Sold

Closed

136 Topaz Avenue

Newport Beach CA, 92662

$3,150,000


$1,354.26 per sqft

Sold

Closed

6 Beds

4 Baths

2,326 sqft

Multi-family

Built in 1956

Listed by Duke Nguyen with Equity Partners Real Estate and Lending Inc 949-822-9620

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.

OC24120988

MLS ID

June 21, 2024

Listed

August 30, 2024

Updated

Map

136 Topaz Avenue
Newport Beach CA, 92662

Interior Features

Total Stories

2


Bedrooms

6


Total Bathrooms

4


Full Bathrooms

4


Interior Features

Built-in Features, Brick Walls, Balcony, Ceiling Fan(s), Crown Molding, Granite Counters, In-Law Floorplan, Pantry, Stone Counters, All Bedrooms Up, Bedroom on Main Level


Appliances

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


Laundry Description

Electric Dryer Hookup, Gas Dryer Hookup, In Kitchen


Floor Description

Carpet, Laminate, Tile


Fireplace

Yes


Fireplace Description

Family Room


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.06 Acres


Lot Features

0-1 Unit/Acre


Architectual Style

Cape Cod, Traditional


Roof

Shingle


Sewer

Public Sewer

School Information

School District

Newport Mesa Unified

Other Property Details

Area Name

N9 - Lower Newport Bay - Balboa Island


Days on Market

31


Garage

Yes


Garage Spaces

2


Parking

Garage, No Driveway, Garage Faces Rear


Parking Total

2


View

Yes


View Description

Neighborhood, Peek-A-Boo


County

Orange


Water Source

Public


Pool

No


Pool Features

None


Waterfront

Yes


Zoning

R2

Listing History

Date

Event

Price

8/16/2024

Sold

$3,150,000

7/23/2024

Pending

7/16/2024

Under contract

Listing Contact: 949-822-9620 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/30/2024. 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 8/30/2024 at 7:53 PM UTC

 

Powered byLuxury Presence