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2260 University Dr

26,561 SF Office Building Newport Beach, CA 92660 $15,495,000 ($583/SF)

Investment Highlights

  • Extensively renovated in 2015, featuring updated major mechanical systems, high-end finishes throughout & state-of-the-art energy efficient upgrades.
  • Proximity to major freeways (55, 73 & 405), retail centers, top-tier restaurants, and John Wayne Airport.
  • Premier Newport Beach location with sweeping back bay views.
  • On site EV charging stations (5) w/ ample parking.

Executive Summary

This extensively renovated, two-story trophy office property spans approximately 26,561 square feet, making it ideally suited for an owner-user seeking a prestigious, turnkey office space. Located in the heart of Newport Beach, this building underwent comprehensive renovations in 2015, ensuring all major mechanical systems are updated and of the highest standard. The state-of-the-art facilities and contemporary design elements create a professional and inviting environment perfect for any corporate headquarters.
The building's prime location offers proximity to high-end retail and dining options, providing numerous conveniences, and easy access to major freeways enhances connectivity to surrounding areas.
This property offers significant long-term financial benefits for businesses looking to own their office space in one of Southern California’s most sought-after locations.

Property Facts

Sale Type
Owner User
Property Type
Office
Building Size
26,561 SF
Building Class
A
Year Built/Renovated
1983/2015
Price
$15,495,000
Price Per SF
$583
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
13,280 SF
Building FAR
1.22
Lot Size
0.50 AC
Zoning
AP, Newport Beach
Parking
4 Spaces per 1,000 SF Leased

Amenities

  • 24 Hour Access
  • Controlled Access
  • Security System
  • Signage
  • Storage Space
  • Air Conditioning
  • Balcony

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 13,281 SF
  • Office
  • Full Build-Out
  • Now
  • 2nd Floor
  • 13,280 SF
  • Office
  • Full Build-Out
  • Now
Space Size Space Use Condition Available
1st Floor 13,281 SF Office Full Build-Out Now
2nd Floor 13,280 SF Office Full Build-Out Now

1st Floor

Size
13,281 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Floor

Size
13,280 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Floor

Size 13,281 SF
Space Use Office
Condition Full Build-Out
Available Now

2nd Floor

Size 13,280 SF
Space Use Office
Condition Full Build-Out
Available Now

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
439-401-07
Land Assessment
$12,403,906 (2023)
Improvements Assessment
$3,153,535 (2023)
Total Assessment
$15,557,441 (2023)
  • Listing ID: 31865732

  • Date on Market: 5/20/2024

  • Last Updated:

  • Address: 2260 University Dr, Newport Beach, CA 92660

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