Sold
$6,995,000
471 Old Newport Blvd
Newport Beach
CA 92663
We are pleased to present the opportunity to purchase 471 Old Newport Blvd. Ideally located in Newport Beach, CA this 3 story Class B low rise office building is perfect for an investor looking for a trophy asset or for an owner user who wishes to occupy a portion of the building while generating income from the other tenants. 471 Old Newport Blvd has existing in place rents that are more than 50% below current market on short terms leases offering an investor immense possibilities. This asset offers tremendous upside as a new multi-tenant office project or occupancy by a single tenant/owner user. The irreplaceable location offers close proximity to Hoag Hospital, Fashion Island, Pacific Coast Highway, and all the amenities 17th Street has to offer.    

 





MLS#: NP21198106








California DRE #01017277 - ©2022, The Tim Carr Group - Luxury Realtors in Newport Beach, CA

The property information provided on this website is derived from various sources that may include, but are not limited to, local records and the Multiple Listing Service, and may include approximations. Although the information is believed to be accurate and we find it to be reliable, it is not warranted, and you should not rely upon it without personal verification. No financial or legal advice is hereby provided.

Tim Carr Group fully supports, is committed to, and abides by the principles of the Fair Housing Act and the Equal Opportunity Act.