1749 Newport Blvd Costa Mesa, CA 92627

$1,332,500 Sold Price as of 12/15/2011

-- Beds
-- Baths
-- Sq.Ft.

Off Market

$1,332,500 Sold Price as of 12/15/2011 Refinance Your Mortgage

Map preview of 1749 Newport Blvd, Costa Mesa, CA 92627

Property Overview: 1749 Newport Blvd Costa Mesa, CA has -- bedrooms, -- bathrooms, -- living square feet and 11,019 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1749 Newport Blvd is currently an off market home in the city of Costa Mesa. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Costa Mesa has a median list price of $1,495,000. The median price per/sqft for Costa Mesa is $783. With those numbers in mind, if you are looking to purchase a median priced home in Costa Mesa, CA and put 20% down you will need to save up $299,000 for the down payment and will need roughly $29,900 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Costa Mesa the commission could be as much as $65,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1749 Newport Blvd

Last sold for $1,332,500 on December 15th, 2011

November, 2020
Nov 20, 2020

Date

Expired

CRMLS: PW19269581

--

Price
Oct 30, 2020

Date

Withdrawn

CRMLS: PW19269581

--

Price
Sep 28, 2020

Date

Pending

CRMLS: PW19269581

--

Price
Nov 21, 2019

Date

Active

CRMLS: PW19269581

--

Price
Listing provided courtesy of CRMLS

Located in the heart of Costa Mesa, immediately off the 55 freeway on Newport Boulevard in between 17th Street & 18th Street. With more than 250,000 cars passing by per day, this center hosts a diverse tenant mix. Recently approved by the City of Costa Mesa Planning Commission & City Council for a 4,652 SF restaurant (previously 3,300 SF restaurant & 1,200 SF retail). The restaurant not only utilizes the front public parking lot but also has its own private 14 space parking lot located in the back (hard to find in beach areas). Restaurant operator has the luxury of designing/developing not only the interior but also the exterior of the building. Owners are willing to credit tenant improvements towards the exterior & interior improvements. Restaurant owner can design the look & feel they desire within the perimeters of the Cities approval.

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July, 2018
Jul 17, 2018

Date

Canceled

CRMLS: PW18067142

$590,000

Price
Jul 17, 2018

Date

Withdrawn

CRMLS: PW18067142

$590,000

Price
Mar 23, 2018

Date

Active

CRMLS: PW18067142

$590,000

Price
Listing provided courtesy of CRMLS

The Hub Kitchen & Taps, Costa Mesa Profitable, absentee-owned bar and restaurant located on Newport Boulevard with great visibility from the 55 freeway. Type 47 liquor license, new 16 handle draft beer system. Recently approved to serve alcohol until 2 am Thursday-Saturday. Fully remodeled and opened in 2014, large outdoor patio, 15 big screen tvs. Great lease with over 7 years remaining on original term and two 5 year options. Excellent opportunity to increase sales and profits immediately. Gross sales $1,450,000.00. On border of Newport Beach and Costa Mesa with several residential projects currently under construction in immediate vicinity. Huge upside potential. Gross Revenue $1,400,000. Cash Flow $215,000. Brokers welcome.

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April, 2018
Apr 1, 2018

Date

Expired

CRMLS: PW17074707

$678,000

Price
Aug 29, 2017

Date

Price Change

CRMLS: PW17074707

$678,000

Price
Apr 8, 2017

Date

Active

CRMLS: PW17074707

$629,000

Price
Listing provided courtesy of CRMLS

The Hub Kitchen & Taps, Costa Mesa Profitable, absentee owned bar and restaurant located on Newport Boulevard with great visibility from the 55 freeway. Type 47 liquor license, new 16 handle draft beer system. Recently approved to serve alcohol until 2 am Thursday-Saturday. Fully remodeled and opened in 2014, large outdoor patio, 15 big screen TV’s. Great lease with over 7 years remaining on original term and two 5 year options. Excellent opportunity to increase sales and profits immediately. Gross sales $1,450,000.00.On boarder of Newport Beach and Costa Mesa with several residential projects currently under construction in immediate vicinity. Huge upside potential. Gross Revenue $1,450,000. Cash Flow $215,000. Brokers welcome.

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December, 2011
Dec 15, 2011

Date

Sold (Public Records)

Public Records

$1,332,500

Price
January, 2009
Jan 30, 2009

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 1749 Newport Blvd

Assessed Value (2020): $1,490,276

Year	Land Value	Improved Value	Assessed Value
2020	$1,013,388	$476,888	$1,490,276

About 1749 Newport Blvd

Detailed summary of property

1749 Newport Blvd is categorized with a use code of Commercial Building, Mail Order, Show Room (Non-Auto), Commercial Whse in Costa Mesa, CA 92627 and last sold on December 15, 2011 for $1,332,500. This property has -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 11,019 square foot lot. Homes in Costa Mesa are selling for a median price of $1,300,000 and a median price per square foot of $801. Based on Ardent Real Estate Group's Costa Mesa Market Data, this home is sold 2.5% higher than the current median priced home. 1749 Newport Blvd was last sold on December 15, 2011 for $1,332,500. Local nearby listings include 532 Caleigh Ln, 1984 Orange Ave and 361 Bayside Court. The average home in Costa Mesa, CA is selling in 42 days. There are currently 150 homes for sale in the Costa Mesa real estate market and 110 of them are single family homes while 23 of them are condos and 17 are townhomes. If you are the homeowner and looking to sell the home at 1749 Newport Blvd Costa Mesa, CA 92627 contact Ardent Real Estate Group and we will put you in touch with one of our Costa Mesa agents.

Public Facts for 1749 Newport Blvd

Public county record property details

Beds: --
Baths: --
Year built: --
Sq. Ft.: --
Lot Size: 11,019
Stories: --

Type: Commercial Building, Mail Order, Show Room (Non-Auto), Commercial Whse
Pool: No
Spa: No
County: Orange
Lot#: 13
APN: 424-271-30

The source for these homes facts are from public records.

92627 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,399,000

Median List Price/Sq.Ft.

$825

Median Sold Price

$1,070,000

Median Sold Price/Sq.Ft.

$855

Total Inventory

Median Sale to List Price %

99.17%

Avg Days on Market

Loan Type

Conventional (66.67%), FHA (0%), VA (0%), Cash (5.56%), Other (22.22%)

Thinking of Selling?

Is this your property?
Thinking of Selling?
Call, Text or Message

(714) 706-1823

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