411 30th Street, Newport Beach, California 92663, Newport Beach, 92663 - 0 bed, 2 bath
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Newport Beach, California 92663
This property represents a High-Potential Investment Opportunity, listed at $5,750,000—positioned above the $5,372,800 Fair Market Value. While priced at a premium, the Mixed-Use Zoning on a rare 60-foot double lot provides significant development upside, including the potential for three luxury condos. With a Fair Condition Rating and 10 dedicated parking spaces, the asset is primed for value-add redevelopment. Located in the vibrant Cannery Village near top-rated schools like Newport Elementary, this is an ideal acquisition for Commercial Developers or Strategic Investors seeking long-term growth.
Prime Newport Beach mixed-use property for sale. 60-foot double lot with 10 parking spaces, ideal for luxury condo development in the heart of Cannery Village.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 411 30th Street Subject | $5,750,000* List Price | 0 | 2 | 2,790 | $1,926 | - |
A 517 30th Street Active | $4,395,000 List Price | 2 | 4 | 2,511 | $1,750 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998, this 28-year-old property falls into the 'Fair' category as it is over 20 years old without a recent major renovation. While the structure is functional and well-maintained for commercial use, the interiors—specifically the utilitarian stainless steel bathrooms and industrial office finishes—are dated and would require updates to meet modern luxury residential or mixed-use standards.
Elementary School: Newport Elementary School (9/10).
Situated on a rare 60-foot double lot with mixed-use zoning, the property offers the unique potential to maintain its current modern commercial use or develop up to three luxury residential condos.
Featuring 10 dedicated parking spaces plus a carport, this property provides an exceptionally rare and valuable amenity for both commercial clients and residential occupants in the high-density Cannery Village area.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5663, other record lot size in square feet = 5564.
Despite its premium Newport Beach location and $5.75M price point, the property lacks the ocean or harbor views typically expected by luxury residential buyers in this market.
To realize the property's maximum potential as luxury condos, a buyer must factor in significant additional costs for demolition or extensive conversion of the existing 1998 commercial structure.
Positioned on a rare double lot spanning 60 feet, this unique property offers unmatched versatility in one of Newport Beach’s most coveted neighborhoods. Zoned for mixed use, the existing modern commercial building is ready to accommodate a variety of business needs—or unlock even greater potential by transforming the space into a dynamic mixed-use haven or developing up to three residential luxury condos. With dedicated parking for 10 vehicles and a convenient carport, the property ensures ample parking and easy access for employees, clients, or residents—an invaluable amenity in Cannery Village. Inside, the sleek, contemporary architecture is complemented by a private back patio, perfect for outdoor meetings or relaxing breaks. Situated in the vibrant heart of Cannery Village, you’ll enjoy unparalleled walkability to acclaimed restaurants, boutique retail, and Newport’s iconic waterfront. Whether you envision a thriving business, luxury residences, or a mixed-use masterpiece, this property represents a rare investment opportunity in a truly irreplaceable location.
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades PK-6 • 0.8 mi
Grades 7-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,790 | 3,080 |
| Lot Size | 5,663 | 2,614 |
| Price | $5.75M | $4.35M |
| Price per sq ft | $2.1K | $1.6K |
| Built year | 1998 | 1938 |
| HOA | $0 | $0 |
| Days on market | 12 | 154 |
Jul 10, 2026
$5,750,000
Initial Listing
Sep 16, 1997
$350,000
Public Record