Costa Mesa CA Land for Sale
$1,200,000
Bristol Costa Mesa, CA 92626
- Type:
- Land
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.43 Acres
- Baths:
- MLS#:
- CRPW24120147
View additional info
Courtesy: Marcus & Millichap
ADDITIONAL INFORMATION
The subject property is a ±0.43 acre parcel of land located on Bristol Street in the city of Costa Mesa one block south of Bear Street and the 73 freeway. This site is rectangular in shape and measures approximately 50’ wide by 385’ deep. The site is completely paved over and is striped as a parking lot although it is not being utilized at the current time. The property is zoned Commercial Limited (CL) and has a General Plan Land Use designation of General Commercial. The CL zoning district is intended for unique areas of land which, due to the proximity of residential development or the potential for traffic circulation hazards, require special precautions to be taken to assure appropriate development. In November of 2022, the voters of the city of Costa Mesa passed a revitalization ordinance known as Measure K. The Measure K ordinance provides for housing options and revitalization along specific key corridors within the city. This property falls within one of the very few Measure K designated corridors in the city. The site is located on the small stretch of Bristol Street that is bounded by the 73 freeway to the north and the 55 freeway to the south. Bristol Street is a major arterial through the city which means that it is a six-lane divided roadway with a raised median
$1,200,000
Bristol Costa Mesa, CA 92626
- Type:
- Land
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.43 Acres
- Baths:
- MLS#:
- PW24120147
ADDITIONAL INFORMATION
The subject property is a ±0.43 acre parcel of land located on Bristol Street in the city of Costa Mesa one block south of Bear Street and the 73 freeway. This site is rectangular in shape and measures approximately 50’ wide by 385’ deep. The site is completely paved over and is striped as a parking lot although it is not being utilized at the current time. The property is zoned Commercial Limited (CL) and has a General Plan Land Use designation of General Commercial. The CL zoning district is intended for unique areas of land which, due to the proximity of residential development or the potential for traffic circulation hazards, require special precautions to be taken to assure appropriate development. In November of 2022, the voters of the city of Costa Mesa passed a revitalization ordinance known as Measure K. The Measure K ordinance provides for housing options and revitalization along specific key corridors within the city. This property falls within one of the very few Measure K designated corridors in the city. The site is located on the small stretch of Bristol Street that is bounded by the 73 freeway to the north and the 55 freeway to the south. Bristol Street is a major arterial through the city which means that it is a six-lane divided roadway with a raised median. Neighbors to the south include office/retail buildings, the neighbor to the north is a small apartment building and the neighborhood to the west is all detached single-family homes. Parcels of unused or underutilized land are very difficult to find in the city of Costa Mesa, especially those with frontage along a major arterial such as Bristol Street. This site has been listed for sale at a price of only $63.56 per square foot.
Costa Mesa Real Estate
The median home value in Costa Mesa, CA is $819,800. This is higher than the county median home value of $707,900. The national median home value is $219,700. The average price of homes sold in Costa Mesa, CA is $819,800. Approximately 37.32% of Costa Mesa homes are owned, compared to 58.16% rented, while 4.52% are vacant. Costa Mesa real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Costa Mesa real estate agent to arrange a tour today!
Costa Mesa, California 92626 has a population of 112,930. Costa Mesa 92626 is less family-centric than the surrounding county with 34.07% of the households containing married families with children. The county average for households married with children is 36.16%.
The median household income in Costa Mesa, California 92626 is $75,109. The median household income for the surrounding county is $81,851 compared to the national median of $57,652. The median age of people living in Costa Mesa 92626 is 34.5 years.
Costa Mesa Weather
The average high temperature in July is 74.4 degrees, with an average low temperature in January of 48.4 degrees. The average rainfall is approximately 13.5 inches per year, with 0 inches of snow per year.