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2424 Newport Blvd
Costa Mesa, CA 92627 East Side Costa Mesa

Price Upon Request

Storefront Retail Residential For Sale  •  9,950 SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 9,950 SF
  • Lot Size 0.45 AC
  • Building Class C
  • Year Built 1936
  • Tenancy Multiple
  • Zoning C2, Costa Mesa
30 Transit Score
60 Walk Score

Highlights

Potential Cannabis Dispensary Site Per City's Measure Q
Rare Opportunity to Acquire Eastside Costa Mesa Mixed-Use Investment
Immediate Upside in Increasing Below Market Rents (Potential 6.69%Cap Rate / 85%+ Increase in NOI)
Recent Upgrades to Facade, Signage, and Interiors
Convenient Location with Access to Schools, Recreation, Jobs, and Entertainment

Major Tenants

Tenant SF Occupied Lease End Date
Atlas Auto Broker & Sales
Mutt Cuts
Newport Spa 2,151 SF
Oc Web Logic
Sandi's Pet Place

Amenities

  • Pylon Sign

Public Transportation

Commuter RailDriveWalkDistance
Tustin (Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 12 min - 7.9 mi
Santa Ana (Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 13 min - 9.3 mi
AirportDriveWalkDistance
John Wayne/Orange County 6 min - 2.7 mi
Long Beach (Daugherty Field) 29 min - 22.4 mi
Ontario International 54 min - 44.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 18
Type: Surface
Included in Rent: Yes