Newport Beach, CA 92662,136 Topaz Avenue
Newport Beach, CA 92662,136 Topaz Avenue
Newport Beach, CA 92662,136 Topaz Avenue
$3,150,000
Est. payment /mo
$3,285,000
4.1%
Est.Price: ?

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6 Beds
4 Baths
2,326 SqFt
SOLD DATE : 08/15/2024

Key Details

Sold Price $3,150,000

Property Type Townhouse

Sub Type Townhome

Listing Status Sold

Purchase Type For Sale

Square Footage 2,326 sqft

Price per Sqft $1,354

MLS Listing ID OC24120988

Sold Date 08/15/24

Style Townhome

Bedrooms 6

Full Baths 4

HOA Y/N No

Year Built 1956

Lot Size 2,550 Sqft

Acres 0.0585

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.
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.

Location

State CA

County Orange

Area Oc - Newport Beach (92662)

Zoning R2

Interior

Interior Features Balcony, Granite Counters, Pantry, Stone Counters

Cooling Wall/Window

Flooring Carpet, Laminate, Tile

Fireplaces Type FP in Family Room

Equipment Microwave, Refrigerator, Electric Oven, Gas Stove, Vented Exhaust Fan

Appliance Microwave, Refrigerator, Electric Oven, Gas Stove, Vented Exhaust Fan

Laundry Kitchen

Exterior

Parking Features Garage

Garage Spaces 2.0

View Neighborhood, Peek-A-Boo

Roof Type Shingle

Total Parking Spaces 2

Building

Lot Description Curbs, Sidewalks

Story 2

Lot Size Range 1-3999 SF

Sewer Public Sewer

Water Public

Architectural Style Cape Cod, Traditional

Level or Stories 2 Story

Others

Monthly Total Fees $257

Acceptable Financing Cash, Cash To New Loan

Listing Terms Cash, Cash To New Loan

Special Listing Condition Standard

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San Diego Regional MLS (SDMLS)
Listed by Duke Nguyen • Equity Partners Real Estate and Lending Inc
Bought with Duke Nguyen • Equity Partners Real Estate and Lending Inc
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+1(858) 753-3353

kobezimmerman@bhhscal.com

Serving San Diego County, United States

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