$3,100,000 - 121 Diamond Avenue, Newport Beach

  • 3Beds
  • 4Baths
  • 2,000SQ. Feet
  • 0.06Acres

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.

Sales Agent

Sam SmithNewport Beach Real EstatePhone: 949-444-1901Cell: 949-444-1901Contact Agent Now

Essential Information

  • MLS® #:OC23212713
  • Price:$3,100,000
  • Bedrooms:3
  • Bathrooms:4.00
  • Full Baths:3
  • Half Baths:1
  • Square Footage:2,000
  • Acres:0.06
  • Year Built:1977
  • Type:Residential
  • Sub-Type:Duplex
  • Style:Cape Cod, Traditional, Cottage
  • Status:Active Under Contract
  • Listing Agent:Michael Bojorquez
  • Listing Office:Keller Williams OC Coastal Realty

Community Information

  • Address:121 Diamond Avenue
  • Area:N9 - Lower Newport Bay - Balboa Island
  • Subdivision:Balboa Island - Main Island (BALM)
  • City:Newport Beach
  • County:Orange
  • State:CA
  • Zip Code:92662


  • Utilities:Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Parking Spaces:3
  • Parking:Garage, Garage Faces Rear, No Driveway
  • # of Garages:2
  • Garages:Garage, Garage Faces Rear, No Driveway
  • View:Peek-A-Boo
  • Waterfront:Across the Road from Lake/Ocean, Beach Access, Ocean Side Of Freeway, Ocean Side Of Highway
  • Pool:None


  • Interior:Carpet, Vinyl
  • Interior Features:Ceiling Fan(s), Cathedral Ceiling(s), Granite Counters, Multiple Staircases, Unfurnished, All Bedrooms Up, Primary Suite, Walk-In Closet(s), Sunken Living Room
  • Appliances:Electric Cooktop, Electric Oven, Gas Cooktop, Gas Water Heater, Water Heater
  • Heating:Forced Air
  • Cooling:None
  • Fireplace:Yes
  • Fireplaces:Living Room, Primary Bedroom, Kitchen
  • # of Stories:2
  • Stories:One


  • Exterior:Stucco, Wood Siding
  • Lot Description:Level, Rectangular Lot, Street Level, Value In Land, Walkstreet
  • Windows:Bay Window(s)
  • Roof:Flat, Shake
  • Construction:Stucco, Wood Siding
  • Foundation:Slab

School Information

  • District:Newport Mesa Unified

Additional Information

  • Date Listed:November 16th, 2023
  • Days on Market:22
  • HOA Fees:0.00

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Based on information from California Regional Multiple Listing Service, Inc. as of December 8th, 2023 at 12:16pm CST. 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.