NOT LISTED FOR SALE
0.43 Acres
-- Price per Acre
18,879 Sq Ft Lot

Last Sold August 28, 2024

Last sale price $1,100,000

76 Days on Market

Highlights

  • 0.43 Acre Lot
  • No HOA
  • Paved or Partially Paved Lot
  • Costa Mesa High School Rated A-

About This Lot

As of August 2024

The subject property is a ±0.43 acre parcel of land located on Bristol Street in the city of Costa Mesa one block south of Bear Street and
the 73 freeway. This site is rectangular in shape and measures approximately 50’ wide by 385’ deep. The site is completely paved over and is striped as a parking lot although it is not being utilized at the current time.

The property is zoned Commercial Limited (CL) and has a General Plan Land Use designation of General Commercial. The CL zoning district is intended for unique areas of land which, due to the proximity of residential development or the potential for traffic circulation hazards, require special precautions to be taken to assure appropriate development.

In November of 2022, the voters of the city of Costa Mesa passed a revitalization ordinance known as Measure K. The Measure K ordinance provides for housing options and revitalization along specific key corridors within the city. This property falls within one of the very few Measure K designated corridors in the city.

The site is located on the small stretch of Bristol Street that is bounded by the 73 freeway to the north and the 55 freeway to the south. Bristol Street is a major arterial through the city which means that it is a six-lane divided roadway with a raised median. Neighbors to the south include office/retail buildings, the neighbor to the north is a small apartment building and the neighborhood to the west is all detached single-family homes.

Parcels of unused or underutilized land are very difficult to find in the city of Costa Mesa, especially those with frontage along a major arterial such as Bristol Street. This site has been listed for sale at a price of only $63.56 per square foot.

Last Agent to Sell the Property

Matthew Wenzel

Marcus & Millichap Brokerage Phone: 714-875-2878 License #01198357 Listed on: 06/12/2024

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Property Type

  • Land

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 50' x 385'
  • Paved or Partially Paved Lot
  • Level Lot
  • Value in Land
  • Property is zoned CL, Commercial Limited

Listing and Financial Details

  • Assessor Parcel Number 41818111
  • $15 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Lot Details

0.43 Acres

Listing Details

  • View: No
  • Zoning: CL
  • Zoning Description: Commercial Limited
  • Property Type: Land
  • Parcel Number: 41818111
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 58.26

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level, Paved, Value In Land
  • Lot Size: 50' x 385'
  • Lot Size Sq Ft: 18881.00
  • Lot Size Acres: 0.4334
  • Latitude Manual: 33.67501700

Multi Family

  • Lot Size Area: 18881.0000 Square Feet

Tax Info

  • TaxOtherAnnualAssessmentAmount: 15.00
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2024 08/28/24 Sold $1,100,000 -8.3% --
06/12/2024 06/12/24 For Sale $1,200,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24120147

California Regional Multiple Listing Service (CRMLS)
Your Personal Tour Guide

Ask me questions while you tour the home.