184 E 21st St, Costa Mesa, CA 92627

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Kobe Zimmerman

kobezimmerman@bhhscal.com +1(858) 753-3353

$8,350,000

Est. payment - /mo

3 Beds

0.86 Acres Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25239787

Bedrooms 3

Lot Size 0.860 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

First time on market in 37 years! 184 E 21st Street is a rare opportunity to acquire a 10-unit multifamily property in Eastside Costa Mesa, one of Orange Countys most sought-after submarkets. This opportunity features (10) spacious 3-bed/2-bath units. Additionally, each unit comes with an attached 1-car garage and exterior parking spaces, enhancing tenant demand and providing additional income potential. Situated in Eastside Costa Mesa, residents enjoy quick access to Newport Beach, Hoag Hospital, a plethora of dining options, and Triangle Square, placing it at the heart of premier employment and lifestyle amenities. The areas strong renter demand and limited new supply continue to drive consistent long-term growth. There is an ability to further enhance yield with the implementation of a RUBS system to minimize the expense for water and trash. This combination of strong rent growth, long term appreciation, and a prime location makes 184 E 21st Street a standout investment in todays Orange County multifamily market.

Location

State CA

County Orange

Zoning Public Rec

Direction In between Newport Blvd and Orange Ave

Interior

Cooling Wall/Window

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Tax ID 42613122

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Listed by Sean Toohey Nara Advisors

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184 E 21st St Costa Mesa, CA 92627