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Two-Building Flex and Industrial Property
For Sale
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1984 Placentia Ave, Costa Mesa, CA 92627

Two buildings are being improved for a restaurant/coffee/bakery/catering concept and a creative office/warehouse use.

Property Size6,325 SF
Price / SF$727.27
Days on Market180

Property Features for 1984 Placentia Ave

General Information

Standard status Active
Size 6,325 SF
Property subtype Industrial, Office, Retail
Zoning MG
Investment Type Owner/User

Building Details

Year Built 1957
Year Renovated 2026
Buildings 2
Stories 1
Units 2
Listing Agency: Lee & Associates - Newport Beach
Listed By: Brian Barson, CCIM · License #CA 01945282
Source: Crexi
Added: Mar 10 Changed: Aug 14 Last Checked: Aug 30 at 9:26PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates - Newport Beach

Investment Insights

Based on property information with market context.

This two-building flex and industrial property is offered for sale and lease. Plans and improvements are underway for a generic restaurant/coffee/bakery/catering operation in the front building and a creative office/warehouse in the rear building. Building improvements include new storefront doors and windows, new skylights, new paint, repaired and refinished flooring, and extensive general cleanup of interiors and exteriors.

The property is located in the Westside Costa Mesa market and is positioned directly across from Moon Goat Coffee Roasters. The site is under MG General Industrial zoning, which allows a range of retail, office, and industrial uses, including veterinary, brewery/distillery, restaurant/catering, coffee roasting, bakery, distribution/manufacturing/fabrication, vehicle/boat sales and storage, general office, and fitness/dance studio (some uses may require an MCUP/CUP and should be confirmed with the City of Costa Mesa for specific requirements).

Key Highlights

  • Two‑building property at 1984 Placentia Ave, Costa Mesa (year built: 1957).
  • MG General Industrial zoning allows a wide variety of retail, office, and industrial uses.
  • Front building improvements underway for a restaurant/coffee/bakery/catering concept.

Property Analytics

Current Use

Kingsley Mfg Co Production Facility 1-Realty Real Estate Agency

Suggested Use

Top Pick Daycare Center Locksmith (Bike/Boat/Book/etc) Store Nursing Home Parking Lot & Garage Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,505
Businesses Nearby
Under-served
Demand for This Use

Demographics for 92627, CA

61,764
Population
23,286
Households
2.7
Avg Household Size
36
Median Age
42%
College-Educated
85%
High-School Grad
6.4 sq mi
ZIP Area
9,651
Density / Sq Mi
$105,039
Median Household Income
$49,236
Median Earnings
$2,299
Median Rent
$1,074,900
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Similar Off Market Nearby

  • EZ Kebab Catering 1725 Monrovia Ave UNIT A2, Costa Mesa, CA 92627
  • Health Food Chalet 711 W 17th St # D1, Costa Mesa, CA 92627
  • Greenfish - Costa Mesa 2180 Harbor Blvd Ste A, Costa Mesa, CA 92627

Frequently Asked Questions

What type of property is this?
Flex space - Two buildings are being improved for a restaurant/coffee/bakery/catering concept and a creative office/warehouse use.
Where is this flex space located?
The property is located at 1984 Placentia Ave Costa Mesa, CA.
What is the asking price?
The asking price for this property is $4,600,000.
What are key features of this property?
This property features: Two‑building property at 1984 Placentia Ave, Costa Mesa (year built: 1957).; MG General Industrial zoning allows a wide variety of retail, office, and industrial uses.; Front building improvements underway for a restaurant/coffee/bakery/catering concept.
(949) 724-4717 Call to check price and availability
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