$7,400,000 SALE
Office Bldg
8,000 SF
381 University Drive & 2591 Irvine Ave.
Costa Mesa, CA 92627 US Excellent Redevelopment Opportunity in Costa Mesa


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 40000 SF
Area Description

Region: Costa Mesa

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