About 121 Diamond Avenue
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 of 121 Diamond Avenue
| MLS® # | OC23212839 |
|---|---|
| Price | $3,100,000 |
| Bedrooms | 3 |
| Bathrooms | 4.00 |
| Acres | 0.06 |
| Year Built | 1977 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Style | Bungalow, Custom, Traditional |
| Status | Active Under Contract |
Community Information
| Address | 121 Diamond Avenue |
|---|---|
| Area | N9 - Lower Newport Bay - Balboa Island |
| Subdivision | Balboa Island - Main Island (BALM) |
| City | Newport Beach |
| County | Orange |
| State | CA |
| Zip Code | 92662 |
Amenities
| Utilities | Cable Available, Electricity Connected, Natural Gas Connected |
|---|---|
| Parking Spaces | 3 |
| Parking | Garage, Garage Faces Rear |
| # of Garages | 2 |
| Garages | Garage, Garage Faces Rear |
| View | Peek-A-Boo |
| Is Waterfront | No |
| Waterfront | Across the Road from Lake/Ocean, Beach Access, Ocean Access, Ocean Side Of Freeway, Ocean Side Of Highway |
| Has Pool | No |
| Pool | None |
Interior
| Interior | Carpet, Vinyl |
|---|---|
| Interior Features | Granite Counters, High Ceilings, Stone Counters, Unfurnished, All Bedrooms Up |
| Appliances | Electric Cooktop, Electric Oven, Gas Cooktop |
| Heating | Forced Air |
| Cooling | None |
| Has Basement | No |
| Fireplace | Yes |
| Fireplaces | Living Room, Primary Bedroom, Dining Room |
| # of Stories | 1 |
| Stories | Two |
Exterior
| Exterior | Stucco, Wood Siding |
|---|---|
| Lot Description | Front Yard, Rectangular Lot, Value In Land, Walkstreet |
| Windows | Plantation Shutters |
| Roof | Flat, Shake |
| Construction | Stucco, Wood Siding |
| Foundation | Slab |
Additional Information
| Date Listed | November 16th, 2023 |
|---|---|
| Days on Market | 21 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 0.00 |
Listing Details
| Agent | Michael Bojorquez |
|---|---|
| Office | Keller Williams OC Coastal Realty |