$5,950,000
Active
13 Days Online
0 Beds0 Baths5,080 SQFT
Active

501 Park Avenue Newport Beach, CA 92662

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THE PROPERTY: Welcome to your slice of paradise on Balboa Island in Newport Beach! This exquisite property offers an unparalleled opportunity to own a top-performing restaurant with two stunning apartments above, all completely rebuilt to perfection in 2015. THE RESTAURANT: Step into the heart of culinary excellence as you enter the spacious and inviting restaurant and bar area. Bathed in natural light pouring through large windows, this space exudes warmth and charm. With ample room for indoor and outdoor seating and a meticulously designed kitchen equipped with top-of-the-line appliances, it’s a dream canvas for creativity. THE LOCATION Situated in the heart of Balboa Island, this property enjoys a prime location in one of Newport Beach’s most coveted neighborhoods. Surrounded by quaint shops, charming cafes, and scenic waterfront vistas, residents and visitors alike are drawn to the vibrant energy and unparalleled beauty of this coastal community. With easy access to the Balboa Island Ferry, nearby beaches, and an array of recreational activities, the possibilities for adventure and relaxation are endless.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyOrange
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site12 Days
  • MLS StatusActive
  • MLS ID NumberOC24091109
  • Home Size Source N/A
  • Year Built2015
  • Lot Size0.1171 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Number of Stories 2
  • Acreage 0.1171
  • Water Public
  • Property Sub Type Multi Family
  • Listing Conditions Standard

Interior Features

  • Cooling Central Air
  • Heating Central
  • Laundry Features None

Exterior Features

  • Lot Corner Lot

Community Features

  • MLS Area N9 - Lower Newport Bay - Balboa Island

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Monthly Payment (Est.)

$31,732
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