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    Property profile & analytics
    OFF-MARKET Estimated value $2,345,000
    Showrooms

    2075 Hbr Blvd, Costa Mesa, CA 92627-2630

    1,290 SF 0.63 ac lot Built 1972
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US10-3287406
    Property summary
    AI-generated overview

    Exceptional investment opportunity in Costa Mesa, California. This expansive 29,000 square foot property, located at 2075 Harbor Blvd, 92627, Orange County, is currently operating as a retail auto shop generating approximately $27,000 in monthly revenue. The property presents significant potential for redevelopment. Currently zoned for retail use, it can be re-entitled for residential development, offering a blank canvas for building new homes or townhouses. The site's prime location in a thriving neighborhood provides easy access to amenities, schools, and transportation. The success of a recently completed adjacent project featuring tall, skinny homes, which sold out rapidly, underscores the high demand and desirability of this area. This presents a rare chance to acquire a substantial parcel of land with immense potential for significant return on investment, whether through continued operation as an auto shop or through residential redevelopment. The property's size and location make it an attractive proposition for developers and investors seeking to capitalize on the strong market in Costa Mesa. This is a truly unique opportunity not to be missed.

    Property profile
    Verified
    Property type Showrooms
    Use group SHOW ROOM, WAREHOUSE
    Year built 1972
    Total area 1,290 SF
    Lot 0.63 ac (27,344 SF)
    APN 422-091-11
    UPID US10-3287406
    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
    • Costa Rentals LLC Propane Supplier
    • Red-E-Rentals Auto Parts Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.43M
    Blend (final) Blend
    $2.35M
    Owner & transaction history
    Colony Asset Management LP
    Colony Asset Management LP
    since 2025
    Last sale
    $2.9M
    5 recorded transactions
    2025
    $2.9M
    2024
    $3.0M
    2021
    $4.2M
    2006
    2006
    $1.2M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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