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$3,750,000 -$200,000 (-5.06%) Price Reduced

  • For Sale
  • Active
  • Commercial
  • 3,040 Sq. Ft.
  • 0.2415 Acres
  • Updated 5 days ago
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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.

Full Property Details for 306 Old Newport

General

  • Price: $3,750,000
  • Status: Active
  • Type: Commercial
  • Source: MRMLS
  • MLS ID: OC26041732
  • Updated: 7/12/2026
  • Days on Market: 137 days
  • Added to Site: 142 day(s) ago

Rooms

Other Rooms

  • Laundry: Inside, None

Location

  • County: Orange
  • Driving Directions: Newport Blvd and Hospital Rd. near PCH

Structural Information

  • # Buildings: 2
  • Entry Floor Number: 1
  • Stories/Levels: 1
  • Building Size: 3040
  • Square Feet: 3,040
  • Current Bldg. Use: Commercial
  • Year Built: 1953
  • Year Built Source: Assessor

Lot Features

  • Lot Size (Acres): 0.2415
  • Useable Acres: .2415
  • Lot Size (Sq. Ft.): 10,520
  • Lot Size Source: Assessor
  • Lot Dimensions: 10520
  • Lot Features: 0-1 Unit/Acre, Lot 10000-19999 Sqft
  • Lot Description: 0-1 Unit/Acre, Lot 10000-19999 Sqft

Financial Considerations

  • Price Per Sq. Ft.: $1,233

Disclosures and Reports

  • Investment: Yes
  • Property ID: 42538102

Listed by Kasumi Rlty Newport Beach, MieKatayama

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Listing agent

— 306 Old Newport —

  • MieKatayama

    Kasumi Rlty Newport Beach

949-433-6767

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 306 Old Newport

School District:Newport-Mesa Unified School District
NameGradesDistance
Newport Heights Elementary School
300 East 15th Street, Newport Beach, CA 92663
K-60.5 mi
Horace Ensign Intermediate School
2000 Cliff Drive, Newport Beach, CA 92663
7-80.8 mi
Newport Harbor High School
600 Irvine Avenue, Newport Beach, CA 92663
9-120.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 306 Old Newport Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/12/2026
Price Reduced
$3,750,000
-5.06%
MLS
2/25/2026
Listed
$3,950,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 306 Old Newport

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,017
2%
$512,844
2%
2024
$5,913
2%
$502,789
2%
2023
$5,769
2%
$492,931
2%
2022
$5,666
2%
$483,266
2%
2021
$5,561
1%
$473,791
1%
2020
$5,507
2%
$468,933
2%
2019
$5,403
2%
$459,739
2%
2018
$5,300
5%
$450,725
6%
2017
$5,054
2%
$427,182
2%
2016
$4,945
1%
$418,806
2%
2015
$4,896
2%
$412,516
2%
2014
$4,782
1%
$404,436
—
2013
$4,749
—
$402,609
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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with our affiliated lender
NMLS#: 1598647

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Listed by Kasumi Rlty Newport Beach, MieKatayama

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306 Old Newport, Newport Beach, CA 92663 (MLS# OC26041732) is a Commercial property. 306 Old Newport is currently listed for $3,750,000 and was received on February 25, 2026. Want to learn more about 306 Old Newport? Do you have questions about finding other Commercial real estate for sale in Newport Beach? You can browse all Newport Beach real estate or contact a Coldwell Banker agent to request more information.

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