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Thursday, Mar 19, 2026
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Real Estate Deals

Sale

Rand and Lorraine Spongberg purchased a medical building from Rosemary Jean Voss Living Trust for $3.5 million, or $404 per square foot.

The 8,672-square-foot building is at 601 W. 19th St. in Costa Mesa.

The buyer will occupy over half of the property doing business as a veterinarian and plans to build out the space, according to CoStar Group Inc.

Justin Smith of Lee & Associates represented the buyer and Jim Hawkins, Phil Fridd, Thomas Gilmer of the same firm represented the seller.

Sale

412 N. Baker St., Santa Ana

Price: $10 million

Building: apartments

Units: 38

Price per unit: $263,158

Buyer: Barnett Family Trust 2005

Seller: Garcia Family Trust; Edmundo & Lilia Diaz Trust

Broker(s): Rick Applebaum of Morgan-Skenderian Investment Real Estate Group; Ed Diaz, Alec Robledo of Vanguard Property Group

Sale

2523-2537 W. Coast Highway,

Newport Beach

Price: $15.4 million

Building: retail

Square feet: 9,512

Price per square foot: $1,620

Buyer: Manouch Moshayedi

Seller: Charter Yachts of Newport Beach LLC

Broker(s): David Romero, John Martin of Lee & Associates

Sale

17662 Armstrong Ave., Irvine

Price: $6.2 million

Building: warehouse

Square feet: 28,512

Price per square foot: $217

Buyer: Huntington Hotel Group

Seller: Carabella Corp.

Broker(s): N/A

Sale

207 Main St., Huntington Beach

Price: $4.6 million

Building: retail

Square feet: 5,000

Price per square foot: $910

Buyer: Cynthia Walt

Seller: Jeffrey A. and Hilary K. Fischer

Broker(s): Scott Granger of Madison Street Partners; Paul Bitonti of Marcus & Millichap

Sale

469 Mermaid St., Laguna Beach

Price: $1.85 million

Building: office

Square feet: 1,822

Price per square foot: $1,015

Buyer: Payman Khosravi

Seller: Peter C. Kote

Broker(s): Azita Sadeghi of Teles Properties; Douglas Elliman Commercial; Ruben Martinez of Fiduciary Real Estate Services

Sale

3505 Cadillac Ave., Costa Mesa

Price: $2.5 million

Building: industrial

Square feet: 4,790

Price per square foot: $526

Buyer: John and Steven Pollock

Seller: Jerald and Margaret Russ

Broker(s): N/A

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