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126 Sapphire Ave

Newport Beach, CA 92662

7 beds
3 baths
2,370 sqft
2,550 sqft lot
$1,540 per sqft
1938 build
– on site

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.

Listed By CRMLS_CA / Louise Stuart / Pacific Coast Realty Group / 949-278-4084

Last checked: Checking… • Last updated Feb 13, 2025 •

MLS# NP25018447 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1938
Year Built Source:

Public Records
New Construction:

No
Construction Materials:

Unknown
Total Number Of Units:

2
Structure Type:

Duplex
Stories Total:

2
Entry Level:

1
Common Walls:

No Common Walls

Interior

Levels:

Two
Entry Location:

Front & Rear
Room Type:

All Bedrooms Up, Den, Family Room
Living Area Units:

Square Feet
Living Area Source:

Public Records
Fireplace:

Yes
Fireplace:

Family Room, Living Room
Laundry:

None

Room Dimensions

Living Area:

2370.00

Location

Directions:

Balboa Island: Corner Park & Sapphire Ave
Latitude:

33.60556000
Longitude:

-117.89322000

The Property

Property Type:

Residential
Subtype:

Duplex
Property Condition:

Additions/Alterations, Fixer, Repairs Major
Lot Features:

Corner Lot, Value In Land
Lot Size Area:

2550.0000
Lot Size Dimensions:

85x30
Lot Size Acres:

0.0585
Lot Size SqFt:

2550.00
Lot Size Source:

Public Records
Lot Dimensions Source:

Public Records
View:

None
Road Frontage:

City Street
Road Surface Type:

Alley Paved, Paved
Additional Parcels:

No
Land Lease:

No
Lease Considered:

No

Listing Agent

Contact info:

Taxes

Tax Tract:

07067
Tax Lot:

17

Beds

Total Bedrooms:

7

Baths

Total Baths:

3
Full & Three Quarter Baths:

2
Main Level Baths:

1
Full Baths:

2
Quarter Baths:

1

The Listing

Special Listing Conditions:

Trust
Parcel Number:

05011101
Showings Begin:

2025-02-12

Heating & Cooling

Cooling:

No
Cooling:

None

Utilities

Utilities:

Electricity Connected, Sewer Connected, Water Connected
Sewer:

Public Sewer
Water Source:

Public

Schools

Elementary:

LINCOL
Elementary School:

Lincoln
Middle School:

Corona Del Mar
Middle School:

CODEMA
High School:

Corona Del Mar
High School:

CODEMA
High School District:

Newport Mesa Unified

The Community

Features:

Curbs, Sidewalks, Storm Drains, Street Lights, Suburban
Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Assessments:

Yes
Assessments:

Unknown

Parking

Parking:

No
Parking:

Street

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
2/12/25 Feb 12, 2025	Listed / Active	CRMLS_CA	$3,650,000

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This multifamily located in Balboa Island, Newport Beach, CA 92662 is currently for sale for $3,650,000. 126 Sapphire Ave is a 2,370 square foot multifamily with 7 beds and 3 baths that has been on Estately for 19 days. 126 Sapphire Ave is in the Balboa Island neighborhood of Newport Beach and has a WalkScore® of 78, making it very walkable. This multifamily is in the attendance area of Corona Del Mar High School.

Listing Courtesy of: CRMLS_CA and Pacific Coast Realty Group. Based on information from California Regional Multiple Listing Service, Inc. as of 23:32 on Mar 03.

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.