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320 Marine Ave, Newport Beach, CA 92662
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320 Marine Ave Newport Beach, CA 92662

$2,210,000 Sold Price as of 07/30/2020
  • -- Beds
  • -- Baths
  • 1,668 Sq.Ft.
Sold
$2,210,000 Sold Price as of 07/30/2020 Refinance Your Mortgage
Map preview of 320 Marine Ave, Newport Beach, CA 92662

Property Overview: 320 Marine Ave Newport Beach, CA has -- bedrooms, -- bathrooms, 1,668 living square feet and 2,178 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: OUTSTANDING MIXED-USE COMMERCIAL BUILDING ON BALBOA ISLAND. FIRST LEVEL OFFERS: Restaurant with fully functional kitchen, 1 public bathroom, 1 car garage, storage area with ½ private bath. SECOND LEVEL OFFERS: 2 bedrooms plus 1 office and 2 full bathrooms. This is a Rare and Unique opportunity for owner-user planning to open their own restaurant or expand their current portfolio. First level has undergone a recent remodel & expansion in 2010 with floor to ceiling glass windows, open, bright and welcoming atmosphere. This building stands on Marine Avenue which is the main commercial street for Balboa Island; it has great visibility and gets year-round foot and vehicular traffic. Balboa is an all-season tourist destination with visitors from all over the world. Do not miss this opportunity to purchase a commercial property on Balboa Island!

Listed by Hector Herrera | BRE #01244475 | RE/MAX One
Last checked: 1 minute ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 161

Home details

Lot Sq. Ft
2,178
HOA Dues
$0/mo
Year built
1940
Garage
--
Property Type:
Mixed Use
Status
Sold
MLS#
PW20003406
City
Newport Beach
County
Orange
Time on Site
1398 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 1
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 320 Marine Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Outside
Interior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Has Fence
  • Fair Condition
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Rectangular Lot, Paved, Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 05015109
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: Head south on Jamboree pass Pacific Coast Hwy street converts into Marine Ave across the Balboa Bridge, the building will be on your left handside
View more facts & features

Local Newport Beach Agent

Sale History for 320 Marine Ave

Last sold for $2,210,000 on July 30th, 2020

  • August, 2020

  • Aug 3, 2020

    Date

    Sold

    CRMLS: PW20003406

    $2,210,000

    Price

  • Jun 19, 2020

    Date

    Pending

    CRMLS: PW20003406

    $2,398,000

    Price

  • Mar 24, 2020

    Date

    Price Change

    CRMLS: PW20003406

    $2,398,000

    Price

  • Mar 6, 2020

    Date

    Price Change

    CRMLS: PW20003406

    $2,550,000

    Price

  • Jan 7, 2020

    Date

    Active

    CRMLS: PW20003406

    $2,650,000

    Price

  • January, 2020

  • Jan 4, 2020

    Date

    Expired

    CRMLS: PW19086029

    $2,650,000

    Price

  • Jan 3, 2020

    Date

    Active

    CRMLS: PW19086029

    $2,650,000

    Price

  • Apr 26, 2019

    Date

    Pending

    CRMLS: PW19086029

    $2,650,000

    Price

  • Apr 19, 2019

    Date

    Active

    CRMLS: PW19086029

    $2,650,000

    Price

  • Listing provided courtesy of CRMLS

  • July, 2002

  • Jul 18, 2002

    Date

    Sold (Public Records)

    Public Records

    $860,000

    Price

Show More

Tax History for 320 Marine Ave

Assessed Value (2020): $1,118,797
Year Land Value Improved Value Assessed Value
2020 $1,051,669 $67,128 $1,118,797

Home Value Compared to the Market

This property vs the competition

320 Marine Ave sold on July 30, 2020 for 35.19% lower than the current median sold price for the city of Newport Beach which is $3,700,000. The median sold price per/sqft for Newport Beach is $1,360 and this home is sold at $1437.65 per/sqft which puts the price per square foot 5.71% higher than the current median sale per square foot for the city of Newport Beach.

About 320 Marine Ave

Detailed summary of property

320 Marine Ave is a mixed use that recently sold in Newport Beach, CA 92662. This mixed use property offered -- bedrooms, -- bathrooms, roughly 1,668 living square feet, and sits on an approximately 2,178 square foot lot. 320 Marine Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $2,210,000. Home in Newport Beach are selling for a median price of $3,700,000 and a median price per square foot of $1,360. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is sold 35.19% lower than the current median priced home. Local homes that are currently for sale include 110 E Anaheim St, 208 W Anaheim St and 1756 Pacific Ave. While the average home in Newport Beach, CA is selling in 73 days, 320 Marine Ave has a days on market of 161 days. There are currently 293 homes for sale in the Newport Beach real estate market and 219 of them are single family homes while 63 of them are condos and 11 are townhomes. For more information on this home for sale at 320 Marine Ave Newport Beach, CA 92662 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 320 Marine Ave

Public county record property details
Beds
--
Baths
--
Year built
1940
Sq. Ft.
1,668
Lot Size
2,256
Stories
1
Type
Store/Office (Mixed Use)
Pool
No
Spa
No
County
Orange
Lot#
11,1
APN
050-151-09

The source for these homes facts are from public records.

92662 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$5,495,000
Median List Price/Sq.Ft.
$2,379
Median Sold Price
$6,300,000
Median Sold Price/Sq.Ft.
$2,734
Total Inventory
11
Median Sale to List Price %
98.51%
Avg Days on Market
19
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (66.67%), Other (33.33%)

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Recently Sold Homes Near 320 Marine Ave

217 Marine Ave, Newport Beach, CA 92662
$2,325,000 Last Sold Price
-- Beds
-- Baths
2170 Sq.Ft.
217 Marine Ave
Newport Beach, CA 92662
701 E Balboa Blvd, Newport Beach, CA 92661
$1,800,000 Last Sold Price
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701 E Balboa Blvd
Newport Beach, CA 92661
505 E Balboa Blvd, Newport Beach, CA 92661
$1,025,000 Last Sold Price
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505 E Balboa Blvd
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503 E Balboa Blvd, Newport Beach, CA 92661
$1,025,000 Last Sold Price
-- Beds
-- Baths
800 Sq.Ft.
503 E Balboa Blvd
Newport Beach, CA 92661

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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