326 Old Newport Boulevard, Newport Beach

$5,250,000

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0 Bed
0 Bath
.14 Acre
0 Garage

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.

Essential Information

MLS® #
PW22206509
Price
$5,250,000
Bathrooms
0.00
Acres
0.14
Type
Commercial Sale
Sub-Type
Mixed Use
Status
Active

Community Information

Address
326 Old Newport Boulevard
Area
N6 - Newport Heights
City
Newport Beach
County
Orange
Zip Code
92663

Utilities

Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Exterior

Lot Description
Sloped Down

Additional Information

Date Listed
September 23rd, 2022
Days on Market
575
Zoning
CO-G

Listing Details

Agent
Christian Walsh

Office

Berkshire Hathaway HomeServices California Properties

Property History
Price Increased from $4,999,000 to $5,250,000
Price Reduced from $5,250,000 to $4,999,000

LISTING MAP

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Based on information from California Regional Multiple Listing Service, Inc. as of April 19th, 2024 at 11:20pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.