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20071 SW Birch Street, Newport Beach, CA 92660

Commercial property

20071 SW Birch Street, Newport Beach, CA 92660 Sold April 2023 CRMLS
$4,450,000Sold April 2023

Listing Agent: Kenneth Lim (DRE #02156678) · Listing Office: PanTerra Realty · Contact: 949-482-8790 · Bought with: Edward Pan · Colliers International Greater Los Angel · MLS #OC23012138 · Source: CRMLS

38,934 sqft
Lot Size
SP-7 BP
Zoning
Commercial property
Type

About this commercial property

A perfectly positioned upscaled region of land in the heart of Central Orange County, this 38,280 sq. foot property is an optimal location suited for a wide range of developments. Mere minutes away from John Wayne Airport, the University of California, Irvine and the coastal attractions of Newport Beach, this plot presents new commercial / retail opportunities fit to optimize the established residential area that surrounds it. The location contains a long-lived residence available for tear-down and is currently zoned Business Park District: SP-7 (BP), making it unrestricted for commercial use. Surrounding residences fill out what is a family-friendly and values-rich neighborhood community. This robust, highly demanded residential area is a delightful mixture of vibrant and relaxed. In clear proximity to State Routes 55 and 73, venturing through Orange County or welcoming visitors will be an effortless duty. All 0.88 acres of land have been orderly maintained since the property's ongoing ownership, dating back to 1925.

Listing description from the April 2023 sale, as reported to CRMLS.

Sale history

$4,450,000
Sold April 2023 · listed $6,000,000, on market January 2023 · MLS #OC23012138 · Source: CRMLS
Listing Agent: Kenneth Lim · Listing Office: PanTerra Realty · Contact: 949-482-8790 · Bought with: Edward Pan · Colliers International Greater Los Angel
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