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Duplex Apartment with Patio
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112-1/2 Pearl, Newport Beach, CA 92662

Newport Beach, CA

Property Size500 SF
Lot Size0.06 Acres
Price / SF$5.99
Days on Market84

Property Features for 112-1/2 Pearl

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 1
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 1, Bathroom 1
Pets allowed Call
Appliances Gas Range
Lot features 0-1 Unit/ Acre
Elementary school district Newport Mesa Unified
Middle school district Newport Mesa Unified
High school district Newport Mesa Unified
Directions Park Ave to Pearl Ave, One way from South Bayfornt Alley
Subdivision N9 - Lower Newport Bay - Balboa Island
Standard status Active
APN 05004309
Size 500 SF
Lot size 0.06 Acres

Utilities

Heating system Wall Furnace
Water source Public

Building Details

Year built 1977
Floors in Building 2
Number of units 2
Flooring type Tile
Architectural style Modern
Listing Agency: Arbor Real Estate
Listed By: Jake Klohs · License #01065508
Added: Jun 8 Changed: Aug 25 Last Checked: Aug 30 at 7:06AM
MLS# NP26135556

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This duplex property includes a 500-square-foot over-garage apartment with one bedroom and one bathroom. The interior features a galley kitchen with ample cabinet storage, a gas range, tile flooring, and wall-furnace heating. A compact patio provides space for a small outdoor table. Built in 1977 with a modern architectural style, the property receives water service from the public system.

The residence is near the Balboa Island Ferry, Island Market, a laundromat, Island Park, local shops, restaurants, and the waterfront. Its location also provides access to ferry service connecting the island with the peninsula.

Key Highlights

  • 500‑square‑foot over‑garage apartment
  • One bedroom and one bathroom
  • Galley kitchen with ample cabinet space and gas range

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Auto Repair Shop Barber Shop Auto Parts Store Law Firm HVAC Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

1,208
Businesses Nearby

Demographics for 92662, CA

2,490
Population
1,869
Households
1.3
Avg Household Size
60
Median Age
68%
College-Educated
100%
High-School Grad
0.2 sq mi
ZIP Area
12,450
Density / Sq Mi
$162,045
Median Household Income
$83,322
Median Earnings
$2,736
Median Rent
$2,000,001
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Over-garage residence with a galley kitchen, outdoor patio, and convenient access to island shops, restaurants, and waterfront destinations.
Where is this duplex located?
The property is located at 112-1/2 Pearl Newport Beach, CA.
What are key features of this property?
This property features: 500‑square‑foot over‑garage apartment; One bedroom and one bathroom; Galley kitchen with ample cabinet space and gas range
More about this property
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