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Pina & Co Real Estate
Direct Office:
949 698 2003
[email protected]

DRE# 01218728
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501 Park Avenue,  Newport Beach CA, 92662

(Active)
$5,950,000
|
5,080 sqft
|
MLS# OC24091109
Last Updated: 5/19/2024 6:26 AM
Description for 501 Park Avenue Newport Beach, CA 92662
THE PROPERTY: Welcome to your slice of paradise on Balboa Island in Newport Beach! This exquisite property offers an unparalleled opportunity to own a top-performing restaurant with two stunning apartments above, all completely rebuilt to perfection in 2015.THE RESTAURANT: Step into the heart of culinary excellence as you enter the spacious and inviting restaurant and bar area. Bathed in natural light pouring through large windows, this space exudes warmth and charm. With ample room for indoor and outdoor seating and a meticulously designed kitchen equipped with top-of-the-line appliances, its a dream canvas for creativity. THE LOCATIONSituated in the heart of Balboa Island, this property enjoys a prime location in one of Newport Beachs most coveted neighborhoods. Surrounded by quaint shops, charming cafes, and scenic waterfront vistas, residents and visitors alike are drawn to the vibrant energy and unparalleled beauty of this coastal community. With easy access to the Balboa Island Ferry, nearby beaches, and an array of recreational activities, the possibilities for adventure and relaxation are endless.
Price
$5,950,000
Orange
5,080 (approx)
OC24091109
Active
Description
THE PROPERTY: Welcome to your slice of paradise on Balboa Island in Newport Beach! This exquisite property offers an unparalleled opportunity to own a top-performing restaurant with two stunning apartments above, all completely rebuilt to perfection in 2015.THE RESTAURANT: Step into the heart of culinary excellence as you enter the spacious and inviting restaurant and bar area. Bathed in natural light pouring through large windows, this space exudes warmth and charm. With ample room for indoor and outdoor seating and a meticulously designed kitchen equipped with top-of-the-line appliances, its a dream canvas for creativity. THE LOCATIONSituated in the heart of Balboa Island, this property enjoys a prime location in one of Newport Beachs most coveted neighborhoods. Surrounded by quaint shops, charming cafes, and scenic waterfront vistas, residents and visitors alike are drawn to the vibrant energy and unparalleled beauty of this coastal community. With easy access to the Balboa Island Ferry, nearby beaches, and an array of recreational activities, the possibilities for adventure and relaxation are endless.
Listing Information
Property Type: Multi-Family, Business Opportunities, 2 Story
0.12 Acres Assessor 5,080 (approx)
2015 2
Public
1 Total
Neighborhood
Room Information
None
Interior Features
Central Air
Other, Central
Exterior / Lot Features
0 Covered Parking Spaces,
Corner Lot
Driving Directions
Corner of Park Avenue and Agate near the Balboa Island Ferry
Financial Considerations
05005235
Cash
Listing Price History

Newport Beach Real Estate

Newport Beach is located in California. Newport Beach, California 92662 has a population of 88,179.

The median household income in Newport Beach, California 92662 is $124,791. The median household income for the surrounding county is $94,474 compared to the national median of $66,222. The median age of people living in Newport Beach 92662 is 39 years.

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Listing Agent: Kevin Bayless CalDRE: 01788899 - Bayless Real Estate, [email protected]
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The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This content last refreshed on 5/19/2024 6:26 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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