$3,350,000
$3,550,000
5.6%For more information regarding the value of a property, please contact us for a free consultation.
5,998 Sqft Lot
SOLD DATE : 06/10/2024
Key Details
Sold Price $3,350,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC24035140
Sold Date 06/10/24
HOA Y/N No
Lot Size 5,998 Sqft
Property Description
Now priced $550,000 below comp across the street. Located in the highly coveted Cannery Village enclave of Newport Beach, this Exquisitely reimagined Newport Beach property is 2810 sq ft of living space with an additional 1000 sq ft of Garage space including a full 3 car garage and total parking for 5 cars! Developer spent over $700,000 on improvements .UPSTAIRS includes 1800 sq ft of living space with THREE BEDROOMS and 2 BATHROOMS. DOWNSTAIRS has approximately 1000 sq ft of RETAIL space and two adjoining extra tall garages. Plenty of parking for you and your guests with two oversized adjoining garages which are 1024 sq ft with two additional parking spaces behind each garage. TOTALLY REMODELED RARE MIXED USE in Cannery Village on Newport Peninsula. Prime prestigious Newport Beach location , this property offers both RESIDENTIAL AND COMMERCIAL spaces. Upstairs is a Three bed two bath living space with volume ceilings . Living room has a fireplace and newly remodeled kitchen with waterfall quartz counters and custom cabinetry. Three spacious bedrooms and two full bathrooms are located upstairs. A full laundry room offers ample storage. Brand new throughout, this home features gorgeous millwork and built in cabinetry and custom fireplace with shiplap. Located in the heart of Newport Beach, walk to world class beach ,fabulous eateries , Lido Isle boutiques and Theatre. The living space is separate and apart from commercial retail space below which also offers a full kitchen and a full downstairs bathroom with shower. Foot traffic and parking is abundant in this area. The downstairs commercial features a large picture window which is great for display and three separate entry doors to the exterior for easy access. So many potential uses! Garages are oversized and extra tall accommodating a car lift if required.
Parking for FIVE cars! A HUGE ROOF TOP DECK features outdoor living area. Newport Beach has one of highest ranking school systems in the nation. The local customer base is sure to ramp up your business success!! THIS IS A MUST SEE!! The exquisite design is reminiscent of Lido house but with an East coast Traditional look and a Modern organic vibe ! Gorgeous custom millwork, very high end Designer grade stainless appliances , and custom hardware and upgraded lighting throughout. RARE!!!
Location
State CA
County Orange
Area Np - Balboa Peninsula
Interior
Heating Central, Fireplace(s), Natural Gas
Cooling Central Air
Fireplace No
Laundry Washer Hookup, Electric Dryer Hookup, Inside, Laundry Room, Upper Level
Exterior
Fence New Condition, Vinyl
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Roof Type Clay,Flat,Mixed,Synthetic
Building
Lot Description 0-1 Unit/Acre, Level, Street Level
Story 2
Water Public
Others
Tax ID 04705215
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Michelle Esquivel
michelle@michellehomesellingteam.comOur team is ready to help you sell your home for the highest possible price ASAP
Bought with John Stanaland • DOUGLAS ELLIMAN OF CALIFORNIA, INC.
michelle@michellehomesellingteam.com
515 S Myrtle Ave, Monrovia, CA, 91016, USA