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Listed by John Allen • Seven Gables Real Estate
$ 3,385,000
Est. payment | /mo
5,267 SqFt
$ 3,385,000
Est. payment | /mo
5,267 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 5,267 sqft
Price per Sqft $642
MLS Listing ID CROC25221298
HOA Y/N No
Year Built 1964
Lot Size 6,719 Sqft
Property Sub-Type Other
Source Datashare California Regional
Property Description
Offered at $3,385,000, this 6-unit multifamily property in Costa Mesa provides a strong turn-key opportunity in a supply-constrained market. Originally constructed in 1964 as a 4-plex, the building was expanded in the past year with the addition of two brand-new ADUs completed in 2025. The property now totals 5,267 SF and has been extensively renovated with over $750,000 in recent improvements, including modern unit interiors and durable finishes. The unit mix includes studio, one-, two-, and three-bedroom layouts, designed to capture a wide range of tenant demand. With current rents already strong and additional upside available, investors can benefit from both immediate income and long-term appreciation. Located near South Coast Plaza, The Camp, and major transportation corridors, the property combines stable tenant demand with proven rental performance, making for a strategic investment in a highly sought-after Orange County submarket.
Location
State CA
County Orange
Interior
Heating Other
Cooling Wall/Window Unit(s), Other
Flooring Vinyl
Fireplace No
Laundry Common Area, Other, Inside
Exterior
View Other
Building
Lot Description Other
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Vander Meulen Real Estate Group
Broker, REALTOR® | Lic# 00842213 | Lic# 02150745