101 E 15th Street,  Newport Beach CA, 92663 (Residential Income)

4,800 sqft
Status: Active
MLS#: LG16082011
Skip Slideshow
Last Updated: 12/5/2016 2:27 AM
Description for 101 E 15th Street Newport Beach, CA 92663
Truly a piece of historic “Old Balboa”, the Stuft Surfer Cafe, and its adjoining properties, present an extraordinary opportunity to own an oceanfront landmark on the Balboa Peninsula. With its long-standing history of serving the best breakfast burrito in town, this “toes-in-the-sand” establishment continues to be a favorite with locals and tourists alike.The property being offered consists of the corner restaurant, the adjacent retail surf shop, the oceanfront duplex (1504 W. Oceanfront), and an adjoining garage area. One hundred feet of ocean frontage and panoramic views in every direction. Currently being re-developed, permits are in place for the addition of a spacious three bedroom, three bath unit located above 101 and 103 15th Street, to include an expansive rooftop deck with spa, fireplace and barbecue area. Also included under permit is the construction of two garages, two carports, and a one bedroom, one bath unit with deck. Purchase the property prior to completion and customize to suit your needs. Upon completion build out of property to total approximately 7500sf for the residential and commercial space combined. Parcel is 5000sf with MU-CV zoning. Let your imagination flow as the possibilities for this remarkable property are endless!
Price
$12,500,000
Orange
4,800 (approx)
LG16082011
Active
Description
Truly a piece of historic “Old Balboa”, the Stuft Surfer Cafe, and its adjoining properties, present an extraordinary opportunity to own an oceanfront landmark on the Balboa Peninsula. With its long-standing history of serving the best breakfast burrito in town, this “toes-in-the-sand” establishment continues to be a favorite with locals and tourists alike.The property being offered consists of the corner restaurant, the adjacent retail surf shop, the oceanfront duplex (1504 W. Oceanfront), and an adjoining garage area. One hundred feet of ocean frontage and panoramic views in every direction. Currently being re-developed, permits are in place for the addition of a spacious three bedroom, three bath unit located above 101 and 103 15th Street, to include an expansive rooftop deck with spa, fireplace and barbecue area. Also included under permit is the construction of two garages, two carports, and a one bedroom, one bath unit with deck. Purchase the property prior to completion and customize to suit your needs. Upon completion build out of property to total approximately 7500sf for the residential and commercial space combined. Parcel is 5000sf with MU-CV zoning. Let your imagination flow as the possibilities for this remarkable property are endless!
Listing Information
Property Type: Cluster, 1 Story
0.11 Acres 500,000 sq.ft. 4,800 (approx)
$2,604.17 1928
1
1 Total
Neighborhood
Room Information
Exterior / Lot Features
None
No Pool
Sidewalks
Driving Directions
Cross Streets: West Oceanfront and 15th St.
Financial Considerations
04721128
Listing Price History

Newport Beach Real Estate

Newport Beach is located in California. Newport Beach, California 92663 has a population of 85,323.

The median household income in Newport Beach, California 92663 is $109,677. The median household income for the surrounding county is $75,566 compared to the national median of $53,046. The median age of people living in Newport Beach 92663 is 43.8 years.

Loading nearby sales and history ...
Courtesy: HOM Sotheby's International Re John Stanaland
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Information is deemed reliable but is not guaranteed.

Ask a Question?
Send Now
Start a no spam email conversation
My Drive Time
Enter your work address to view actual drive times with traffic for this property

No    Yes

Calculate & Save Calculating ...
Calculating ...
Here is the weekday INRIX Drive Time from this property to .

When you register, you will receive ...

Weekday drive times
Plus all these great features

  • Drive Time calculations that inform you about traffic conditions from the property you are interested in to your place of work, along with driving directions.
  • Automatic Drive Time calculations for every property. Simply enter your work address to start.
  • Access to INRIX Drive Time data that is used by Garmin, Pioneer, Toyota, and many other well-known companies.
  • Other benefits from being a registered user including: saved properties, saved searches, price alerts, notes, direct access to your agent and much more!

Register or login today to take advantage of Drive Time
Nearby homes for sale
Recent sales nearby