2150 Newport BlvdCosta Mesa, CA 92627
- Other commercial real estate
- 775 SF
For Sale
$2,600,000
View listing
Property Details for 2150 Newport Blvd
- Year built
- 1910
- Lot size
- 0.42 AC
- Property size (Sq ft)
- 775 SF
- Property type
- Other commercial real estate
- Property subtype
- Showrooms
- APN
- 426-121-13
- APU
- 42612113
Description
Prime Costa Mesa infill opportunity presents a unique mixed-use property encompassing 18,260 square feet of land and multiple structures. This single-tenant, owner-user investment is priced at $2,600,000, or $142.39 per square foot. The property features four distinct buildings: a charming 900 square foot, two-bedroom, one-bathroom house dating back to 1890 (a former Santa Ana Train Station Master's House)
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $293,195
- 6.5%
- $270,642
- 7%
- $251,310
-
Comparable approach
- Method
- Valuation
- Relative Method
- $687,397
- Geo Method
- $687,397
-
Alternative Use
- Use
- Valuation
- Residential
- $228,296
- Hospitality
- $209,118
- Educational
- $173,984
- Medical
- $179,967
- Retail
- $270,642
2150 Newport Blvd, Costa Mesa, California
Location Insight
- City
- Costa Mesa
- County
- Orange
- State
- California
- Latitude
- 33.6497
- Longitude
- -117.909
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$11,100
$801,233
$141,391
$942,624
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Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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