1540 Superior Ave - Residential LAND FOR SALE


Costa Mesa, CA 92627- Downtown Costa Mesa18,896 SF
$6,300,000 USD
714-713-9086
1540 Superior Ave, Costa Mesa, CA for Sale
$6,300,000 USD
Residential LAND - FOR SALE
1/13
18,896 SF

1540 Superior Ave
Costa Mesa, CA 92627
Downtown Costa Mesa


HIGHLIGHTS

  • The project consists of nine well-appointed 3-bedroom, 2.5-bathroom townhomes with dedicated office spaces, private decks, and garages.
  • Unit sizes range from 1,737 to 2,261 square feet.
  • The projected average sale price per unit is $1,767,778, equating to $938 per square foot, with total revenue estimated at $15,910,000.
  • Total project costs amount to $12,081,100, with direct construction costs of $3,915,750 ($230 per square foot).
  • The project is expected to generate a net profit of $3,828,900 over two years, yielding a profit margin of 31.7%.
  • All units are designed with modern layouts, including office spaces, & private decks.

OVERVIEW

The 1540 Superior Avenue project offers a prime development and investment opportunity in one of Costa Mesa’s most rapidly evolving districts. Situated at the corner of Industrial and Superior, this high-visibility site benefits from strong market momentum, urban convenience, and strategic positioning, making it a highly attractive choice for developers and investors. With final tract map approval anticipated within 6–8 weeks and the project set to be permit-ready by April/May 2025, this investment provides a streamlined and efficient path to construction in a supply-constrained market. The property is directly across from the Superior Avenue live/work community, a transformative development that has redefined modern urban living in Costa Mesa. The presence of integrated residential, commercial, and live/work spaces in the immediate vicinity enhances buyer appeal and reinforces sustained demand for well-designed housing solutions, further strengthening the long-term investment potential of this site. As a center for innovation, commerce, and lifestyle, Costa Mesa continues to attract a diverse mix of residents and professionals. 1540 Superior Avenue is ideally positioned near high-end retail, sought-after dining destinations, and key employment hubs, ensuring consistent buyer and renter interest. Additionally, its location near established commercial corridors promotes steady foot traffic and heightened visibility, further solidifying its place in the city’s evolving real estate landscape. *Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent(s).*

FOR SALE DETAILS

PRICE

$6,300,000 USD

PRICE/ACRE

$14,522,305/AC

PRICE/SF

$333 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

-

LAND ACRES

0.43 AC

LAND SF

18,897 SF

OFFSITE IMPROVEMENTS

-

ZONING

C2

APN/PARCEL ID

425-351-06

ASK ABOUT THIS PROPERTY

Tyler LeesonMarcus & MillichapMore Info
714-713-9086

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Tyler LeesonMarcus & MillichapMore Info
714-713-9086

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.