Newport Beach, CA 92663,326 Old Newport BLVD
Newport Beach, CA 92663,326 Old Newport BLVD
Newport Beach, CA 92663,326 Old Newport BLVD
59
$4,850,000
$5,250,000
7.6%
Est.Price: ?

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5,889 Sqft Lot

326 Old Newport BLVD Newport Beach, CA 92663

Est. payment /mo
SOLD DATE : 06/27/2024

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Key Details

Sold Price $4,850,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW22206509

Sold Date 06/27/24

HOA Y/N No

Lot Size 5,889 Sqft

Property Sub-Type Mixed Use

Property Description

This landmark mixed-use property in a prime Newport Beach location includes a commercial condo (formerly occupied by a prestigious law firm) and 2 residential condos with panoramic ocean and coastal views. All 3 units are condo mapped with separate Assessor Parcel Numbers (APN) and are separately metered for gas, electric and water. The street frontage offers ample signage opportunities especially from high traffic Newport Blvd. The commercial space at 326 Old Newport Blvd features a gated parking garage (11 parking spaces per Newport Beach Planning), elevator, A/C, granite and upgraded wood floors and is currently configured with offices, glass-walled conference room, kitchenette, two restrooms and storage rooms. The commercial space will be delivered vacant. The residential units – located at 321 & 323 Holmwood Dr - are each 2 bedroom, 2 bath condos with private 2 car garages and are over 1350 sqft each. The updated units feature panoramic ocean view balconies, A/C, in unit laundry room. This prime Newport Beach location is directly next to the new USC Keck Medical Center and across the street is award-winning Hoag Hospital Newport Beach. Newport Beach's fine dining, shopping, entertainment, beaches and bay are a moment away.

Location

State CA

County Orange

Area N6 - Newport Heights

Zoning CO-G

Interior

Fireplace No

Laundry See Remarks

Exterior

Fence Partial

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Building

Lot Description Sloped Down

Water Public

Others

Tax ID 93721023

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Financing Conventional

Special Listing Condition Standard

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CRMLS – RECore
Listed by Christian Walsh Berkshire Hathaway HomeServices California Properties 949-677-3466
Bought with General NONMEMBER NONMEMBER MRML
Jessica Lam

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