Exceptional Newport Beach Office /RECENT APPRAISAL

Exceptional Newport Beach Office , Offered at $4,960,000, with a RECENT APPRAISAL done in March 2025 at $4,960,000, or you can purchase either of the two parcels separately at $2.500,000 and $2.460,000/ with land lease. This is a rare opportunity to acquire a fully improved, turnkey office campus in one of Southern California's most prestigious business locations-Newport Beach, Orange County. Spanning two adjoining parcels and offering a combined 14,650± square feet of premium office space on a 10,019 square foot lot, this remarkable property blends luxury, functionality, and long-term investment potential. The office campus includes a total of 22 private offices with individual heating and air conditioning units-ensuring optimal comfort and energy efficiency. Across both buildings, the interiors are extensively upgraded and thoughtfully designed to meet the demands of modern business operations. Features include multiple executive offices, dedicated break rooms, ample storage, and his and hers restrooms. An executive bathroom, a 60-count humidor cigar area, and a 240-bottle wine locker add a distinctive touch of sophistication. Each building features full kitchens equipped with high-end appliances, including a KitchenAid refrigerator/freezer, Samsung microwave and oven, range, and washer/dryer. Outdoor patios, putting greens, TVs, and power outlets provide excellent spaces for entertaining or employee relaxation. Strategically located adjacent to the 73 Toll Road and just minutes from the 405 Freeway and John Wayne Airport, the property offers unparalleled accessibility. It is also in close proximity to premier shopping centers and a wide variety of dining options, from casual to fine dining. Leasehold Information: The property is held under a land lease structure. The current monthly lease rate is $18.122 with a 1% annual increase. The lease term extends through 2036 with extension options available. Buyers should be aware this is a leasehold interest and are encouraged to review the lease terms thoroughly. Investment Highlights: Combined 14,650± SF of upgraded office space 22 private offices with individual HVAC systems High-end kitchens and break areas Executive-level amenities including humidor and wine storage Outdoor patios, putting greens, and entertainment features Ample parking and exceptional regional access Located in the heart of Newport Beach's business corridor Offered at $4,960,000 for both parcels (APN #427-231-22 and adjacent parcel)