Real Estate Listings & Homes for Sale
Save
Ask
Tour
Hide
$19,950,000
117 Days Online
6208 W West Coast Highway Newport Beach, CA 92663
For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths
22,814
SqFt
$874
/SqFt
1970
Built
County:
Orange
Listed by ALBERT LE of LE INVESTMENT GROUP ?
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
Call Now: (866) 538-6057
Is this the home for you? We can help make it yours.
(866) 538-6057
Save
Ask
Tour
Hide
Mortgage Calculator
Monthly Payment (Est.)
$91,020Calculator powered by Showcase IDX. Copyright ©2023 Information is deemed reliable but not guaranteed.
Investment Highlights; Seller Financing available at 5.50% interest only with 50 % LTV. Attractive 7.54% Cash-on-Cash return with seller financing. ProForma CAP Rate of 6.68%. Current CAP Rate of 6.52% / 10-Year Corporate Backed Lease with (2) 5-Year Options to Extend / Recent Capital Improvements Exceeding $225,000+ / Master-leased boutique hotel located in Newport Beach, CA. The hotel offers 47 rooms with a range of amenities. The asset is situated along the Pacific Coast Highway (90,000+ VPD), providing guests with stunning views of the ocean and easy access to the beach. The hotel is in a prime location for exploring Newport Beach, with a variety of shops, restaurants, and attractions located nearby.
Save
Ask
Tour
Hide
Listing Snapshot
Price
$19,950,000
Days Online
117 Days
Bedrooms
N/A
Inside Area (SqFt)
22,814 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.46 Acres
Year Built
1970
MLS Number
IV23101301
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 2 months ago | Listing updated with changes from the MLS | |
| 3 months ago | Price changed to $19,950,000 | |
| 4 months ago | Listing first seen online |
General Features
Building Features
ElevatorsPhone SystemRecreation Room
Number of Stories
4
Acreage
0.46
Water
Public
Security
Security SystemCarbon Monoxide DetectorsFire Detection SystemFire Sprinkler SystemItem24 Hour SecurityKey Card EntrySmoke Detectors
Property Sub Type
Hotel Motel
Zoning
CV
Listing Conditions
Standard
Interior Features
Laundry Features
Inside
Save
Ask
Tour
Hide
Exterior Features
Fencing
None
Waterfront Features
Acrossthe Roadfrom Lake OceanBeach AccessOcean Access
Lot
Corner LotNear Park
Other Structures
Living Quarters
Community Features
Community Features
Park
MLS Area
N26 - Newport Coast
Security Features
Security SystemCarbon Monoxide DetectorsFire Detection SystemFire Sprinkler SystemItem24 Hour SecurityKey Card EntrySmoke Detectors
Building Features
ElevatorsPhone SystemRecreation Room
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.