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Listed price in listed location currency (USD).
$3,490,000

008

MLS® OC26116869

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage Yes
HOA Fees 
Taxes 
Days Active 0
Approx. Age 1961
MLS® Number OC26116869

Property Address: 131 E 21st St, Costa Mesa, CA, 92627-7190

Average square foot calculated using Size range provided by listing agent.

Description

Rare opportunity to acquire a pride-of-ownership 5-unit investment property in the highly sought-after Eastside Costa Mesa rental market, offered for sale for the first time in approximately 27 years. Situated on an expansive approximately 15, 746 square foot lot, the property features an attractive cottage-style layout with exceptional tenant appeal in one of Orange County’s most desirable coastal submarkets. The front of the property consists of a charming freestanding 2-bedroom, 1-bath house featuring a large enclosed front yard with a white picket fence, along with a private enclosed rear yard. The rear of the property is comprised of two additional residential buildings featuring two 1-bedroom units and two 2-bedroom units. Each residence offers its own private enclosed yard, patio, or outdoor space, creating a highly desirable residential feel for tenants. Additional amenities include six enclosed garages, 5 with automatic openers, one of which is currently rented separately for additional income of $250 per month. In-unit washer and dryer hookups. Off-street parking for approximately eight vehicles is a huge tenant appeal. The property is separately metered for gas and electricity with no house gas or electric meters, helping minimize owner utility expenses. Each unit also has its own individual water heater, with residents paying for their own gas usage. The operating expenses listed only consist of water, trash, current property taxes, current insurance, gardening, and property management. The property benefits from a stable long-term tenant base and a desirable Eastside Costa Mesa location offering convenient access to Newport Boulevard, the 55 Freeway, beaches, shopping, dining, and major employment centers.
MLS® NumberOC26116869
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1961
Stories1
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 3, 2026List Date
$3,490,000List Price
  • Commute

Commute

Starting Address
Destination Address
131 E 21St St, Costa Mesa, CA

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