Back to Search
Third-Floor Office Condo

2900 Bristol Street B300 Costa Mesa, CA 92626

2900 Bristol Street B300, Costa Mesa, CA, 92626
$2,980,000
For Sale
$2,980,000

Turn-key owner-user office condo with modern finishes and elevator service, featuring a dual-entry third-floor layout.

Property Size7,862 SF
Price / SF$379.04
Days on Market310

Property Features for 2900 Bristol Street B300

General Information

Standard status
Active
Size
7,862 SF
Property subtype
Commercial/Industrial

Building Details

Year Built
1981
Listing agency Economos Dewolf, Inc.
Listed by Geoffrey Dewolf · License #01319312
Source Exitrealty
Added: Sep 15, 2025 Updated: Jul 20 at 11:52PM Checked: Jul 21 at 4:20AM

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 Economos Dewolf, Inc.


Investment Insights

Based on property information with market context.

This turn-key office condo is offered in a high-image condition with modern finishes and an interior buildout designed for immediate occupancy. The space is configured as a dual entry layout comprising the entire third floor of the building, with elevator service providing access.

Situated within The Waters at Creekside, the property offers excellent accessibility. It is described as being within walking distance to The Camp and The Lab and is positioned near major freeways with adjacency to John Wayne Airport.

The offering provides a flexible owner-user opportunity to occupy the full condo or lease a portion of the space.

Key Highlights

  • 7,862 SF owner‑user office condo in The Waters at Creekside, built in 1981
  • Dual‑entry layout comprising the entire third floor of the building
  • Elevator served with excellent accessibility

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $207.6k $26.40
− Vacancy −$33.7k −$4.29
EGI $173.8k $22.11
− OpEx −$43.5k −$5.53
NOI $130.4k $16.58
7,862 SF · lease $26.40/SF/yr · vacancy 16.26% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.86M
$1.63M – $2.17M (±1% cap)
NOI $130,356 @ 7.0% cap · market cap 4.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.66M
$2.33M – $3.11M (±1% cap)
NOI $186,394 @ 7.0% cap · market cap 6.25%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Burba Hotel Network Hotel & Motel inVibe Labs Advertising Agency Sukut Dental Dental Office Micro Digital, Inc. (Bike/Boat/Book/etc) Store Evara VR (Bike/Boat/Book/etc) Store

Suggested Use

Garden Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store HVAC Service (Bike/Boat/Book/etc) Store Daycare Center Food Market Pet Store Pet Grooming Service Discount Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - Turn-key owner-user office condo with modern finishes and elevator service, featuring a dual-entry third-floor layout.
Where is this office units located?
The property is located at 2900 Bristol Street B300 Costa Mesa, CA.
What is the asking price?
The asking price for this property is $2,980,000.
What are key features of this property?
This property features: 7,862 SF owner‑user office condo in The Waters at Creekside, built in 1981; Dual‑entry layout comprising the entire third floor of the building; Elevator served with excellent accessibility
Contact an agent
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