1 / 20

$350,000

1525 Mesa Verde Dr E #114

Costa Mesa, CA 92626

Active

Orange

County

BusinessOpportunity

Property Type

About this home

Welcome to MO PHO MI, Authentic Vietnamese Cuisine is Located within the high-traffic Mesa Verde Plaza near the bustling intersection of Harbor Blvd and Adams Ave, this established restaurant enjoys unparalleled visibility and a steady stream of local regulars and tourists. Spanning 1,350 SQFT with an efficient layout, the space features an attractive monthly rent of $4,139 (NNN included), with an additional 250 SQFT of dedicated storage available for just $500/month. This is a rare, high-volume location boasting impressive revenue between $750,000–$800,000, making it a powerhouse for any operator. The sale is truly turn-key, including a coveted Type 41 Beer & Wine License and all professional-grade equipment. The current concept is a beloved, health-conscious Vietnamese pho restaurant (No MSG) that has recently expanded its appeal with an outdoor dining patio and a refreshed drink menu featuring beer, wine, and cocktails. Whether you choose to continue the successful existing brand or bring a fresh new concept to this flexible space, the infrastructure is ready for immediate operation. With the current owner retiring and offering comprehensive training and transition support, this is the perfect hand-off for a first-time owner or a strategic addition to a growing restaurant group.

Listed by Richard Le · DRE #02044899 · Frontier Realty Inc

MLS #1152489243

ListedJan 31, 2026

Property Details

Architecture

StoriesN/A

StyleN/A

Total UnitsN/A

RoofN/A

Garage SpacesN/A

PoolN/A

SpaN/A

Features & Amenities

Interior FeaturesN/A

Exterior FeaturesN/A

FlooringN/A

CoolingN/A

HeatingN/A

FireplaceN/A

LaundryN/A

Parking FeaturesN/A

Parking TotalN/A

Patio & PorchN/A

Entry LevelN/A

Entry LocationN/A

Common WallsN/A

Property Features

Lot SizeN/A

Lot FeaturesN/A

ViewN/A

DirectionsNear Harbor Blvd and Mesa Verde Dr E in Mesa Verde Plaza

Community

AreaC1 - Mesa Verde

School DistrictN/A

Tax & Financial

TermsCash, Exchange1031

Land LeaseN/A

HOA NameN/A

HOA FeeN/A

Request a Tour

Mortgage Estimate

$1,863/mo

20% down · 7% APR · 30-yr fixed

Purchase PriceDown Payment: 20%Interest Rate: 7%

Estimate only. Does not include taxes, insurance, or HOA.

Last updated: October 21, 2026 at 3:45 PM

The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. All listing data, including but not limited to square footage and lot size, is believed to be accurate but is not guaranteed by the listing Agent, listing Broker, or CRMLS. Buyers are responsible for verifying the accuracy of all information and should independently investigate the data or retain appropriate professionals prior to making any decisions. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information herein may or may not have been the Listing and/or Selling Agent. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.