CA > Costa Mesa > Newport Heights
Costa Mesa, CA 92627,184 E 21st St
Costa Mesa, CA 92627,184 E 21st St
Costa Mesa, CA 92627,184 E 21st St
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$8,350,000
Est. payment /mo
0.86 Acres Lot
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UPDATED:

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 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.

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

Read Less Info
CRMLS – RECore
Listed by Sean Toohey Nara Advisors (949)613-167

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