For sale
  • Listing Provided by: 

    Sean Toohey DRE #02172754 949-613-1674,

    Nara Advisors,

    Christian Espinoza DRE #02062988 949-307-9469,

    Nara Advisors

    $8,350,000

    184 E 21st St, Costa Mesa, CA 92627

    60beds
    40baths
    11,520sqft
    : 
    Multi Family
    Built in 1961
    -- sqft lot
    $-- Zestimate®
    $725/sqft
    $-- HOA

    What's special

    Exterior on-site parking spaces
    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 County’s 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 on-site 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 area’s strong renter demand and limited new supply continue to drive consistent long-term growth. The property is also in very close proximity to the 55, 73, and 405 FWY allowing convenient transit for tenants. 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 today’s Orange County multifamily market.
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