Pending Commercial MLS# OC26210315

2900 Bristol

Costa Mesa, CA 92626

$3,475,000

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About 2900 Bristol

We are pleased to present an opportunity to acquire a highly upgraded office building with Class A finishes. The Waters at Creekside presents investors with a rare opportunity to purchase a fully leased medical and professional office asset in one of Orange County's most accessible and established business environments. Located at 2900 Bristol Street, Building H, in Costa Mesa, California; the 12,457-square-foot, two-story office building offers stable in-place cash flow, a diversified tenant roster, and strategic freeway connectivity that supports long-term occupancy and tenant retention.

The property generates annual gross rental income of $309,271, producing a Net Operating Income (NOI) of $225,947. Based on the current offering price, the asset is being offered at a 6.50 percent capitalization rate, providing investors with immediate yield from a stabilized income stream.

The second floor provides a significant anchor tenancy and long-term demand driver. The ground floor features a diversified mix of professional and medical-related users, including financial services, insurance, psychology, and therapy tenants. This tenant composition reduces income concentration risk while creating a complementary service environment that supports occupancy stability.

Situated within The Waters at Creekside office park, the property benefits from exceptional regional accessibility. The building is positioned immediately adjacent to the interchange of State Route 73 and State Route 55, providing direct access throughout Orange County and Southern California. The property's strategic location also offers convenient connections to Interstate 405 and Interstate 5 via State Route 55, making it highly accessible for employees, clients, and patients traveling from throughout the region.

This investment opportunity is ideal for private investors, family offices, 1031 exchange buyers, and professional office investors seeking a stabilized, income-producing asset in Southern California's most established office markets.

Property details

Property

Type
Office
MLS type
Commercial
Status
Pending
Stories
2
Living area
12,457 sqft
Price / sqft
$279
Lot
0.27
Original price
$3,475,000
MLS #
OC26210315

Exterior & lot

Construction
2
Lot
41818502

Schools

District
Newport-Mesa Unified School District

Utilities

Utilities
Public
Water
Public

Financial

Parcel
41818502
Special conditions
Standard

Location

Area
699 - Not Defined
County
Orange
Neighborhood
SoBECA
Directions
Off Bristol St and Randolph Ave

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Listed by Greg Bassirpou, Marcus & Millichap RE Invest

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.