$3,100,000
Beds:
3
Baths:
3 full, 1 half
Sqft:
2,000
Sqft lot:
2,614
Acre lot:
0.06
20 Days On Market -
Property listed by Keller Williams OC Coastal Realty, Michael Bojorquez {attribution_contact}
Status:
Active Under Contract
Property Type:
Duplex
Year Built:
1977
Neighborhood:
Balboa Island - Main Island (balm)
Days On Website:
20
Description
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.
Features
Property Access
- City Street
- Alley Paved
- Paved
Appliances & Equipment
- Electric Cooktop
- Electric Oven
- Gas Cooktop
- Gas Water Heater
- Water Heater
Bathrooms
- 1 half bathroom
- 3 full bathrooms
- 4 total bathrooms
- 1 bathrooms on main level
Bedrooms
- 3 total bedrooms
Building
- 2 total stories
- Built in 1977
- Stories: 1
- 2,000 sqft living area
- Cape Cod
- Cottage
- Traditional
- No Common Walls
- Stucco
- Wood Siding
- One
- Brick
- Concrete
- Duplex
Community
- Biking
- Curbs
- Fishing
- Gutter(s)
- Street Lights
- Sidewalks
- Water Sports
- Marina
Cooling
- No cooling
Disclosures
- 3rd Party Rights
Doors
- French Doors
Fence
- Average Condition
Fireplaces
- Kitchen
- Living Room
- Primary Bedroom
Floors
- Carpet
- Vinyl
Foundation
- Slab
Garage
- Attached garage
- 2 garage spaces
Water Features
- Across the Road from Lake/Ocean
- Beach Access
- Ocean Side Of Freeway
- Ocean Side Of Highway
Heating
- Forced Air
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)
Laundry
- In Garage
Listing
- Listing ID: OC23212713
- Property Subtype: Duplex
- 16 days on market
- Listed on 2023-11-16
Location
- County: Orange
- Subdivision: Balboa Island - Main Island (BALM)
Lot
- 2614 sqft
- 0.06 acres
- Area: 2614
- Dimensions: 30x85
- Level
- Rectangular Lot
- Street Level
- Value In Land
- Walkstreet
Parking
- 1 open parking space
- 3 total parking spaces
- Garage
- No Driveway
- Garage Faces Rear
Possession
- Close Of Escrow
Property
- 2 units
- Guest House
- Fixer
- Peek-A-Boo
Roof
- Flat
- Shake
Schools
- High School District: Newport Mesa Unified
Security Features
- Carbon Monoxide Detector(s)
- Smoke Detector(s)
Sewer
- Public Sewer
Utilities
- Standard
- Cable Available
- Electricity Connected
- Natural Gas Connected
- Phone Available
- Sewer Connected
- Water Connected
Windows
- Bay Window(s)
Property Map
Map View
$3,100,000 - 121 Diamond Avenue, Newport Beach, CA 92662
Street View
Directions
121 Diamond Avenue
Newport Beach, CA 92662
County: Orange
