136 Topaz Avenue, Newport Beach, CA 92662
- $3,150,000
- 6
- BD
- 4
- BA
- 2,326
- SqFt
- Sold Price
- $3,150,000
- List Price
- $3,285,000
- Closing Date
- Aug 15, 2024
- Status
- CLOSED
- MLS#
- OC24120988
- Year Built
- 1956
- Bedrooms
- 6
- Bathrooms
- 4
- Living Sq. Ft
- 2,326
- Lot Size
- 2,550
- Acres
- 0.06
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 30
- Property Type
- Single Family Residential
- Style
- Cape Cod, Traditional
- Property Sub Type
- Duplex
- Stories
- Two Levels
- Neighborhood
- Balboa Island - Main Island (Balm)
Property Description
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.
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Additional Information
- Other Buildings
- Guest House
- Appliances
- Electric Oven, Gas Cooktop, Microwave, Refrigerator, Range Hood, Vented Exhaust Fan, Water Heater
- Pool Description
- None
- Fireplace Description
- Family Room
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- Neighborhood, Peek-A-Boo
- Roof
- Shingle
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- School District
- Newport Mesa Unified
- 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
- Attached Structure
- Detached
- Number Of Units Total
- 2
Listing courtesy of Listing Agent: Duke Nguyen (dukenguyen@investingintoyourfuture.com) from Listing Office: Equity Partners Real Estate and Lending Inc.
Listing sold by Duke Nguyen from Equity Partners Real Estate and Lending Inc
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