Newport Beach, CA 92662,117 Diamond AVE
Newport Beach, CA 92662,117 Diamond AVE
Newport Beach, CA 92662,117 Diamond AVE
26
$3,550,000
$3,250,000
9.2%
Est.Price: ?

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7 BD
4 BA
2,505 SqFt

117 Diamond AVE Newport Beach, CA 92662

Est. payment /mo
SOLD DATE : 05/24/2022

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Key Details

Sold Price $3,550,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,505 sqft

Price per Sqft $1,417

Subdivision Balboa Island - Main Island (Balm)

MLS Listing ID NP22077296

Bedrooms 7

Full Baths 2

Three Quarter Bath 2

Year Built 1945

Lot Size 2,613 Sqft

Property Description

Fantastic 7-bedroom, 4-bath Bay-View Duplex, just five doors from the South Bayfront in the beautiful 100 block of Diamond Avenue. The 3-bedroom, 2-bath first level unit has a Short Term Lodging Permit for use as a vacation rental. It offers an inviting living room with fireplace, breakfast nook with built-in seating, galley kitchen, and an idyllic tree-shaded front patio with Bay view. The second level unit provides 4 bedrooms and 2 baths, a spacious living room with fireplace, galley kitchen, dining area that looks out to the Bay, and a sunny rear patio off the primary suite. Both units have private indoor laundry areas adjacent to the kitchen, and the open carport in the rear can house 3 cars. Units with licensed vacation rentals in prime locations like 117 Diamond seldom come on the market and are a great investment opportunity; live in one unit and rent the other. This home will sell quickly!

Location

State CA

County Orange

Area N9 - Lower Newport Bay - Balboa Island

Zoning R 1.5

Interior

Heating Central, Wall Furnace

Cooling None

Flooring Carpet, Laminate

Fireplaces Type Living Room

Laundry Laundry Closet

Exterior

Pool None

Community Features Biking, Curbs, Fishing, Park, Street Lights, Sidewalks

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected

View Y/N Yes

View Bay

Building

Story 2

Sewer Sewer Tap Paid

Water Public

New Construction No

Schools

School District Newport Mesa Unified

Others

Acceptable Financing Cash, Cash to Existing Loan

Listing Terms Cash, Cash to Existing Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Donald Abrams • Abrams Coastal Properties
Bought with Donald Abrams • Abrams Coastal Properties

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Todd Kingsley

Agent | License ID: 02118744

+1(310) 710-8633

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