779 W 16th St 7,200 SF 100% Leased Industrial Building Costa Mesa, CA 92627 $3,850,000 ($534.72/SF)

Positioned just one mile from the Pacific coastline, 779 W 16th St presents a rare opportunity to acquire a freestanding industrial asset in the heart of Costa Mesa’s vibrant Westside. This 7,200-square-foot warehouse sits on a 0.48-acre parcel and is currently configured into three distinct units, offering flexibility for owner-users or investors seeking multi-tenant income. The building features four grade-level roll-up doors, 16–17-foot minimum clear heights, and a secure fenced yard accessible via Placentia Avenue, ideal for logistics, storage, or light manufacturing operations.
The property includes eight surface parking spaces and 720 square feet of dedicated office space across two floors, supporting a range of operational needs. Zoned under the Mesa West Bluffs Urban Plan Area for General Industrial (MG) use, the site is well-suited for a variety of industrial applications. Its strategic location offers immediate access to the 405, 55, and 73 freeways, and is minutes from John Wayne Airport, enhancing regional connectivity for distribution and business travel.
Costa Mesa’s industrial market is known for its stability and long-term value, bolstered by high household incomes averaging over $150,000 within a one-mile radius and a dense population of more than 25,000 residents. The surrounding commercial corridor is rich in amenities and continues to attract a mix of light industrial and flex users, making this asset a compelling investment in one of Orange County’s most desirable submarkets