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428 N Old Newport Blvd 2,250 SF Office Building Newport Beach, CA 92663 $4,376,640 CAD ($1,945.17 CAD/SF)
Investment Highlights
- Located near Hoag Hospital with quick access to medical facilities.
- Offers on-site parking with six surface spaces for convenience.
- Zoned for both medical and office uses for versatile occupancy options.
- Features four private offices with ocean views from select spaces.
- Includes a standalone ±800 SF garage providing additional storage or utility.
- Situated in the heart of Newport Beach, minutes from major thoroughfares.
Executive Summary
This two-story office building in Newport Beach offers ±2,250 square feet of functional space and includes a ±800 SF standalone garage. The layout features four private offices with ocean views and an ideal configuration for professional or medical use. The property offers six convenient surface parking spaces and benefits from excellent accessibility to major roadways and services. Situated in close proximity to Hoag Hospital, the location supports healthcare providers, professionals, and investors targeting stable demand sectors.
Zoned for medical and office uses, this asset combines flexibility with coastal proximity, making it a strong owner-user or investment opportunity. Its location within the desirable Newport Beach market ensures ongoing demand and sustained long-term value.
Zoned for medical and office uses, this asset combines flexibility with coastal proximity, making it a strong owner-user or investment opportunity. Its location within the desirable Newport Beach market ensures ongoing demand and sustained long-term value.
Property Facts
Sale Type
Investment
Property Type
Building Size
2,250 SF
Building Class
C
Year Built/Renovated
1925/1995
Price
$4,376,640 CAD
Price Per SF
$1,945.17 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,125 SF
Building FAR
0.43
Lot Size
0.12 AC
Zoning
OG
Parking
6 Spaces (2.41 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Storage Space
- Natural Light
- Balcony
1 1
Very walkable
80/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 425-283-19 | Improvements Assessment | $495,073 CAD |
| Land Assessment | $1,402,721 CAD | Total Assessment | $1,897,793 CAD |
Property Taxes
Parcel Number
425-283-19
Land Assessment
$1,402,721 CAD
Improvements Assessment
$495,073 CAD
Total Assessment
$1,897,793 CAD
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428 N Old Newport Blvd
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