4695 Macarthur CtNewport Beach, CA 92660

Property Details for 4695 Macarthur Ct

Lot size

0.77 AC

Property type

Other commercial real estate

Property subtype

Showrooms

APN

445-121-15

APU

44512115

Description

This Class A, 19,867 square foot office building in Newport Beach, CA offers a variety of executive suites, coworking spaces, and creative office options. Located at 4695 MacArthur Court, 11th Floor, 92660, this 15-story marble and glass tower boasts a vibrant commercial location near John Wayne Airport. The property, renovated in 2019, features 350 suites with a minimum divisible space of 10 square feet and a maximum contiguous space of 1,300 square feet. Currently, 5,970 square feet are vacant. Amenities include elevators, a courtyard with fountains and palm trees, and convenient access to restaurants and bars. The space is ideal for businesses of all sizes, offering flexible options ranging from fully furnished private offices to custom solutions and day offices. A benefits program with exclusive discounts and procurement support is also available. This prime Orange County location provides easy access to various transportation links, making it an excellent choice for businesses seeking a prestigious and convenient workspace. The building offers a blend of modern design and comfortable functionality, creating an ideal environment for productivity and collaboration.

• CAP approach

  CAP return

  Valuation

  6%

  $24,141,708

  6.5%

  $22,284,654

  7%

  $20,692,892

• Comparable approach

  Method

  Valuation

  Relative Method

  $29,931,500

  Geo Method

  $29,931,500

• Alternative Use

  Use

  Valuation

  Residential

  $18,797,940

  Hospitality

  $17,218,812

  Educational

  $14,325,849

  Medical

  $14,818,537

  Retail

  $22,284,654

Location Insight

City

Newport Beach

County

Orange

State

California

Latitude

33.6704

Longitude

-117.862

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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