121 Topaz Avenue

Newport Beach, CA 92662

$3,650,000
Price
7
Beds
4
Baths
2,296 Sq. Ft.
$1,590 / Sq. Ft.
2,296
Sq. Ft.
$1,590
per Sq. Ft.

Description

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....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.

Listing Agents

  1. Hinman Real Estate Group

    Hinman Real Estate Group

    Listing Agent

    Compass

    DRE #01186277

  2. Brad Hinman

    Brad Hinman

    Listing Agent

    Compass

    DRE #01186277

    brad.hinman@compass.com

    P: (949)-246-3221

  3. Jennifer Stock

    Jennifer Stock

    Alternative Listing Agent

    Compass

    DRE #01427320

Property Details for 121 Topaz Avenue

Architectural Style
Traditional
View
None
Parking Spaces Total
3
Private Pool
No
Cooling Type
N/K
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
LISTING UPDATED: 11/12/2024 03:33 AM

Property Details for 121 Topaz Avenue

StatusActive
MLS #NP24224145
Days on Market7
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential Income
Year Built1961
Lot Size0.06 AC / 2,614 SF
CountyOrange County

Virtual Tour

Building Information for 121 Topaz Avenue

Stories2Residences-Year Built1961Building Size-Lot Size0.06 AC / 2,614 SF

Property Information for 121 Topaz Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $94,548
  • Gross Scheduled Income: $94,548
  • Net Operating Income: $94,548
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Block: 11
  • Tax Tract Number: 99
  • Tax Census Tract: 630.06
  • CFD/Mello-Roos Fee: $3,086
  • Tax Lot: 13
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Special Assessments
  • Community Features: Curbs, Sidewalks
  • Complex Name: N/A
  • Association Name: N/A
Property / Structure Info
Interior Features
  • Interior Features: Unfurnished
  • Room Type: Main Floor Bedroom
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Bedroom Features: Main Floor Bedroom
  • Laundry: Yes
  • Laundry Features: In Garage
  • Laundry Location: Garage
  • Fireplace Features: Family Room
  • Fireplace Rooms: Family Room
  • Fireplace: FP in Living Room
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Heat Equipment: Wall/Gravity
  • Floor Coverings: Carpet, Wood
  • Flooring: Carpet, Wood
Exterior Features
  • Construction Materials: Brick, Lap Siding, Stucco
  • Exterior Construction: Brick, Stucco
  • Exterior: Brick, Stucco
  • Roof: Composition
  • Entry Location: 1
  • Fence: Yes
  • Fence: Vinyl
  • Fencing: Block, Vinyl
  • Structure Type: Duplex
  • View Description: None
  • Patio: Yes
  • Patio: Brick, Enclosed, Patio
  • Patio And Porch Features: Brick, Enclosed, Patio
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Sign on Property: No
  • Lot Features: Walkstreet
  • Lease Considered: No
  • Number Of Units: 2
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Utilities: See Remarks
  • Electric: See Remarks
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Garage
  • Uncovered Spaces: 1
  • Open Other Spaces Total: 1
  • Parking Non-Garage: Off Street
  • Parking Garage Spaces: 2
  • Parking Garage: Garage
  • Carport Spaces: 0
  • Attached Garage: Yes
  • Parking Features: Garage
Property / Structure Info
  • Builders Tract Name: Balboa Island - Main Island
  • Builders Tract Code: Balboa Island - Main Island (BALM)
  • Architectural Style: Traditional
  • Residential Styles: Townhome
  • Residential Unit Location: No Common Walls
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 5
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Actual Rent: $4,479
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Actual Rent: $3,400
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Property History for 121 Topaz Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 121 Topaz Avenue

Taxable ValueLand$2,240,417Additions$103,141Total$2,343,558
Tax Record2024$27,856 ($2,321 / month)
Home Facts
Total Finished SqFt1,148 SqFtAbove Grade Finished SqFt1,148 SqFtStories2Lot Size2,550 SqFtStyleDuplexYear Built1961CountyORANGEAPN050-051-09

Schools near 121 Topaz Avenue

This home is within Newport-Mesa Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 12
Public - K to 12
Public - 9 to 12
Rating
School
Distance
Abraham Lincoln Elementary School
PublicK to 6

Corona Del Mar High School
Public7 to 12

Monte Vista High School
PublicK to 12

Back Bay High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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121 Topaz Avenue is a townhouse for sale in Newport Beach, CA 92662. This property was listed for sale on November 7, 2024 by Compass, it's currently listed at $3,650,000. It has been on the market for a total of 7 days and was last sold on August 12, 2013. This listing's school district is Newport-Mesa Unified School District. Nearby schools include Abraham Lincoln Elementary School, Corona Del Mar High School and Monte Vista High School. 121 Topaz Avenue is a 7-bed, 4-bath, 2,296 sqft townhouse built in 1961.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Hinman Real Estate Group, DRE #01186277; Compass, Brad Hinman, DRE #01186277; Compass, Jennifer Stock, DRE #01427320

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.