8 days on rocket

121 Topaz Ave, Newport Beach, CA, 92662

$3,650,000

0 Baths
Multi

Location

Image provided by Mapbox

Property Highlights

Home TypeDuplex
ParkingGarage
Garage2 spaces
Year Built1961
HeatingWall Furnace
FireplaceFamily Room
ViewNone
MLS #NP24224145
Lot Size0.06 Acres
StatusActive

About 121 Topaz Ave

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1961
  • Stories: 2

Listing Office:

  • Office Name: Compass
  • Office Phone: (949) 438-4340
  • Listing Agent: Brad Hinman

Interior Features

Interior Information:

  • Flooring Type: Carpet, Wood
  • Interior: Bedroom on Main Level
  • Fireplace: Family Room

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Garage

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

Other

Directions Information:

  • Directions: Park to Topaz.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,650,000

Tax Information:

  • Annual Amount: $23,742
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Newport Beach, CA.

Med. Sold Price

$3.4M

Med. Price/SqFt

$1,427

Avg. Days On Market

50

# of Sold Homes

68

121 Topaz Ave vs Newport Beach

8 DAYS ON ROCKET

-42 Days

$3,650,000

+$175K More

KEY TAKEAWAY

This property is $175K more than the Median Sold Price in Newport Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #NP24224145

Listing Office:

  • Office Name: Compass
  • Office Phone: (949) 438-4340
  • Listing Agent: Brad Hinman

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 4:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 10, 2013Home Sold
$1,950,000

Tax History

YEARPROP. TAXASSESSMENT
2021$23,742$2,208,388
2020$23,513$2,185,744
2019$22,571$2,142,887
2018$22,572$2,100,870
2017$22,174$2,059,677

History based on county public records data.

Payment Calculator

$18.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$11K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-442513
8
/10
  • Newport Elementary School

  • 1327 W Balboa Blvd

  • 1.25 miles

  • Public District Grades KG-6

school-card-donut-442514
9
/10
  • Harbor View Elementary School

  • 900 Goldenrod Ave

  • 1.59 miles

  • Public District Grades KG-6

school-card-donut-442515
7
/10
  • Mariners Elementary School

  • 2100 Mariners Dr

  • 1.85 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $89,674. The most common annual income of people living in Newport Beach, CA is between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

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Rocket HomesCaliforniaOrange CountyNewport Beach92662121 Topaz Ave

This home is located at 121 Topaz Ave in Newport Beach, CA and zip code 92662 in the Balboa Island neighborhood. This home, which was built in 1961, sits on a 0.06 acre lot. It has been listed on Rocket Homes since November 07, 2024 and is currently priced at $3,650,000.

In October 2024 more than 6 listings in Newport Beach, CA were sold above the asking price. During the same period more than 10 listings were sold at asking price, while more than 52 were sold below. The number of homes for sale in Newport Beach, CA increased by 2.6% between September 2024 and October 2024. The median list price of listings available in October 2024 was $3,475,000, while the average time on the real estate market was 50 days.

From Rocket Homes Real Estate and based on county public records data.

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