Mixed-Use Property with Kennel
For Sale
Contact for pricing
20312 Riverside Dr, Newport Beach, CA 92660
The permitted animal-care operation includes two structures, outdoor play areas, and a separate office.
Property Size973 SF
Lot Size0.17 Acres
Price / SF$18.50
Days on Market18
Property Features for 20312 Riverside Dr
General Information
Standard status
Active
Size
973 SF
Lot size
0.17 Acres
Property subtype
MixedUse
Zoning
RK
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Additional Details
Highway Access
Yes
Amenities
outdoor play areas
brand-new A/C units
separate office area
washer and dryer
private courtyard with fountain
Building Details
Buildings
2
Tenancy
Single
Listing Agency:
Claus Realty Advisors
(714) 838-8559
Listed By:
Greg Chen · License #02121582
Source:
Lugobros
Added: Oct 12
Changed: Oct 28
Last Checked: Oct 28 at 3:09PM
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 Claus Realty Advisors
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Investment Insights
Based on property information with market context.
This mixed-use property is configured for animal care and is permitted for up to 24 large dogs. Two separate structures provide a combined three bedrooms and two bathrooms, with the secondary building available for isolation, kennel use, storage, or support functions. The kennel improvements include outdoor play areas, new A/C units, a dedicated office, and a washer and dryer. A private courtyard with a fountain and driveway parking add to the on-site facilities. The lot measures approximately 7,620 square feet.
Located on Riverside Drive in Newport Beach, the property offers access to John Wayne Airport and nearby freeways. The current lease extends through June 2028.
Located on Riverside Drive in Newport Beach, the property offers access to John Wayne Airport and nearby freeways. The current lease extends through June 2028.
Key Highlights
- Permitted for up to 24 large dogs
- Two structures with a combined 3 bedrooms and 2 bathrooms
- Approximately 7,620‑square‑foot lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,419
Suggested Prices Based on Cap Rates
Cap Rate 5%
$328,380
$328.4K
Cap Rate 7%
$234,557
$234.6K
Cap Rate 9%
$182,433
$182.4K
Market Conditions
NOI Build-Up for 973 SF
Gross rent
$29.2K $30.00/SF
− Vacancy
−$2.9K −$3.00/SF
EGI
$26.3K $27.00/SF
− OpEx
−$9.9K −$10.13/SF
NOI
$16.4K $16.88/SF
Area
Orange County, CA
Vacancy
10.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$328,380
Cap Rate 7%
$234,557
Cap Rate 9%
$182,433
Alternative Uses
Best Use
Mixed Use
$234.6K
$205.2K – $273.7K
NOI $16,419 @ 7.0% cap · market cap 91.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$326.8K
$286.0K – $381.3K
NOI $22,877 @ 7.0% cap · market cap 127.09%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,847
Businesses Nearby
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Business Placement
Demographics for 92660, CA
36,259
Population
17,144
Households
2.1
Avg Household Size
46
Median Age
70%
College-Educated
98%
High-School Grad
9.6 sq mi
ZIP Area
3,777
Density / Sq Mi
$154,035
Median Household Income
$91,054
Median Earnings
$3,349
Median Rent
$2,000,001
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The permitted animal-care operation includes two structures, outdoor play areas, and a separate office.
Where is this mixed-use property located?
The property is located at 20312 Riverside Dr Newport Beach, CA.
What are key features of this property?
This property features: Permitted for up to 24 large dogs; Two structures with a combined 3 bedrooms and 2 bathrooms; Approximately 7,620‑square‑foot lot
