Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    324 324 Newport Beach, CA 92662

    View on Map
    Sponsored
    For Sale
    $70,000

    Business Opportunity - Newport Beach, CA

    Days on Market:
    380
    Last Refresh:
    Mar 7 at 5:06 am

    Property Features for 324 324

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    05015138

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Audrey Flemmings

    Stratton LFCA - INC. (562) 860-2625

    Listing agent Audrey Flemmings (562) 860-2443 License #01299040

    Listing date Feb 21, 2025

    MLS# PW25038894 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Profitable Boutique Business Opportunity

    This is a turn-key boutique business opportunity in Newport Beach, California. The established and profitable boutique features a thoughtfully designed storefront and on-trend inventory. It has a loyal customer base and a strong local brand presence, along with an active social media following. The business has built a reputation for personalized service and unique fashion finds. The space is inviting and modern, suited for continued growth. This is an opportunity to own a boutique with proven systems, consistent foot traffic, and room to expand.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Similar Places Nearby

    Pavilions Floral, Ocean Breeze Florals, French Buckets Florist, Flower Delivery Newport Beach, Golden Rose Blooms

    Map

    City
    Newport Beach
    County
    Orange
    State
    California
    Longitude
    -117.892
    Latitude
    33.6064

    Nearby Similar for Sale

    • $2,995,000
      2,000 SF

      Newport Beach Mixed-Use Investment

      Two-unit commercial property with income and redevelopment potential.
      3000 Newport Blvd, Newport Beach, CA 92663
      View Details
    • New
      $4,500,000
      2,934 SF

      Beach Proximity Duplex in Newport

      Duplex near the beach, offering rental income potential.
      5119 River Ave, Newport Beach, CA 92663
      View Details
    • $3,150,000
      1,552 SF

      Turnkey Duplex in Newport Beach

      Newport Beach duplex with short term rental permits.
      205 42Nd St, Newport Beach, CA 92663
      View Details
    • $749,000

      Turnkey Newport Beach Income Property

      Established short-term rental business with real estate in prime location.
      100 Scholz Plz, Newport Beach, CA 92663
      View Details
    • $9,590,000
      3,185 SF

      Oceanfront Duplex in Newport Beach

      Oceanfront duplex with panoramic views and renovation potential.
      5901 Seashore Dr, Newport Beach, CA 92663
      View Details
    • $550,000
      1,413 SF

      Established Boutique in Newport Beach

      Upscale women’s boutique in a prestigious Newport Beach shopping center.
      Newport Coast Dr, Newport Beach, CA 92657
      View Details
    • $450,000
      1,226 SF

      Newport Beach Boutique Opportunity

      Established women's boutique in upscale Newport Beach shopping center.
      Newport Coast Dr, Newport Beach, CA 92625
      View Details
    • Contact for pricing

      Prime Location in Newport Beach

      Located in prestigious community with high visibility and access.
      2711-2713 East Coast Hwy, Newport Beach, CA 92625
      View Details
    • $2,000,000

      Newport Beach Commercial Building For Sale

      Free-standing commercial building in Mariners Mile district.
      1520 W Coast Hwy, Newport Beach, CA 92663
      View Details
    • $150,000

      Established Head Spa Business

      Emerging head spa business with established clientele for sale.
      2711 E Coast Hwy, Corona del Mar, CA 92624
      View Details
    • $837,000

      Newport Beach Specialty Property

      Specialty property for sale in Newport Beach, California.
      11 Bolivar St, Newport Beach, CA 92663
      View Details
    • $899,000

      Newport Beach Specialty Property

      Specialty property available for sale in Newport Beach, CA.
      44 Cabrillo St, Newport Beach, CA 92663
      View Details

    FAQs

    What type of property is this?
    Storefront property - Turn-key boutique business with loyal customer base in Newport Beach.
    Where is this storefront property located?
    The property is located at 324 324 Newport Beach, CA.
    What is the asking price?
    The asking price for this property is $70,000.
    What are key features of this property?
    This property features: - Established and Profitable Boutique Business; - Turn-Key Operation for Seamless Transition; - Loyal Customer Base and Strong Local Brand
    (562) 572-9674
    Request Owner's contact information
    324 324 Newport Beach, CA 92662
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    324 324
    Newport Beach, CA 92662
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    324 324 Newport Beach, CA 92662
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Audrey Flemmings
    Real Estate License ID: 01299040
    (562) 572-9674 (562) 860-2443 (562) 423-8134
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!