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Off market
  • $3,434,000

    320 Marine Ave, Newport Beach, CA 92662

    --beds
    0baths
    --sqft
    SingleFamily
    Built in 1940
    2,178 Square Feet Lot
    $3,434,000 Zestimate®
    $--/sqft
    $7,472 Estimated rent

    Home value

    $3,434,000

    $3.09M - $3.85M

    $7,472/mo

    Zestimate® history
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    $21,276/mo

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    $21,276/mo

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    What's special

    OUTSTANDING MIXED-USE COMMERCIAL BUILDING ON BALBOA ISLAND. FIRST LEVEL OFFERS: Restaurant with fully functional kitchen, 1 public bathroom, 1 car garage, storage area with private bath. SECOND LEVEL OFFERS: 2 bedrooms plus 1 office and 2 full bathrooms. This is a Rare and Unique opportunity for owner-user planning to open their own restaurant or expand their current portfolio. First level has undergone a recent remodel & expansion in 2010 with floor to ceiling glass windows, open, bright and welcoming atmosphere. This building stands on Marine Avenue which is the main commercial street for Balboa Island; it has great visibility and gets year-round foot and vehicular traffic. Balboa is an all-season tourist destination with visitors from all over the world. Do not miss this opportunity to purchase a commercial property on Balboa Island!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0

    Property

    Lot
    • Size: 2,178 Square Feet
    Details
    • Parcel number: 05015109

    Construction

    Type & style
    • Home type: SingleFamily
    Condition
    • Year built: 1940

    Community & HOA

    Location
    • Region: Newport Beach

    Financial & listing details

    • Tax assessed value: $2,518,307
    • Annual tax amount: $29,682

    Price history

    DateEventPrice
    7/30/2020Sold$2,210,000-7.8%
    Source: Public Record Report a problem
    4/28/2020Listed for sale$2,398,000+178.8%
    Source: RE/MAX Orange County East #PW20003406 Report a problem
    7/18/2002Sold$860,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$29,682 +4.6%$2,518,307 +2.6%
    2024$28,388 +6.7%$2,453,929 +6.6%
    2023$26,616 +10.1%$2,302,401 +2.1%
    2022$24,172 +1.9%$2,254,200 +2%
    2021$23,709 +89.2%$2,210,000 +92.6%
    2020$12,534 $1,147,524 +2%
    2019$12,534 +2.1%$1,125,024 +2%
    2018$12,280 +3.8%$1,102,965 +2%
    2017$11,826 $1,081,339 +2%
    2016$11,826 +2.3%$1,060,137 +1.5%
    2015$11,563 $1,044,213
    Find assessor info on the county website

    Neighborhood: 92662

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,434,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,434,000