Extremely rare Balboa Island duplex centrally located on a quiet, wide avenue, midway between the bridge and iconic ferry, with a large 3 bedrooms/2 baths upstairs unit with laundry room and a recently renovated 3 bedrooms/2 baths downstairs unit and recently replaced roof. The 2 car attached garage, with laundry area for downstairs unit, may be accessed through side doors and via the alley. The property has gorgeous multi sized windows that let in plenty of sunshine. Options abound…live in one, rent the other. This property has tremendous income potential. Both units will be delivered vacant. Each kitchen is equipped for a gas range. Each also has a fireplace and/or built-in, storage, and unique features. Side and front patios plus enclosed parking provide yet more favorable features. Whether you are looking for a new home or an investment opportunity, this beautiful duplex ensures an iconic California lifestyle. Paired with a vibrant town that offers plenty of shopping, dining, and things to do, surrounded by more than 2 miles of waterfront public sidewalk, this property is a must-have.
Sold for $3,220,000
Listed by: Fiduciary Real Estate Services • Ruben Martinez • Contact: 949-273-8169
Bought with: First Team Real Estate
$3,220,000
223 Sapphire Ave, Newport Beach, CA 92662
6beds
2,756sqft
Duplex
Built in 1972
2,614 Square Feet Lot
$4,492,000 Zestimate®
$1,168/sqft
$6,199 Estimated rent
Home value
$4,492,000
$3.91M - $5.21M
$6,199/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Ruben Martinez DRE #01027549 ruben@fiduciaryrealestateservices.com,
Fiduciary Real Estate Services,
Logan Martinez DRE #01960924,
Fiduciary Real Estate Services
Bought with:
Darel Rosen, DRE #01301108
First Team Real Estate
Source: CRMLS,MLS#: OC24010676
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 2
- 3/4 bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Rooms
- Room types: Kitchen, Living Room, Primary Bathroom, Primary Bedroom
Cooling
- None
Appliances
- Laundry: See Remarks
Features
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,756 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: Front door
- Pool features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 2,614 Square Feet
- Features: Front Yard, Level, Rectangular Lot
Details
- Parcel number: 05009327
- Special conditions: Trust
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Duplex
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Biking, Curbs, Fishing, Hiking, Street Lights, Suburban, Sidewalks, Water Sports
- Subdivision: Balboa Island - Main Island (Balm)
Location
- Region: Newport Beach
Financial & listing details
- Price per square foot: $1,168/sqft
- Tax assessed value: $3,350,088
- Date on market: 1/17/2024
- Cumulative days on market: 23 days
- Listing terms: Cash to New Loan
Price history
| Date | Event | Price |
|---|---|---|
| 7/26/2024 | Listing removed | -- |
Source: CRMLS #OC24148461 Report a problem | ||
| 7/19/2024 | Listed for rent | $5,200-11.9%$2/sqft |
Source: CRMLS #OC24148461 Report a problem | ||
| 6/18/2024 | Listing removed | -- |
Source: CRMLS #OC24071557 Report a problem | ||
| 5/11/2024 | Price change | $5,900-7.8%$2/sqft |
Source: CRMLS #OC24071557 Report a problem | ||
| 4/27/2024 | Price change | $6,400-7.2%$2/sqft |
Source: CRMLS #OC24071557 Report a problem | ||
| 4/12/2024 | Listed for rent | $6,900$3/sqft |
Source: CRMLS #OC24071557 Report a problem | ||
| 3/6/2024 | Sold | $3,220,000+0.6%$1,168/sqft |
Source:  CRMLS #OC24010676 Report a problem | ||
| 2/10/2024 | Contingent | $3,200,000$1,161/sqft |
Source: CRMLS #OC24010676 Report a problem | ||
| 1/18/2024 | Listed for sale | $3,200,000$1,161/sqft |
Source: CRMLS #OC24010676 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $3,350,088 +2% |
| 2025 | $37,636 +0.2% | $3,284,400 +0.6% |
| 2024 | $37,551 -29.4% | $3,264,000 +2% |
| 2023 | $53,165 +337.7% | $3,200,000 +189.5% |
| 2022 | $12,146 +1.9% | $1,105,227 +2% |
| 2021 | $11,915 +1% | $1,083,556 +1% |
| 2020 | $11,800 | $1,072,446 +2% |
| 2019 | $11,800 +2.1% | $1,051,418 +2% |
| 2018 | $11,563 +3.8% | $1,030,802 +2% |
| 2017 | $11,136 | $1,010,591 +2% |
| 2016 | $11,136 +2.3% | $990,776 +1.5% |
| 2015 | $10,889 +3.4% | $975,894 +2% |
| 2014 | $10,530 | $956,778 +0.5% |
| 2013 | -- | $952,454 +2% |
| 2012 | -- | $933,779 +2% |
| 2011 | -- | $915,470 +0.8% |
| 2010 | -- | $908,629 -0.2% |
| 2009 | -- | $910,788 +2% |
| 2008 | -- | $892,930 +2% |
| 2007 | -- | $875,422 +2% |
| 2006 | -- | $858,257 +2% |
| 2005 | -- | $841,429 +2% |
| 2004 | -- | $824,931 +1.9% |
| 2003 | -- | $809,812 +2% |
| 2002 | -- | $793,934 +2% |
| 2001 | $8,028 +2.6% | $778,367 +2% |
| 2000 | $7,826 | $763,105 |
Find assessor info on the county website
Neighborhood: 92662
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GreatSchools rating
- 9/10Abraham Lincoln Elementary SchoolGrades: K-6Distance: 1.9 mi
- 8/10Corona Del Mar High SchoolGrades: 7-12Distance: 2.1 mi
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Estimated market value
$4,492,000
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Estimated market value
$4,492,000
- California
- Orange County
- Newport Beach
- 92662
- 223 Sapphire Ave
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