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Closed
- Listed price
- $6,995,000
- Listed Sep 6, 2021
- Sold price
- $6,200,000
- Sold Dec 22, 2021
16,553 sqft lot|1985 Built|54 MLS days on market
471 Old Newport Blvd, Newport Beach, CA 92663
Property Description
We are pleased to present the opportunity to purchase 471 Old Newport Blvd. Ideally located in Newport Beach, CA this 3 story Class B low rise office building is perfect for an investor looking for a trophy asset or for an owner user who wishes to occupy a portion of the building while generating income from the other tenants. 471 Old Newport Blvd has existing in place rents that are more than 50% below current market on short terms leases offering an investor immense possibilities. This asset offers tremendous upside as a new multi-tenant office project or occupancy by a single tenant/owner user. The irreplaceable location offers close proximity to Hoag Hospital, Fashion Island, Pacific Coast Highway, and all the amenities 17th Street has to offer.
Listing agent: Timothy CarrDRE #01017277tci@timcarrgroup.com, Listing office: Villa Real Estate
MLS data updated 11/4/2026, 5:23:19 AM PT
Source: CRMLSMLS #: NP21198106
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$6,200,000
Dec 22, 2021
Available records22021
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$6,200,000Closed sale · Dec 22, 2021ZIP 92663 · Dec 2021
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 1 price recordsDec 22, 2021 – Dec 22, 2021
ZIP 92663 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (1)
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.