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Newport Beach, CA

$3,750,000

306 Old Newport, Newport Beach, CA
1953
Built
132
Days listed

About this home

Location Location Location !!! Huge price improvement !!! Offering 306 - 308 Old Newport Blvd. in Newport Beach. Prime mixed -use of 2 buildings of commercial property with the parking lots is between the two buildings. 306 N. Newport is 1,558 sqft and 308 No. Newport is 1,482 sqft in total of 3,040 sqft. The total parking spaces is 18 cars. Currently both tenants are monthly rent with 2 months notice. Across the street of Hoag Hospital Newport Beach and near PCH. The first time on the market over 40 years. Please DO NOT disturb the tenants. Subject to 1031 Exchange. Seller is RE licensee.

Facts & features

Interior
Laundry
Inside, None
Exterior & lot
Lot size
0.242 acres (10,520 sq ft)
Year built
1953
Community
Area
N 6 - Newport Heights
County
Orange
Listing details
Status
Active
Property type
Mixed Use
Days on market
132
Listed
2026-02-25
Original price
$3,950,000
Terms
Cash, Cash To New Loan, Exchange 1031
Parcel #
42538102
MLS #
OC26041732
Listed by
Mie Katayama · Kasumi Rlty Newport Beach
949-433-6767miekatayama@gmail.comDRE #00490970

Location

Price history

Listed
$3,950,000 · 2026-02-25
Price reduced
$3,750,000 (−$200,000)
Days on market
132
Current price
$3,750,000
Financing

Could this home be yours?

Estimated monthly payment
$23,525
$18,962 principal & interest · $4,563 taxes & insurance
$750,000
Estimate only
Loan $3,000,000

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Listing data provided by CRMLS

Listing courtesy of Kasumi Rlty Newport Beach. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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306 Old Newport, Newport Beach, CA — $3,750,000 | Your Agent