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.
Sold for $3,350,000
Listed by: Keller Williams OC Coastal Realty • Michael Bojorquez • Contact: 949-373-1600
Bought with: Compass
$3,350,000
121 Diamond Ave, Newport Beach, CA 92662
3beds
2,000sqft
Duplex
Built in 1977
2,614 Square Feet Lot
$-- Zestimate®
$1,675/sqft
$7,110 Estimated rent
Home value
Not available
Estimated sales range
Not available
$7,110/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Michael Bojorquez DRE #01273181 949-291-2043,
Keller Williams OC Coastal Realty
Bought with:
Matthew O'Keefe, DRE #01356816
Compass
Source: CRMLS,MLS#: OC23212713
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Rooms
- Room types: Bedroom, Converted Bedroom, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Other, Dining Room
Primary bedroom
- Features: Primary Suite
Bedroom
- Features: All Bedrooms Up
Bathroom
- Features: Dual Sinks, Separate Shower, Tub Shower
Kitchen
- Features: Kitchen Island
Other
- Features: Walk-In Closet(s)
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Electric Cooktop, Electric Oven, Gas Cooktop, Gas Water Heater, Water Heater
- Laundry: In Garage
Features
- Breakfast Area, Ceiling Fan(s), Cathedral Ceiling(s), Separate/Formal Dining Room, Granite Counters, Multiple Staircases, Sunken Living Room, Unfurnished, All Bedrooms Up, Primary Suite, Walk-In Closet(s)
- Flooring: Carpet, Vinyl
- Doors: French Doors
- Windows: Bay Window(s)
- Has fireplace: Yes
- Fireplace features: Kitchen, Living Room, Primary Bedroom
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,000 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Garage, No Driveway, Garage Faces Rear
- Attached garage spaces: 2
- Uncovered spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Entry location: 1&2
- Patio & porch: Brick, Concrete
- Pool features: None
- Spa features: None
- Fencing: Average Condition
- Has view: Yes
- View description: Peek-A-Boo
- Waterfront features: Across the Road from Lake/Ocean, Beach Access, Ocean Side Of Freeway, Ocean Side Of Highway
Lot
- Size: 2,614 Square Feet
- Dimensions: 30 x 85
- Features: Level, Rectangular Lot, Street Level, Value In Land, Walkstreet
Details
- Additional structures: Guest House
- Parcel number: 05010221
- Special conditions: Trust
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod,Cottage,Traditional
- Property subtype: Duplex
Materials
- Stucco, Wood Siding
- Foundation: Slab
- Roof: Flat,Shake
Condition
- Fixer
- New construction: No
- Year built: 1977
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Biking, Curbs, Fishing, Gutter(s), Street Lights, Sidewalks, Water Sports, Marina
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Balboa Island - Main Island (Balm)
Location
- Region: Newport Beach
Financial & listing details
- Price per square foot: $1,675/sqft
- Date on market: 11/16/2023
- Cumulative days on market: 16 days
- Listing terms: Cash,Cash to New Loan,Subject To Other
- Road surface type: Alley Paved, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 2/1/2024 | Sold | $3,350,000+8.1%$1,675/sqft |
Source:  CRMLS #OC23212713 Report a problem | ||
| 12/8/2023 | Pending sale | $3,100,000$1,550/sqft |
Source: CRMLS #OC23212713 Report a problem | ||
| 12/2/2023 | Contingent | $3,100,000$1,550/sqft |
Source: CRMLS #OC23212713 Report a problem | ||
| 11/16/2023 | Listed for sale | $3,100,000$1,550/sqft |
Source: CRMLS #OC23212713 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 92662
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Nearby schools
GreatSchools rating
- 9/10Abraham Lincoln Elementary SchoolGrades: K-6Distance: 2 mi
- 8/10Corona Del Mar High SchoolGrades: 7-12Distance: 2.2 mi
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