Turnkey Office Suites in Landmark
For Sale
$4,395,000
Pending
201 Marine, Newport Beach, CA 92662
Remodeled historic office building with three suites, including a main unit with vaulted ceilings, plus two separate-entry offices.
Property Size2,007 SF
Days on Market102
Property Features for 201 Marine
General Information
Standard status
Pending
Size
2,007 SF
Property subtype
Office
Building Details
Tenancy
Multi
Listing Agency:
(949) 673-7600
Listed By:
Arbor Real Estate
Source:
Xome
Added: Apr 23
Changed: Jul 10
Last Checked: Jul 16 at 4:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Arbor Real Estate
Investment Insights
Based on property information with market context.
This remodeled mixed-use landmark building includes three office units that are turnkey and well maintained. The main unit features spacious vaulted ceilings, ample desk area, a kitchenette, a bathroom, and a conference room. Two additional office units include private setups and separate entrances along Park Avenue, creating independent access for each suite.
Set on a corner lot on Balboa Island, the property is described as one of the most recognizable buildings on Marine Avenue. Public remarks note outstanding visibility and exposure with an abundance of commercial traffic in the area.
For investors or owner-users, the building is positioned as a low-maintenance, manageable property with low operating costs and long-term tenants. Public remarks report current total gross rents of approximately $22,000 per month, with agreed-upon extensions projected to potentially increase to over $26,000 per month in gross income. The same materials also state net income of over $200,000 in 2025.
Set on a corner lot on Balboa Island, the property is described as one of the most recognizable buildings on Marine Avenue. Public remarks note outstanding visibility and exposure with an abundance of commercial traffic in the area.
For investors or owner-users, the building is positioned as a low-maintenance, manageable property with low operating costs and long-term tenants. Public remarks report current total gross rents of approximately $22,000 per month, with agreed-upon extensions projected to potentially increase to over $26,000 per month in gross income. The same materials also state net income of over $200,000 in 2025.
Key Highlights
- Historic mixed‑use office building dating back to the 1930s on Balboa Island with a rectangular corner lot
- Completely remodeled within the past few years with three commercial suites
- Main unit features spacious vaulted ceilings, kitchenette, bathroom, conference room, and ample desk area
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,198
Businesses Nearby
Explore this area
Business Placement
Demographics for 92662, CA
2,490
Population
1,869
Households
1.3
Avg Household Size
60
Median Age
68%
College-Educated
100%
High-School Grad
0.2 sq mi
ZIP Area
12,450
Density / Sq Mi
$162,045
Median Household Income
$83,322
Median Earnings
$2,736
Median Rent
$2,000,001
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Remodeled historic office building with three suites, including a main unit with vaulted ceilings, plus two separate-entry offices.
Where is this office units located?
The property is located at 201 Marine Newport Beach, CA.
What is the asking price?
The asking price for this property is $4,395,000.
What are key features of this property?
This property features: Historic mixed‑use office building dating back to the 1930s on Balboa Island with a rectangular corner lot; Completely remodeled within the past few years with three commercial suites; Main unit features spacious vaulted ceilings, kitchenette, bathroom, conference room, and ample desk area
