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The Master's Building 2711 E Coast Hwy 13,678 SF 79% Leased Retail Building Corona Del Mar, CA 92625 For Sale



Investment Highlights
- Located just south of the MacArthur Blvd./Pacific Coast Hwy. intersection & in one of Orange County’s most prestigious communities
- Exceptional visibility & access with traffic counts of over 50,000 VPD
- Surface & underground parking
- Near iconic destinations including the Fashion Island Mall, Corona del Mar State Beach Park & the scenic observation points in Newport Beach
- Average HHI of +$205,000 within 1 mile, with an average home price of +$4M
Executive Summary
Hilco Global is accepting offers for this highly-visible mixed-use asset. Located in the heart of Corona del Mar, the Masters Building is a two-story, 13,600± square foot building with a mix of retail and office tenants. Built in 1960 and recently renovated in 2018, this site offers exceptional visibility, benefiting from traffic counts of 50,000+ VPD and proximity to key attractions, like the Fashion Island Mall, Newport Harbor and Corona del Mar State Beach.
While these premier destinations serve as popular tourism demand drivers, they are also surrounded by an exceptionally affluent one-mile trade area, with average household incomes of $205,000, $4M+ average home values and a population exceeding 11,200.
Backed by a highly desirable demographic base, this property offers strong visibility through sustained activity from local residents and visitors.
Corona del Mar, California, is an affluent coastal village located within the city of Newport Beach. Known for its picturesque ocean views, upscale residential neighborhoods and vibrant village atmosphere, this area is often referred to as the “Crown of the Sea.” It features dramatic bluffs overlooking the Pacific Ocean, pristine beaches and scenic tide pools. The city offers a walkable mix of boutique retail, fine dining, cafés and essential services, primarily centered along Pacific Coast Highway and Bayside Drive. Corona del Mar is characterized by strong demographics, high household incomes and a desirable coastal lifestyle, making it one of Southern California’s most sought-after communities. Its central Orange County location provides convenient access to Fashion Island, John Wayne Airport and major freeways, while maintaining a relaxed, seaside charm.
On-site inspections will be held by appointment only.
Hilco Global in cooperation with Hilco Real Estate CA, Inc., Lic. #2104676.
While these premier destinations serve as popular tourism demand drivers, they are also surrounded by an exceptionally affluent one-mile trade area, with average household incomes of $205,000, $4M+ average home values and a population exceeding 11,200.
Backed by a highly desirable demographic base, this property offers strong visibility through sustained activity from local residents and visitors.
Corona del Mar, California, is an affluent coastal village located within the city of Newport Beach. Known for its picturesque ocean views, upscale residential neighborhoods and vibrant village atmosphere, this area is often referred to as the “Crown of the Sea.” It features dramatic bluffs overlooking the Pacific Ocean, pristine beaches and scenic tide pools. The city offers a walkable mix of boutique retail, fine dining, cafés and essential services, primarily centered along Pacific Coast Highway and Bayside Drive. Corona del Mar is characterized by strong demographics, high household incomes and a desirable coastal lifestyle, making it one of Southern California’s most sought-after communities. Its central Orange County location provides convenient access to Fashion Island, John Wayne Airport and major freeways, while maintaining a relaxed, seaside charm.
On-site inspections will be held by appointment only.
Hilco Global in cooperation with Hilco Real Estate CA, Inc., Lic. #2104676.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
13,678 SF
Building Class
B
Year Built/Renovated
1963/2018
Percent Leased
79%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.31
Lot Size
0.24 AC
Zoning
GC - Commercial Corridor - GC - Commercial Corridor, Costal Zone
Parking
26 Spaces (1.9 Spaces per 1,000 SF Leased)
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 204
- 621 SF
- Retail
- -
- Now
- 205
- 633 SF
- Retail
- -
- Now
- 208
- 630 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 203 | 1,056 SF | Retail | - | Now |
| 204 | 621 SF | Retail | - | Now |
| 205 | 633 SF | Retail | - | Now |
| 208 | 630 SF | Retail | - | Now |
203
| Size |
| 1,056 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
204
| Size |
| 621 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
205
| Size |
| 633 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
208
| Size |
| 630 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
203
| Size | 1,056 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Walk Score®
Walker's Paradise (95)
Bike Score®
Very Bikeable (71)
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,632,758 | |
| Land Assessment | $7,429,514 | Total Assessment | $10,062,272 |
Property Taxes
Parcel Numbers
Land Assessment
$7,429,514
Improvements Assessment
$2,632,758
Total Assessment
$10,062,272
1 of 24
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
The Master's Building | 2711 E Coast Hwy
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