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2801 Harbor BoulevardCosta Mesa, CA 92626 0

$8,500,000

Commercial

Status: Active

Sqft:
Lot:0.38 acre
MLS#: OC23022633

33.679100036621094-117.90869903564453

Courtesy Of Chas Patterson, 949-295-0610, DRE#01935216, The Firm Real Estate Services Inc.

Description:

***FANTASTIC INVESTMENT*** This property sits at one of the top signalized intersections in Orange County and has incredible income that makes this a 6.45% Cap! This beautiful retail strip was renovated in 2022 and is highly profitable. Situated at a coveted signalized intersection in the heart of Costa Mesa, this property commands premium rents and is poised for future income growth for years to come as the primary tenant has invested significantly to make this it's signature store location in California. The property has ample parking and is located at the corner of two major thoroughfares (Adams Ave and Harbor Blvd) with great corner signage, close proximity to freeways, top retailers, malls, grocery stores, abundant dining options and schools. This corner property will always be in high demand and is truly a rare opportunity to own a prime commercial asset in a thriving market area. Locations like this do not come along very often.

Main Features:

Listing Status	Active	Year Built	1958
County	Orange	Rental Price	$0
Units	5	Zoning	C-1

Additional Features:

Construction	Stucco	Laundry	None
Listing Type	ExclusiveRightToSell	Occupied By	Tenant
Property Subtype	Retail	Special Conditions	Standard
Terms	Cash CashtoNewLoan Item1031Exchange	Utilities	ElectricityConnected PhoneConnected SewerConnected WaterConnected
Water	Public

Extra Features:

Building Square Feet	4579	Cap Rate	6.45
CDOM	75	DOM	75
Gross Income	599746	Gross Scheduled Income	599746
Listing Key	1033293118	Net Operating Income	547916
Operating Expense	51830	Parcel Number	13930412
SQFT Source	Assessor	Virtual Tour	https://youtu.be/xRNUFdqAkAk

2801 Harbor Boulevard, Costa Mesa, CA 92626

Home Estimates

Home Sales near 2801 Harbor Boulevard Costa Mesa, CA 92626

Demographics

Demographics of Costa Mesa, CA

Schools

Schools near 2801 Harbor Boulevard Costa Mesa, CA 92626

Climate

Climate of Costa Mesa, CA

Houses of Worship

Houses of worship near 2801 Harbor Boulevard Costa Mesa, CA 92626

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Last Updated On: 5/28/2023 6:33:17 PM

Joan Ross

1775 East Palm Canyon Dr. Ste 102

Palm Springs, CA 92264

Joan Ross is licensed in the state of California

Cal DRE# 01084585