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Property Name <br />Vacant Site Zoned CL <br />Address <br />2821 Bristol St <br />Costa Mesa, CA 92626 <br />County <br />Orange <br />Govt./Tax ID <br />418-181-11 <br />Area Measurement(NRA) <br />Land Area Net <br />0.433 ac/ 18,881 sf <br />Land Area Gross <br />0.433 ac/ 18,881 sf <br />Site Development Status <br />Finished <br />Utilities <br />At Street <br />Maximum FAR <br />N/A <br />Max Allow Bldg Units/Density <br />N/A <br />Min Land Bldg Ratio <br />N/A <br />Shape <br />Rectangular <br />Primary Frontage <br />N/A <br />Secondary Frontage <br />N/A <br />Topography <br />Generally Level <br />Flood Zone Class <br />Zone X (Unshaded) <br />Flood Panel No./ Date <br />06059CO267J/ Dec 2009 <br />Zoning <br />CL <br />Entitlement Status <br />N/A <br />Proposed Use or Development <br />Parking lot <br />Type <br />Sale <br />Interest Transferred <br />Fee Simple <br />Condition of Sale <br />Normal <br />Recorded Buyer <br />2821 Bristol Site LLC <br />Buyer Type <br />Private Investor <br />Recorded Seller <br />GS BUILDING LP <br />Marketing Time <br />2 Month(s) <br />Listing Broker <br />Matthew Wenzel, Marcus Millichap <br />Doc # <br />221121 <br />Primary Verification <br />Listing Broker, Public records, Grant <br />Deed <br />Transaction Date <br />08/14/2024 <br />Recording Date <br />08/27/2024 <br />Sale Price <br />$1,100,000 <br />Financing <br />N/A <br />Cash Equivalent <br />$1,100,000 <br />Capital Adjustment <br />$0 <br />% Interest Purchased <br />100% <br />Adjusted Price <br />$1,100,000 <br />Adjusted Price / ac and <br />$2,538,071 / $58.26 <br />/ sf <br />Adjusted Price/ FAR <br />N/A <br />Adjusted Price/ Unit <br />N/A <br />A private individual sold this 0.43 acre lot to another private individual for $1,100,000 or $2,538,071.07 per acre. The property is zoned <br />Commercial Limited which allows for light industrial and commercial uses. The site a narrow rectangular shape with a width of 50 feet and a <br />depth of approximately 375 feet and is currently asphalt paved and utilized as a parking lot and the buyer does not currently have set plans for <br />development. The property was on the market for 76 days with an original asking price of $1,200,000. The buyer did not utilize financing for the <br />purchase. <br />