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.