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Jenn Smart

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2302 Newport Boulevard , Costa Mesa, CA 92627
$3,950,000
Est. Payment: $8,777.78/mo
1800 Sqft
0.41 Acres
Status: active | Days on site: 25
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U6821 - NP60618,NP60335
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House Description

Prime Eastside Costa Mesa Commercial Land | Income-Producing Investment & Redevelopment Opportunity- An exceptional opportunity to acquire approximately 17,860 square feet (±0.41 acres) of commercially zoned land along Newport Boulevard, one of Eastside Costa Mesa’s most prominent commercial corridors. Strategically positioned just minutes from Newport Beach, the 55 Freeway, The Triangle, South Coast Plaza, and John Wayne Airport, the property offers excellent regional connectivity, prominent street frontage, and convenient access to some of Orange County’s most desirable coastal communities. Currently improved with the long-established Feed Barn, the property carries C1 (Local Business) zoning and presents multiple potential investment strategies, including continued commercial use, repositioning, or future redevelopment. Importantly, the parcel is situated within Costa Mesa’s voter-approved Measure K corridor, creating additional potential for residential or mixed-use development, subject to applicable zoning requirements, entitlements, and City approvals. Immediate Income with Long-Term Upside: The existing occupant offers the opportunity for continued occupancy for up to 24 months at $10,000 per month ($120,000 annually), providing interim income while a purchaser evaluates development concepts, pursues entitlements, or prepares for future improvements. Offered at approximately $223.68 per square foot of land, the property represents a compelling opportunity to acquire a substantial parcel in a highly desirable coastal Orange County location.

Highlights

Listed by Stephanie Peterson , 949-400-1717 and Matt Genova , 949-698-2715 Arbor Real Estate , 949-673-7600. CRMLS/Multi-Regional MLS mls logo

Property Type

Commercial Sale

Lot/Acreage
0.41

County

Orange

Area

C5 - East Costa Mesa

Listing ID

NP26226005

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Interior Features

Water:Public

Exterior Features

Lot:0-1 Unit/Acre,Flag Lot,Near Public Transit,Rectangular Lot,No Land Lease
Zoning:C1
Roof:Shingle
Others:
  • ▪ Additional:Concrete, Wood Siding
Principal Interest
$8,778
Taxes
$2,518

Home Price

$3,950,000

Loan Details

30 yrs
0%

Down Payment

20%
$790,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$8,777.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,777.78 $2,518.13 $0.00 $11,295.90
Yearly $105,333.33 $30,217.50 $0.00 $135,550.83
Total $3,160,000.00 $906,525.00 $0.00 $4,066,525.00
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So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Costa Mesa, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-15T19:37:45.000Z

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