Sold

121 Diamond Avenue

Newport Beach CA, 92662

$3,100,000


$1,550.00 per sqft

Sold

3 Beds

3.5 Baths

2,000 sqft

Multi-family

Built in 1977

Listed by Michael Bojorquez with Keller Williams OC Coastal Realty 949-373-1600

121 Diamond presents today's buyers with various options. The existing duplex could be remodeled and enjoyed for many years to come with either a modest budget or a high end budget. The existing front main home features 2 bedrooms and 2.5 bathrooms, but could be easily converted to a 3 bedroom main home. The rear 1 bedroom unit sits above the 2 car garage and separate parking space facing the rear alley. One could potentially convert the two units into one single family home with 4 or even 5 bedrooms without adding square footage. Alternatively, many buyers are looking for a special lot to tear down the existing building to create the Balboa island home of their dreams from the ground up. Whatever you decide to do with it, you'll love this wonderful location just down the block from the water. Homes in this price point sell instantly, so you'll want to see this one right away. According to City of Newport Beach website: Short-Term Lodging is allowed subject to zoning compliance, but there is not currently an active permit.
Both the main home, and the 1 bedroom apartment have fantastic old Newport character and charm, with high vaulted ceilings on the second level.

OC23212713

MLS ID

November 16, 2023

Listed

February 16, 2024

Updated

Map

121 Diamond Avenue
Newport Beach CA, 92662

Interior Features

Total Stories

1


Bedrooms

3 Beds


Bathrooms

3.5 Baths


Interior Features

Ceiling Fan(s), Cathedral Ceiling(s), Granite Counters, Multiple Staircases, Sunken Living Room, Unfurnished, All Bedrooms Up, Primary Suite, Walk-In Closet(s)


Appliances

Electric Cooktop, Electric Oven, Gas Cooktop, Gas Water Heater, Water Heater


Laundry Description

In Garage


Floor Description

Carpet, Vinyl


Fireplace

Yes


Fireplace Description

Kitchen, Living Room, Primary Bedroom


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.06 Acres


Lot Features

Level, Rectangular Lot, Street Level, Value In Land, Walkstreet


Architectual Style

Cape Cod, Cottage, Traditional


Roof

Flat, Shake


Sewer

Public Sewer

School Information

School District

Newport Mesa Unified

Other Property Details

Area Name

N9 - Lower Newport Bay - Balboa Island


Days on Market

16


Garage

Yes


Garage Spaces

2


Parking

Garage, No Driveway, Garage Faces Rear


Parking Total

3


View

Yes


View Description

Peek-A-Boo


County

Orange


Water Source

Public


Pool

No


Pool Features

None


Waterfront

Yes


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

2/2/2024

Price Change

$3,350,000

8%

2/2/2024

Sold

12/8/2023

Pending

12/2/2023

Under Contract

Listing Contact: 949-373-1600 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 2/16/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 2/16/2024 at 4:24 AM UTC

 

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