$5,999,900

Estimated payment $33,799/month

Total Views 6,517
-- Bed
2 Baths
2,787 Sq Ft
$2,153 Price per Sq Ft

Highlights

  • 0.13 Acre Lot
  • No HOA
  • Level Lot
  • Newport Elementary School Rated A
  • Central Air
  • 4-minute walk to Lido Park

About This Home

Positioned on a rare double lot spanning 60 feet, this unique property offers unmatched versatility in one of Newport Beach’s most coveted neighborhoods. Zoned for mixed use, the existing modern building is ready to accommodate a variety of business needs—or unlock even greater potential by transforming the space into a dynamic mixed-use space or developing up to three residential luxury condos. With dedicated parking for 10 vehicles and a convenient carport, the property ensures ample parking and easy access for employees, clients, or residents—an invaluable amenity in Cannery Village. Inside, the sleek, contemporary architecture is complemented by a private back patio, perfect for outdoor meetings or relaxing breaks. Situated in the vibrant heart of Cannery Village, you’ll enjoy unparalleled walkability to acclaimed restaurants, boutique retail, and Newport’s iconic waterfront. Whether you envision a thriving business, luxury residences, or a mixed-use masterpiece, this property represents a rare investment opportunity in a truly irreplaceable location.

Listing Agent

Kristin Barry

Arbor Real Estate Brokerage Phone: 949-235-8921 License #01361231 Listed on: 04/18/2025

Arbor Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,314

Year Built

  • Built in 1998

Home Design

  • Entry on the 1st floor
  • Mixed Use

Interior Spaces

  • 2 Bathrooms
  • 2,787 Sq Ft Home
  • 2-Story Property

Additional Features

  • Exterior Lighting
  • No Common Walls
  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 421
  • Assessor Parcel Number 04704214
  • $443 per year additional tax assessments

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,314

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Structure Type: Mixed Use
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Cannery Village
  • View: No
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential
  • Parcel Number: 04704214
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2787.00 Square Feet
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Half Bathrooms: 2
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 2
  • Price Per Square Foot: 2152.82

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 5663.00
  • Lot Size Acres: 0.1300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5663.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 6
  • Tax Tract Number: 421
  • TaxOtherAnnualAssessmentAmount: 443.00

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,314 $1,536,979 $1,068,210 $468,769
2024 $16,314 $1,506,843 $1,047,265 $459,578
2023 $15,930 $1,477,298 $1,026,731 $450,567
2022 $15,663 $1,448,332 $1,006,599 $441,733
2021 $15,365 $1,419,934 $986,862 $433,072
2020 $15,217 $1,405,375 $976,743 $428,632
2019 $14,906 $1,377,819 $957,591 $420,228
2018 $14,610 $1,350,803 $938,814 $411,989
2017 $14,353 $1,324,317 $920,406 $403,911
2016 $14,033 $1,298,350 $902,358 $395,992
2015 $13,900 $1,278,848 $888,804 $390,044
2014 $13,574 $1,253,798 $871,394 $382,404
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2025 04/18/25 For Sale $5,999,900 -- $2,153 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Lawyers Title Company
Grant Deed -- Lawyers Title Company
Interfamily Deed Transfer -- Lawyers Title Company
Grant Deed -- Lawyers Title Company
Interfamily Deed Transfer -- Lawyers Title Company
Grant Deed -- Lawyers Title Company
Grant Deed $350,000 Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $680,000 Commercial
Closed $750,000 Commercial
Previous Owner $400,000 Commercial
Previous Owner $5,261,800 Construction
Previous Owner $340,000 Seller Take Back
Closed $1,500,000 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP25085703

California Regional Multiple Listing Service (CRMLS)

APN: 047-042-14