Southwest Costa Mesa (C2) Homes with Industrial Subtype

Southwest Costa Mesa (C2) is a vibrant neighborhood located in the city of Costa Mesa, Orange County, California. Known for its unique blend of urban amenities and coastal charm, this region offers a diverse range of housing options, including Homes with Industrial Subtype.

Homes with Industrial Subtype in Southwest Costa Mesa are characterized by their modern and industrial-inspired design elements. These properties often feature open floor plans, exposed brick or concrete walls, high ceilings, and large windows that allow for plenty of natural light.

Living in a Home with Industrial Subtype in Southwest Costa Mesa offers residents a one-of-a-kind living experience, combining the best of both worlds - the convenience of urban living with the relaxed vibe of coastal California. With easy access to shopping, dining, entertainment, and outdoor recreational activities, Southwest Costa Mesa is a sought-after destination for those looking for a unique and stylish place to call home.

Newest Southwest Costa Mesa (C2) Homes with Industrial Subtype

$9,999,000

OC24093070 MLS ⋅ Active Status

Three highly desirable industrial buildings in a rare "Opportunity Zone" in the heart of Newport Beach and Costa Mesa are now available! The properties consist of 110, 116 and 118 E 16th Street. 110 E 16th Street currently serves as the headquarters for a top tier vintage Ferrari dealer (which can be made available for an owner-user) and the 116 and 118 E 16th Street buildings are occupied by automotive repair shop tenants. The buildings feature a quality blend of functional office space, spacious warehouses and 14+ foot ceiling heights. The 116 building also contains two professional grade paint booths. As part of Costa Mesa’s 19 West Urban Plan, this site is suitable for mixed use development. The city’s specific plan allows for up to 4-stories with a density of 1.0-1.25 FAR, which could allow for development of 30,000 - 40,000 buildable square feet. According to one city site analysis, it appears that 18-36 units could potentially be developed. This prime location sits near Newport Blvd, Superior Ave, 17th Street, the 55 Freeway and Pacific Coast Hwy with easy access to everything. In addition, there is potential for significant tax advantages by investing in a designated "Opportunity Zone" (see https://economicdevelopment.business.ca.gov/place-based-strategies/opportunity-zones/ for further information). All of this combined with the fact that this area is growing in popularity with trendy restaurants, retail stores, residential neighborhoods and its close proximity to the best beaches, entertainment and hospitals in Orange County make this an amazing property for investment or owner-user. This property is perfect for auto collectors, restaurant concepts, redevelopment, investors or owner-users.

116 E 16th Street, Costa Mesa

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