This property was recently appraised at 4,960,000 and is being offered at 4,660,000, giving the buyer 300,000 in equity on day one. At market rents of 3.40 per square foot per month (40.80 per square foot per year), the pro forma projects a gross income of approximately 598,000 annually, or about 49,800 per month. After factoring in the land lease, operating expenses, and property taxes, the projected NOI is 302,900, equating to a 6.5% cap rate." This is a rare opportunity to acquire a fully improved, turnkey office campus in one of Southern Californias most prestigious business markets, Newport Beach, Orange County. Spanning two adjoining parcels, the property offers 14,650 square feet of premium office space on a 17,556 square foot lot, blending luxury, functionality, and long-term investment potential. Investors here gain instant equity, strong pro forma returns, and ownership in a trophy coastal market that continues to appreciate. The campus includes a total of 22 private offices, each equipped with individual heating and air conditioning units to ensure comfort and efficiency. Across both buildings, the interiors are extensively upgraded and designed to meet the demands of modern business operations. Features include multiple executive offices, dedicated break rooms, ample storage, and his and hers restrooms. Executive-level touches include a private bathroom, a cigar humidor, and a 240-bottle wine locker. Both buildings are outfitted with high-end kitchens featuring KitchenAid and Samsung appliances, as well as washer/dryer units. Outdoor patios, putting greens, televisions, and power outlets create excellent spaces for entertaining clients or providing employees with space to relax and recharge. The location is another major advantage. The property sits adjacent to the 73 Toll Road and only minutes from the 405 Freeway and John Wayne Airport, offering excellent regional access. It is also close to premier shopping centers and a wide range of dining options, from casual eateries to fine dining establishments. The property is held under a land lease structure with a current monthly lease rate of 18,123. The lease extends through February 2036 and includes extension options, with 3 extensions granted in the past. For investors seeking flexibility, the property can also be purchased as two separate parcels: Parcel 21 for 2,310,000 and Parcel 22 for 2,350,000. This is a one-of-a-kind opportunity to own a trophy coastal office campus with immediate built-in equity, strong projected returns, and long-term appreciation potential in Newport Beach. THIS PROPERTY IS ALSO AVAILABLE FOR LEASE. PLEASE REVIEW MY LEASE LISTING. THANKS