Search
Newport Boulevard Mixed-Use Property
For Sale
Contact for pricing
Pending

2424 Newport Blvd, Costa Mesa, CA 92627

Fully occupied commercial property combining retail shops, office space, and multifamily residences on one Costa Mesa parcel.

Property SizeContact for details
Days on Market142

Property Features for 2424 Newport Blvd

General Information

Standard status Pending
Property subtype Retail, Multifamily, Industrial, Mixed Use
Occupancy 100%

Site & Location

Pylon Signage Yes
Traffic Count 128,555 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Tenancy Multi
Listing Agency: Graystone Capital Advisors
Listed By: Matt Hardke · License #CA 01946266
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 5:17PM

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 Graystone Capital Advisors

Investment Insights

Based on property information with market context.

The property at 2424 and 2426 Newport Boulevard combines retail shops, office space, and multifamily residential units within a single mixed-use asset. The fee-simple offering includes both the land and building, with all spaces occupied under short-term leases. Recent improvements to the exterior facade and signage enhance the property's presentation along Newport Boulevard.

The site has frontage on Newport Boulevard and California State Highway 55, with prominent pylon and building signage. California State Highway 55 carries 128,555 vehicles per day. The property is across Newport Boulevard from Vanguard University and approximately half a mile from the Orange County Fair and Event Center. Measure Q requirements may allow a recreational or medical marijuana dispensary, subject to buyer verification.

Key Highlights

  • Mixed‑use property includes retail shops, office space, and multifamily residential units
  • Fee‑simple offering includes the land and building at 2424 and 2426 Newport Boulevard
  • California State Highway 55 frontage with 128,555 vehicles per day

Property Analytics

Current Use

OC Web Logic Marketing & Advertising BLVD BARBERS Barber Shop Atlas Auto Sales Car Dealership J'Adore Hair & Lash ... Hair Salon PEACEFUL FOODS SHOP Pharmacy

Suggested Use

Top Pick Law Firm Real Estate Agency Furniture & Home Goods (Bike/Boat/Book/etc) Store Parking Lot & Garage Accounting Firm

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

Lease Details

128,555 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,216
Businesses Nearby

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully occupied commercial property combining retail shops, office space, and multifamily residences on one Costa Mesa parcel.
Where is this mixed-use property located?
The property is located at 2424 Newport Blvd Costa Mesa, CA.
What are key features of this property?
This property features: Mixed‑use property includes retail shops, office space, and multifamily residential units; Fee‑simple offering includes the land and building at 2424 and 2426 Newport Boulevard; California State Highway 55 frontage with 128,555 vehicles per day
(949) 942-1300 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message