2424 Newport Blvd | Costa Mesa, CA 92627
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- LoopNet Team
2424 Newport Blvd
Costa Mesa, CA 92627
Shops & Living on Newport · Retail Property For Sale
Investment Highlights
- Rare Opportunity to Acquire Eastside Costa Mesa Mixed-Use Investment
- Prominent Pylon & Building Signage Along Newport Boulevard & 55 Freeway
- Trophy Location with Access to Schools, Recreation, Jobs, and Entertainment
- Immediate Upside in Increasing Below Market Rents (Potential 6.69%Cap Rate / 85%+ Increase in NOI)
- Recent Upgrades to Facade, Signage, and Interiors
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
9,950 SF
Building Class
C
Year Built
1936
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.51
Lot Size
0.45 AC
Zoning
C2, Costa Mesa
Parking
18 Spaces (1.81 Spaces per 1,000 SF Leased)
Frontage
64 ft on Newport Blvd
Amenities
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 439-281-03 | Improvements Assessment | $221,732 |
| Land Assessment | $1,746,708 | Total Assessment | $1,968,440 |
PROPERTY TAXES
Parcel Number
439-281-03
Land Assessment
$1,746,708
Improvements Assessment
$221,732
Total Assessment
$1,968,440
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