$3,200,000
SOLD JUN 4, 2021
4 Beds
2 Baths
2,658 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$1,204 Per Sq Ft

8% Below List Price

14 Days on Market

Highlights

  • Laundry Room
  • Central Heating
  • 1-Story Property
  • Abraham Lincoln Elementary School Rated A
  • 2 Car Garage

About This Home

As of February 2023

Welcome to 311 and 311 ½ Ruby Avenue, arguably one of the best locations on Balboa Island. Sitting on an oversized 45 foot lot this incredible duplex is a perfect inside and out. The front unit, 311 Ruby, features 3 bedrooms, 2 bathrooms. The unit opens to a beautiful side yard ideal for entertaining while taking in the beach breeze. The light and bright upstairs unit, 311 ½ Ruby, is a 1 bed, 1 bath unit located over the garage offering privacy to both tenants. Completing this beach retreat the property offers a 2 car garage, ample parking for both units and is centrally located to all of Balboa Islands activities, the ferry, restaurants, shopping and many local attractions. This is a perfect owner user opportunity or a great rental on the only street with a closed off swim area on the Island!

Last Agent to Sell the Property

Kim Bibb

Pacific Sotheby's Int'l Realty License #01210754 Listed on: 02/26/2021

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Georgie Fenton

Coldwell Banker Realty License #00990939

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 3,920 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Assigned Parking

Home Design

  • Duplex

Interior Spaces

  • 2,658 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating

Listing and Financial Details

  • Legal Lot and Block 22 / 12
  • Tax Tract Number 101
  • Assessor Parcel Number 05008116

Community Details

Overview

  • 2 Units
  • Balboa Island Main Island Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 05008116
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 1203.91

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Garage
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 3920.00
  • Lot Size Acres: 0.0900

Multi Family

  • Lot Size Area: 3920.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 1
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Rent Control: No

Tax Info

  • Tax Block: 12
  • Tax Census Tract: 630.06
  • Tax Lot: 22
  • Tax Tract Number: 101

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2023 02/01/23 Sold $3,800,000 -1.9% $1,968 / Sq Ft
01/06/2023 01/06/23 For Sale $3,875,000 +21.1% $2,007 / Sq Ft
01/03/2023 01/03/23 Pending -- -- --
06/04/2021 06/04/21 Sold $3,200,000 -8.4% $1,204 / Sq Ft
03/12/2021 03/12/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $3,495,000 0.0% $1,315 / Sq Ft
07/26/2019 07/26/19 Rented $5,500 0.0% --
05/31/2019 05/31/19 For Rent $5,500 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP21039445

California Regional Multiple Listing Service (CRMLS)

APN: 050-081-16