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Ocean Business Park

Off-Market

1945 Placentia Avenue, Costa Mesa, CA 92627

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  • Property Type Industrial - Flex - Industrial
  • Property Size 102,662 Sqft
  • Lot Size 5.34 Acre
  • Parking Spaces Avail. 210
  • Parking Ratio 2.05/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1953

Location

  • City Costa Mesa, CA
  • Neighborhood Freedom Homes
  • Zip Code 92627
  • Market Orange County

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 07 May, 1998
  • 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.

  • 2020 Avg. Asking Rent $36.06
  • 2020 Office Vacancy Rate 16.10%
  • 2020 Office Completions (Sqft)
View more Costa Mesa market trends

Tax

  • Property Tax in 2021-2022 $83,160
  • Market Value $7,904,176
  • Assessed Value $7,904,176

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of Ocean Business Park?

Ocean Business Park totals 102,662 square feet.

When was this property built?

Ocean Business Park was built in 1953.

When was Ocean Business Park last sold?

Ocean Business Park was last sold on 07 May, 1998.

What is the property tax for Ocean Business Park?

The property tax for Ocean Business Park in 2021-2022 was $83,160.

What is the market value for Ocean Business Park?

The market value for Ocean Business Park in 2021-2022 was $7,904,176.

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