2 months on rocket

124 Pearl Ave, Newport Beach, CA, 92662

$3,280,000

0 Baths
Multi
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeDuplex
Garage2 spaces
Year Built1944
HeatingCentral
CoolingNone
FireplaceFamily Room, Living Room
MLS #NP24040498
Lot Size0.06 Acres
StatusActive

About 124 Pearl Ave

Charming duplex on the beautifully tree-lined One Hundred block of Pearl Ave on the quiet-end of Balboa Island. The upper unit is a renovated 2bed/2 bath featuring luxury vinyl plank flooring throughout, an elevator, and a large front balcony with an awning for those sunny summer afternoons. The well-appointed kitchen has stainless steel appliances and opens to the dining room. A large family room with large windows and sliders to the balcony, complete with a fireplace allow ample room to entertain. One bathroom has a tub-shower and the other a walk-in shower. The lower unit has 2bed/1 bath, kitchen and a large living room. Both units have newer dual-pane windows and a new roof. The oversized front patio is the jewel of this property. A 2-car garage with epoxy floors, a carport and laundry complete this duplex. Ideally located near the ferry and access to local beaches, Balboa Island has so much to offer, excellent restaurants, shops, community activities and a boardwalk around the perimeter allowing breathtaking views of the bay and harbor.

Property Details

Property Features

Property Information:

  • Year Built: 1944
  • Stories: 2

Listing Office:

  • Office Name: Compass
  • Office Phone: (949) 395-8899
  • Listing Agent: Mariana Donahue

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Range, Refrigerator, Water Heater
  • Interior: Balcony, Crown Molding, Elevator, Open Floorplan, Quartz Counters, Recessed Lighting
  • Fireplace: Family Room, Living Room

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces

Lot Features

Lot Information:

  • Lot: Rectangular Lot
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: None

School Info

Assigned Schools Information:

  • Corona Del Mar High School, Public District Grades 7-12
  • Abraham Lincoln Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: Marine Ave, Right on Park Ave, Left on Garnet Ave, Left on S Bayfront Alley, Left on Pearl Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,280,000

Tax Information:

  • Annual Amount: $4,739
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Newport Beach, CA.

Med. Sold Price

$3.2M

Med. Price/SqFt

$1,343

Avg. Days On Market

43

# of Sold Homes

86

124 Pearl Ave vs Newport Beach

61 DAYS ON ROCKET

+18 Days

$3,280,000

+$51.3K More

KEY TAKEAWAY

This property is $51.3K more than the Median Sold Price in Newport Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #NP24040498

Listing Office:

  • Office Name: Compass
  • Office Phone: (949) 395-8899
  • Listing Agent: Mariana Donahue

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2024, 6:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$4,739$239,104
2020$2,992$236,653
2019$2,811$232,013
2018$2,812$227,464
2017$2,763$223,004

History based on county public records data.

Payment Calculator

$16.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,900

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3547579
7
/10
  • Abraham Lincoln Elementary School

  • 3101 Pacific View Dr

  • 2.19 miles

  • Public District Grades KG-6

High School

school-card-donut-3547580
9
/10
  • Corona Del Mar High School

  • 2101 Eastbluff Dr

  • 2.20 miles

  • Public District Grades 7-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $89,674. The majority of Newport Beach, CA residents have income between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

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Rocket HomesCaliforniaOrange CountyNewport Beach92662124 Pearl Ave

This home is located at 124 Pearl Ave in Newport Beach, CA and zip code 92662 in the Balboa Island neighborhood. This home, which was built in 1944, sits on a 0.06 acre lot. It has been listed on Rocket Homes since February 28, 2024 and is currently priced at $3,280,000.

While more than 23 listings in Newport Beach, CA in March 2024 were sold above asking price, there were more than 13 listings sold at asking price, and more than 50 were sold below. The number of listings in Newport Beach, CA increased by 8.8% between February 2024 and March 2024. The median list price of listings available in March 2024 was $3,228,690, while the average time on the real estate market was 43 days.

From Rocket Homes Real Estate and based on county public records data.

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