121 Diamond Ave, Newport Beach, CA 92662
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121 Diamond Ave Newport Beach, CA 92662

$3,350,000 Sold Price as of 02/01/2024
  • 3 Beds
  • 3.5 Baths
  • 2,000 Sq.Ft.
Sold
$3,350,000 Sold Price as of 02/01/2024 Refinance Your Mortgage

Map preview of 121 Diamond Ave, Newport Beach, CA 92662

Property Overview: 121 Diamond Ave Newport Beach, CA has 3 bedrooms, 3.5 bathrooms, 2,000 living square feet and 2,614 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 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.

Listed by Michael Bojorquez | BRE #01273181 | Keller Williams OC Coastal Realty
Last checked: 15 minutes ago | Last updated: February 2nd, 2024 | Source CRMLS | DOM: 16

Home details

Lot Sq. Ft
2,614
HOA Dues
$0/mo
Year built
1977
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
OC23212713
City
Newport Beach
County
Orange
Time on Site
171 days

Virtual Tour

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Property Details for 121 Diamond Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • In Garage
Fireplace Information
  • Has Fireplace
  • Kitchen, Living Room, Primary Bedroom
Room Information
  • Downstairs Bedrooms: 0
  • Downstairs Bathrooms: 1
  • Eating Area: Breakfast Nook, Dining Room
  • Flooring: Carpet, Vinyl
  • All Bedrooms Up, Converted Bedroom, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Primary Suite, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Electric Oven, Electric Cooktop, Gas Cooktop, Gas Water Heater, Water Heater
  • Kitchen Island
Bathroom Information
  • # of Baths (Full): 3
  • # of Baths (1/2): 1
Interior Features
  • 2 Staircases, Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, Sunken Living Room, Unfurnished
  • Levels: One
  • Window Features: Bay Window(s)
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Door Features: French Doors
Exterior Features
Exterior Information
  • Roof: Flat, Shake
  • Has Fence
  • Average Condition
  • Other Structures: Guest House
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Brick, Concrete
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Garage, Garage Faces Rear, No Driveway
  • Has Attached Garage
Lot Information
  • Lot Features: Level with Street, Rectangular Lot, Level, Value In Land, Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Peek-A-Boo
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 05010221
  • Year Built Source: Estimated
  • Architectural Style: Cape Cod, Cottage, Traditional
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is not Attached
  • Accessibility Features: None
  • Property Condition: Fixer
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Sewer Assessments, Sewer Bonds
Schools
School Information
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Island - Main Island (BALM)
  • Directions: From Park go south onto Diamond. House on right hand side.
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Paved
Neighborhood Information
  • Community Features: Biking, Curbs, Fishing, Gutters, Watersports, Sidewalks, Street Lights
View more facts & features

Local Newport Beach Agent

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Sale History for 121 Diamond Ave

Last sold for $3,350,000 on February 1st, 2024
  • February, 2024

  • Feb 1, 2024

    Date

    Sold

    CRMLS: OC23212713

    $3,350,000

    Price

  • Nov 16, 2023

    Date

    Active

    CRMLS: OC23212713

    $3,100,000

    Price

  • February, 2024

  • Feb 1, 2024

    Date

    Sold

    CRMLS: OC23212839

    $3,350,000

    Price

  • Nov 16, 2023

    Date

    Active

    CRMLS: OC23212839

    $3,100,000

    Price

  • Listing provided courtesy of CRMLS

  • February, 2022

  • Feb 10, 2022

    Date

    Leased

    CRMLS: PW22020714

    $5,100

    Price

  • Feb 2, 2022

    Date

    Active

    CRMLS: PW22020714

    $5,100

    Price

  • Listing provided courtesy of CRMLS

    Long Term Rental. Enjoy the Balboa Island life style. This 2 bedroom, 3 bath, 2-garage is ready to enjoy. Enter to the step down Living Room with Bay-view window. Full size kitchen, Island with electric cook top and dining area. Family Room to the rear of unit. Patio at front of house and 2nd enclosed private patio on the side. Large upstairs Master Bedroom with nice size study, vaulted ceiling, ceiling fan, walk-in closet, Bay-view window and Bathroom. An Island must, 2-car garage with direct access at rear. Couple of minutes walk and you are at the water.

  • August, 2020

  • Aug 15, 2020

    Date

    Leased

    CRMLS: PW20132097

    $4,500

    Price

  • Jul 31, 2020

    Date

    Hold

    CRMLS: PW20132097

    $4,900

    Price

  • Jul 22, 2020

    Date

    Active

    CRMLS: PW20132097

    $4,900

    Price

  • Jul 16, 2020

    Date

    Hold

    CRMLS: PW20132097

    $4,900

    Price

  • Jul 14, 2020

    Date

    Active

    CRMLS: PW20132097

    $4,900

    Price

  • Listing provided courtesy of CRMLS

    Long Term Rental. Enjoy the Balboa Island life style. This 2 bedroom, 3 bath has fresh paint, new vinyl flooring and ready to enjoy. Enter the step down Living Room with Bay-view window. Full size kitchen, island with electric cook top and dining area. Family Room to the rear of unit. Patio at front of house and a 2nd enclosed private patio on the side. Large upstairs Master Bedroom with nice size study, vaulted ceiling, ceiling fan, walk-in closet, Bay-view window and 3/4 Bath. An Island must, 2-car garage with direct access at rear. You are only 7 houses from the water.

  • December, 2005

  • Dec 8, 2005

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 121 Diamond Ave

Assessed Value (2020): $281,190
Year Land Value Improved Value Assessed Value
2020 $163,090 $118,100 $281,190

Home Value Compared to the Market

This property vs the competition

121 Diamond Ave sold on February 1, 2024 for 16.22% lower than the current median sold price for the city of Newport Beach which is $3,700,000. The median sold price per/sqft for Newport Beach is $1,360 and this home is sold at $1550 per/sqft which puts the price per square foot 13.97% higher than the current median sale per square foot for the city of Newport Beach.

About 121 Diamond Ave

Detailed summary of property

121 Diamond Ave is a duplex that recently sold in Newport Beach, CA 92662. This duplex offered 3 bedrooms, 3.5 bathrooms, roughly 2,000 living square feet, and sits on an approximately 2,614 square foot lot. 121 Diamond Ave was first listed on ArdentRealEstateGroup.com on November 16, 2023. The homeowner sold the property for $3,350,000. Home in Newport Beach are selling for a median price of $3,700,000 and a median price per square foot of $1,360. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is sold 16.22% lower than the current median priced home. Local homes that are currently for sale include 353 Hamilton St, 210 Grant St and 210 Grant St. While the average home in Newport Beach, CA is selling in 73 days, 121 Diamond Ave has a days on market of 16 days. There are currently 275 homes for sale in the Newport Beach real estate market and 208 of them are single family homes while 54 of them are condos and 13 are townhomes. For more information on this home for sale at 121 Diamond Ave Newport Beach, CA 92662 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 121 Diamond Ave

Public county record property details
Beds
2
Baths
1
Year built
1977
Sq. Ft.
1,820
Lot Size
2,232
Stories
1
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Orange
Lot#
13
APN
050-102-21

The source for these homes facts are from public records.

92662 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$4,850,000
Median List Price/Sq.Ft.
$2,379
Median Sold Price
$6,300,000
Median Sold Price/Sq.Ft.
$2,734
Total Inventory
11
Median Sale to List Price %
98.51%
Avg Days on Market
19
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (66.67%), Other (33.33%)

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Related Resources to 121 Diamond Ave

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.