2260 University DrNewport Beach, CA 92660

Property Details for 2260 University Dr

Year built

1983

Lot size

0.52 AC

Property size (Sq ft)

26,561 SF

Property type

Other commercial real estate

APN

439-401-07

APU

43940107

Description

This exceptional Class A office building, located at 2260 University Dr, Newport Beach, CA 92660, presents a unique owner-user opportunity. The 26,561 square foot, two-story building underwent a complete renovation in 2015, boasting updated mechanical systems and high-end finishes. Situated on a 0.5-acre lot (APN 439-401-07), this property offers a prime location in the heart of Newport Beach, with convenient access to major freeways (55, 73, and 405), upscale dining, and retail amenities. The building features five on-site EV charging stations and ample parking. The permitted zoning is AP. Built in 1983, this meticulously maintained property provides a sophisticated and efficient workspace, ideal for a corporate headquarters. The asking price is $15,495,000 ($583.37/sq ft). Occupancy is available September 1, 2024. This investment offers significant long-term financial benefits in a highly desirable Southern California location. The property's modern design and state-of-the-art features create a professional and inviting atmosphere. Its strategic location ensures easy access to John Wayne Airport and surrounding areas, maximizing convenience and connectivity for employees and clients alike. This is a truly exceptional opportunity to acquire a turnkey, trophy office building in one of the most sought-after areas of Newport Beach.

• Alternative Use

  Use

  Valuation

  Residential

  $14,795,592

  Hospitality

  $13,552,683

  Educational

  $11,275,673

  Medical

  $11,663,461

  Retail

  $17,539,936

Location Insight

City

Newport Beach

County

Orange

State

California

Latitude

33.6543

Longitude

-117.883

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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