Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    207 Cypress St, Unit A Newport Beach, CA 92661

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $4,800 /Mo ($57 SF/Yr)

    Unfurnished, upgraded 2-bedroom, 1-bath unit near bay and beach.

    Property size:
    1,000 SF
    Lot size:
    0.06 Acres

    Property Features for 207 Cypress St

    General Information

    Size
    1,000 SF
    Lot size
    0.06 Acres

    Building Details

    Year built
    1961

    We can help!

    Listing Contact
    Mehdi Khosh
    Source: Kw

    Listing Agent: Mehdi Khosh

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

    Learn more

    Property Insight Report

    Overview

    Upgraded Balboa Peninsula Lower Unit

    This unfurnished lower unit is a beautifully upgraded 2-bedroom, 1-bath main-floor unit located in the heart of Balboa Peninsula. The kitchen features stylish flooring, sleek quartz countertops, bright white cabinetry, a chic tile backsplash, and stainless steel appliances. A portable a/c unit is included, which can be moved from room to room. The modern bathroom offers a walk-in shower and a double-sink vanity. The property includes a private patio, in-unit stackable washer and dryer, and a single-car garage with additional storage space. Situated one block from both the bay and the beach, this location is within walking distance of restaurants and shopping. The unit has a property size of 1000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Newport Beach
    County
    Orange
    State
    California
    Longitude
    -117.90255
    Latitude
    33.6034

    Nearby Similar for Lease

    • $10,500 /Mo
      2,374 SF

      Furnished Coastal Residence with Ocean Views

      Remodeled, furnished single-level residence with ocean views in gated community.
      83 Ocean Blf, Newport Beach, CA 92660
      View Details
    • $5,900 /Mo
      1,154 SF

      Newport Coast Single-Story Home

      Single-story home in gated Newport Coast community with modern updates.
      9 Veroli Ct, Newport Coast, CA 92657
      View Details
    • $10,000 /Mo
      1,065 SF

      Renovated Coastal Retreat Near Beach

      Furnished 3BR/3BA condo near beach, shops, and dining.
      206 Adams St, Newport Beach, CA 92661
      View Details
    • $4,200 /Mo

      Remodeled Condo in Park Lido

      Elegantly remodeled 2-bedroom condo in Newport Beach's Park Lido.
      416 Bolero Way, Newport Beach, CA 92663
      View Details
    • $4,800 /Mo
      1,181 SF

      Newport Beach Apartment with Garage

      Spacious 2 bed, 2 bath apartment in prime Newport Beach.
      148 Woodburne, Newport Beach, CA 92660
      View Details
    • $18,500 /Mo

      Luxury Retail Space in Corona

      Prime retail space in affluent Corona del Mar Village.
      3519 E Coast Blvd, Corona del Mar, CA 92625
      View Details
    • Contact for pricing
      40,000 SF

      Newport Beach Executive Suites

      Prestigious Office Space Available Now
      567 San Nicolas Dr, Newport Beach, CA 92660
      View Details
    • Contact for pricing
      62,168 SF

      Newport Beach Executive Suites

      Prestigious Office Space Available Now
      4910 Birch St, Newport Beach, CA 92660
      View Details
    • $78 SF/Yr
      145,000 SF

      Newport Lido Medical Office Space

      Prime Newport Beach Medical Office Suites Available
      351-361 Hospital Rd, Newport Beach, CA 92663
      View Details
    • Contact for pricing
      75,000 SF

      Newport Beach Medical Office Space

      Class A Medical Office Suites Available
      3300 Irvine Ave, Newport Beach, CA 92660
      View Details
    • $7,000 /Mo
      3,133 SF

      Furnished Medical Office Sublease

      Furnished medical office with exam and operating rooms for sublease.
      SW Birch St, Newport Beach, CA 92660
      View Details
    • $2 SF/Yr
      4,923 SF

      Newport Beach Executive Suites

      Prestigious Office Space Available Now
      1200 Quail St, Newport Beach, CA 92660
      View Details

    FAQs

    What type of property is this?
    Duplex - Unfurnished, upgraded 2-bedroom, 1-bath unit near bay and beach.
    Where is this duplex located?
    The property is located at 207 Cypress St, Unit A Newport Beach, CA.
    What is the lease rate?
    The lease rate is $57 SF/Yr.
    What are key features of this property?
    This property features: - Prime location: Just one block from the bay and the beach!; - Upgraded kitchen featuring quartz countertops, tile backsplash, stainless steel appliances, and bright white cabinetry.; - Enjoy your own private patio.
    (714) 609-2361
    Request Owner's contact information
    207 Cypress St, Unit A Newport Beach, CA 92661
    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.
    207 Cypress St, Unit A
    Newport Beach, CA 92661
    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
    207 Cypress St, Unit A Newport Beach, CA 92661
    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
    Mehdi Khosh
    (714) 609-2361
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.