Property currently has a private school on it that leases 100% of the space. However, true potential of property is for redevelopment into mixed-use of high density residential. Property is very unique in that it overlooks the Newport Bay Nature Preserve and is also minutes from the ocean. Property consists of two lots: 439-111-54 and 439-111-23



Property Type: Office Bldg
Property Use: Net Leased Property
Year Built: 1962
Building Class: B
Cap Rate Percentage: 4
Listing ID: PVWQFC
MLS ID: SB14188590
Style: Other Style
Building Size: 8,000 SF
Lot Size: 40,000 SF
Area Description

Region: Costa Mesa

Property Features
Industrial Ground Level: Y
Lot Size: 1/2 - 1 Acre
Body of Water: Bay
Road Type: 4 Way Interchange
Lot Description: Access Type - Road
Financials
Gross Income: $288,000
Additional Media