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124 Sapphire Avenue, Newport Beach, CA 92662
Priced at Only: $6,800,000
For more Information Call Mobile: 714.478.6676
Address: 124 Sapphire Avenue, Newport Beach, CA 92662
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  • MLS#: NP25097121 ( Duplex )
  • Street Address: 124 Sapphire Avenue
  • Viewed: 5
  • Price: $6,800,000
  • Price sqft: $2,869
  • Waterfront: No
  • Year Built: 1938
  • Bldg sqft: 2370
  • Bedrooms: 5
  • Total Baths: 3
  • Full Baths: 1
  • 1/2 Baths: 1
  • Days On Market: 20
  • Additional Information
  • County: ORANGE
  • City: Newport Beach
  • Zipcode: 92662
  • Subdivision: Balboa Island Main Island (b
  • District: Newport Mesa Unified
  • Elementary School: LINCOL
  • Middle School: CODEMA
  • High School: CODEMA
  • Provided by: Pacific Coast Realty Group
  • Contact: Louise Louise
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    DEVELOPER'S DREAM! Rare Opportunity to Develop 2 Side by Side Balboa Island Lots! In a desirable mid Island location,126 & 124 Sapphire Ave, 2 parcels with separate APN numbers, at the corner of Park and Sapphire, have a combined total of app 5100 sqft. 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. 126 Sapphire: At the corner of Park Ave, this family Duplex reportedly built in 1938, has been modified and expanded over almost 9 decades with unknown permit history. Now a TEAR DOWN on an approx. 2550 2614 sqft lot., the 2 story front house was configured with up to 4 bedrooms, 1 1/2 bathrooms, 2 kitchen areas and a den. Upstairs in the rear is a unit of unknown sqft with up to 3 bedrooms & 1 bathroom. 124 Sapphire: The adjacent parcel is reported to be 2,550 sqft, best described as a vacant lot with covered storage/patios and open space. SELLER WILL ONLY CONSIDER SALE OF THE 2 PARCELS TO ONE BUYER. Sale of the 2 parcels is to be contingent upon concurrent closing of both parcels to a single buyer/builder/developer, thus creating a once in a lifetime opportunity with endless possibilities for the right buyer.
Features
Additional Parcels Description
  1. 05011102
Assessments
  1. Unknown
Association Fee
  1. 0.00
Commoninterest
  1. None
Common Walls
  1. No Common Walls
Cooling
  1. See Remarks
Country
  1. US
Days On Market
  1. 85
Elementary School
  1. LINCOL
Elementaryschool
  1. Lincoln
Entry Location
  1. Street
Fireplace Features
  1. See Remarks
Garage Spaces
  1. 0.00
High School
  1. CODEMA
Highschool
  1. Corona Del Mar
Laundry Features
  1. See Remarks
Levels
  1. Two
Living Area Source
  1. Assessor
Lockboxtype
  1. None
  2. Call Listing Office
Lot Dimensions Source
  1. Public Records
Lot Features
  1. Tear Down
  2. Value In Land
Middle School
  1. CODEMA
Middleorjuniorschool
  1. Corona Del Mar
Parcel Number
  1. 05011101
Parking Features
  1. Street
Pool Features
  1. None
Postalcodeplus4
  1. 1151
Property Type
  1. Duplex
School District
  1. Newport Mesa Unified
Sewer
  1. Public Sewer
Subdivision Name Other
  1. Balboa Island - Main Island (BALM)
View
  1. None
Water Source
  1. Public
Year Built
  1. 1938
Year Built Source
  1. Public Records
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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