Listed by 818-425-4925 - Andrew Azer - DRE #01766539 - Home Smart Evergreen Realty 949-753-7888
$4,700,000 affordable loan icon Calculate Payment

2146 Newport Blvd Costa Mesa, CA 92627

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Mixed Use Residence
Beds
Baths
6,000 Sq. Ft.
0.54 Acre Lot

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Last updated on 11/13/2024 5:13 AM
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 media...n 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. Continue reading
MLS#
NP24210758
Property Type
Mixed Use
Status
Year Built
1980
Square Feet
6,000 sq. ft
Lot Size
0.54
Sewer
Other

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Listed by 818-425-4925 - Andrew Azer - DRE #01766539 - Home Smart Evergreen Realty 949-753-7888
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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This content last refreshed on 11/13/2024 5:13 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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