621 19Th StCosta Mesa, CA 92627

Property Details for 621 19Th St

Year built

1958

Lot size

0.27 AC

Property size (Sq ft)

4,897 SF

Property type

Showrooms

APN

424-211-06

APU

42421106

Description

This exceptional ±4,854 square foot shopping center presents a compelling investment opportunity in the vibrant city of Costa Mesa, California. Located at 621 W 19th St, zip code 92627, this multi-tenant retail property offers significant potential for income generation and long-term growth. The property's prime location within Costa Mesa ensures high visibility and accessibility for businesses and customers alike. The building's size and layout provide flexibility for a variety of retail uses, making it an attractive option for both established businesses and new ventures. This is a fantastic chance to acquire a well-situated retail center in a thriving Southern California market. The property is classified as a shopping center and offers multiple tenancies, providing diversification of income streams. Detailed financial information and lease agreements are available upon request. This property is situated at 33.64308850425513 latitude and -117.92420368410626 longitude. Serious inquiries only. Don't miss this chance to own a piece of Costa Mesa's thriving retail landscape. Further details regarding the current occupancy and lease terms are available upon request. This property is ready for immediate investment.

• CAP approach

  CAP return

  Valuation

  6%

  $1,852,615

  6.5%

  $1,710,106

  7%

  $1,587,956

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,343,464

  Geo Method

  $4,343,464

• Alternative Use

  Use

  Valuation

  Residential

  $1,442,538

  Hospitality

  $1,321,357

  Educational

  $1,099,354

  Medical

  $1,137,162

  Retail

  $1,710,106

Location Insight

City

Costa Mesa

County

Orange

State

California

Latitude

33.6431

Longitude

-117.924

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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