201 Marine, Newport Beach, CA 92662
- Added:
- May 1, 2026
- Days on Market:
- 48
- Last Refresh:
- Jun 17 at 7:06 am
Property Features for 201 Marine
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Pending
- APN
- 05016215
- Size
- 2,007 SF
Building Details
- Architectural style
- Other
Listing agent Ryan Gunderson License #01869795 (949) 873-3841
Listing office Arbor Real Estate 425 30th St No. 1, Newport Beach, CA (949) 673-7600
Listing date May 1, 2026
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.
HighLights
- Premier corner‑lot location on Balboa Island's Marine Avenue with high visibility.
- Strong, stable income with current gross rents of approximately $22,000 per month, projected to increase to over $26,000.
- Turnkey, well‑maintained office space with three units, including a main unit with vaulted ceilings, kitchenette, and conference room.
- Low‑maintenance property with low operating costs and excellent long‑term tenants, producing net income of over $200,000 in 2025.
- Historic building dating back to the 1930s, completely remodeled in recent years.
- Potential for future residential development.
Overview
The property is situated on a corner lot on Balboa Island at 201 Marine in Newport Beach, California. It is described as one of the most recognizable buildings on Marine Avenue, with outstanding visibility and exposure tied to commercial traffic. The corner positioning and dual entrance approach support a straightforward day-to-day tenant experience.
For an investor or owner-user, the building offers a multi-unit office configuration with current total gross rents of approximately $22,000 per month. The remarks also cite agreed-upon extensions projected to potentially increase gross income to over $26,000 per month. The property is presented as low maintenance with low operating costs and benefits from long-term tenants, producing net income of over $200,000 in 2025, based on the provided information.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Newport Beach
- County
- Orange
- State
- California
- Longitude
- -117.890004
- Latitude
- 33.6058141