2410 Newport Blvd
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2410 Newport Blvd
6,655 SF 100% Leased Office Building Newport Beach, CA 92663 £12,018,493 (£1,806/SF)
Investment Highlights
- Large Bayfront Parcel
- Multiple Boat Slips
- Brand New Roof
- 100% tenant occupied
Executive Summary
Once in a lifetime, generational opportunity to acquire a unique mixed-use property centrally located on the Balboa Peninsula. The property features two separate buildings, each with their own commercial space and residential loft. The first building features a modern industrial feel and consists of 2 bedrooms, 2 bathrooms, and a single car garage. The commercial space below features bright windows, private bathroom, and would make a perfect office. The second building carries the same modern industrial feel and features an open commercial space with private bathroom and views of the bay. The upstairs residential loft features 2 bedrooms, 3 bathrooms, and high-end modern finishes. A 4-car garage, elevator, and rooftop deck overlooking the bay completes this one of a kind space. The property also has two boat slips that can accommodate an approximate 75 foot yacht and an approximate 80 foot yacht.. These units are just steps away from some of the best beaches, dining, shopping and water activities that Newport Beach has to offer!
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
6,655 SF
Building Class
C
Year Built/Renovated
1947/2004
Price
£12,018,493
Price Per SF
£1,806
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
3,283 SF
Building FAR
0.69
Lot Size
0.22 AC
Parking
12 Spaces (1.83 Spaces per 1,000 SF Leased)
Amenities
- Waterfront
- Air Conditioning
1 of 1
Walk Score ®
Walker's Paradise (92)
Bike Score ®
Very Bikeable (72)
PROPERTY TAXES
| Parcel Number | 047-120-29 | Total Assessment | £5,585,904 |
| Land Assessment | £4,666,379 | Annual Taxes | -£1 (£0.00/sf) |
| Improvements Assessment | £919,525 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
047-120-29
Land Assessment
£4,666,379
Improvements Assessment
£919,525
Total Assessment
£5,585,904
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2024
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2410 Newport Blvd
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