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Cottage Duplex Income Property

118 Emerald Newport Beach, CA 92662

Claim this Listing
For Sale
$3,499,000

MULTI_FAMILY - Cottage - Newport Beach, CA

Property size:
1,893 SF
Lot size:
0.06 Acres
Price / SF:
$1,848/SF
Added:
Apr 21, 2026
Days on Market:
83
Last Refresh:
Jul 12 at 7:06 pm

Property Features for 118 Emerald

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
3
Rooms
Bathroom 1, Bedroom 5, Bedroom 2, Bedroom 3, Laundry Room, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 4
Parking
2
Parking features
Garage
Window features
Double Pane Windows, Blinds
Patio and Porch features
Patio
Interior features
Wood Product Walls
Exterior features
Awning(s)
Fireplace
1
Appliances
Gas Range, Gas Oven
Standard status
Active
APN
05004102
Size
1,893 SF
Lot size
0.06 Acres

Utilities

Sewer type
Public Sewer
Heating system
Wall Furnace
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Public

Building Details

Year built
1940
Floors in Building
2
Number of units
2
Flooring type
Vinyl
Building materials
Wood Siding
Roof type
Composition
Architectural style
Cottage

Listing agent Lucas Kinney License #01946207

Listing office Balboa Island Estates 203 Onyx Ave., Newport Beach, CA

Listing date Apr 21, 2026

MLS# PW26082073

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 for-sale cottage duplex income property is located at 118 Emerald in Newport Beach, California 92662. The offering is sized at 1,893 square feet and sits on a 0.06-acre lot, providing a compact residential configuration designed for income use as a duplex/multifamily residence.

The property’s address places it within Orange County. Buyers and tenants considering this home will want to review the specific layout and how the dwelling units are arranged within the existing 1,893-square-foot footprint.

As a residential income property, this duplex-style asset may fit investors or owner-occupants seeking a manageable, smaller-lot multifamily format in Newport Beach. With the property positioned as a residential rental use, due diligence should focus on confirming the unit configuration, current lease status (if any), and any operating considerations associated with maintaining a duplex-style building on a 0.06-acre site.

Key Highlights

  • Cottage‑style home built in 1940
  • 5 bedrooms plus multiple bathrooms and a laundry room
  • Fireplace present; wall furnace heating

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Auto Repair Shop Auto Parts Store HVAC Service Plumbing Service Grocery & Convenience Store Carpet & Flooring Store Locksmith (Bike/Boat/Book/etc) Store Garden Center Barber Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Compact duplex-style income property in Newport Beach offering residential rental utility on a small lot.
Where is this duplex located?
The property is located at 118 Emerald Newport Beach, CA.
What is the asking price?
The asking price for this property is $3,499,000.
What are key features of this property?
This property features: Cottage‑style home built in 1940; 5 bedrooms plus multiple bathrooms and a laundry room; Fireplace present; wall furnace heating
Contact an agent
More about this property
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