1711 - 1719 Pomona Avenue

1711 - 1719 Pomona Avenue, Costa Mesa, CA 92627

  • For Sale $5,900,000
  • Property Type Multi-Family
  • Property Size 16,640 SF
  • Units 8
  • Lot Size 0.46 Acre
  • Additional Rent Contact for pricing
  • Year Built 2025
  • Date Updated Jan 7, 2025
N/AThe 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.
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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 $14,920,000.
  • Cost Efficiency: Total project costs of $11,471,350, including $3,827,200 for direct construction ($230 per square foot) 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%.
  • Premium Features: All units include modern layouts with office spaces, private decks, and garage configurations (double or tandem), catering to the demands of discerning buyers.

Contacts

broker

The Leeson Group Marcus & Millichap

Location

Getting Around

  • Walk Score ®

    78/100 Very Walkable
  • Transit Score ®

    44/100 Some Transit
  • Bike Score ®

    62/100 Bikeable
Powered by Walk Score ®
  • City Costa Mesa, CA
  • Neighborhood Westside Costa Mesa
  • Zip Code 92627
  • Market Orange County

Points of Interest

  • Tustin Metrolink Station

    8.56 miles

  • Tustin

    8.57 miles

  • Speedway Express

    0.50 miles

  • Chevron

    0.51 miles

  • Mobil

    0.52 miles

  • 76

    0.66 miles

  • Superior Car Wash & Detail Center

    0.67 miles

  • Superior Stations

    0.98 miles

  • Exxon

    1.35 miles

  • EV Chargepoint

    1.48 miles

  • ChargePoint

    3.36 miles

  • Tesla Supercharger

    3.77 miles

  • Hoag Center Free Patient Parking

    0.44 miles

  • P8 Placentia Parking

    0.77 miles

  • P1 Main Visitor Parking East

    0.80 miles

  • Villa Balboa Cagney Ln. Parking A

    0.91 miles

  • Pool House Parking

    0.92 miles

  • P2 South Visitor Parking

    0.95 miles

  • Physician & Staff Parking

    0.97 miles

  • P4 Cancer Center Parking

    1.00 miles

  • P3 Cancer Center Parking

    1.02 miles

  • Ramada Costa Mesa/Newport Beach

    0.28 miles

  • Hotel California

    0.78 miles

  • Travelodge Costa Mesa Newport Beach Hacienda

    0.93 miles

  • Sandpiper Motel

    0.99 miles

  • Cozy Inn

    1.13 miles

  • Holiday Inn Express Costa Mesa

    1.24 miles

  • Holiday Inn Express

    1.27 miles

  • Days Inn Costa Mesa-Newport Beach

    1.30 miles

  • Newport Channel Inn

    1.37 miles

  • Lido House

    1.40 miles

  • Del Taco

    0.28 miles

  • Outback Steakhouse

    0.37 miles

  • Juice It Up!

    0.37 miles

  • Kabob Republic

    0.40 miles

  • Carl's Jr.

    0.42 miles

  • Wahoo's Fish Taco

    0.44 miles

  • Taco Mesa

    0.47 miles

  • McDonald's

    0.47 miles

  • Nice Burger

    0.50 miles

  • Crack Shack

    0.53 miles

  • Coastline Community College

    0.68 miles

  • Whittier Elementary School

    0.71 miles

  • Newport Heights Elementary School

    0.80 miles

  • McNally School

    0.82 miles

  • Pomona Elementary School

    0.86 miles

  • Rea Elementary School

    0.88 miles

  • Saint Joachim School

    1.05 miles

  • Harper School

    1.13 miles

  • Heritage Montessori School

    1.19 miles

  • Victoria Elementary School

    1.31 miles

  • Environmental Nature Center Nature Preschool

    1.57 miles

  • KinderCare

    4.40 miles

  • University Montessori

    5.23 miles

  • Kinderland Academy

    8.34 miles

  • Carden Conservatory

    8.50 miles

  • Boys & Girls Club of Tustin

    9.11 miles

  • Tustin Community Preschool

    9.37 miles

  • Kiddie Academy

    9.37 miles

  • The Leaning Spot

    9.51 miles

Frequently Asked Questions

How much does 1711 - 1719 Pomona Avenue cost?

The space currently listed for sale at 1711 - 1719 Pomona Avenue asks for $5,900,000.

What is the total square footage of 1711 - 1719 Pomona Avenue?

1711 - 1719 Pomona Avenue totals 16,640 square feet.

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Contact Listing Broker
broker

The Leeson Group Marcus & Millichap