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$19,950,000
115 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 ?
Call Now: 949-280-0681
Is this the home for you? We can help make it yours.
949-280-0681
6208 W West Coast Highway6208 W West Coast Highway6208 W West Coast Highway6208 W West Coast Highway
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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.

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Listing Snapshot
Price 
$19,950,000
Days Online 
115 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 agoListing updated with changes from the MLS
3 months agoPrice changed to $19,950,000
4 months agoListing 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
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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
Properties

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.
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ABOUT ME

Sharon Paxson is a full-time REALTOR® with EQTY | Forbes Global Properties and has been specializing in residential real estate throughout the Newport Beach area since 2005 assisting Buyer’s, Seller’s, Landlords, and Tenants with their real estate needs.

If you are thinking about buying, selling or renting your home, condo or other Real Estate in the following areas including Newport Beach, Newport Coast, Corona del Mar, Huntington Beach there are thousands of Realtors to choose from. However, it doesn't cost you any more to work with a top Newport Beach CA Realtor. We welcome the opportunity to show you how we get outstanding real estate results with specific and targeted marketing. If you are looking for a top real estate agent who will make a difference you have come to the right place. Use this real estate website to learn about communities and homes for sale.

REAL ESTATE BROKERAGE SERVICES

  • Newport Beach Homes for Sale/Sharon Paxson®
  • Newport Beach area buyers, sellers, renters
  • 1100 Newport Center Drive
    Newport Beach, CA 92660
  • 949-280-0681 | DRE 01501912

DISCLAIMER

DISCLAIMER: All information, photographs & content contained on this site is the property of Sharon Paxson. You must obtain written permission from Sharon Paxson if you would like to use any of this content contained herein. Opinions expressed are those of Sharon Paxson and may not necessarily be opinions of past and present brokers. Articles may be time and date sensitive. All statistical information utilized to create market reports has been obtained from the CRMLS. Information Deemed Reliable but not Guaranteed.

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