215 Marine Ave - Storefront FOR SALE


Newport Beach, CA 92662- Balboa Island
$1,749,000 USD
818-501-4888
215 Marine Ave, Newport Beach, CA for Sale
$1,749,000 USD
Storefront - FOR SALE
1/21
null | Request Cap Rate

215 Marine Ave
Newport Beach, CA 92662
Balboa Island


HIGHLIGHTS

  • Property to be sold by public auction Thursday October 30, 2025 @ 10:00 A.M. at site. See Listing Broker website for more photos.
  • INSPECT THURSDAY, OCTOBER 16 & 23 (9:00 A.M.-11:00 A.M.) & 1 HOUR BEFORE AUCTION.
  • Building and lot size taken from appraisal, buyer to verify. Seller and broker make no warranty of actual building and lot size.
  • LEASE, APPRAISAL & INCOME/EXPENSES AVAILABLE UPON REQUEST
  • Please see listing office website for Auction Terms & Conditions, registration, & auction requirements. Registered agents/brokers must attend auction

OVERVIEW

FAMILY TRUST AUCTION!!! RARE OPPORTUNITY TO PURCHASE AN INCOME PRODUCING, MIXED USE BUILDING ON NEWPORT BEACH’S HIGHLY EXCLUSIVE BALBOA ISLAND, ONE OF SOUTHERN CALIFORNIA’S PREMIERE LOCATIONS. LOCATED WALKING DISTANCE TO GOURMET RESTAURANTS AND PREMIERE DINING. MAY BE SUBJECT TO COURT CONFIRMATION. 215 MARINE AVENUE – UNIT A FRONT FACING REMODELED UNIT. 2 BEDROOMS, 1¾ BATHS. HIGHLIGHTS: STACK WASHER/DRYER HOOKUP. CENTRAL A/C. KITCHEN WITH VIKING STAINLESS STEEL APPLIANCES. SEASONAL RENTAL. 215 MARINE AVENUE – UNIT B REAR UNIT. VACANT. 1 BEDROOM, 1 BATH. HIGHLIGHTS: KITCHEN WITH STAINLESS STEEL APPLIANCES. LAUNDRY ROOM WITH SIDE BY SIDE WASHER/DRYER HOOKUP. 215½ MARINE AVENUE – BIKINI ALLEY (STORE FRONT). 215 MARINE AVENUE – REAL ESTATE OFFICE WITH 2 CAR ATTACHED GARAGE AND ALLEY ACCESS. Property to be sold by public auction Thursday October 30, 2025 @ 10:00 A.M. at site. Please contact listing office or see listing office website for Auction Terms & Conditions, registration, & auction requirements. Registered agents/brokers must attend auction. Buyer to verify all MLS info, including permits & uses, parking, bed/bath counts, square footage, Zoning, Utilities, schools, and their enrollment availability. Buyer is advised to investigate all aspects of the property & verify the accuracy of all information provided. Showing requests made through MLS portal will not be responded to. Both residential units to be delivered vacant upon close of escrow. Family member is occupant of Real Estate storefront. No lease no rent being paid. May be subject to court confirmation. Building and lot size taken from appraisal, buyer to verify. Seller and broker make no warranty of actual building and lot size. LEASE, APPRAISAL & INCOME/EXPENSES AVAILABLE UPON REQUEST.

FOR SALE DETAILS

PRICE

$1,749,000 USD

PRICE/SF

$568 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1938

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

-

APN/PARCEL ID

050-162-21

ASK ABOUT THIS PROPERTY

Brian WeinerFlans & WeinerMore Info
818-501-4888

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Brian WeinerFlans & WeinerMore Info
818-501-4888

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.