Southwest Costa Mesa (C2) Homes with Industrial Subtype

Southwest Costa Mesa (C2) Homes with Industrial Subtype

Welcome to Southwest Costa Mesa, a vibrant and dynamic neighborhood nestled in the heart of Orange County, California. Known for its eclectic blend of residential and industrial spaces, this area has become a hotspot for creative professionals and families alike. With its close proximity to the Pacific Coast, residents enjoy a laid-back Southern California lifestyle, complete with sunny weather and a rich array of cultural experiences.

One of the standout features of Southwest Costa Mesa is its unique housing market, particularly the homes with an industrial subtype. These properties often showcase a blend of modern design and raw, urban aesthetics, making them perfect for those who appreciate a contemporary lifestyle with a touch of grit. Think open floor plans, high ceilings, and large windows that invite natural light, all set against a backdrop of exposed brick and polished concrete. These homes are not just places to live; they are canvases for creativity and innovation.

Living in Southwest Costa Mesa means you are just minutes away from some of the best shopping, dining, and entertainment options that Orange County has to offer. From the trendy boutiques and gourmet eateries at The CAMP to the artistic vibes of the nearby South Coast Plaza, there is always something exciting to explore. Whether you’re an artist, a young professional, or a family looking for a vibrant community, Southwest Costa Mesa's industrial homes provide a unique opportunity to embrace a lifestyle that is both stylish and functional. Come discover the charm and possibilities that await you in this remarkable neighborhood!

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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