Commercial > Other
Pending
12/15/1988
List Price
$3,695,000$1,193/ft²
507 29th St
Newport Beach, CA 92663
- 4Beds
- 5Baths
- 3,096ft²Living Area
- 3,100ft²Lot Size
- -Pool
- 6Car
- 1989Year Built
- 148DOM
- 34Permits
507 29th St, Newport Beach, CA 92663 is a 4 bed, 5 bath, 3,096 ft² property built in 1989 on a 0.071 acre lot with 34 construction permits. This property is currently pending, and it was last sold in 1988 for $205,000.
MLS Description
The listing agent's description. Original Listing
Iconic, mixed-use 2-unit building located in Newport Beach’s 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 property is slightly wider than the typical 30-foot-wide standard lot size found in this area. Most of the mixed-use properties located nearby have a live/work deed restriction that requires the same owner to occupy the residential unit as well as run the downstairs commercial business. This property does NOT have that deed restriction. This means that each unit can be occupied by a completely separate and independent party. Note: The Seller would like to do Seller-Financing for qualified Buyers on terms that are favorable and agreeable to all parties. Contact Listing Agent - Larry Birnbaum with LMB Enterprises - call/text - 714.655.8108 - Larry@LmbEnterprises.com
Listing Agents
The listing agent for 507 29th St is Larry Birnbaum.
LB
Larry Birnbaum
LMB Enterprises
License: 01363487
Phone: (714) 655-8108
Permits
507 29th St has 34 permit records.
Permit History
34
Permits
April 21, 2009
Description: Approved with conditionsStatus: approvedType: PlanningEffective Date: 2009-04-21Permit Number: UP1867
January 5, 2009
Description: ApprovedStatus: approvedType: PlanningEffective Date: 2009-01-05Permit Number: UP0211
June 19, 2007
Description: Approved with conditionsStatus: approvedType: PlanningEffective Date: 2007-06-19Permit Number: MD3472
February 15, 2000
Description: Electrical/sep circuit (unit #c)Status: finalType: ElectricalSub Type: OthEffective Date: 2000-02-15Permit Number: E2000-0113
February 3, 2000
Description: Electrical/service (#b)Status: finalType: ElectricalSub Type: OthEffective Date: 2000-02-03Permit Number: E9905719
February 3, 2000
Description: Mechanical/oven ventStatus: finalType: MechanicalSub Type: OthEffective Date: 2000-02-03Permit Number: H9905516
February 3, 2000
Description: plumbing/sink, dishwasher, water piping, whStatus: finalType: plumbingSub Type: OthEffective Date: 2000-02-03Permit Number: P9905679
November 23, 1999
Description: Mechanical and plumbingStatus: approvedType: Plan checkSub Type: OthEffective Date: 1999-11-23Permit Number: 6059-99
October 28, 1999
Description: Mechanical and plumbingStatus: appliedType: ProjectEffective Date: 1999-10-28Permit Number: 99005940
July 15, 1996
Description: Ng for auto storage (choice leasing)Status: issuedType: ProjectEffective Date: 1996-07-15Permit Number: 96004431
January 16, 1995
Description: Aic/condo conversion units a & bStatus: plancheckType: BuildingSub Type: OthEffective Date: 1995-01-16Permit Number: 54-95
January 16, 1995
Description: Aic/condo conversion units a & bStatus: issuedType: ProjectSub Type: OthEffective Date: 1995-01-16Permit Number: 95000149
September 16, 1992
Description: Electrical outlets, fixtures bStatus: finalType: ElectricalSub Type: Tenant improvementEffective Date: 1992-09-16Permit Number: E9200197
March 20, 1992
Description: Office space improvement 989 sq ft bStatus: finalType: BuildingSub Type: Tenant improvementEffective Date: 1992-03-20Permit Number: B9200355
February 25, 1992
Description: Office space improvement 989 sq ft bStatus: approvedType: BuildingSub Type: Tenant improvementEffective Date: 1992-02-25Permit Number: 228-92
February 10, 1992
Description: Tenant improvement 989 sq ft bStatus: issuedType: ProjectSub Type: Tenant improvementEffective Date: 1992-02-10Permit Number: 92000586
May 1, 1990
Description: Electrical permit/outlets/fixturesStatus: finalType: ElectricalSub Type: AlterEffective Date: 1990-05-01Permit Number: E8911489
March 14, 1990
Description: HVAC/heating unitsStatus: finalType: MechanicalSub Type: NewEffective Date: 1990-03-14Permit Number: H89-5794
March 14, 1990
Description: Electrical permit/add outletsStatus: finalType: ElectricalSub Type: AdditionEffective Date: 1990-03-14Permit Number: E89-9577
March 14, 1990
Description: plumbing permit (b88-11815)Status: finalType: plumbingSub Type: NewEffective Date: 1990-03-14Permit Number: P89-8941
February 19, 1990
Description: Electrical permit/combo res/office/garStatus: finalType: ElectricalSub Type: NewEffective Date: 1990-02-19Permit Number: E89-9839
November 2, 1989
Description: T.d. #bStatus: finalType: BuildingSub Type: AlterEffective Date: 1989-11-02Permit Number: B8918092
October 11, 1989
Description: T.d. #bStatus: issuedType: ProjectSub Type: AlterEffective Date: 1989-10-11Permit Number: 88007322
October 11, 1989
Description: T.d. #bStatus: approvedType: BuildingSub Type: AlterEffective Date: 1989-10-11Permit Number: 2344-89
September 15, 1989
Description: Res/office/gar-r/gar 2117/979/581/684 sfStatus: finalType: BuildingSub Type: NewEffective Date: 1989-09-15Permit Number: B8811815
September 3, 1989
Description: plumbing permit/sewer abandonmentStatus: finalType: plumbingSub Type: DmoEffective Date: 1989-09-03Permit Number: P89-8837
September 2, 1989
Description: Electrical permit/power pole (b88-11815)Status: finalType: ElectricalSub Type: NewEffective Date: 1989-09-02Permit Number: E89-9093
August 16, 1989
Description: Precise gradingStatus: finalType: GradingSub Type: NewEffective Date: 1989-08-16Permit Number: G89-0511
March 7, 1989
Description: Demolish industrial building (boat repair)Status: finalType: BuildingSub Type: DmoEffective Date: 1989-03-07Permit Number: B8913412
February 28, 1989
Description: Res/office/gar-r/gar 2117/979/581/684 sfStatus: approvedType: BuildingSub Type: NewEffective Date: 1989-02-28Permit Number: 2747-88
February 24, 1989
Description: Precise gradingStatus: approvedType: BuildingSub Type: NewEffective Date: 1989-02-24Permit Number: 2747A-88
February 24, 1989
Description: Demolish industrial building (boat repair)Status: issuedType: ProjectSub Type: DmoEffective Date: 1989-02-24Permit Number: 88003583
January 16, 1989
Description: Precise gradingStatus: issuedType: ProjectSub Type: NewEffective Date: 1989-01-16Permit Number: 88002901
January 5, 1989
Description: Res/office/gar/gar 2117/979/581/684 sfStatus: issuedType: ProjectSub Type: NewEffective Date: 1989-01-05Permit Number: 88002733
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2023$8,608.82From latest Total Assessed Value1.19%Total Assessed Value$721,149=Land+
Assessed Value$347,367Additions
Assessed Value$373,782
In 2023, taxes billed for 507 29th St were $8,608.82, which is 1.19% from latest Total Assessed Value of $721,149.
Property History
507 29th St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 507 29th St
Hazard Risks
Earthquake383Lead111Particulates104Air Pollution104Carb Mono102Ozone101Nat'l Avg100Tornado78Weather36Hurricane10Wind4Hail1
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 507 29th St.
Walkability Index
20 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
507 29th St has a walkability score of 20 out of 20, which means that it is in a most walkable area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
45°F
High
66°F
Summer
Average
Low
61°F
High
74°F
In the winter at 507 29th St, temperatures range from 45.15°F to 65.77°F with an average of 55.46°F. In the summer, the temperature ranges from 60.5°F to 74.22°F with and average of 67.36°F.
School Information
Public/private schools serving 507 29th St
Public Schools
Ensign Intermediate School
Grades: 7-8
0.76 mi
B+
Newport Elementary School
Grades: KG-6
0.79 mi
A
Newport Harbor High School
Grades: 9-12
1.10 mi
B+
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 507 29th St have ratings undefined, undefined, and undefined.
Neighborhood
This property is located in Lido Peninsula, Newport Beach, CA 92663.
Seasonal Housing units 92663
47%of housing is for seasonal rent.
Daytime Population for 92663
+34%of people during work hours.
Boundary map of Lido Peninsula.
Crime Index for 92663
169
169
The crime index in 92663 is 169, which is 1.7 times higher than national average.
Market Trends
Historical market data near 507 29th St over selected time period.
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