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Sold

136 Topaz Avenue sold on August 15, 2024 for $3,150,000, 4.1% below the $3,285,000 asking price after 31 days on the market. The buyer financed the purchase. The details are below for reference.

DuplexSold · Aug 15, 2024

136 Topaz Avenue, Newport Beach, CA 92662

  • 6 beds
  • 4 baths
  • 2,326 sq ft
  • Built 1956

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$3,150,000

MLS# OC24120988

Subdivision Balboa Island - Main Island

14 duplexes sold in the past 12 months · median $3,764,855

See 18 homes for sale in Balboa Island - Main Island

The home

About 136 Topaz Avenue

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.

Property details for 136 Topaz Avenue

This 6-bedroom, 4-bath duplex sits in the Balboa Island - Main Island neighborhood of Newport Beach in Orange County. It has 2,326 square feet of living space. The home was built in 1956. The MLS record lists the assessor parcel number as 050-063-30. Highlights include a private spa, a fireplace, an attached two-car garage, air conditioning, and Cape Cod architecture.

Specifications

Home Details

General Features

Property Type
Duplex
MLS Number
OC24120988
Year Built
1956
Living Area (sq ft)
2,326
Living Area Source
Appraiser
Lot Size (sq ft)
2,550
Lot Size (acres)
0.0585
Levels
Two
Bedrooms
6
Full Baths
4
Garage Spaces
2
Parking Spaces
2
View
Neighborhood, Peek A Boo
Parcel Number
05006330
On Market Date
2024-06-21
Zoning
R2
Listing Terms
Standard, Trust

Interior Features

Interior Features
Built In Features, Brick Walls, Balcony, Ceiling Fans, Crown Molding, Granite Counters, In Law Floorplan, Pantry, Stone Counters, All Bedrooms Up, Bedroom On Main Level
Appliances
Electric Oven, Gas Cooktop, Microwave, Refrigerator, Range Hood, Vented Exhaust Fan, Water Heater
Flooring
Carpet, Laminate, Tile
Heating
Wall Furnace
Cooling
Wall Window Units
Fireplace
Family Room
Laundry
Electric Dryer Hookup, Gas Dryer Hookup, In Kitchen
Main Level Bedrooms
1
Main Level Bathrooms
2
Entry Level
1
Common Walls
No Common Walls
Windows
Bay Windows
Doors
French Doors

Exterior Features

Architectural Style
Cape Cod, Traditional
Roof
Shingle
Lot Features
Zero To One Unit Acre
Parking
Garage, No Driveway, Garage Faces Rear
Pool Features
None
Spa
In Ground, Private
Sewer
Public Sewer
Water
Public
Units
2

Community Features

Subdivision
Balboa Island - Main Island (BALM)
Community Features
Biking, Curbs, Fishing, Gutters, Street Lights, Sidewalks, Water Sports, Marina

The record

Property History for 136 Topaz Avenue

DateEventPriceNote
Aug 15, 2024 Sold $3,150,000
Jul 23, 2024 Status changed to Pending From Active Under Contract
Jul 16, 2024 Status changed to Active Under Contract From Active
Jun 21, 2024 Status changed to Active From Coming Soon
Jun 21, 2024 Listed for sale $3,285,000

No prior MLS sales on record for this home since 2012.

Next steps

Looking for something similar

136 Topaz Avenue is no longer on the market, but comparable homes come up in Newport Beach regularly. We can tell you what this one actually closed at and set up alerts for listings that match it.

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Selling near 136 Topaz Avenue

Thinking of selling nearby? We bring current Balboa Island - Main Island sales data and a clear pricing strategy to every listing, backed by more than 700 closed sales and over $1B in Orange County volume. Start with a free home valuation, or reach out to talk through your options.

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The neighborhood

About Newport Beach

Set along the Pacific in Orange County, Newport Beach surrounds Newport Harbor, where Balboa Island, Lido Isle, and the Balboa Peninsula frame one of California's largest recreational harbors. The city stretches from the Balboa and Newport piers to Corona del Mar and Fashion Island, within the Newport-Mesa Unified School District.

Balboa Island - Main Island home sales, past 12 months

Homes sold
14
Median price
$3,764,855
Median days on market
60
Median per sq ft
$1,662

Recorded MLS closings of duplexes, Nov 4, 2025 to Nov 4, 2026. Days on market run from listing to going under contract.

Recent Balboa Island - Main Island sales

AddressClosedPriceSq ftPer sq ftDays on market
224 Amethyst Sep 29, 2026 $3,736,710 2,805 $1,332 115
118 Emerald Aug 20, 2026 $3,350,000 1,893 $1,770 79
1403 N Bayfront Aug 3, 2026 $5,600,000 2,105 $2,660 27
216 Amethyst Jul 30, 2026 $3,180,000 2,363 $1,346 147
302 S Bay Front Jun 25, 2026 $7,105,000 2,926 $2,428 60

Schools

School District for 136 Topaz Avenue

As listed in the MLS record. Confirm attendance boundaries with the school district.

The MLS record lists the school district as Newport Mesa Unified.

Living in Newport Beach covers its schools, parks and beaches.

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Listed by Duke Nguyen of Equity Partners Real Estate and Lending Inc

Listing information updated Dec 4, 2024 at 7:23 PM PT. Source: CRMLS.

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