Southwest Costa Mesa (C2) Homes with Industrial Subtype

Welcome to Southwest Costa Mesa, a vibrant and eclectic neighborhood nestled in the heart of Orange County, California. Known for its unique blend of urban charm and suburban tranquility, this area is a hidden gem for those seeking a dynamic lifestyle. With its rich cultural scene, diverse dining options, and proximity to beautiful beaches, Southwest Costa Mesa offers an ideal backdrop for both families and young professionals alike.

One of the standout features of this region is its distinctive housing market, particularly the availability of homes with an industrial subtype. These properties, often characterized by their open layouts and modern finishes, provide an innovative living experience that perfectly complements the area's creative spirit. Many of these homes feature high ceilings, polished concrete floors, and large windows that invite natural light, offering a perfect canvas for both work and play.

Residents of Southwest Costa Mesa enjoy easy access to a variety of amenities, including trendy boutiques, artisanal coffee shops, and local art galleries. The nearby South Coast Plaza, one of the premier shopping destinations in the country, is just a stone's throw away, providing endless opportunities for retail therapy and fine dining. For outdoor enthusiasts, the region boasts several parks and is just a short drive from the stunning coastline, making it easy to enjoy California's sunny weather.

In Southwest Costa Mesa, you’ll find more than just a home; you’ll discover a vibrant community that celebrates creativity and innovation. Whether you’re drawn to the industrial charm of the homes or the lively atmosphere of the neighborhood, this area is sure to capture your heart. Come explore the possibilities that await you in this enchanting corner of Costa Mesa!

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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