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1711-1719 Pomona Ave
Costa Mesa, CA 92627
Land For Sale · 0.46 AC

INVESTMENT 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.
  • Total project costs of $11,471,350, including $3,827,200 for direct construction and allowances for contingency, property taxes, and sales fees.
  • All units include modern layouts with office spaces, private decks, and garage configurations (double or tandem).
  • 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
  • Attractive Profitability: Projected net profit of $3,448,650 over two years, yielding a profit margin of 30.1%.

PROPERTY FACTS

Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units - Condo
Total Lot Size 0.46 AC
Zoning R3 - Live-Work

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 424-081-21
  • 424-081-22
Land Assessment
$3,028,635
Improvements Assessment
$568,909
Total Assessment
$3,597,544
  • Listing ID: 34552889

  • Date on Market: 1/21/2025

  • Last Updated:

  • Address: 1711-1719 Pomona Ave, Costa Mesa, CA 92627

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