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31849887
31849888

562 W 19th St, Costa Mesa, CA 92627 For Sale

NH
CA CA 01838616
Coastal Commercial
Listed by Coastal Commercial
$8,242,000
295 days on market
Updated 57 days ago

562-590 W. 19th Street

Details
APN 422-141-46 422-141-47
Property Type Retail
Sub Type Shopping Center, Storefront
Square Footage 31,120
Net Rentable (SqFt) 10,500
Occupancy 100%
Investment Type Core

Just Listed | Leasehold Interest – 562–590 W. 19th Street, Costa Mesa

Marketing description

Coastal Commercial is pleased to present the opportunity to acquire 562–590 W 19th Street, a strategically located mixed-interest asset in the heart of Costa Mesa, one of Orange County’s most dynamic and supply-constrained coastal markets. The offering consists of both fee simple and leasehold interests, providing investors with a unique blend of stable income, operational flexibility, and long-term upside potential.

Positioned along West 19th Street, a heavily traveled corridor connecting Newport Beach to central Costa Mesa, the property benefits from strong visibility, consistent traffic counts, and immediate access to major thoroughfares including Newport Boulevard and the 55 Freeway. The surrounding area is characterized by a dense and affluent population base, with continued residential and commercial growth fueling demand for retail and service-oriented uses.

The asset is comprised of a diverse tenant mix, offering income stability and reduced rollover risk. The combination of fee simple ownership and leasehold components allows for a favorable basis relative to fully fee simple acquisitions, while also presenting investors with the opportunity to enhance value through lease restructuring, repositioning, or future redevelopment strategies.

Costa Mesa continues to experience strong economic fundamentals driven by its proximity to major employment hubs, coastal amenities, and regional retail destinations such as South Coast Plaza. The city’s pro-business environment and

ongoing revitalization efforts further support long-term rent growth and asset appreciation.

This offering is well-suited for investors seeking a stable, income-producing property with embedded upside in a high-barrier-to-entry coastal submarket. The 562–590 W 19th Street asset represents a compelling opportunity to capitalize on both current cash flow and future value creation in one of Southern California’s most desirable investment locations.

Investment highlights

  • Fee Simple List Price $8,242,000
  • Leasehold Interest List Price $5,742,000
  • 100% Occupied Multi-Tenant Retail Center
  • Leasehold Interest
  • High-Yield Investment
  • Prime Location
  • First Right of Refusal
  • Convenient Access
  • High Traffic Count
  • Affluent Demographics

Listing Contacts

NH
CA CA 01838616
Coastal Commercial
Listed by Coastal Commercial

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Additional Information

Name
Nathan Holthouser
License
CA 01838616
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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