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46
Photos
136 Topaz Avenue, Newport Beach, CA 92662
$3,285,000 Asking Price
$---/mo Est. Payment Get Prequalified »
6
beds
4
baths
2,326
sqft
Built in
1956
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.
Features & Amenities
Interior
- General:
- Balcony,Granite Counters,Pantry,Stone Counters
- Laundry:
- Kitchen
- Flooring:
- Carpet,Laminate,Tile
- A/C:
- Wall/Window
- Heating:
- Wall/Gravity
- Fireplace:
- FP in Family Room
Exterior
- Style:
- Cape Cod,Traditional
- Other Structures:
- Guest House
- Pool:
- None
- Parking:
- No Driveway, Parking spaces: 2
Construction
- Roofing:
- Shingle
- General:
- 2 Story
Location
- HOA Amenities:
- 0.0
- Originating MLS:
- California Regional MLS
- County:
- Orange
Lot
- Zoning:
- R2, 05006330
- View:
- Neighborhood,Peek-A-Boo
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- California Regional MLS
This listing courtesy of:
Equity Partners Real Estate and Lending Inc, Duke Nguyen
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Newport Beach, CA
Housing
- Number of Units
- 32,933
- Median Home Value
- $1,108,062
- Median Rent
- $2,050
52.55% of housing units are renter occupied.
15.14% are vacant.
Commute
- Car
-
52.33%
- Public Transportation
-
0.19%
- Walk to Work
-
1.03%
- Work from Home
-
45.11%
- Other
-
0.65%
The median travel time to work is 15 minutes.
People
- Population
- 61,724
- Median Age
- 46.20
- Median Household Size
- 2.43
Education
- High School
-
7.46%
- Associate’s Degree
-
6.48%
- Bachelor’s Degree
-
40.94%
- Graduate Degree
-
26.28%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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