Listed by Lee & Associates - Newport Beach
Unpriced
The Commons
Details
APN 5750-017-001, 5750-017-008
Property Type Special Purpose
Sub Type School, Religious/Church
Square Footage 3,522
Tenancy Single
Lease Expiration 09/30/2026
Year Built 1906
Year Renovated 2018
Acreage 0.260
Zoning CL (Commercial Limited)
Parking Spaces 22 spaces
Parking Per SqFt 6.25
Ground Lease No
Ownership Fee Simple
Sale Condition 1031 exchange
Special Purpose | 3,522 SqFt
Investment highlights
- A rare and unique property is for sale. "The Commons" is comprised of two parcels featuring a church building and adjacent parking lot.
- Currently occupied by a church, lease expires September 30, 2026. The Commons was previously used for weddings and events and also been featured in numerous Hollywood film productions.
- This iconic property was featured in a Drake music video that has surpassed 400 million views on YouTube.
- Wide range of potential uses, see page 24 in the OM for a complete list of permitted uses by the City.
Listing Contacts
Listed by Lee & Associates - Newport Beach
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