$3,495,000
Beds:
4
Baths:
3 full, 1 half
Sqft:
3,096
Sqft lot:
3,100
Acre lot:
0.07
46 Days On Market -
Courtesy of LMB Enterprises.
Status:
Active
Property Type:
Attached
Year Built:
1989
Days On Website:
46
Description
Iconic, mixed-use 2-unit building located in Newport Beachs popular Cannery Village. This Mediterranean-style property offers one residential unit and one commercial office/retail space. Upstairs you will find an extremely large residential unit consisting of 4 bedrooms, 3 of which are en suite, and 3.5 bathrooms. THIS RESIDENTIAL UNIT HAS A SHORT-TERM LODGING PERMIT and is currently being used as a short-term rental. It is a generous 2,117 square feet and boasts peek-a-boo water views of the harbor from the living room and large front sundeck. Updated and remodeled throughout with thoughtfulness to preserve some of the original elements of the vibrant property. A perfectly placed center atrium brings an abundance of natural light into the center of the home. Vaulted ceilings, skylights, and open spaces give a sense of vastness. There is a laundry room conveniently located in the hallway. The primary bathroom has an oversized operable skylight that can be opened for natural air circulation. This residential unit has 2 dedicated garage spaces that are tandem parked. Downstairs you will find a versatile commercial office/retail space that is approximately 1,000 square feet. There is a dedicated bathroom for the commercial space and in the rear, you will find 4 car parking with easy access off the alley. It is currently leased as office space at $3,200 per month with the end of the lease term in mid-June, 2025. You cannot ask for a better location! Centrally located in the heart of the Balboa Peninsula within the charming Cannery Village. The oversized lot size of this propert
Features
Bathrooms
- 1 half bathroom
- 3 full bathrooms
- 4 total bathrooms
Bedrooms
- 4 bedrooms
- 4 total bedrooms
Building
- 3,096 estimated square feet
- Source: Public Records
- Built in 1989
- 2 stories
- 2 units in complex
- Deck
- 2 story
Floors
- Carpet
- Tile
Water Features
- Public
Heating
- Forced Air Unit
Laundry
- Laundry Room
- Inside
Listing
- Source: SDMLS
- For Sale
- 38 days on market
- Listed on 2024-08-02
Location
- County: Orange
Lot
- Approximately 3,100 square feet
- 1-3,999 SF
- Approximately 0 acres
Garage
- 2 garage parking spaces
- Tandem
- Garage
Parking
- 6 total parking spaces
- Non-Garage Parking: Carport
Property
- Bay
- Water
- Harbor
Sewer
- Public Sewer
Property Map
Map View
$3,495,000 - 507 29th Street, Newport Beach, CA 92663
Street View
Directions
507 29th Street
Newport Beach, CA 92663
County: Orange