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$6,300,000
Est. payment /mo
0.44 Acres Lot
UPDATED:
02/26/2025 03:56 AM
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25040961
HOA Y/N No
Lot Size 0.440 Acres
Acres 0.44
Property Sub-Type Lots/Land
Type of Financing Cash,Conventional,Exchange
Property Description
The 1540 Superior Avenue project offers a prime development and investment opportunity in one of Costa Mesas 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 68 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 citys evolving real estate landscape.
The 1540 Superior Avenue project offers a prime development and investment opportunity in one of Costa Mesas 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 68 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 citys evolving real estate landscape.
The 1540 Superior Avenue project offers a prime development and investment opportunity in one of Costa Mesas 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 68 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 citys evolving real estate landscape.
Location
State CA
County Orange
Area Oc - Costa Mesa (92627)
Building
Lot Description Curbs, Sidewalks
Lot Size Range .25 to .5 AC
Others
Monthly Total Fees $141
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
CFD/Mello-Roos Fee $1, 700
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Listed by Tyler Leeson • Marcus & Millichap RE Invest
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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