Newly listed at 121 Topaz, this charming duplex on Balboa Island combines an ideal location with exceptional versatility. The front unit features five bedrooms and three bathrooms, with two outdoor spaces—a spacious front patio and a private brick patio in the back—both perfect for outdoor gatherings and relaxation. The updated back unit includes two bedrooms, one bathroom, a newer kitchen,, and wood flooring throughout, creating a turnkey space ideal for rental income or extended family living.
Just steps from Balboa Island’s vibrant shops, dining, and scenic beaches, 121 Topaz is perfect for those seeking a coastal retreat or a wonderful investment opportunity, offering the best of Balboa Island living.
Sold for $3,200,000
Listed by: Compass • Brad Hinman • Contact: 949-438-4340
Bought with: Compass
Tax assessed value
$3,200,000
121 Topaz Ave, Newport Beach, CA 92662
7beds
2,296sqft
Duplex
Built in 1961
2,614 Square Feet Lot
$4,149,600 Zestimate®
$1,394/sqft
$7,708 Estimated rent
Home value
$4,149,600
$3.69M - $4.73M
$7,708/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Brad Hinman DRE #01186277 949-290-0227,
Compass,
Jennifer Stock DRE #01427320 949-290-0227,
Compass
Bought with:
Janelle File, DRE #01952433
Compass
Brandon Goethals, DRE #02004301
Compass
Source: CRMLS,MLS#: NP24228909
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Bedroom
Bedroom
- Features: Bedroom on Main Level
Heating
- Wall Furnace
Cooling
- None
Appliances
- Laundry: In Garage
Features
- Unfurnished, Bedroom on Main Level
- Flooring: Carpet, Wood
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,296 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage, Off Street
- Attached garage spaces: 2
- Uncovered spaces: 1
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Patio & porch: Brick, Enclosed, Patio
- Pool features: None
- Spa features: None
- Fencing: Block,Vinyl
- Has view: Yes
- View description: None
Lot
- Size: 2,614 Square Feet
- Features: Walkstreet
Details
- Parcel number: 05005109
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Duplex
Materials
- Brick, Lap Siding, Stucco
- Roof: Composition
Condition
- New construction: No
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: See Remarks
Community & HOA
Community
- Features: Curbs, Sidewalks
- Subdivision: Balboa Island - Main Island (Balm)
HOA
- HOA name: N/A
Location
- Region: Newport Beach
Financial & listing details
- Price per square foot: $1,394/sqft
- Tax assessed value: $3,200,000
- Annual tax amount: $36,787
- Date on market: 11/7/2024
- Cumulative days on market: 10 days
- Listing terms: Cash,Cash to New Loan
Price history
| Date | Event | Price |
|---|---|---|
| 7/8/2025 | Listing removed | $7,500$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/20/2025 | Price change | $7,500-25%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/16/2025 | Listed for rent | $10,000$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/16/2024 | Sold | $3,200,000-12.3%$1,394/sqft |
Source:  CRMLS #NP24228909 Report a problem | ||
| 11/25/2024 | Pending sale | $3,650,000$1,590/sqft |
Source: CRMLS #NP24228909 Report a problem | ||
| 11/18/2024 | Contingent | $3,650,000$1,590/sqft |
Source: CRMLS #NP24228909 Report a problem | ||
| 11/7/2024 | Listed for sale | $3,650,000$1,590/sqft |
Source: CRMLS #NP24228909 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $36,787 +32.1% | $3,200,000 +36.5% |
| 2024 | $27,856 +2.5% | $2,343,558 +2% |
| 2023 | $27,172 +12.3% | $2,297,606 +2% |
| 2022 | $24,204 +1.9% | $2,252,555 +2% |
| 2021 | $23,742 +1% | $2,208,388 +1% |
| 2020 | $23,514 | $2,185,744 +2% |
| 2019 | $23,514 +2.1% | $2,142,887 +2% |
| 2018 | $23,030 +3.9% | $2,100,870 +2% |
| 2017 | $22,174 | $2,059,677 +2% |
| 2016 | $22,174 +2.3% | $2,019,292 +1.5% |
| 2015 | $21,677 +3.4% | $1,988,961 +2% |
| 2014 | $20,967 | $1,950,000 +155.2% |
| 2013 | -- | $764,137 +2% |
| 2012 | -- | $749,154 +2% |
| 2011 | -- | $734,465 +0.8% |
| 2010 | -- | $728,976 -0.2% |
| 2009 | -- | $730,708 +2% |
| 2008 | -- | $716,381 +2% |
| 2007 | -- | $702,335 +2% |
| 2006 | -- | $688,564 +2% |
| 2005 | -- | $675,063 +2% |
| 2004 | -- | $661,827 +1.9% |
| 2003 | -- | $649,698 +2% |
| 2002 | -- | $636,959 +2% |
| 2001 | $6,466 +2.6% | $624,470 +2% |
| 2000 | $6,304 | $612,226 |
Find assessor info on the county website
Neighborhood: 92662
Nearby homes
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Nearby schools
GreatSchools rating
- 9/10Abraham Lincoln Elementary SchoolGrades: K-6Distance: 2.1 mi
- 8/10Corona Del Mar High SchoolGrades: 7-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Lincoln
- Middle: Corona Del Mar
- High: Corona Del Mar
Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$4,149,600
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Estimated market value
$4,149,600
- California
- Orange County
- Newport Beach
- 92662
- 121 Topaz Ave
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