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2428 Newport Blvd
Costa Mesa, CA 92627 East Side Costa Mesa

$2,895,000 USD

Freestanding For Sale  •  5,625 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 5,625 SF
  • Lot Size 0.45 AC
  • Building Class C
  • Year Built 1961
  • Cap Rate 2.29 %
  • Tenancy Multiple
  • Zoning C2
39 Transit Score
76 Walk Score

Highlights

Owner/User and Value-Add Flexibility
Below-Market Rents with NOI Upside
Dense Demographics and Affluent Consumer Base
Prime Eastside Costa Mesa Location

Property Flyers

Financial Summary (Actual)

Net Operating Income: $66,340 USD (2025)
Cap Rate: 2.29 %

Major Tenants

Tenant SF Occupied Lease End Date
Brothers Marine Canvas
Cali Life Tatto
Cheap Goods BMX
H3 Ministries
Melvin Villeda

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 - 2.8 mi
Long Beach (Daugherty Field) 29 min - 22.4 mi
Ontario International 55 min - 44.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 35
Type: Surface
Included in Rent: Yes
Gil Corber 310-367-7611 Marcus & Millichap
Gil Corber 310-367-7611 Marcus & Millichap