735 W 18th, Costa Mesa, CA, CA 92627

$1,850,000

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List Price
$1,850,000
Status
ACTIVE
MLS#
PW26168154
County
Orange
Year Built
1960
Building Square Feet
2,512
Square Feet
6,098
Days on Market
9
Property Type
Multifamily
Stories
Two Levels
Neighborhood
Westside Costa Mesa Central (Wcmc)

Property Description

First time on the market in over 35 years! Don't miss this rare opportunity to own a well-maintained, income-producing 4-unit property in one of Costa Mesa's most sought-after rental markets. This desirable fourplex features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, all currently occupied on month-to-month leases, offering immediate rental income with exceptional future upside. The property also includes a 4-car alley-loaded garage, adding valuable parking and potential income opportunities. Ideally located near shopping, dining, beaches, parks, and major freeways, this is a prime investment for seasoned investors, owner-occupants, or buyers looking to build long-term wealth in a high-demand coastal community. Opportunities like this rarely come to market—schedule your private tour today!

Additional Information

Parcel Number
42405203
Gross Scheduled Income
$110,868
Operating Expense
18350
Net Operating Income
$92,868
Number of Buildings
1
Lot Features
Near Public Transit
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Community Features
Curbs, Sidewalks

Listing courtesy of Listing Agent: Luis Anaya (luis@storylinerealestate.com) from Listing Office: Keller Williams Legacy.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.