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.
MLS #
CROC24120988
MLS Source
California Regional MLS
Bedrooms
Ground Floor Bedroom, Other
Kitchen
Exhaust Fan, Other, Pantry
Appliances
Exhaust Fan, Hood Over Range, Microwave, Other, Oven - Electric, Refrigerator
Family Room
Other
Fireplace
Family Room
Flooring
Laminate
Laundry
In Kitchen
Cooling
Ceiling Fan, Window/Wall Unit
Heating
Wall Furnace
Roof
Shingle
Pool
None, Spa - Private
Style
Cape Cod, Traditional
Garage/Parking
Garage, Other, Garage: 2 Car(s)
Elementary District
Newport-Mesa Unified
High School District
Newport-Mesa Unified
HOA Fee
$0
Zoning
R2
136 Topaz Ave is a Duplex in Newport Beach, CA 92662. This 2,326 square foot property sits on a 2,550 Sq Ft Lot and features 6 bedrooms & 4 full bathrooms. It is currently priced at $3,150,000 and was built in 1956.
This address can also be written as 136 Topaz Ave, Newport Beach, CA 92662.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of August 16, 2024. For the most current information, please contact Duke Nguyen