714-914-4996

136 Topaz Avenue,
Newport Beach, CA 92662

$3,285,000

Discover a prime investment opportunity with this duplex and casita located in a rare and highly desired neighborhood. This property presents endless potential for both moderate and high-end renovations, catering to various investor strategies. With multiple rental options available, each of the three units offers its own separate entrance for enhanced privacy and rental flexibility. The main house features 3 bedrooms and 2.5 baths spanning 1642 sqft, while the back unit offers 2 bedrooms and 1 bath across 684 sqft. Additionally, a versatile casita with 1 bedroom and 1 bath (potentially an efficiency studio) occupies 239 sqft (non-conforming, not included in total square footage). Situated in Balboa Island of Newport Beach, this home is perfect for savvy investors seeking to capitalize on a promising location and multiple winning property configurations.

Basic Information

MLS #:
OC24120988

Price:
$3,285,000

Price
(per sq ft):
$1,412.00

Address:
136 Topaz Avenue ,
Newport Beach, CA 92662

MLS Area:
N9 - Lower Newport Bay - Balboa Island

Subdivision:
Balboa Island - Main Island (BALM)

Property
Type:
Duplex

Days on Market:
31

Status:
Pending

Bedrooms:
6

Bathrooms:
4

Full Baths:
4

Size (sq ft):
2,326 sq ft

Lot Size:
2,550 sq ft

Year Built:
1956

Sale Type:
Standard,Trust

Rooms in Home

Rooms:
All Bedrooms Up, Entry, Family Room, Kitchen, Laundry, Main Floor Bedroom

Eating Area:

Laundry:
Gas & Electric Dryer Hookup, In Kitchen

Entry Location:
Front

Interior Features

Fireplace:
Family Room

Cooling:
Wall/Window Unit(s)

Heating:
Wall Furnace

Floor:
Carpet, Laminate, Tile

Appliances:
Electric Oven, Gas Cooktop, Microwave, Range Hood, Refrigerator, Vented Exhaust Fan, Water Heater

Interior Features:
Balcony, Brick Walls, Built-in Features, Ceiling Fan(s), Crown Molding, Granite Counters, In-Law Floorplan, Pantry, Stone Counters

Security:

Accessibility:

Garage and Parking

Garage:
Attached

Garage:
2 Spaces

Carport:
0 Spaces

Parking:
Garage, Garage Faces Rear, No Driveway

Home Owners Association

HOA Dues 1:
$0.00 /

HOA Dues 2:
$

HOA Amenities: 

Utilities

Water:
Public

Utilities:

School Information

District:
Newport Mesa Unified

Elementary:

Middle:

High:

Exterior Features

Pool:
None

Spa:
Private, In Ground

Patio:

View:
Neighborhood, Peek-A-Boo

Construction:

Foundation:

Roof:
Shingle

Windows:
Bay Window(s)

Common Walls:
No Common Walls

Levels:
Two

Lot Features:
0-1 Unit/Acre

Additional Information

County:
Orange

Senior Community:
No

Community Features:
Biking, Curbs, Fishing, Gutters, Watersports, Sidewalks, Street Lights

Other Structures:
Guest House

Structure Condition:

Direction Faces:

Listed by:
Equity Partners Real Estate and Lending Inc , Duke Nguyen , 02102801

Co-Listed:

Last
Updated:
8/16/2024 10:09 AM

136 Topaz Avenue,
Newport Beach, CA 92662