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    4440 Von Karman Ave Newport Beach, CA 92660

    Sponsored
    For Sale
    Contact for pricing

    8 Units, Newly Renovated, Prime Location

    Property size:
    2,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    Waypoint Newport, a three-story Class B medical office building located at 4440 Von Karman Ave, Newport Beach, CA 92660, presents a unique investment opportunity. This 45,501 square foot property, built in 1975 and extensively renovated in 2023, boasts eight individual units ranging in size from 2,200 to 11,000 square feet. The building has recently received approval for medical use, making it ideal for a variety of healthcare practices. The common areas and restrooms have undergone a complete modernization, offering a fresh and updated aesthetic. Situated in Orange County, this property benefits from a highly desirable location in Newport Beach. The building's current vacancy status presents a chance for immediate occupancy and customization to suit a buyer's specific needs. This is a rare opportunity to acquire a well-maintained, recently renovated medical office building in a prime Southern California location. The property is currently offered for sale by owner. The building's size and unit configuration offer flexibility for both single-tenant occupancy or multi-tenant use. This is an exceptional opportunity to establish or expand a medical practice in a thriving market.

    Property Features for 4440 Von Karman Ave

    General Information

    Property type
    Medical offices
    Square Feet
    2,200 SF
    Class
    B

    Building Details

    Year Built/Renovated
    1975/2023
    Stories
    3
    Units
    8

    HighLights

    • Class B medical office building in Newport Beach, CA.
    • 8 units totaling 45,501 net rentable square feet.
    • Suites range from 2,200 to 11,000 square feet.
    • Recently renovated in 2023 with new common areas and restrooms.
    • Located at 4440 Von Karman Ave, Newport Beach, CA 92660.
    • Three‑story building constructed in 1975.
    Property Profile Location Intelligence

    Current Use by Public Records

    Nicole A Garcia, MD Holistic Medicine Practitioner Triqor Group Real Estate Agency BellaVita Clinics - Dr. ... Medical Clinic Design Intervention Interior Designer Vimpex International Corporation Wholesaler

    Suggested Use

    Restaurant Building Supply Dental Office Realty agency Auto Repair Shop Wholesale Shop Spa & Massage Hair Salon Clothing Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Newport Beach
    County
    Orange
    State
    California
    Longitude
    -117.8611339
    Latitude
    33.6663011

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    FAQs

    What type of property is this?
    Medical office - 8 Units, Newly Renovated, Prime Location
    Where is this medical office located?
    The property is located at 4440 Von Karman Ave Newport Beach, CA.
    What are key features of this property?
    This property features: Class B medical office building in Newport Beach, CA.; 8 units totaling 45,501 net rentable square feet.; Suites range from 2,200 to 11,000 square feet.
    Request Owner's contact information
    4440 Von Karman Ave Newport Beach, CA 92660
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    Newport Beach, CA 92660
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    Realmo Value Estimation

    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.

    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.

    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
    4440 Von Karman Ave Newport Beach, CA 92660
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