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Duplex with Garage Parking

306 RUBY Avenue, Newport Beach, CA 92662

For Sale
$3,350,000

Two distinct living areas offer a combined three bedrooms, three bathrooms, and a separate office.

Property Size1,100 SF
Price / SF$3,045
Days on Market11

Property Features for 306 RUBY Avenue

General Information

Standard status Active
Size 1,100 SF
Total Parking Spaces 2
Property subtype Duplex

Units

Unit Mix 1 x 2BR/2BA, 1 x 1BR/1BA
Multifamily Units 2

Additional Details

Road Access Yes

Building Details

Building Size 1,100 SF
Year Built 1936
Buildings 1
Construction cottage
Listing Agency: Innovate Realty, Inc.
Listed By: Michelle Mayo · License CA #02017420
Source: Velocityrealtysd
Added: Oct 30 Changed: Nov 8 Last Checked: Nov 8 at 3:12PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Innovate Realty, Inc.

Rey
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Investment Insights

Based on property information with market context.

This duplex was built in 1936 and contains approximately 1,100 square feet. The front cottage has two bedrooms and two bathrooms; a second living area adds one bedroom, one bathroom, and an office. Wood paneling and high ceilings are noted throughout the property. Parking includes a two-car garage and space for a golf cart.

The property is on Ruby Avenue in Newport Beach, with the North Bayfront a short walk away. Shops and restaurants are also nearby.

Key Highlights

  • Approximately 1,100 square feet
  • Front cottage with 2 bedrooms and 2 bathrooms
  • Additional living area with 1 bedroom, 1 bathroom, and an office

Property Analytics

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Lease Details

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,199
Businesses Nearby

Demographics for 92662, CA

2,490
Population
1,869
Households
1.3
Avg Household Size
60
Median Age
68%
College-Educated
100%
High-School Grad
0.2 sq mi
ZIP Area
12,450
Density / Sq Mi
$162,045
Median Household Income
$83,322
Median Earnings
$2,736
Median Rent
$2,000,001
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Duplexes in Newport Beach, CA

$1,452 Jul
$1,096 Aug
$1,210 Sep
$1,445 Oct

Properties on Market for Duplexes in Newport Beach

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two distinct living areas offer a combined three bedrooms, three bathrooms, and a separate office.
Where is this duplex located?
The property is located at 306 RUBY Avenue Newport Beach, CA.
What is the asking price?
The asking price for this property is $3,350,000.
What are key features of this property?
This property features: Approximately 1,100 square feet; Front cottage with 2 bedrooms and 2 bathrooms; Additional living area with 1 bedroom, 1 bathroom, and an office
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