779 W 16th St - Warehouse FOR SALE


Costa Mesa, CA 92627
$3,850,000 USD
760-473-9655
779 W 16th St, Costa Mesa, CA for Sale
$3,850,000 USD
Warehouse - FOR SALE
1/16
null | Request Cap Rate

779 W 16th St
Costa Mesa, CA 92627


HIGHLIGHTS

  • Freestanding industrial building just one mile from the beach
  • Four grade-level roll-up doors with 16–17' clear heights
  • Secure fenced yard with alley access off Placentia Avenue
  • Multi-tenant layout with three divisible units and office space
  • Direct access to 405, 55, and 73 freeways; near John Wayne Airport
  • Located in a high-income, densely populated area of Costa Mesa

OVERVIEW

Positioned just one mile from the Pacific coastline, 779 W 16th St presents a rare opportunity to acquire a freestanding industrial asset in the heart of Costa Mesa’s vibrant Westside. This 7,200-square-foot warehouse sits on a 0.48-acre parcel and is currently configured into three distinct units, offering flexibility for owner-users or investors seeking multi-tenant income. The building features four grade-level roll-up doors, 16–17-foot minimum clear heights, and a secure fenced yard accessible via Placentia Avenue, ideal for logistics, storage, or light manufacturing operations. The property includes eight surface parking spaces and 720 square feet of dedicated office space across two floors, supporting a range of operational needs. Zoned under the Mesa West Bluffs Urban Plan Area for General Industrial (MG) use, the site is well-suited for a variety of industrial applications. Its strategic location offers immediate access to the 405, 55, and 73 freeways, and is minutes from John Wayne Airport, enhancing regional connectivity for distribution and business travel. Costa Mesa’s industrial market is known for its stability and long-term value, bolstered by high household incomes averaging over $150,000 within a one-mile radius and a dense population of more than 25,000 residents. The surrounding commercial corridor is rich in amenities and continues to attract a mix of light industrial and flex users, making this asset a compelling investment in one of Orange County’s most desirable submarkets

FOR SALE DETAILS

PRICE

$3,850,000 USD

PRICE/SF

$535 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

UTILITIES

-

CLEAR CEILING HT

24 Ft

DOCKS

-

DRIVE INS

4

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.48

LAND SF

20,965

ZONING

MG

APN/PARCEL ID

424-131-03

ASK ABOUT THIS PROPERTY

Nic LyonACRE Investment Real Estate ServicesMore Info
760-473-9655

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Nic LyonACRE Investment Real Estate ServicesMore Info
760-473-9655

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.