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$ 6,300,000
Est. payment | /mo
0.44 Acres Lot
$ 6,300,000
Est. payment | /mo
0.44 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25040961
HOA Y/N No
Lot Size 0.440 Acres
Property Description
The 1540 Superior Avenue project offers a prime development and investment opportunity in one of Costa Mesa's 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 6–8 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 city's evolving real estate landscape.
Location
State CA
County Orange
Area 699 - Not Defined
Zoning MG
Interior
Fireplace No
Exterior
Community Features Curbs, Gutter(s), Sidewalks
View Y/N No
View None
Building
Lot Description Street Level
Water Public
New Construction No
Others
Senior Community No
Tax ID 42535106
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
Listed by Tyler Leeson • Marcus & Millichap RE Invest • tleeson@marcusmillichap.com