2156 Newport Blvd
Costa Mesa, CA 92627
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Owner-User: 2nd floor vacant: Approx. 1,600 SF (52.6% of GLA)
- Tremendous visibility on Newport Boulevard (11.8k VPD)
- Income Generating: 1st floor TT since 2017, ~1 year remaining, ~$31.2k/yr. (Modified Gross)
- Property recently underwent extensive renovations to exterior, large 2nd floor unit + new secure gate, block wall perimeter
- Standalone asset with ample on-site parking allowing for multiple uses
- Measure K was approved by Costa Mesa voters on Nov. 8, 2022, which allows for development of housing in select commercial/industrial areas
PROPERTY FACTS
Property Type
Building Size
3,040 SF
Building Class
C
Year Built/Renovated
1990/2023
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,520 SF
Slab To Slab
11’
Building FAR
0.33
Lot Size
0.21 AC
Zoning
C1 - C-1 Local Business - variety of allowed uses
Parking
18 Spaces (5.92 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 426-121-21 | Improvements Assessment | $435,786 |
| Land Assessment | $724,797 | Total Assessment | $1,160,583 |
