$4,700,000
( $783.33Per Sq Foot )
 $25,231 forsale estimated payment Sourced by Back At You

2146 Newport Blvd , Costa Mesa, CA 92627

Costa Mesa, CA 92627

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Description

Perfect for Owner User, Investor, Developer! Rare Coastal Southern California Investment Opportunity 6,000 square feet on a huge over 23,000 square foot lot. This property is located in the exclusive and affluent area of East side Costa Mesa, just outside of Newport Beach. In August 2024, the median listing price for a home in East side Costa Mesa, California was $2.3 million. Highly Trafficked Freeway (On & Off Ramp) Location: This property features excellent street frontage and visibility along Newport Blvd (16,124 VPD). Additionally, the property benefits from it’s close proximity to the 55, Freeway (149,930 VPD), which is the main freeway in Orange County leading directly to Newport Beach and other beach cities (Corona Del Mar, Huntington Beach, etc), Ease of Access from nearby freeway on & off ramps - would make an, ideal office or destination location (i.e. surf shop, doctor office, dental shop, ETC). Value-Add and/or Owner/User Opportunity Due to the approximate 50% physical occupancy as well as existing Month-to-Month tenancies, the property could be used in part or in whole by an Owner-User and may qualify for SBA financing. Buyer to verify. Significant Tenant Improvements for Potential Medical Office Use -Suite D was recently extensively renovated for a potential medical office space use. Buyer may need to obtain an additional Modified CUP to allow medical use for this suite. Alternately, it is estimated that a change from massage to retail would reduce parking demand to allow medical use at Suite D. Buyer to verify the potential medical use with the City of Costa Mesa. Call Now for a Private Tour.

Details

MlsNP24210758
Listing TypeFor Sale
StyleMixed Use
SubtypeResale
StatusActive
Year1980
Days On Site61
Listing Provided ByHome Smart Evergreen Realty 949-753-7888 | Andrew Azer

Features

Sq Feet6,000
Storys1
Acreage0.54

Market Activity 92627

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Listings Checked: 35 minutes ago
StateCA
CountyOrange
CityCosta Mesa
Zip Code92627
AreaC5 East Costa Mesa
Listing VS Median (in 92627)
Price:
$4,700,000
low | high
Med:
$1,299,000
100% of Average
SqFt:
6,000
low | high
Med:
1,478
100% of Average
$ / SqFt:
$783
low | high
Med:
$879
37.801226499295% of Average
On Site:
61
low | high
Med:
97.000000
62.886597938144% of Average
Sourced by Back At You
Listing Updated: December 5, 2024 at 5:22:07 PM PST