Bristol, Costa Mesa

$1,200,000

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0.43

Acres

Listing Agent
Matthew Wenzel - Marcus & Millichap

About Bristol

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.

Features of Bristol

MLS® # PW24120147
Price $1,200,000
Bathrooms 0.00
Acres 0.43
Type Land
Status Active

Community Information

Address Bristol
Area 699 - Not Defined
City Costa Mesa
County Orange
Zip Code 92626

Amenities

View None
Is Waterfront No
Has Pool No

Interior

Has Basement No
Fireplace No

Exterior

Lot Description Level, Paved, Value In Land

Additional Information

Date Listed June 11th, 2024
Days on Market 37
Zoning CL
Foreclosure No
Short Sale No
RE / Bank Owned No
Leased Land Fee
Senior Community No

Listing Details

AgentMatthew Wenzel
OfficeMarcus & Millichap

Listing Map

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