Description
A developer's dream in a desirable mid-island location! on the market for the first time, 126 sapphire, at the corner of park ave, is a treasured family duplex on a 2,550 sqft lot with original construction reportedly built in1938. owned by one family for almost 9 decades, modified and expanded over the years with unknown permit history, it is currently improved with two units. the front house consists of a 4 bedroom, 1 1/2 bathroom, 2-story home with 2 kitchen areas and a den. the upstairs rear unit has 3 bedrooms and 1 bathroom. convenient to marine ave shopping and dining, within a short walk to the balboa ferry, all that balboa island has to offer is walkable, and with less congestion.
listed separately: the adjacent 2,550 sqft parcel at 124 sapphire, (see mls#np25019868) is a vacant lot with covered storage/patios and open space. seller’s preference is to sell both parcels (total 5,100 sqft) to the same buyer, thus creating a once-in-a-lifetime opportunity with endless possibilities for the right buyer.
Property Type
ResidentialCounty
OrangeStyle
ResidentialAD ID
48608845
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 7
Bathroom Information
- Total Baths: 3
- Full Baths: 2
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Interior Features: All Bedrooms Up
- Fireplace: Family Room,Living Room
Cooling Features
- None
- Air Conditioning
Fireplace
- Fireplace Features: Family Room,Living Room
- Has Fireplace: 1
-
Exterior Features
Building Information
- Year Built: 1938
- Construction: Unknown
Pool Features
- None
Laundry Features
- None
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Public Records
- Lot Size Acres: 0.0585
- Lot Size Dimensions: 85x30
- Lot Size Source: Public Records
- Lot Size Square Feet: 2550
-
Listing Information
Listing Price Information
- Original List Price: 3,650,000
- Listing Contract Date: 2025-01-27
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 05011101
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: On Street
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: N9 - Lower Newport Bay - Balboa Island
- Directions: Balboa Island: Corner Park & Sapphire Ave
- Source Property Type: Residential
- Area: N9 - Lower Newport Bay - Balboa Island
- Property SubType: Duplex
Building and Construction
- Property Age: 87
- Common Walls: No Common Walls
- Property Condition: Additions/Alterations,Fixer,Repairs Major
- Structure Type: Duplex
- Year Built Source: Public Records
- Total Square Feet Living: 2370
- Entry Level: 1
- Entry Location: Front & Rear
- Levels or Stories: Two
- Building Total Stories: 2
- Structure Type: Duplex
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BuyOwner last updated this listing 02/22/2025 @ 10:54
- MLS: NP25018447
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 7 bedrooms which is for sale, it has 2,370 sqft, 2,550 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Newport Beach , in zip code 92662, this Orange County Home , it is in the Balboa Island - Main Island (BALM) Subdivision, are nearby neighborhoods.