123 Ruby Avenue,  Newport Beach CA, 92662 (Residential Income)

3,200 sqft
Status: Sold
MLS#: LG16167753
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Last Updated: 12/9/2016 2:47 AM
Description for 123 Ruby Avenue Newport Beach, CA 92662
One of the tallest buildings on Balboa Island. 3200 sq.ft of living space plus 800 sq.ft garage/storage/work space and an additional 1600 sq.ft. of unobstructed views from the rooftop deck. This magnificent home, containing 2 units, built and owned by the same family for over 40 years. Situated on a wide, desirable "100" block street with a sandy beach a 1/2 block away. A total of 5 bedrooms, one currently being used as an office, and 4 bathrooms. There is a 1 bedroom 1 bath, fully remodeled, separate apartment, ideal for rental income or guests. The ground floor covered patio is ideal for entertaining, offering shade and ocean breeze. A double door entry leads to a sweeping custom wrought iron staircase, the large living/dining room has soaring ceilings and a beautiful cast stone fireplace. The kitchen, with travertine floor, includes a dinette. In addition, there are 2 bedrooms and a bathroom on this floor. The continuing staircase leads to another large great room, with a beautiful carved fireplace and an incredible balcony- offering views of the bay, and vistas beyond. The master bed/bath with walk-in closet and an additional bedroom and bathroom complete this floor. A staircase continues to the full panoramic views of the ocean. Sold as is.
Price
Sold Price:
$2,660,000
Sold Date:11/01/2016
Orange
3,200 (approx)
LG16167753
Closed
Description
One of the tallest buildings on Balboa Island. 3200 sq.ft of living space plus 800 sq.ft garage/storage/work space and an additional 1600 sq.ft. of unobstructed views from the rooftop deck. This magnificent home, containing 2 units, built and owned by the same family for over 40 years. Situated on a wide, desirable "100" block street with a sandy beach a 1/2 block away. A total of 5 bedrooms, one currently being used as an office, and 4 bathrooms. There is a 1 bedroom 1 bath, fully remodeled, separate apartment, ideal for rental income or guests. The ground floor covered patio is ideal for entertaining, offering shade and ocean breeze. A double door entry leads to a sweeping custom wrought iron staircase, the large living/dining room has soaring ceilings and a beautiful cast stone fireplace. The kitchen, with travertine floor, includes a dinette. In addition, there are 2 bedrooms and a bathroom on this floor. The continuing staircase leads to another large great room, with a beautiful carved fireplace and an incredible balcony- offering views of the bay, and vistas beyond. The master bed/bath with walk-in closet and an additional bedroom and bathroom complete this floor. A staircase continues to the full panoramic views of the ocean. Sold as is.
Listing Information
Property Type: Cluster, Other
0.05 Acres 255,000 sq.ft. 3,200 (approx)
$831.25 1972
Yes- 3 spaces Stucco
Raised Foundation
2 Total
Neighborhood
Room Information
Foyer
Hookups in Garage
Bathtub, Shower
Interior Features
Dishwasher, Gas Range/Cooktop, Refrigerator
Carpet Wall to Wall, Stone
Central Air
Forced Air
Family Room, Living Room
High Ceiling, Ceilings Trey, Unfurnished
Exterior / Lot Features
3 Garage Spaces, 3 Parking Spaces
Stucco
Balcony
Asphalt
None
No Pool
City, Panoramic, Coastline View, Catalina Island View
Stucco Wall, Wood
Sidewalks, Street Lights, Sliding Glass Door, Custom Built
Driving Directions
Marine to Park. Note Ruby is a one way street. Cross Streets: Bayfront
Financial Considerations
05010121
Listing Price History

Newport Beach Real Estate

Newport Beach is located in California. Newport Beach, California 92662 has a population of 85,323.

The median household income in Newport Beach, California 92662 is $109,677. The median household income for the surrounding county is $75,566 compared to the national median of $53,046. The median age of people living in Newport Beach 92662 is 43.8 years.

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Courtesy: Surterre Properties Bernadette Whelan
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