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326 Old Newport Blvd, Newport Beach, CA 92663
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326 Old Newport Blvd Newport Beach, CA 92663

$5,250,000
  • 4 Beds
  • 6 Baths
  • 5,400 Sq.Ft.
Back Up Offer
$5,250,000 Get Pre-Qualified
Map preview of 326 Old Newport Blvd, Newport Beach, CA 92663

Property Overview: 326 Old Newport Blvd Newport Beach, CA has 4 bedrooms, 6 bathrooms, 5,400 living square feet and 5,889 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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.

Listed by Christian Walsh | BRE #01804983 | Berkshire Hathaway HomeServices California Properties
Last checked: 1 minute ago | Last updated: April 3rd, 2024 | Source CRMLS | DOM: 576
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Home details

Lot Sq. Ft
5,889
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Mixed Use
Status
Back Up Offer
MLS#
PW22206509
City
Newport Beach
County
Orange
Time on Site
582 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: --
  • # of Baths: 2
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Actual Rent: $3,950
  • Total Rent: --
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Actual Rent: $4,500
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $250,000
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 326 Old Newport Blvd

Interior Features
Laundry Information
  • See Remarks
Exterior Features
Exterior Information
  • Has Fence
  • Partial
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Sloped Down
  • Common Interest: None
Property Information
  • Total # of Units: 3
  • Parcel Number: 93721023
  • Has Additional Parcels
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: Cross Streets PCH & Newport Blvd
View more facts & features

Local Newport Beach Agent

Sale History for 326 Old Newport Blvd

View property's historical transactions

  • April, 2024

  • Apr 3, 2024

    Date

    Back Up Offer

    CRMLS: PW22206509

    $5,250,000

    Price

  • Sep 23, 2022

    Date

    Active

    CRMLS: PW22206509

    $5,250,000

    Price

  • February, 2023

  • Feb 7, 2023

    Date

    Active

    CRMLS: PW23018569

    $11,517

    Price

  • Listing provided courtesy of CRMLS

    This landmark commercial office condo, in a prime Newport Beach location, features ocean and coastal views. The street frontage offers ample signage opportunities especially from high traffic Newport Blvd. 326 Old Newport Blvd features a gated parking garage (for car collectors this could be your new office away from home) with 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. This prime Newport Beach location is directly next to the new USC Keck Medical Center and across the street is award-winning Hoag Hospital of Newport Beach. Newport Beach’s fine dining, shopping, entertainment, beaches and bay are a moment away.

  • March, 2006

  • Mar 10, 2006

    Date

    Active

    CRMLS: CC192659

    --

    Price

  • Listing provided courtesy of CRMLS

    ENTIRE 3 UNIT CONDO COMPLEX IS INCLUDED IN THIS PRICE. ONE EXQUISITE OCEAN VIEW OFFICE CONDO AND TWO OCEAN VIEW RESIDENTIAL CONDOS. DIRECTLY ACROSS FROM HOAG HOSPITAL IN NEWPORT BEACH, CA. Exquisite approx. 2,340-2,710 sf office condo plus two 2bd/2ba residential condos. Currently a law firm, office is well-configured for many office and professional uses with several premium ocean view offices, a kitchen, granite reception area, and first-class glassed-in conference room..

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Tax History for 326 Old Newport Blvd

Assessed Value (2020): $484,489
Year Land Value Improved Value Assessed Value
2020 $92,053 $392,436 $484,489

Home Value Compared to the Market

This property vs the competition

326 Old Newport Blvd is listed 22.24% higher than the median list price for the city of Newport Beach which has a median list price of $4,295,000. The median price per/sqft for Newport Beach is $1,506 and this home is listed at $972.22 per/sqft which puts the price per square foot 35.44% lower than the median price per square foot for the city of Newport Beach.

About 326 Old Newport Blvd

Detailed summary of property

326 Old Newport Blvd is a mixed use located in Newport Beach, CA 92663 and is currently in escrow to be sold. This mixed use property offers 4 bedrooms, 6 bathrooms, roughly 5,400 living square feet, and sits on an approximately 5,889 square foot lot. 326 Old Newport Blvd was first listed on ArdentRealEstateGroup.com on September 24, 2022. The homeowner is currently asking $5,250,000. The median priced home in Newport Beach is $4,295,000 with a median price per square foot of $1,506. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is listed 22.24% higher than the median priced home. Local competing homes currently for sale include 1600 Long Beach Blvd, 1628 Long Beach Blvd and 1059 Pacific Ave. While the average home in Newport Beach, CA is selling in 72 days, 326 Old Newport Blvd has a days on market of 576 days. There are currently 266 homes for sale in the Newport Beach real estate market and 196 of them are single family homes while 56 of them are condos and 14 are townhomes. For more information on this home for sale at 326 Old Newport Blvd Newport Beach, CA 92663 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 326 Old Newport Blvd

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
Commercial (General)
Pool
No
Spa
No
County
Orange
Lot#
--
APN
937-210-23

The source for these homes facts are from public records.

92663 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$4,195,000
Median List Price/Sq.Ft.
$1,501
Median Sold Price
$1,730,000
Median Sold Price/Sq.Ft.
$979
Total Inventory
86
Median Sale to List Price %
100.87%
Avg Days on Market
34
Loan Type
Conventional (23.08%), FHA (0%), VA (0%), Cash (30.77%), Other (46.15%)

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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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