UPDATED to correct the loss in the burglary.
A burglar entered a home in the 2300 block of Second Avenue this morning and stole two paintings valued at about $125,000, police said. The pieces were by artists August Gay and A.G. Ryder.
The incident was reported at 11:31 a.m. today, according to online police logs. Apparently the burglary occurred about 20 minutes before police were called, said Kathy Lowe, a Newport Beach Police Department spokeswoman.
No suspects were seen, Lowe said.
Police originally said the loss was $200,000.