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    621 W 19Th St Costa Mesa, CA 92627

    For Sale
    $3,442,000

    Three-unit retail center with high traffic and established tenants.

    Lot size:
    0.27 Acres

    Property Features for 621 W 19Th St

    General Information

    Lot size
    0.27 Acres

    Building Details

    Year built
    1958

    Source: Consolidated Capital Investments Agent Mehran Novini

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Center on Major Thoroughfare

    This three-unit retail center is situated on 19th Street, a major thoroughfare experiencing traffic of over 33,000 vehicles per day. The location is near a McDonald's and across from an In-N-Out, with proximity to national and regional retailers including Bank of America, 24 Hour Fitness, Wells Fargo Bank, BevMo, Rubio's, CVS, and Grocery Outlet. Two of the units are leased to Little Caesars, which has been at the site since 2009 and has continuously exercised their 5-year options, and Up In Smoke, which has been at the site for four years and has one 5-year option. The vacant space measures 2071 square feet, and the seller is offering a rent guarantee for one year. The property is free and clear of financing. The seller is also offering to carry a loan in first position in the amount of $2,242,000 at 7% with interest-only monthly payments of $13,078.33 for ten years. This property is also suitable for a user who is interested in occupying the vacant space.
    Insight Report Location Intelligence

    Current Use by Public Records

    Back Pain Clinic Medical Clinic Arbor & Strong Firm Trial Attorney Hewko Thomas M ... Chiropractor Mind & Body Health Medical Office BitcoinX ATM Atm

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Costa Mesa
    County
    Orange
    State
    California
    Longitude
    -117.9243441
    Latitude
    33.6431361

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    FAQs

    What type of property is this?
    Strip mall - Three-unit retail center with high traffic and established tenants.
    Where is this strip mall located?
    The property is located at 621 W 19Th St Costa Mesa, CA.
    What is the asking price?
    The asking price for this property is $3,442,000.
    What are key features of this property?
    This property features: - High-traffic location on 19th Street with over 33,000 vehicles per day.; - Seller financing available: $2,242,000 at 7% interest-only for ten years.; - Two units are leased to established tenants: Little Caesars (since 2009) and Up-In Smoke.
    (714) 325-9947
    Request Owner's contact information
    621 W 19Th St Costa Mesa, CA 92627
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    Costa Mesa, CA 92627
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    621 W 19Th St Costa Mesa, CA 92627
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