Financial
Distress signals
Property profile

122 Agate Ave Newport Beach, CA 92662

FOR SALE
Other investment properties
Property ID
US09-2166355
2,000 SF 0.06 ac lot Built 1937
Last sale Jun 2021
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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122 Agate Ave, Newport Beach, CA 92662 For Sale
$3,195,000 2,000 SF
122 Agate Ave, Newport Beach, CA 92662
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Property summary

AI-generated overview

The property at 122 Agate, Newport Beach, is a mixed-use building constructed in 1937, set on a 30 x 85-foot lot and containing approximately 3,026 square feet. It includes ground-floor commercial space that was previously used as a dentist’s office and is configured to allow a division into two separate areas, with additional rear rooms consisting of two sizable office or workshop spaces, a half bathroom, and laundry facilities. The upper level contains a residential unit with three bedrooms…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$9k
Tax billed · 2024
Assessed value$536k
Assessed land$366k
Assessed improvement$171k
Effective rate1.74%

Value estimate

· Oct 2026
$345k
$311k – $380k
AI approach$345k
NOI build-up
Gross scheduled income$102k
Vacancy & credit loss−$3k
Operating expenses−$29k
NOI · 2.15% cap applied$69k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$981/SF
Submarket average, outlier-cleaned · 77 recorded sales of this use type
Observed band · Q1–Q3$275 – $1,560
Qualifying comparables6

Cap rate analysis

How does the asset earn?
2.15%
$69k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionORANGE

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop10.3
Barber Shop10.3
Auto Parts Store9.7

Location

122 Agate Ave Newport Beach, CA 92662
County assessor Recorded deeds · 4 transfers 6 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
132 Agate, Newport Beach, CA 92662-1002 $2,410,000 Sep 2024 1,917 SF
501 Park, Newport Beach, CA 92662-1000 $2,410,000 Sep 2024 1,885 SF
324 Marine, Newport Beach, CA 92662-1250 $525,000 Dec 2021 2,473 SF
217 Marine, Newport Beach, CA 92662-1203 $2,325,000 Sep 2020 2,170 SF
320 Marine, Newport Beach, CA 92662-1242 $2,210,000 Jul 2020 1,668 SF
219 Marine, Newport Beach, CA 92662-1253 $300,000 May 2020 1,630 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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