121 Diamond Avenue, Newport Beach, CA


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Listing Agent
Michael Bojorquez - Keller Williams OC Coastal Realty

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


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 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 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

AgentMichael Bojorquez
OfficeKeller Williams OC Coastal Realty

Listing Map

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