Newport Beach, CA 92663,510 31st ST
Newport Beach, CA 92663,510 31st ST
Newport Beach, CA 92663,510 31st ST
$1,605,000
Est. payment /mo
$1,495,000
7.4%
Est.Price: ?

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2,368 SqFt
SOLD DATE : 04/14/2021

Key Details

Sold Price $1,605,000

Property Type Commercial

Sub Type MixedUse

Listing Status Sold

Purchase Type For Sale

Square Footage 2,368 sqft

Price per Sqft $677

MLS Listing ID NP21052133

Sold Date 04/14/21

HOA Y/N No

Year Built 1963

Lot Size 2,787 Sqft

Acres 0.064

Lot Dimensions Appraiser

Property Description

Rare Cannery Village commercial office building or redevelopment opportunity near the newly redeveloped Lido Marina Village and Lido House Hotel. Currently this property consists of two buildings on a single parcel, with a total of eight rentable office units. Long terms tenants in place. On-site parking consists of three tuck-under spaces accessible from the rear alley. As an income generating office building, this property has great appeal. Additionally, site zoning is MU-CV/15th St which may permit other uses such as residential, mixed use residential and non-residential commercial uses. As an interior parcel, this site offers other benefits over corner lots should it be redeveloped. Properties of this type rarely come to market in Cannery Village, so this offering represents an amazing opportunity.

Location

State CA

County Orange

Area N8 - West Newport - Lido

Zoning MU-CV/15th St

Rooms

Ensuite Laundry None

Interior

Laundry Location None

Cooling None

Fireplace No

Laundry None

Exterior

Carport Spaces 3

Fence None

Utilities Available SewerConnected, WaterConnected

Roof Type Flat,RolledHotMop

Total Parking Spaces 3

Building

Lot Description Level, RectangularLot, StreetLevel

Story 2

Water Public

Others

Tax ID 04703204

Acceptable Financing Cash, CashtoNewLoan, Conventional

Listing Terms Cash, CashtoNewLoan, Conventional

Financing Cash

Special Listing Condition Trust

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California Regional MLS (CRMLS)
Listed by Tony Bartos • Pacific Sotheby's Int'l Realty
Bought with Tony Bartos • Pacific Sotheby's Int'l Realty
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