Pleased to present 3020 Fillmore Way, a Pride-of-Ownership Triplex located in the City of Costa Mesa. The subject property is comprised of (1) 3-bedroom/2-bath, and (2) 2-bedroom/1.75-bath townhouse-style units. The property is across the street from Paularino Elementary and Paularino Park, and in close proximity to South Coast Plaza, Orange Coast College, OC Fair & Events Center, and John Wayne Airport. The building also offers quick access to the 405, 73, and 55 Freeways. Amenities include garage parking, patios, and washer/dryer hookups. Additionally, all interiors and the exterior have undergone extensive renovations.
We are proud to present this well maintained 15 unit building of 2-bedroom units. First time on the market in 48 years. This 15-unit building (14- 2 bedroom 1 bathroom and 1 2- bedroom 1.5 bathroom) property has been well cared for and is immaculate. Parking on this property is superb with each unit having 2 reserved parking spaces to come home to at night, making parking easy and stress free. Private patios are found with each unit too, along with storage closets for 14 of the 15 units. The grounds are clean and inviting making for a relaxing environment. Freeway accessibility to the 405, 55, and 73 freeway makes the commuters travels easy. Shopping to many known locations such as South Coast Plaza, The CAMP, The Lab, 17th Street and Harbor Blvd are minutes away.
Welcome to 2280 Pamela Lane, an exceptional coastal Orange County tri-plex. This property is conveniently located in the heart of the Newport-Mesa area with easy access to the world-class beaches of Newport and Huntington Beach, both just minutes away. This multi-family is also in close proximity to local schools, shopping, retail, top tier dining and entertainment options, as well as amazing parks with miles of bike and hiking trails. Located on a large 7,022 sq ft. corner lot with swaying palms and mature landscaping, this property gives off the vibe of a Hawaiian vacation home. It features an excellent unit mix of 3 spacious units. The front unit has #A) 3 bedrooms and 2 baths, with a large private patio and living room fireplace. Unit #B) 1 bedroom and 1 bath with an enclosed patio. Unit #C) 2 bedrooms and 2 baths with enclosed patio, and beamed vaulted ceilings. Each unit has a separate one car garage for storage or parking. There is also off-street parking for an additional 3-4 cars. The current long-term tenants are all on month-to-month leases renting at below market rates. The value-add opportunity is in renovating the units and bringing rents up to market rates. Strategic improvements would add significant value to this income property in this rapidly appreciating Costa Mesa submarket.
Introducing an exceptional investment opportunity at 615-617 Victoria Street, brought to you by Le Investment Group and Gould Group. Spanning three parcels, totaling 1.32 acres, the property presents an array of prospects. Currently there are 12 single-story residences, each with 2 bedrooms and 1 bathroom, a single-car garage, washer/dryer hookups, and private patio. Nestled within the property is a sprawling tree lined, grassy courtyard. With strategic renovations, savvy investors stand to unlock substantial rental upside, potentially exceeding 40% on the existing units alone. Furthermore, ADU regulations established by the city of Costa Mesa present the opportunity to add more units, amplifying rental income and elevating the property's overall value. For developers seeking a larger project in the Costa Mesa market, this property is an unparalleled find. Positioned in the Mesa West Residential Urban Plan, these parcels offer a rare chance for redevelopment, allowing for the creation of new apartments or saleable units with increased density compared to other opportunities in the area. Plus, it is located in an Opportunity Zone. Don't miss out on this investment opportunity, combining current rental income potential with significant future growth prospects.
Property was originally a dental office in the front and the dentist built a home in the back. Property has 6 parking spaces. Property currently is a 3 unit multi-family on the Eastside of Costa Mesa. The front house has 4 one bedrooms that are being rented out individually with two of those units having their own private entrance with washer and dryer outside. Backhouse is a one bedroom with a large living room/working space with a washer and dryer. Attached to this unit is a upgraded studio with a very large bathroom and kitchenette. This has been a 5 star AirBNB historically. Currently it is being rented as a studio apartment. Property is zoned commercial/residential. Property can be used for a dentist, senior care, wellness, beauty facility, montesori school, options are unlimited. Property is ideal for adding on units for commercial or multi-family. Ideal for Development. Property is one block from Newport Blvd, and walking distance to Mothers, Eat Chow, Triangle Square and Athletic Clubs, Chalk and 24 Hour Fitness.. Access to Beach and Newport Aquatic Center is close.
Courtesy: HomeSmart Professionals
Opportunity knocks in Costa Mesa, this investment property has 8 units all rented month to month with long term tenants. The location is quiet and private with plenty of parking. Managers quarters is a 2-bedroom 2 bath large walk-in closet and small office with its own private yard. Property has a very large courtyard and onsite laundry.
Exclusive Coastal Investment Opportunity – First Time on the Market Since 1996! Unlock the potential of coastal living with this exciting opportunity by the beach! Coastal apartments have consistently demonstrated exceptional appreciation, robust rental growth, and attract high-quality tenants, making them a cornerstone of any successful real estate portfolio. Just a short stroll from Newport Beach, 741 W 18th Street is nestled less than half a mile from Newport Blvd, offering the best of both worlds with easy beach access and close proximity to vibrant city amenities. The property features an attractive mix of one- and two-bedroom units. Units A and B offer the luxury of private yard access, perfect for outdoor enthusiasts, while Units C and D come with private deck entries, providing a serene space for relaxation. The property benefits from tuck-under parking at the rear of the building and a spacious shared driveway ensuring ample parking spaces for both residents and guests. All tenants are on month-to-month leases, affording the buyer maximum flexibility when operating the property. Investing in fixtures and aesthetics will provide significant upside potential in rental income, making this property an excellent value-add opportunity. Take advantage of residential financing options to secure this property, making it accessible for first-time investors or those looking to expand their portfolios. This is a rare chance to acquire a sought-after property that has not been available since 1996. Don’t miss out on this exceptional investment opportunity in a prime coastal location!
Less than two miles to the ocean, 4 plex directly facing a city park. All long term tenants in 100% 2 bed layouts. Street was closed off to through traffic and is in an opportunity zone. Bread and butter units always full. Walking distance to everything.
383 West Wilson Street is a 12-unit multifamily investment property located in Costa Mesa, California. The property offers a mix of 10, one-bedroom units and 2, two-bedroom units. All units have undergone substantial renovations that include fresh paint, vinyl and carpet flooring, quartz countertops, appliances, bathrooms, and more. Amenities at 383 West Wilson Street include ample garage and surface parking, and an on-site laundry facility. Residents benefit from 383 West Wilson Street’s excellent Costa Mesa location, within walking distance of a plethora of major retail centers. Located just steps away from the property are Gray Plaza, anchored by At Home, and Harbor Center, anchored by Home Depot and the newly opened Mercado Gonzalez Northgate Market. Additionally, the property is situated less than one-mile from Orange Coast College (OCC) and the O.C. Fairgrounds, two major housing and economic drivers for the area. Furthermore, the property’s location, between Harbor Boulevard and State Route 55, provides residents with easy access to Costa Mesa hotspots including Triangle Square, 17th Street, and South Coast Plaza. The property benefits from its close proximity to State Routes 55 and 73, convenient access to major employment hubs including the South Coast Metro, Irvine Business District, and Newport Center. The Costa Mesa submarket is among the strongest performing areas in metro Orange County, with an average occupancy of 96.5 percent (Q4 2023) and average year-over-year effective rent growth of 8.9 percent (between 2021 to 2023), demonstrating the strong demand for rental housing. Costa Mesa’s coastal location, strong economic growth, and unmatched local attractions have made it one of Southern California’s most desirable and versatile markets. Given its Coastal Orange County location, the property offers an investor the ability to capture quality tenants seeking a convenient location with access to a wide variety of area amenities. This overall demand for well-located apartments will be a key driver in the continued growth at 383 West Wilson Street.
Close to schools, parks, golf and the sands of Newport Beach, this updated four-unit apartment collection presents an excellent multi-family investment opportunity in the heart of Costa Mesa. Offering two single- level duplexes on one lot, the property features classic Mid-Century design elements including breezeblock walls and bright interiors. Each unit is home to two bedrooms, one bath, a fully appointed kitchen and private patio. Mature landscaping creates a tropical vibe, and upgraded windows and sliders improve energy efficiency. Huntington Beach is within easy reach, and major freeways, shopping centers, bike baths and hiking trails are minutes from the income-producing property.
Welcome to 222 Costa Mesa St, a stunning duplex offering the epitome of coastal living in the desirable Eastside Costa Mesa neighborhood bordering Newport Beach. Boasting two separate entrances and addresses, this exceptional property presents a rare opportunity for both homeownership and investment. Unit 220 is a charming 1 bed 1 bath retreat. This cozy unit features its own private backyard, offering a serene outdoor oasis for relaxation and entertaining. 222 Costa Mesa St is a luxurious 4 bed 4 bath residence exuding elegance and sophistication. This expansive unit enjoys its own yard space, two separate 2-car garages, and ample room to roam. Entertain with ease in the gourmet kitchen, equipped with top-of-the-line appliances including a Sub-Zero fridge and a 6-burner freestanding range. The travertine kitchen countertops add a touch of refinement, while the fireplace in both the living room and the primary suite provides warmth and ambiance. Natural light floods the spacious bedrooms, creating inviting sanctuaries for rest and relaxation. With its dual-unit configuration, this property presents an ideal opportunity for homeowners looking to live in one unit while renting out the other. Whether you're seeking additional income or multigenerational living arrangements, this versatile property offers endless possibilities. Conveniently located just minutes from the pristine beaches of Newport, residents can indulge in coastal bliss with ease. Explore outdoor activities in the nearby Back Bay, or enjoy world-class shopping at South Coast Plaza and Fashion Island. Easy access to the 55 and 73 freeways, as well as PCH (Pacific Coast Highway), ensures seamless connectivity to neighboring cities and attractions. Savor culinary delights at the area's top restaurants, adding to the vibrant lifestyle afforded by this prime location.
280 E. 16th St. (4plex) to be sold together with 282 E. 16th St. (duplex). MAY BE SOLD SEPARATELY IF BOTH BUYERS AGREE TO CREATE DRIVEWAY EASEMENT AND CLOSE CONCURRENTLY (Cost of easement to be born equally by buyers and seller). Both properties well maintained with great rental history. Two 2 bed 1 bath units. One lease ends in September 2025. Two 1 bed 1 bath units, one currently available, one lease end September 2024. 3 single car garages in a separate stand alone structure, plus 3 uncovered parking spaces. Laundry on site. Property shows excellent pride of ownership. Great opportunity for upside in rents or develop both properties. All units are in good condition with some recent upgrades. Eastside is one of the most sought after locations in Costa Mesa and Newport Beach. Close to beach, shopping, parks, schools, and freeway access. Come live the good life; live in one, rent the rest.
6 UNIT COMPLEX NEWLY REMODELED WITH RARE MARKET VALUE RENTS SO THAT YOU AREN'T BELOW MARKET OUT OF THE GATE. This 6 unit offers investors the best return for a low and easy management opportunity WITH POTENTIAL FOR ADU AND ADDITIONAL INCOME. 2658 Santa Ana is a lucrative investment opportunity in the heart of Popular Eastside Costa Mesa – a commercial multifamily property that epitomizes turnkey perfection. Ideal for the discerning investor seeking immediate profitability without the hassle of renovations, this property is poised to deliver both financial success and peace of mind. Strategically located near the 55 Freeway, 17th Street, South Coast Plaza, The Back Bay, and Newport Beach, this multifamily gem is surrounded by desirable amenities and prime destinations. The property comprises six detached bungalows, each with a garage and 1-2 parking spaces, ensuring convenience for both residents and guests. Recently remodeled in late 2022, this property shines with a cohesive aesthetic, presenting near-identical units that showcase meticulous attention to detail. Every aspect of these bungalows has been thoughtfully upgraded, from the new kitchens and baths to the flooring, doors, paint, gutters, and roofing, creating a harmonious living experience. Embrace modern comfort with air-conditioned interiors, featuring three mini-split systems in each bungalow for personalized climate control. Step outside to discover oversized, meticulously landscaped yards, providing residents with a private oasis and an inviting atmosphere for outdoor activities. Unlock additional value with the potential for an Accessory Dwelling Unit (ADU), offering flexibility in usage and increased investment potential. Currently boasting a remarkable 100% occupancy rate at market rents, this property is fully leased up, providing a secure and immediate return on investment. In summary, this commercial multifamily property is more than just an investment; it's a turnkey opportunity for the savvy investor looking to capitalize on a prime location, modern amenities, and a seamless, income-generating property. Secure your stake in the thriving Eastside Costa Mesa community today!
Legitimate turnkey multifamily investment property offering a range of one-, two-, and three-bedroom loft-style floor plans. Substantial investment was made in 2023 and 2024, with over $1.6M in interior and exterior capital improvements. 100% of the interiors are fully renovated, including all new appliances, cabinets/counters, new electrical panels, flooring, painting and drywall, and all new windows and doors. Common area improvements include the roofs, painting, termite & pest mitigation, and tenting of the entire structure, exterior wood, decking, all new stairs and railings, all new asphalt, hardscape/softscape, mailboxes, plumbing, house electrical panels, and garage doors. ABOVE ALL, the debt component sets this project apart from nearly all other investments within the marketplace. Available to assume is a private note with a 50% LTV and interest-only payments until 2032 starting at 3.5%, with a cap at 5.0%, resulting in a blended interest rate of 4.61% over the term. This equates to an initial cash-on-cash return of over 4% with a down payment of $6,000,000—no appraisal required, no points for the loan assumption, COE in 30 days or less.
282 E. 16th St. (duplex) to be sold together with 280 E. 16th St. (4plex). MAY BE SOLD SEPARATELY IF BOTH BUYERS AGREE TO CREATE DRIVEWAY EASEMENT AND CLOSE CONCURRENTLY (Cost of easement to be born equally by buyers and seller) Both properties well maintained, great rental history. Both units in duplex are month to month. Currently rented less than 1/2 market rents. Both units are 2 bedrooms, 1 bath, each with it's own single car garage. One garage per unit. Property shows excellent pride of ownership. Great opportunity for upside in rents or develop both properties. All units are in good condition with some recent upgrades. Eastside is one of the most sought after locations in Costa Mesa and Newport Beach. Close to beach, shopping, parks, schools, and freeway access. Come live the good life; live in one, rent the rest.
Rare opportunity to acquire a one of two separately parceled duplexes on large lots in Westside Costa Mesa. The property is fully-occupied with long-term, month-to-month tenant at below market rents. Both units are two bedroom / one bathroom. It is well located: walking distance to shopping and dining along Harbor Boulevard, many businesses along Placentia Avenue, as well as Wilson, Pomona, and Rea Elementary Schools and Estancia High School. Nearby points of interest include Costa Mesa Golf Course, Orange Coast College, the OC Fair & Events Center, the Triangle shopping center, Newport Beach/ Balboa Peninsula, and Hoag Hospital.
Rare opportunity to acquire a one of two separately parceled duplexes on large lots in Westside Costa Mesa. The property is fully-occupied with long-term, month-to-month tenant at below market rents. Both units are two bedroom / one bathroom, and an additional bonus room. It is well located: walking distance to shopping and dining along Harbor Boulevard, many businesses along Placentia Avenue, as well as Wilson, Pomona, and Rea Elementary Schools and Estancia High School. Nearby points of interest include Costa Mesa Golf Course, Orange Coast College, the OC Fair & Events Center, the Triangle shopping center, Newport Beach/ Balboa Peninsula, and Hoag Hospital.
Courtesy: Morgan Skenderian
Opportunity for investor, user, or developer. Great triplex in Eastside Costa Mesa. The front house (Unit A) with 2 bedrooms, 1 bathroom, a living room, fireplace, kitchen, dining area, and laundry area has a big front yard and an enclosed patio in the rear. Behind the house is a 2 story building with 2 units. The upstairs unit is on one level (Unit B) with 1 bedroom, 1 bathroom, a living room with fireplace, kitchen, dining area, and a laundry area in the private enclosed garage. The back unit is on two levels (Unit C) with 2 bedrooms, 1.5 bathrooms, a living room with fireplace, kitchen, dining area, laundry area, and a lovely enclosed garden. There are 4 individual enclosed garages and an additional open parking space. The secondary school is Newport Harbor High School. Nearby is the Del Mar Community Garden. A few blocks away is the amazing Upper Newport Bay Nature Preserve. John Wayne Airport is also nearby. Convenient access to the 55 freeway.
Costa Mesa is located in California. Costa Mesa, California has a population of 112,930. Costa Mesa is less family-centric than the surrounding county with 34.24% of the households containing married families with children. The county average for households married with children is 36.16%.
The median household income in Costa Mesa, California is $75,109. The median household income for the surrounding county is $81,851 compared to the national median of $57,652. The median age of people living in Costa Mesa is 34.5 years.
The average high temperature in July is 74.4 degrees, with an average low temperature in January of 48.4 degrees. The average rainfall is approximately 13.5 inches per year, with 0 inches of snow per year.
