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 mix of residential and industrial charm, this area is a hidden gem that beautifully blends urban living with a laid-back coastal lifestyle. With its proximity to the stunning beaches of Newport and Huntington, residents enjoy the best of both worlds—easy access to sun-soaked shores and the lively cultural scene of Costa Mesa.

One of the standout features of Southwest Costa Mesa is its unique housing market, particularly the homes with an industrial subtype. These properties are characterized by their raw, open spaces, high ceilings, and modern finishes, making them perfect for creative individuals or anyone looking to embrace a more unconventional living style. The industrial homes in this area often showcase exposed brick walls, large windows that flood the interiors with natural light, and versatile layouts that allow for both work and play.

Living in Southwest Costa Mesa means being part of a thriving community filled with art galleries, trendy cafes, and boutique shops. The neighborhood is also conveniently located near major freeways, making commuting a breeze. Whether you're an artist seeking inspiration or a professional looking for a unique space to call home, the industrial homes in Southwest Costa Mesa offer endless possibilities.

Explore the charm of this remarkable region, where creativity meets comfort, and make Southwest Costa Mesa your next home sweet 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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