184 E 21st St new Save Request In-Person Tour Request Virtual Tour
Costa Mesa,CA 92627
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Newport Heights
MLS Listing ID PW25239787
HOA Y/N No
Year Built 1961
Lot Size 0.860 Acres
Property Sub-Type Apartment
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 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.
Location
State CA
County Orange
Area C5 - East Costa Mesa
Interior
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Washer Hookup,Gas Dryer Hookup
Exterior
Garage Spaces 10.0
Garage Description 10.0
Pool None
Community Features Street Lights,Sidewalks
Total Parking Spaces 17
Private Pool No
Building
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 42613122
Acceptable Financing Cash,Cash to New Loan,Conventional,1031 Exchange,Owner May Carry
Listing Terms Cash,Cash to New Loan,Conventional,1031 Exchange,Owner May Carry
Special Listing Condition Standard