1588 South Coast Drive

Off-Market

1588 South Coast Drive, Costa Mesa, CA 92626

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 180,202 SF
  • Lot Size 15 Acre
  • Parking Spaces Avail. 450
  • Parking Ratio 2.50 / 1,000 SF
  • Property Tenancy Owner Occupied
  • LEED Certified Platinum
  • Building Class A
  • Year Built 1975

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 25 Jun, 2015
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Costa Mesa

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Costa Mesa Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $32.45
  • 2022 Office Vacancy Rate 14.56%
  • 2022 Office Completions (SF) 380,856
View more Costa Mesa market trends

Location

Getting Around

  • Walk Score ®

    49/100 Car-Dependent
  • Transit Score ®

    37/100 Some Transit
  • Bike Score ®

    48/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Costa Mesa, CA
  • Neighborhood Mesa Verde
  • Zip Code 92626
  • Market Orange County

Points of Interest

  • Santa Ana

    5.60 miles

  • Tustin

    6.82 miles

  • Tustin Metrolink Station

    6.83 miles

  • Orange

    7.66 miles

  • Sunset Boulevard Stop

    7.92 miles

  • Carthay Circle Stop

    7.96 miles

  • Hollywood East Stop

    7.97 miles

  • Buena Vista Street Stop

    8.02 miles

  • Main Street Station

    8.12 miles

  • Anaheim Regional Transportation Intermodal Center

    8.16 miles

  • Costco Gasoline

    0.82 miles

  • Tesla Supercharger

    0.94 miles

  • Arco

    1.76 miles

  • USA Gasoline

    1.77 miles

  • Mobil

    1.89 miles

  • Arco

    2.09 miles

  • Speedway

    2.20 miles

  • Arco

    2.21 miles

  • Chevron

    2.21 miles

  • Electrify America Fast Charging Station - Target Santa Ana, CA

    2.23 miles

  • Adams 33

    1.46 miles

  • Adams Lot

    1.48 miles

  • South Coast Plaza Park And Ride

    1.74 miles

  • Lutheran Church Park And Ride

    1.86 miles

  • Lot A

    1.95 miles

  • parking structure

    1.95 miles

  • Lot B

    1.96 miles

  • Lot C

    2.15 miles

  • Lot D

    2.33 miles

  • Valley Vista High School Parking Lot

    2.42 miles

  • La Quinta Inn

    0.14 miles

  • Residence Inn by Marriott Costa Mesa Newport Beach

    1.95 miles

  • Ayres Hotel Fountain Valley

    2.06 miles

  • Sonesta Select Huntington Beach Fountain Valley

    2.13 miles

  • Crowne Plaza Costa Mesa OC

    2.17 miles

  • Sonesta ES Suites Huntington Beach Fountain Valley

    2.20 miles

  • The Westin South Coast Plaza

    2.22 miles

  • Westin South Coast Plaza

    2.25 miles

  • Hilton Orange County / Costa Mesa

    2.31 miles

  • Corner pool home

    2.46 miles

  • Hooters

    0.17 miles

  • In-N-Out Burger

    0.38 miles

  • Raising Cane's

    0.52 miles

  • McDonald's

    0.85 miles

  • Taco Bell

    0.88 miles

  • Souplantation

    0.90 miles

  • Rance's Chicago Pizza

    0.91 miles

  • Sonic

    1.04 miles

  • Rubio's

    1.07 miles

  • Pick Up Stix

    1.08 miles

  • California Elementary School

    0.30 miles

  • Charles W Te Winkle Middle School

    0.34 miles

  • The Art Institute of California - Orange County

    0.40 miles

  • Argosy University - Orange County Campus

    0.43 miles

  • Killybrooke Elementary School

    0.67 miles

  • Mesa Verde School

    0.85 miles

  • Maranatha Christian Academy

    0.88 miles

  • Prince of Peace School

    0.97 miles

  • Paularino Elementary School

    1.36 miles

  • Jim Thorpe Fundamental

    1.36 miles

  • KinderCare

    1.23 miles

  • KinderCare

    2.22 miles

  • Kinderland Academy

    4.69 miles

  • Environmental Nature Center Nature Preschool

    4.99 miles

  • The Leaning Spot

    5.64 miles

  • Kiddie Academy

    6.05 miles

  • University Montessori

    6.13 miles

  • Boys & Girls Club of Tustin

    6.31 miles

  • Carden Conservatory

    6.52 miles

  • KinderCare

    6.86 miles

Frequently Asked Questions

What is the total square footage of 1588 South Coast Drive?

1588 South Coast Drive totals 180,202 square feet.

When was this property built?

1588 South Coast Drive was built in 1975.

When was 1588 South Coast Drive last sold?

1588 South Coast Drive was last sold on 25 Jun, 2015.

What is the property tax for 1588 South Coast Drive?

The property tax for 1588 South Coast Drive in 2023-2024 was $943,704.

What is the market value for 1588 South Coast Drive?

The market value* for 1588 South Coast Drive in 2023-2024 was $90,022,387.

*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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