishwasher
- Wolf Appliances
- Built-In Trash or Recycling Cabinet
- Self-Closing Drawers and Cabinet Doors
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms | 1 Primary Bedroom on Main
- Walk-In Closet
- Remodeled Bathroom
- 2 Full Bathrooms
- Makeup or Vanity Space
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Dryer
- Washer
Accessible Home Design
- Grab Bar In Bathroom
Outdoor Features
- Deck
- Open Patio
- Exterior Lighting
Schools
- Abraham Lincoln Elementary School
- Corona Del Mar Middle School
- Corona Del Mar High School
Utilities
- Baseboard Heating
- Natural Gas Connected
- Tankless Water Heater
Listing and Financial Details
- Legal Lot and Block 1 / 1
- Tax Tract Number 102
- Assessor Parcel Number 05017210
- $369 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- Balboa Island Main Island Subdivision
Recreation
- Water Sports
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $29,591 | $2,629,168 | $2,524,703 | $104,465 |
| 2024 | $29,591 | $2,571,397 | $2,475,199 | $96,198 |
| 2023 | $28,837 | $2,517,441 | $2,426,666 | $90,775 |
| 2022 | $26,327 | $2,468,080 | $2,379,084 | $88,996 |
| 2021 | $15,447 | $1,433,518 | $1,312,347 | $121,171 |
| 2020 | $15,298 | $1,418,820 | $1,298,891 | $119,929 |
| 2019 | $14,984 | $1,391,000 | $1,273,422 | $117,578 |
| 2018 | $14,687 | $1,363,726 | $1,248,453 | $115,273 |
| 2017 | $14,427 | $1,336,987 | $1,223,974 | $113,013 |
| 2016 | $14,105 | $1,310,772 | $1,199,974 | $110,798 |
| 2015 | $13,971 | $1,291,083 | $1,181,949 | $109,134 |
| 2014 | $13,642 | $1,265,793 | $1,158,796 | $106,997 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/28/2025 11/28/25 | For Sale | $3,695,000 | 0.0% | $4,087 / Sq Ft | |
| 06/07/2022 06/07/22 | Rented | $16,000 | +18.5% | -- | |
| 05/20/2022 05/20/22 | Price Changed | $13,500 | -6.9% | $15 / Sq Ft | |
| 05/11/2022 05/11/22 | Price Changed | $14,500 | -12.1% | $16 / Sq Ft | |
| 05/02/2022 05/02/22 | For Rent | $16,500 | 0.0% | -- | |
| 10/14/2021 10/14/21 | Sold | $2,468,080 | 0.0% | $2,730 / Sq Ft | View Prior Sale |
| 08/21/2021 08/21/21 | Price Changed | $2,468,080 | -0.8% | $2,730 / Sq Ft | |
| 06/18/2021 06/18/21 | For Sale | $2,488,080 | -- | $2,752 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Interfamily Deed Transfer | -- | Western Resources Title | |
| Grant Deed | $2,468,500 | Western Resources Title | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $1,015,000 | Chicago Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,300,000 | New Conventional | |
| Previous Owner | $750,000 | Purchase Money Mortgage |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP25265161
APN: 050-172-10
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