Property profile

2698 Newport Blvd Costa Mesa, CA 92627

OFF-MARKET
Turn key restaurants
Property ID
US09-0065076
1,857 SF 0.7 ac lot Built 1948
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1948
Total area 1,857 SF
Lot 0.7 ac (30,622 SF)
APN 439-081-01
UPID US09-0065076

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Bar & Pub

Location

2698 Newport Blvd Costa Mesa, CA 92627-4626
Costa Mesa metro Census 63102 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$505k
CAP Approach CAP
by Request
Comparable Approach Comparable
$612k
Blend (final) Blend
$560k

Owner & transaction history

since 2017
4 recorded transactions
2017
$2.8M
2011
Price N/A
2007
$1.2M
1994
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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