About 104 Onyx Avenue
*This property HAS A SHORT TERM PERMIT* The City currently is not issuing any new permits and has a long waiting list! This permit is very valuable!
Step right into a fully operational vacation rental business! This is a rare opportunity to purchase an almost Bayfront income property for a fraction of the cost to be on the Bayfront on Balboa Island, Newport Beach, California. There are technically two one bedroom one bath self contained units. The downstairs has a stunning brand new spacious gourmet kitchen equipped with top of the line appliances. The upstairs has an efficient brand new masterfully designed kitchenette. Typically, they have been rented together as a two bedroom two bath property. Both units have amazing SIT DOWN VIEWS! Perfect choice for your 1031 Exchange. Once again, there is currently a Short Term Rental Permit for this property so you can AIR BNB and VRBO. This turn key exceptional Dream House has been completely renovated top to bottom. Many possibilities for income and or enjoying the Balboa Island iconic lifestyle for yourself. You deserve a trophy property such as this one!
