Search
Renovated Duplex With Attached Studio
For Sale
Contact for pricing

121 Topaz Ave, Newport Beach, CA 92662

Newport Beach, CA

Property Size1,800 SF
Lot Size0.06 Acres
Price / SF$5.42
Days on Market15

Property Features for 121 Topaz Ave

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 2, Bedroom 5, Bathroom 1, Bedroom 4, Bedroom 1, Family Room, Bedroom 3, Bathroom 2, Bathroom 3, Laundry Room
Parking 1
Parking features Garage
Window features Plantation Shutters, ENERGY STAR Qualified WIndows, Insulated Windows
Pets allowed Call
Interior features Quartz Counters, Unfurnished, Recessed Lighting
Fireplace 1
Appliances Water Heater, Built-In Range, Refrigerator, Dishwasher, Gas & Electric Range
Subdivision Balboa Island - Main Island (BALM)
Lot features Patio Home, Level with Street, Paved, Rectangular Lot, 2-5 Units/ Acre, Front Yard
Elementary school Newport
Middle school Corona Del Mar
High school Corona Del Mar
Elementary school district Newport Mesa Unified
Middle school district Newport Mesa Unified
High school district Newport Mesa Unified
Directions From Pacific Coast Highway, turn onto Jamboree Road and follow signs toward Balboa Island. Cross the bridge onto Balboa Island, continue on Marine Avenue, then turn right onto Park Avenue. Turn onto Topaz Avenue and continue to 121 Topaz Ave.
Standard status Active
APN 05005109
Size 1,800 SF
Lot size 0.06 Acres

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public
Water front features Ocean Access, Beach Access, Navigable Water, Lake
Water front 1

Amenities

brick fireplace
enclosed interior patio
front yard patio
laundry area

Building Details

Year built 1961
Floors in Building 2
Number of units 2
Flooring type Wood
Roof type Composition
Architectural style Other
Additional Structures Guest House
Listing Agency: The L3
Listed By: Dawn Nicolaisen · License #01982039
Added: Aug 16 Changed: Aug 28 Last Checked: Aug 30 at 4:06AM
MLS# OC26179487

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This duplex property provides an approximately 1,800-square-foot configuration with a two-story primary residence offering four bedrooms and two bathrooms, plus an attached studio with a private bathroom and kitchenette. The interiors were renovated approximately one year ago and include quartz counters, recessed lighting, wood flooring, central air, forced-air heating, and a brick fireplace. A one-car garage includes a designated laundry area.

Outdoor space includes an enclosed interior patio and a front yard patio. The property is positioned a few blocks from the Balboa Island Ferry, with access to the bay, beach, shops, restaurants, and the island village setting. Public water and public sewer serve the property, which occupies approximately 0.06 acres and was built in 1961.

Key Highlights

  • Approximately 1,800 square feet on a 0.06‑acre lot
  • 4‑bedroom, 2‑bathroom two‑story primary residence
  • Attached studio includes 1 bathroom and kitchenette

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Barber Shop Auto Repair Shop HVAC Service Auto Parts Store Electrical Service Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,049
Businesses Nearby

Demographics for 92662, CA

2,490
Population
1,869
Households
1.3
Avg Household Size
60
Median Age
68%
College-Educated
100%
High-School Grad
0.2 sq mi
ZIP Area
12,450
Density / Sq Mi
$162,045
Median Household Income
$83,322
Median Earnings
$2,736
Median Rent
$2,000,001
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Flexible two-unit layout includes a four-bedroom residence and private studio with kitchenette.
Where is this duplex located?
The property is located at 121 Topaz Ave Newport Beach, CA.
What are key features of this property?
This property features: Approximately 1,800 square feet on a 0.06‑acre lot; 4‑bedroom, 2‑bathroom two‑story primary residence; Attached studio includes 1 bathroom and kitchenette
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message