Property Detail

Description

This exceptional commercial property presents a rare opportunity to acquire a truly unique office campus in a prime Orange County location in Newport Beach. Situated on a 10,019 square foot lot, the primary building offers 7,684 square feet of highly upgraded office space across two levels. The layout includes 10 private offices—each equipped with individual heating and air conditioning systems, 2 secretarial cubicles—alongside a remodeled kitchen featuring premium appliances such as a KitchenAid refrigerator/freezer and a Samsung microwave and oven. The building is designed with functionality and luxury in mind, offering his and hers restrooms, a private executive bathroom, break rooms, ample storage, and upscale amenities including a 60-count humidor cigar area and a 240-bottle wine locker. Outdoor patios are equipped with outlets, TVs, and putting greens, making them ideal for entertaining or employee relaxation. The property also boasts abundant parking and exceptional accessibility, located adjacent to the 73 Toll Road and near the 405 Freeway, John Wayne Airport, major shopping centers, and a variety of dining options ranging from fast casual to fine dining. There is an opportunity to acquire the adjacent parcel for an additional $2.6 million, bringing the total purchase price to $5.3 million for both parcels comprising this exceptional Newport Beach office property. This combined acquisition offers a rare chance to own the entire building, maximizing functionality, value, and long-term potential in one of Southern California’s most prestigious business locations. Parcel #427-231-22 The property is held under a land lease structure. The current monthly lease rate is $9,591 with a 1% annual increase. The lease term extends through 2036 with extension options available.