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    709-711 E Balboa Blvd Newport Beach, CA 92661

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    For Sale
    $10,000,000

    Mixed-use investment property with retail, apartments, and ocean views.

    Property size:
    9,614 SF
    Lot size:
    0.19 Acres

    Property Features for 709-711 E Balboa Blvd

    General Information

    Size
    9,614 SF
    Lot size
    0.19 Acres

    Source: Voit Real Estate Services Agent Chris Deason

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property with Ocean Views

    This landmark mixed-use investment property is located in a prestigious and desirable marketplace. The property is comprised of 3 retail units and 6 upgraded apartments. It features a large rooftop deck, on-site parking, and views of Newport Harbor and the Pacific Ocean. The property includes a rooftop deck, HVAC/mechanical equipment for retail and apartments, ground floor restrooms, and newer contemporary apartment finishes such as kitchen cabinets, counters and appliances, restrooms, custom doors, lighting, ceilings, and a laundry room. The property has a total size of 9614 square feet.
    Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newport Beach
    County
    Orange
    State
    California
    Longitude
    -117.9096428
    Latitude
    33.6042885

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use investment property with retail, apartments, and ocean views.
    Where is this mixed-use property located?
    The property is located at 709-711 E Balboa Blvd Newport Beach, CA.
    What is the asking price?
    The asking price for this property is $10,000,000.
    What are key features of this property?
    This property features: - Landmark mixed-use investment property in a highly desirable location.; - Features 3 retail units and 6 upgraded apartments.; - Includes a large rooftop deck with views of Newport Harbor and the Pacific Ocean.
    (949) 263-5347
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    Realmo Value Estimation

    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.

    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.

    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
    709-711 E Balboa Blvd Newport Beach, CA 92661
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