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Property profile & analytics
FOR LEASE
Commercial real estate
1901 Newport Blvd Costa Mesa, CA 92627
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-3604743
For Lease
1 / 2
$24,350,000
1901 Newport Blvd, Costa Mesa, CA 92627
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
3.73 ac (162,415 SF)
APN
419-205-20
UPID
US09-3604743
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
PRB Logics | Electronic Component Distributor | Obsolete Electronic Parts Electronics & Wireless Store
-
Future Brands Hotel & Motel
-
Parallel Media Productions Film Production Television Studio
-
WINTER LLP Law Firm
-
Dr. Robert H Tran, M.D. Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$24.35M
Owner & transaction history
Newport Gateway LLC
Newport Gateway LLC
since 2026
Last sale
$24.4M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Costa Mesa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Costa Mesa submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$118,980
Tax year 2024
Assessed value
$10,849,577
Assessed 2024
Previous assessed
$10,849,577
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$3,183,624
Assessed improvement
$7,665,953
Applied tax rate
15.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Heating
NONE
Lot
3.73 ac (162,415 SF)
APN
419-205-20
UPID
US09-3604743
Jurisdiction
ORANGE
Metro division
SANTA ANA-ANAHEIM-IRVINE, CA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
3.73 ac
Current owner
From public records · entity-resolved
Newport Gateway LLC
Entity
Mailing address
3470 WILSHIRE BLVD #700, LOS ANGELES, CA 90010-2207
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 6, 2026
$24,350,000
Newport Gateway LLC
1901 Newport LLC
Grant Deed
—
Feb 14, 2022
—
1901 Newport LLC
—
Deed
related
$24,400,000 · Bank Hapoalim Bm
Jul 26, 2018
—
1901 Newport LLC
—
Grant Deed
related
$24,400,000 · City Nat'l Bk
Jan 9, 2017
—
1901 Newport LLC
—
Deed
related
$22,500,000 · Shanghai Commercial Bank
Dec 29, 2010
—
1901 Newport LLC
—
Deed Of Trust
related
$31,000,000 · Wachovia Bank Series 2007-c30
Sep 12, 2007
—
1901 Newport LLC
Owner Name Unavailable
Grant Deed
related
—
Dec 26, 2006
—
1901 Newport LLC
Kwi 1901 Newport Plaza LP
Grant Deed
$31,000,000 · Wachovia Bank NA
Dec 21, 2004
—
Kwi 1901 Newport Plaza
Rutter 1901 Newport LLC
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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