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Newport Coast CA Real Estate & Commercial for Sale

The median home value in Newport Coast, CA is $5,787,500. The national median home value is $308,980. The average price of homes sold in Newport Coast, CA is $5,787,500. Newport Coast real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Newport Coast real estate agent to arrange a tour today!
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Showing Homes Nearby Newport Coast, CA
Beds:
n/a
Baths:
Sq.Ft.:
4,297
Status:
NEW LISTING
MLS#:
LG24086236
Type:
Retail, Business Opportunities
Lot size:
0.15 Acres
Year built:
1949
Listing Agent: Victoria Strombom CalDRE: 00886773 - Surterre Properties Victoria Strombom CalDRE: 00886773
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Prime ocean side corner location along Pacific Coast Highway offering unparalleled drive by and pedestrian visibility in sought after Corona Del Mar. This commercial property currently featuring 3 retail stores offers ease of access, high traffic locale and readily available parking on and around the property. Offering convenient proximity to Fashion Island, Resorts and John Wayne Airport.

Beds:
n/a
Baths:
Sq.Ft.:
1,559
Status:
Active
MLS#:
NP24024850
Type:
Mixed Use, Business Opportunities
Lot size:
0.05 Acres
Year built:
1946
Listing Agent: Annie Clougherty CalDRE: 01716801 - Compass, 949-375-3037 Annie Clougherty CalDRE: 01716801
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A rare and unparalleled opportunity arises with the offering of Sugar n' Spice, an enduring symbol of Balboa Island's rich history and community spirit. Established in 1945, this beloved property has stood the test of time, serving as a beacon of nostalgia and culinary delight for nearly eight decades. From its humble beginnings, Sugar n' Spice has woven itself into the fabric of the island, becoming a cherished destination where locals and visitors alike gather to indulge in its signature treats, including Balboa Bars and chocolate-dipped frozen bananas.Beyond its culinary offerings, Sugar n' Spice holds a special place in the hearts of the community, serving as a backdrop for countless memories and shared experiences. Generations of families have frequented this beloved landmark, forging connections and traditions that span lifetimes. With its timeless charm and storied history, Sugar n' Spice presents a unique opportunity for discerning buyers to own a piece of Balboa Island's heritage and continue the legacy of this treasured establishment. The property is mixed-use and offers a great residential unit in the rear of the building. Recent visual upgrades for this expansive three-bedroom and two-bathroom property include new paint, new lighting, new luxury vinyl plank flooring and a new roof. Things that are important also to a prospective Buyer that you might not see are the hardware & lining of the wastewater pipes were replaced and redone, as well as newly replaced drainage pipes in the front shop were also recently completed. The property is being sold in conjunction with the sale of the business through a private attorney.Both the front shop and back unit are both used by the current owner, so there is no lease history. However, based on the comparables on Marine, the current back residential could rent for $4850/month. The last commercial lease on BBI on Marine was at $15.29/square foot, comping this out at $6000/month for the front shop.

Beds:
n/a
Baths:
Sq.Ft.:
4,704
Status:
Active
MLS#:
OC24055258
Type:
Multi-Family, Business Opportunities
Lot size:
0.08 Acres
Year built:
1909
Listing Agent: Shevy Akason CalDRE: 01836707 - Keller Williams Realty N. Tustin, 949-769-1599 Shevy Akason CalDRE: 01836707
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10 Profitable rental units! This is a rare investment opportunity, located oceanfront on the Balboa Peninsula between the pier and the wedge. You will not find another oceanfront investment opportunity on the Peninsula with 10 units at this price. The property comes with short term rental permits, the current waiting list for permits it's 100's deep. The units are furnished, professionally designed, recently remodeled, and fully operating. Stop into a fully operating successful vacation rental, earning income day one. Four of the units feature unobstructed panoramic views of the ocean, Catalina and sunsets. Enjoy all oceanfront living on the Peninsula has to offer including the beach, the waves, beautiful sunsets, the pier and park. Ample entertainment options like the Balboa Fun Zone, ferry to Balboa Island, shops and great restaurants are just a short walk away. Your own porch right on the beach, ocean view of the world famous wedge to the Balboa Pier, you can't beat this location. Boogie board, surf, bike, stroll the pier and boardwalk, play at the oceanfront park and grab a coffee at one of the many cafes. There are three driveway parking spots and a coin operating inside the laundry room for the tenants.

Beds:
n/a
Baths:
Sq.Ft.:
3,375
Status:
Active
MLS#:
NP24081294
Type:
Office, Business Opportunities
Lot size:
0.64 Acres
Listing Agent: Kristen Annett CalDRE: 01859824 - A Street Partners Inc. Kristen Annett CalDRE: 01859824
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Don't miss this exclusive opportunity to own in Newport Beach's only available Class A office condos. Condominiums range from 2,000 - 10,500 SF and are nestled in the peaceful oasis of Koll Center, in a pristine office campus environment. Buyers will enjoy a prestigious location with access to 5 Star Newport Beach dining and accommodations.

Beds:
n/a
Baths:
Sq.Ft.:
3,473
Status:
Active
MLS#:
NP24081307
Type:
Office, Business Opportunities
Lot size:
0.64 Acres
Listing Agent: Kristen Annett CalDRE: 01859824 - A Street Partners Inc. Kristen Annett CalDRE: 01859824
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Don't miss this exclusive opportunity to own in Newport Beach's only available Class A office condos. Condominiums range from 2,000 - 10,500 SF and are nestled in the peaceful oasis of Koll Center, in a pristine office campus environment. Buyers will enjoy a prestigious location with access to 5 Star Newport Beach dining and accommodations.

Beds:
n/a
Baths:
Sq.Ft.:
6,189
Status:
Active
MLS#:
NP24081265
Type:
Office, Business Opportunities
Lot size:
0.64 Acres
Listing Agent: Kristen Annett CalDRE: 01859824 - A Street Partners Inc. Kristen Annett CalDRE: 01859824
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Exclusive opportunity to own in Newport Beach's only available Class A office condos. Condos ranging from 2,000 - 10,500 SF nestled in the peaceful oasis of Koll Center, in a pristine office campus environment. Buyers will enjoy a prestigious location with access to 5 star Newport Beach dining and accommodations.

Beds:
n/a
Baths:
Sq.Ft.:
2,264
Status:
Active
MLS#:
NP24081316
Type:
Office, Business Opportunities
Lot size:
0.64 Acres
Listing Agent: Kristen Annett CalDRE: 01859824 - A Street Partners Inc. Kristen Annett CalDRE: 01859824
View additional info

Don't miss this exclusive opportunity to own in Newport Beach's only available Class A office condos. Condominiums range from 2,000 - 10,500 SF and are nestled in the peaceful oasis of Koll Center, in a pristine office campus environment. Buyers will enjoy a prestigious location with access to 5 Star Newport Beach dining and accommodations.

Beds:
n/a
Baths:
Sq.Ft.:
3,439
Status:
Active
MLS#:
NP24081320
Type:
Office, Business Opportunities
Lot size:
0.64 Acres
Listing Agent: Kristen Annett CalDRE: 01859824 - A Street Partners Inc. Kristen Annett CalDRE: 01859824
View additional info

Don't miss this exclusive opportunity to own in Newport Beach's only available Class A office condos. Condominiums range from 2,000 - 10,500 SF and are nestled in the peaceful oasis of Koll Center, in a pristine office campus environment. Buyers will enjoy a prestigious location with access to 5 Star Newport Beach dining and???????????????????????????????????????? accommodations.

Beds:
n/a
Baths:
Sq.Ft.:
2,281
Status:
Active
MLS#:
NP24081338
Type:
Office, Business Opportunities
Lot size:
0.64 Acres
Listing Agent: Kristen Annett CalDRE: 01859824 - A Street Partners Inc. Kristen Annett CalDRE: 01859824
View additional info

Don't miss this exclusive opportunity to own in Newport Beach's only available Class A office condos. Condominiums range from 2,000 - 10,500 SF and are nestled in the peaceful oasis of Koll Center, in a pristine office campus environment. Buyers will enjoy a prestigious location with access to 5 Star Newport Beach dining and accommodations.

Beds:
n/a
Baths:
Sq.Ft.:
2,507
Status:
Active
MLS#:
NP24081323
Type:
Office, Business Opportunities
Lot size:
0.64 Acres
Listing Agent: Kristen Annett CalDRE: 01859824 - A Street Partners Inc. Kristen Annett CalDRE: 01859824
View additional info

Don't miss this exclusive opportunity to own in Newport Beach's only available Class A office condos. Condominiums range from 2,000 - 10,500 SF and are nestled in the peaceful oasis of Koll Center, in a pristine office campus environment. Buyers will enjoy a prestigious location with access to 5 Star Newport Beach dining and accommodations.

Beds:
n/a
Baths:
Sq.Ft.:
4,867
Status:
Active
MLS#:
NP24081331
Type:
Office, Business Opportunities
Lot size:
0.64 Acres
Listing Agent: Kristen Annett CalDRE: 01859824 - A Street Partners Inc. Kristen Annett CalDRE: 01859824
View additional info

Don't miss this exclusive opportunity to own in Newport Beach's only available Class A office condos. Condominiums range from 2,000 - 10,500 SF and are nestled in the peaceful oasis of Koll Center, in a pristine office campus environment. Buyers will enjoy a prestigious location with access to 5 Star Newport Beach dining and accommodations.

Beds:
n/a
Baths:
Sq.Ft.:
2,934
Status:
Active
MLS#:
NP24081303
Type:
Office, Business Opportunities
Lot size:
0.64 Acres
Listing Agent: Kristen Annett CalDRE: 01859824 - A Street Partners Inc. Kristen Annett CalDRE: 01859824
View additional info

Don't miss this exclusive opportunity to own in Newport Beach's only available Class A office condos. Condominiums range from 2,000 - 10,500 SF and are nestled in the peaceful oasis of Koll Center, in a pristine office campus environment. Buyers will enjoy a prestigious location with access to 5 Star Newport Beach dining and accommodations.

Beds:
n/a
Baths:
Sq.Ft.:
2,610
Status:
Active
MLS#:
NP24081283
Type:
Office, Business Opportunities
Lot size:
0.64 Acres
Listing Agent: Kristen Annett CalDRE: 01859824 - A Street Partners Inc. Kristen Annett CalDRE: 01859824
View additional info

Don't miss this exclusive opportunity to own in Newport Beach's only available Class A office condos. Condominiums range from 2,000 - 10,500 SF and are nestled in the peaceful oasis of Koll Center, in a pristine office campus environment. Buyers will enjoy a prestigious location with access to 5 Star Newport Beach dining and accommodations.

Beds:
n/a
Baths:
Sq.Ft.:
5,300
Status:
Active
MLS#:
LG24011840
Type:
Office, Business Opportunities
Lot size:
0.18 Acres
Year built:
1983
Listing Agent: Clark Smith CalDRE: 00410465 - Realatrends, 949-494-8830 Clark Smith CalDRE: 00410465
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Situated at 410 Broadway in Laguna Beach, this freestanding commercial building serves as a prominent gateway to this premier worldwide destination known for its beauty and global recognition. The property boasts approximately 5,300 square feet, featuring 17 office spaces that can accommodate various business ventures or be combined into one or two attractive offices. Two story building permitted for office use on both levels. With 11 convenient parking spaces, accessibility for tenants and customers is enhanced. The building's highly visible location at the forefront of Laguna Beach's entranceway makes it a landmark statement and an easily recognizable entrepreneurial opportunity. Ideal for individuals looking to expand or establish their market presence in Laguna Beach, the flexible floor plan includes a welcoming conference room, a kitchen, and separate restrooms. Close proximity to the ocean and Main Beach. Approximately 970 square feet of floor decks. Fantastic owner user building with significant income potential. Floor plan renderings for possibly converting the upper level into 5 studio residential units.

Beds:
n/a
Baths:
Sq.Ft.:
4,800
Status:
Active
MLS#:
NP24028350
Type:
Multi-Family, Business Opportunities
Lot size:
0.45 Acres
Year built:
1959
Listing Agent: Veronica Hicks CalDRE: 01443184 - Condos Etc, Inc, 714-336-5551 Veronica Hicks CalDRE: 01443184
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6 UNIT COMPLEX COMPLETELY REMODELED WITH RARE MARKET VALUE RENTS SO THAT YOU AREN'T BELOW MARKET OUT OF THE GATE. This complex offers investors the best return for a low and easy management opportunity WITH POTENTIAL FOR ADU AND ADDITIONAL INCOME. 2658 Santa Ana is a lucrative investment opportunity in the heart of Popular Eastside Costa Mesa a commercial multifamily property that epitomizes turnkey perfection. Ideal for the discerning investor seeking immediate profitability without the hassle of renovations, this property is poised to deliver both financial success and peace of mind.Strategically located near the 55 Freeway, 17th Street, South Coast Plaza, The Back Bay, and Newport Beach, this multifamily gem is surrounded by desirable amenities and prime destinations. The property comprises six detached bungalows, each with a garage and 1-2 parking spaces, ensuring convenience for both residents and guests.Recently remodeled in late 2022, this property shines with a cohesive aesthetic, presenting near-identical units that showcase meticulous attention to detail. Every aspect of these bungalows has been thoughtfully upgraded, from the new kitchens and baths to the flooring, doors, paint, gutters, and roofing, creating a harmonious living experience.Embrace modern comfort with air-conditioned interiors, featuring three mini-split systems in each bungalow for personalized climate control. Step outside to discover oversized, meticulously landscaped yards, providing residents with a private oasis and an inviting atmosphere for outdoor activities.Unlock additional value with the potential for an Accessory Dwelling Unit (ADU), offering flexibility in usage and increased investment potential. Currently boasting a remarkable 100% occupancy rate at market rents, this property is fully leased up, providing a secure and immediate return on investment.In summary, this commercial multifamily property is more than just an investment; it's a turnkey opportunity for the savvy investor looking to capitalize on a prime location, modern amenities, and a seamless, income-generating property. Secure your stake in the thriving Eastside Costa Mesa community today!

Beds:
n/a
Baths:
Sq.Ft.:
6,129
Status:
Active
MLS#:
PW24038040
Type:
Retail, Business Opportunities
Lot size:
0.1 Acres
Year built:
1948
Listing Agent: Gregory Jones CalDRE: 00661121 - Jones Real Estate, [email protected] Gregory Jones CalDRE: 00661121
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Trophy Asset for Sale in the Downtown Area of Laguna Beach. A Mixed-Use property consisting of 3, high-image commercial spaces and 5, upscale residences. The entire property has been remodeled inside and out over the last 2 years. 100% occupied with short to long term leases in place. Located across the street from The Cliff Restaurant and up the street from Hotel Laguna. Walking distance to the beach and near all downtown shopping and restaurants. *Please Do Not Disturb Tenants*

Beds:
n/a
Baths:
Sq.Ft.:
4,836
Status:
Active
MLS#:
NP24002733
Type:
Business Opportunities
Lot size:
0.11 Acres
Year built:
2021
Listing Agent: Mehdi Khosh CalDRE: 00892388 - Berkshire Hathaway HomeService, 714-609-2361 Mehdi Khosh CalDRE: 00892388
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Welcome to a Luxury Car Condo, nestled within the prestigious Finish Line Auto Club at 3080 Airway Ave, Costa Mesa, CA 92626. Unveiled in 2021, this exclusive enclave is designed specifically for the discerning collector seeking unparalleled storage for their automotive treasures.Your gateway to automotive luxury begins at The Finish Line Auto Club, where ownership means more than mere storageit's an opportunity to customize a space tailored to your specific needs. Spanning a total of 4,836 square feet, including a generous mezzanine, this space redefines the concept of automobile storage.A 12 x 12 glass garage door beckons you into a world where your collection takes center stage. With ceilings soaring up to 24 feet, the atmosphere is both grand and spacious, allowing for highly customizable configurations. To ensure the utmost safety, an air vac system is in place to control carbon monoxide levels, guaranteeing a secure environment for your cherished vehicles.This Luxury Car Condo boasts the capacity to house up to 15 cars, and with the potential addition of lifts, that number can soar to an impressive 20 cars. But it's not just about storage; it's about lifestyle. Additionally this is the only unit in the complex with a private patio, you have the exclusive privilege of enjoying outdoor spaces that complement your refined taste.Immerse yourself in the epitome of luxury and security, where every detail is meticulously crafted to cater to the needs of the true motor enthusiast. Make This Luxury Car Condo your haven within the Finish Line Auto Clubwhere ownership is an experience and your automotive passion finds its perfect home. Association dues are $2,900.00 per month. https://www.instagram.com/finishlineautoclub/?hl=en

Beds:
n/a
Baths:
Sq.Ft.:
4,950
Status:
Active
MLS#:
OC24043839
Type:
Office, Business Opportunities
Lot size:
0.06 Acres
Year built:
2007
Listing Agent: Patrick Norris CalDRE: 01934075 - Coldwell Banker Realty, 949-697-5579 Patrick Norris CalDRE: 01934075
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This high image building in Bacchus Office Park has a very professional environment with modern colors and dcor, perfect for impressing your potential and existing clients. The building has a double-door lobby entrance with a floor-to-ceiling water wall feature. Suite 100 space includes a large conference room surrounded by glass walls, as well as the water feature from the lobby, an executive office, and two open areas for workstations currently configured with 9 workstations, as well as a large copy/file room. Suite 200 has two executive offices and a large workstation area currently with 20 workstations. The lobby contains restrooms and kitchenette. No expense was spared when building out this building, including high-end finishes, lobby water feature, magnetic lock security system, enhanced dropped ceiling design, and Cat 6 phone and internet cabling. The building also offers creative features including full-wall whiteboard space and multi-teared ceilings. Located in the highly desired and convenient Irvine Spectrum area. Immediate 5, 405, & 133 Freeway Access. Building Signage facing Bake Parkway and the parking lot. Zoned as 4.2D-Community Commercial - Not R&D. Its zoned usage is office with 4:1000 parking.Perfect for owner-occupied and/or investment use. NOTE: Photos are not recent - Accent wall colors have been updated. New photos available soon.Highlights: - Professional office park - Bacchus Office Park - Ideal 4.2D Zoning for General Office - Immediate 5, 405, & 133 Freeway Access - Building Signage facing Bake Pkwy and parking lot - Divisible Suites, by Floor.Furniture and fixtures - most can be included in the sale at a reasonable offer???????????????????????????????????????? price.

Beds:
n/a
Baths:
Sq.Ft.:
10,796
Status:
Active
MLS#:
OC23208337
Type:
Retail, Business Opportunities
Lot size:
0.13 Acres
Year built:
2023
Listing Agent: Yubo Mu CalDRE: 01921557 - Pinnacle Real Estate Group, 949-258-2228 Yubo Mu CalDRE: 01921557
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State-of-the-Art Free-Standing Structure. The Red Dragon Building For Sale (Only building not business) A Rare and Exceptional Investment Opportunity. Impressive CAP rate of 5.6%Long-Term (10) Year Lease Absolute NNN Lease With Annual 3% IncreasesFull-service bar and restaurant featuring an Ocean View Terrace on the 3rd FloorContemporary exterior & interior masterfully envisioned by acclaimed Laguna Beach architectCutting-edge commercial kitchens spanning the 1st and 2nd floors, equipped with the latest culinary technology and a spacious walk-in cooler/freezerUnparalleled Platinum Location in Laguna Beach: 7 min stroll to Main Beach Park, 6 min walk to Downtown, 3 min jaunt to HIP District. Exceptional proximity to designated parking areas, boutiques, eateries, art galleries, and renowned hotels. Boasting a walk score of #96

Beds:
n/a
Baths:
Sq.Ft.:
4,000
Status:
Active
MLS#:
PW24037797
Type:
Mixed Use, Business Opportunities
Lot size:
0.42 Acres
Year built:
1890
Listing Agent: William Hugron CalDRE: 00803524 - Ashwill Associates, 714-356-7823 William Hugron CalDRE: 00803524
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Mixed use property on 18,260SF lot. Perfect for redevelopment or owner/user. Infill Opportunity - Rare Mixed-Use Property For Sale. Consisting of 4 structures; 1890's built historic home (900SF) detached garage (550SF), small industrial building currently used as a yoga studio (670 SF) and completely upgraded industrial building currently used as a training facility (1880

Beds:
n/a
Baths:
Sq.Ft.:
11,187
Status:
Active
MLS#:
24346333
Type:
Business Opportunities
Lot size:
0.14 Acres
Year built:
1976
Listing Agent: Geoffrey Dewolf CalDRE: 01319312 - Economos Dewolf, Inc. Geoffrey Dewolf CalDRE: 01319312
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11,187-SF freestanding medical user building for lease or sale. Asking lease rate $4.99/sf NNN 1st floor and $2.99/sf NNN 2nd floor. Asking sale price $5,025,000 ($449/sf). Unparalleled opportunity to accommodate a surgery center, medical/dental, office, or retail user. Across from Laguna Woods Village and Golf Club and VA Hospital. Brand new Tesla charging stations on site within Moulton Plaza retail center. No restrictions on medical or retail, located in the middle of an enormous 18-acre parking field. Center has Bank of America, Polly's Pies, Chinese Restaurant, Deli, and a Savers store coming in 2024.

Beds:
n/a
Baths:
Sq.Ft.:
51,865
Status:
Active
MLS#:
OC24030364
Type:
Business Opportunities
Lot size:
0.56 Acres
Year built:
2009
Listing Agent: Ti Yeh CalDRE: 02022849 - Keller Williams Realty Irvine Ti Yeh CalDRE: 02022849
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Presenting an exceptional opportunity to acquire a premier medical spa business along with its esteemed real estate located at 22 Odyssey Suite 265, Irvine, CA 92618. Spanning a generous 2,788 square feet, this commercial medical office is priced at $5,000,000, encompassing both the thriving business and the property itself. Medical condominium complex built in 2009. Located on the intersection of Irvine Center Drive and Sand Canyon. Close to Hoag Hospital and accessible with 5, 405, and 133 toll road freeway.Controlled AccessBusiness Highlights: Jade Phoenix Aesthetic MedicineJade Phoenix Aesthetic Medicine stands as a beacon of excellence in the medical spa industry, drawing inspiration from the resilience and beauty of its namesake. The establishment prides itself on delivering unparalleled services that foster health, vitality, and rejuvenation. With a focus on cosmetic enhancements, body treatments, facial therapies, and more, Jade Phoenix tailors wellness plans to individual needs, ensuring a unique and transformative experience. Property FeaturesSize: 2,788 square feetLocation: Prime Irvine location within a professional and medical office parkAmenities: State-of-the-art facilities designed for a wide range of aesthetic treatmentsParking: Ample parking available for clients and staffInvestment Opportunity: The sale includes a well-established business with a potential client base and a high-quality commercial property.Investment HighlightsThis listing offers a rare chance to own a lucrative medical spa business and its associated real estate in the heart of Irvine, California. Ideal for investors seeking to enter or expand within the medical aesthetics industry, the sale combines Jade Phoenix's reputable business model with its strategic location and modern facilities. Experience the synergy of owning a property that not only complements but enhances the value of the business it hosts.

Beds:
n/a
Baths:
Sq.Ft.:
2,000
Status:
Active
MLS#:
24369845
Type:
Business Opportunities
Lot size:
0.15 Acres
Year built:
1947
Listing Agent: Laura Villa CalDRE: 01776350 - HomeSmart Professionals Laura Villa CalDRE: 01776350
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This property is zoned commercial and residential, can be built up or around. Currently multifamily. Past history was used as commercial, i.e., dental office. Up and coming area includes Triangle Square, Chalk, Chow, Mothers and many other businesses that are just a few hundred yards away.

Beds:
n/a
Baths:
Sq.Ft.:
1,090
Status:
Active
MLS#:
LG24012436
Type:
Office, Business Opportunities
Lot size:
0.07 Acres
Year built:
1936
Listing Agent: James Ardery CalDRE: 00576041 - Compass, 949-887-3823 James Ardery CalDRE: 00576041
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One of the most charming cottages in the Village...Remodeled to perfection, this cottage was updated and re-imagined by one of the Premier designers in California. Cozy living and dining room with fireplace, wood floors and vaulted ceilings. The remodeled kitchen opens to the living and dining room. The bedroom areas are an open concept, to be used as a new buyer needs. The home is currently used as a Design Office, and set-up for someone who wants a convenient Laguna work space with no need to drive to a distant office. Beautiful courtyard entry and a secluded sitting courtyard off of the bedroom areas. Parking in rear for one car, easy maintenance yards and cottage upkeep as everything is up to speed and in immaculate condition. Just a "Stones throw" from shopping, restaurants and the beach. The perfect property to enjoy as a home or a beautiful office/work space in the middle of Laguna BeachCurrently used as a commercial office space.

Beds:
n/a
Baths:
Sq.Ft.:
3,096
Status:
NEW LISTING
MLS#:
OC24087108
Type:
Mixed Use, Business Opportunities
Lot size:
0.07 Acres
Year built:
1989
Listing Agent: Larry Birnbaum CalDRE: 01363487 - LMB Enterprises, 714-655-8108 Larry Birnbaum CalDRE: 01363487
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Iconic, mixed-use 2-unit building located in Newport Beachs popular Cannery Village. This Mediterranean-style property offers one residential unit and one commercial office/retail space. Upstairs you will find an extremely large residential unit consisting of 4 bedrooms, 3 of which are en suite, and 3.5 bathrooms. THIS RESIDENTIAL UNIT HAS A SHORT-TERM LODGING PERMIT and is currently being used as a short-term rental. It is a generous 2,117 square feet and boasts peek-a-boo water views of the harbor from the living room and large front sundeck. Updated and remodeled throughout with thoughtfulness to preserve some of the original elements of the vibrant property. A perfectly placed center atrium brings an abundance of natural light into the center of the home. Vaulted ceilings, skylights, and open spaces give a sense of vastness. There is a laundry room conveniently located in the hallway. The primary bathroom has an oversized operable skylight that can be opened for natural air circulation. This residential unit has 2 dedicated garage spaces that are tandem parked. Downstairs you will find a versatile commercial office/retail space that is approximately 1,000 square feet. There is a dedicated bathroom for the commercial space and in the rear, you will find 4 car parking with easy access off the alley. It is currently leased as office space at $3,200 per month with the end of the lease term in mid-June, 2025. You cannot ask for a better location! Centrally located in the heart of the Balboa Peninsula within the charming Cannery Village. The oversized lot size of this property is slightly wider than the typical 30-foot-wide standard lot size found in this area. Most of the mixed-use properties located nearby have a live/work deed restriction that requires the same owner to occupy the residential unit as well as run the downstairs commercial business. This property does NOT have that deed restriction. This means that each unit can be occupied by a completely separate and independent party. Note: The Seller would like to do Seller-Financing for qualified Buyers on terms that are favorable and agreeable to all parties.

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