CA > Newport Beach
Newport Beach, CA 92662,126 Sapphire Ave
Newport Beach, CA 92662,126 Sapphire Ave
Newport Beach, CA 92662,126 Sapphire Ave
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Ernie Caponera

Ernie Caponera

Newport Properties

+1(714) 606-0926
$3,650,000
Est. payment /mo
7 Beds
3 Baths
2,370 SqFt
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UPDATED:

02/13/2025 02:40 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,370 sqft

Price per Sqft $1,540

MLS Listing ID NP25018447

Bedrooms 7

Full Baths 2

Construction Status Additions/Alterations,Fixer,Repairs Major

HOA Y/N No

Year Built 1938

Lot Size 2,548 Sqft

Lot Dimensions Public Records

Property Sub-Type Duplex

Property 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.

Location

State CA

County Orange

Area N9 - Lower Newport Bay - Balboa Island

Interior

Interior Features All Bedrooms Up

Cooling None

Fireplaces Type Family Room, Living Room

Fireplace Yes

Laundry None

Exterior

Parking Features On Street

Pool None

Community Features Curbs, Storm Drain(s), Street Lights, Suburban, Sidewalks

Utilities Available Electricity Connected, Sewer Connected, Water Connected

View Y/N No

View None

Private Pool No

Building

Lot Description Corner Lot, Value In Land

Dwelling Type Duplex

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Additions/Alterations,Fixer,Repairs Major

Schools

Elementary Schools Lincoln

Middle Schools Corona Del Mar

High Schools Corona Del Mar

School District Newport Mesa Unified

Others

Senior Community No

Tax ID 05011101

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Trust

Read Less Info
California Regional MLS (CRMLS)
Listed by Louise Stuart • Pacific Coast Realty Group • 949-278-4084
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California, 92625, USA

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