Five-Office Office
For Sale
$650,000
Pending
C105-2900 Bristol St, Costa Mesa, CA 92626
A reception area and kitchen/storage room complement five private offices in this Costa Mesa suite.
Property Size1,272 SF
Days on Market74
Property Features for C105-2900 Bristol St
General Information
Standard status
Pending
Size
1,272 SF
Additional Details
Office Units
1
Listing Agency:
BHHS CA Properties
(714) 602-2626
Listed By:
Payal Shamdasani · License #02052157
(949) 929-9512
Source:
Exprealty
Added: Aug 5
Changed: Oct 15
Last Checked: Oct 16 at 2:35PM
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 BHHS CA Properties
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office condominium offers approximately 1,272 square feet arranged with five private offices, an open reception area, and a combined kitchen and storage room. Wood flooring runs throughout the suite.
The property is at 2900 Bristol Street, Suite C105, in Costa Mesa, California.
The property is at 2900 Bristol Street, Suite C105, in Costa Mesa, California.
Key Highlights
- Approximately 1,272 SF of office condominium space
- Five private offices
- Open reception area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,090
Cap Rate
3.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$421,800
$421.8K
Cap Rate 7%
$301,286
$301.3K
Cap Rate 9%
$234,333
$234.3K
Market Conditions
NOI Build-Up for 1,272 SF
Gross rent
$33.6K $26.40/SF
− Vacancy
−$5.5K −$4.29/SF
EGI
$28.1K $22.11/SF
− OpEx
−$7.0K −$5.53/SF
NOI
$21.1K $16.58/SF
Area
Costa Mesa, CA
Vacancy
16.26%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$421,800
Cap Rate 7%
$301,286
Cap Rate 9%
$234,333
Alternative Uses
Best Use
Office B
$301.3K
$263.6K – $351.5K
NOI $21,090 @ 7.0% cap · market cap 3.24%
Second Best
Healthcare Medical
$290.5K
$254.2K – $338.9K
NOI $20,332 @ 7.0% cap · market cap 3.13%
Theoretical Best
Office A
$430.8K
$377.0K – $502.6K
NOI $30,157 @ 7.0% cap · market cap 4.64%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
2,346
Businesses Nearby
Explore this area
Business Placement
Demographics for 92626, CA
50,885
Population
20,643
Households
2.5
Avg Household Size
37
Median Age
46%
College-Educated
91%
High-School Grad
9.7 sq mi
ZIP Area
5,246
Density / Sq Mi
$117,627
Median Household Income
$55,920
Median Earnings
$2,520
Median Rent
$1,037,700
Median Home Value
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office units - A reception area and kitchen/storage room complement five private offices in this Costa Mesa suite.
Where is this office units located?
The property is located at C105-2900 Bristol St Costa Mesa, CA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Approximately 1,272 SF of office condominium space; Five private offices; Open reception area
