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Newport Beach Live-Work Opportunity
For Sale
$3,925,000

502 W Balboa Boulevard, Newport Beach, CA 92661

Three-level building with commercial space and panoramic views.

Property Size2,482 SF
Price / SF$1,581
Days on Market436

Property Features for 502 W Balboa Boulevard

General Information

Standard status Active
Size 2,482 SF

Building Details

Year Built 2022
Listing Agency: WINDSOR INV., INC.
Listed By: TOM WILLIAMS
Source: Corcoran
Added: May 28, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

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 WINDSOR INV., INC.

Investment Insights

Based on property information with market context.

This recently completed (2022) three-level building, located on the Newport Beach peninsula, offers a live-work opportunity. The ground floor features a commercial space or home office with a dedicated bathroom. The second level includes a living area, a kitchen with island seating, two secondary bedrooms, and a shared bathroom. The entire third floor is dedicated to the primary suite, featuring a bedroom, en-suite bathroom, and walk-in closet. A large open deck on this level provides panoramic views of Fashion Island, Newport Coast, and the Newport Beach coastline. The property includes a two-car-attached garage plus two carport parking spaces. The property size is 2482 square feet.

Key Highlights

  • Panoramic views of Fashion Island, Newport Coast, and the Newport Beach coastline from a large open deck.
  • Rare live‑work opportunity with versatile commercial space/home office on the ground floor.
  • Recently completed in 2022, ensuring modern construction and amenities.

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Auto Parts Store Auto Repair Shop Plumbing Service Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

609
Businesses Nearby

Demographics for 92661, CA

3,457
Population
2,727
Households
1.3
Avg Household Size
48
Median Age
58%
College-Educated
98%
High-School Grad
0.7 sq mi
ZIP Area
4,939
Density / Sq Mi
$209,620
Median Household Income
$135,407
Median Earnings
$2,836
Median Rent
$2,000,001
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Live-work space - Three-level building with commercial space and panoramic views.
Where is this live-work space located?
The property is located at 502 W Balboa Boulevard Newport Beach, CA.
What is the asking price?
The asking price for this property is $3,925,000.
What are key features of this property?
This property features: Panoramic views of Fashion Island, Newport Coast, and the Newport Beach coastline from a large open deck.; Rare live‑work opportunity with versatile commercial space/home office on the ground floor.; Recently completed in 2022, ensuring modern construction and amenities.
More about this property
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