1711-1719 Pomona Ave - Residential LAND FOR SALE


Costa Mesa, CA 92627 20,038 SF
$5,900,000 USD
714-713-9086
1711-1719 Pomona Ave, Costa Mesa, CA for Sale
$5,900,000 USD
Residential LAND - FOR SALE
1/17
20,038 SF

1711-1719 Pomona Ave
Costa Mesa, CA 92627


HIGHLIGHTS

  • Diverse Unit Plans: Eight 3-bedroom, 2.5-bathroom townhomes with offices, decks, and garages; unit sizes range from 2,076 to 2,084 square feet.
  • Strong Sales Potential: Projected average sale price of $1,865,000 per unit, equating to $897 per square foot, with total revenue estimated at $14,920
  • Total project costs of $11,471,350, including $3,827,200 for direct construction and allowances for contingency, property taxes, and sales fees.
  • Attractive Profitability: Projected net profit of $3,448,650 over two years, yielding a profit margin of 30.1%.
  • All units include modern layouts with office spaces, private decks, and garage configurations (double or tandem).

OVERVIEW

The 1711 - 1719 Pomona Avenue project offers a premier development and investment opportunity in one of Costa Mesa's most dynamic and promising areas. At the corner of Pomona and 17th, this prime site benefits from a unique blend of urban convenience, emerging market activity, and high visibility, making it a compelling choice for developers and investors. This site stands directly across from the transformative 17 West live/work community, a hallmark of modern urban living in Costa Mesa. This proximity boosts the location’s appeal and reinforces its value as a pivotal part of the area’s rapidly evolving landscape. Integrating residential, commercial, and live/work spaces in the vicinity creates a synergistic ecosystem that ensures sustained growth and demand. Costa Mesa is a hub for innovation, culture, and lifestyle. The 1711 -1719 Pomona Avenue property benefits from its location in a city celebrated for its boutique shopping, trendy dining, and robust employment sectors. Its proximity to established commercial spaces ensures a steady traffic flow and enhances the development's desirability for potential buyers or renters. The site sits at the forefront of Costa Mesa’s continuous development trajectory. With ongoing improvements and new projects in the pipeline, the area demonstrates strong upward momentum in property values and market activity. Its position as a rising star in Orange County’s real estate market makes it particularly attractive for forward-looking investments. Conveniently located within walking distance of various amenities, including dining, retail, and professional services, the site provides unmatched accessibility for residents. The nearby transportation networks further ensure seamless connections to broader Orange County and Los Angeles markets, amplifying its strategic significance. The planned 8-unit development at this location embodies modern architectural design, functionality, and sustainability. This development is not just an investment in real estate but a contribution to shaping the future of Costa Mesa’s residential landscape. The combination of thoughtful design, eco-conscious construction, and an exceptional location ensures that the project will command significant attention from buyers and renters seeking premium living spaces. The 1711 - 1719 Pomona Avenue project is more than a real estate opportunity—it’s a gateway to participating in Costa Mesa’s ongoing transformation and future growth. *Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent(s).*

FOR SALE DETAILS

PRICE

$5,900,000 USD

PRICE/ACRE

$12,825,831/AC

PRICE/SF

$294 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Apartment Units - Condo

LAND ACRES

0.46 AC

LAND SF

20,038 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

R3

APN/PARCEL ID

424-081-21,424-081-22

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.