Costa Mesa Home Search - Homes for Sale in Costa Mesa, California
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Costa Mesa 283 Avocado Street
Legitimate turnkey multifamily investment property offering a range of one-, two-, and three-bedroom loft-style floor plans. Substantial investment was made in 2023 and 2024, with over $1.7M in interior and exterior capital improvements. 100% of the interiors are fully renovated, including all new appliances, cabinets/counters, new electrical panels, flooring, painting and drywall, and all new windows and doors. Common area improvements include the roofs, painting, termite & pest mitigation, and tenting of the entire structure, exterior wood, decking, all new stairs and railings, all new asphalt, hardscape/softscape, mailboxes, plumbing, house electrical panels, and garage doors. ABOVE ALL, the debt component sets this project apart from nearly all other investments within the marketplace. Available to assume is a private note with a 50% LTV and interest-only payments for nine years, starting at 3.5%, with a cap at 5.0%, resulting in a blended interest rate of 4.61% over the term. This equates to an initial cash-on-cash return of over 4% with a down payment of $6,000,000—no appraisal required, no points for the loan assumption, COE in 30 days or less.$12,000,000
Costa Mesa 116 16th Street
Three highly desirable industrial buildings in a rare "Opportunity Zone" in the heart of Newport Beach and Costa Mesa are now available! The properties consist of 110, 116 and 118 E 16th Street. 110 E 16th Street currently serves as the headquarters for a top tier vintage Ferrari dealer (which can be made available for an owner-user) and the 116 and 118 E 16th Street buildings are occupied by automotive repair shop tenants. The buildings feature a quality blend of functional office space, spacious warehouses and 14+ foot ceiling heights. The 116 building also contains two professional grade paint booths. As part of Costa Mesa’s 19 West Urban Plan, this site is suitable for mixed use development. The city’s specific plan allows for up to 4-stories with a density of 1.0-1.25 FAR, which could allow for development of 30,000 - 40,000 buildable square feet. According to one city site analysis, it appears that 18-36 units could potentially be developed. This prime location sits near Newport Blvd, Superior Ave, 17th Street, the 55 Freeway and Pacific Coast Hwy with easy access to everything. In addition, there is potential for significant tax advantages by investing in a designated "Opportunity Zone" (see https://economicdevelopment.business.ca.gov/place-based-strategies/opportunity-zones/ for further information). All of this combined with the fact that this area is growing in popularity with trendy restaurants, retail stores, residential neighborhoods and its close proximity to the best beaches, entertainment and hospitals in Orange County make this an amazing property for investment or owner-user. This property is perfect for auto collectors, restaurant concepts, redevelopment, investors or owner-users.$9,999,000
Costa Mesa 361 22nd Street
Do you ever dream of owning the "fun" home, the one that your kids want to have all their friends at, the house that is perfect to have the entire sports team over for a party, where the parents can hang out in a great space and have a cocktail, while the kids are out "horsing around," yet are in perfect eyesight & earshot of the adults, the house that is the best for hosting the whole family, young and old, for the perfect Thanksgiving celebration, or the home that suits having a group of great friends over for a fun family day of swimming, drinks and a barbecue; a house that is ideally suited for a party of two-hundred people or a quiet night for a couple? This gated, private, Contemporary-style 4300 ft.² and 1000 ft. guest/entertainment house, on an over 18,000 square-foot flat lot with grass & privacy hedges, complete with a swimming pool/spa, is just that place. Thoughtfully curated and extraordinarily executed by Mitchell Group Design, the home has perfectly proportioned spaces, abundant natural light, an open-floorplan, modern amenities, &"ultra-cool" stylish "industrial" finishes, including cross-cut Douglas fir floors, Fleetwood brushed aluminum doors and windows, Caesarstone countertops, Lonseal Commercial flooring, Ann Sacks and Heath ceramic tiles, and sleek Contemporary cabinetry with slab doors and drawers. The primary level features a fashionable great room with high ceilings, a brushed steel fireplace, a huge island kitchen with top-of-the-line stainless appliances, including a Wolf 48-inch double oven range, a 48-inch Subzero built-in refrigerator, a second 36-inch refrigerator freezer, wine chiller, and two Bosch dishwashers; a view dining area, a downstairs bedroom suite, office, 2 powder baths & 3-car attached garage with extra space for all of your toys. The upstairs of the home has three large guest or family bedrooms with modern en-suite baths and walk-in closets. The striking primary suite features a fireplace, an extensive view balcony, a handsome bath with dual vanities, and a shower with double heads. The guest house "adult rec room" is the ultimate entertaining space with a massive sit-down bar with seating for all your friends, a billiards area, a media area, a bath, two covered patios, and a gym. The abundant backyard has grass, a swimming pool, jacuzzi, a pool bath, lush garden with citrus trees, avocados, and a Ficus Nidia hedge surrounding the backyard for privacy. There is even room for a pickleball court if you so desire.$6,495,000
Costa Mesa 452 Victoria Street
Welcome to Tahiti Inn, where the charm of the South Pacific meets the vibrant energy of Southern California. Located in the heart of Costa Mesa, our inn offers a tropical oasis for travelers seeking relaxation and adventure. 19 Rooms and 1 Managers Housing Motel for Sale in Central Costa Mesa. Most of the Rooms and Bathrooms have been renovated recently. Nestled amidst the palm trees and just minutes away from renowned attractions such as the world-famous beaches of Newport and Huntington, as well as the excitement of Disneyland and the shopping mecca of South Coast Plaza and Costa Mesa Fair Ground, Tahiti Inn provides the perfect home base for your coastal getaway. Our spacious and thoughtfully appointed rooms are designed to provide comfort and convenience, with amenities such as plush bedding, complimentary Wi-Fi, and flat-screen TVs.The property sits on a large lot with lots of available parking. The manager's unit is 1 bedroom with 1 full bath. The property has an in-house laundry with maid service. Close to the 405 and 55 Freeway$5,300,000
Costa Mesa 2658 Santa Ana Avenue
6 UNIT COMPLEX COMPLETELY REMODELED WITH RARE MARKET VALUE RENTS SO THAT YOU AREN'T BELOW MARKET OUT OF THE GATE. This complex offers investors the best return for a low and easy management opportunity WITH POTENTIAL FOR ADU AND ADDITIONAL INCOME. 2658 Santa Ana is a lucrative investment opportunity in the heart of Popular Eastside Costa Mesa – a commercial multifamily property that epitomizes turnkey perfection. Ideal for the discerning investor seeking immediate profitability without the hassle of renovations, this property is poised to deliver both financial success and peace of mind. Strategically located near the 55 Freeway, 17th Street, South Coast Plaza, The Back Bay, and Newport Beach, this multifamily gem is surrounded by desirable amenities and prime destinations. The property comprises six detached bungalows, each with a garage and 1-2 parking spaces, ensuring convenience for both residents and guests. Recently remodeled in late 2022, this property shines with a cohesive aesthetic, presenting near-identical units that showcase meticulous attention to detail. Every aspect of these bungalows has been thoughtfully upgraded, from the new kitchens and baths to the flooring, doors, paint, gutters, and roofing, creating a harmonious living experience. Embrace modern comfort with air-conditioned interiors, featuring three mini-split systems in each bungalow for personalized climate control. Step outside to discover oversized, meticulously landscaped yards, providing residents with a private oasis and an inviting atmosphere for outdoor activities. Unlock additional value with the potential for an Accessory Dwelling Unit (ADU), offering flexibility in usage and increased investment potential. Currently boasting a remarkable 100% occupancy rate at market rents, this property is fully leased up, providing a secure and immediate return on investment. In summary, this commercial multifamily property is more than just an investment; it's a turnkey opportunity for the savvy investor looking to capitalize on a prime location, modern amenities, and a seamless, income-generating property. Secure your stake in the thriving Eastside Costa Mesa community today!$5,178,000
Costa Mesa 2658 Santa Ana Avenue
6 UNIT COMPLEX NEWLY REMODELED WITH RARE MARKET VALUE RENTS SO THAT YOU AREN'T BELOW MARKET OUT OF THE GATE. This 6 unit offers investors the best return for a low and easy management opportunity WITH POTENTIAL FOR ADU AND ADDITIONAL INCOME. 2658 Santa Ana is a lucrative investment opportunity in the heart of Popular Eastside Costa Mesa – a commercial multifamily property that epitomizes turnkey perfection. Ideal for the discerning investor seeking immediate profitability without the hassle of renovations, this property is poised to deliver both financial success and peace of mind. Strategically located near the 55 Freeway, 17th Street, South Coast Plaza, The Back Bay, and Newport Beach, this multifamily gem is surrounded by desirable amenities and prime destinations. The property comprises six detached bungalows, each with a garage and 1-2 parking spaces, ensuring convenience for both residents and guests. Recently remodeled in late 2022, this property shines with a cohesive aesthetic, presenting near-identical units that showcase meticulous attention to detail. Every aspect of these bungalows has been thoughtfully upgraded, from the new kitchens and baths to the flooring, doors, paint, gutters, and roofing, creating a harmonious living experience. Embrace modern comfort with air-conditioned interiors, featuring three mini-split systems in each bungalow for personalized climate control. Step outside to discover oversized, meticulously landscaped yards, providing residents with a private oasis and an inviting atmosphere for outdoor activities. Unlock additional value with the potential for an Accessory Dwelling Unit (ADU), offering flexibility in usage and increased investment potential. Currently boasting a remarkable 100% occupancy rate at market rents, this property is fully leased up, providing a secure and immediate return on investment. In summary, this commercial multifamily property is more than just an investment; it's a turnkey opportunity for the savvy investor looking to capitalize on a prime location, modern amenities, and a seamless, income-generating property. Secure your stake in the thriving Eastside Costa Mesa community today!$5,178,000
Costa Mesa 3080 Airway Avenue # 100
Welcome to a Luxury Car Condo, nestled within the prestigious Finish Line Auto Club at 3080 Airway Ave, Costa Mesa, CA 92626. Unveiled in 2021, this exclusive enclave is designed specifically for the discerning collector seeking unparalleled storage for their automotive treasures. Your gateway to automotive luxury begins at The Finish Line Auto Club, where ownership means more than mere storage—it's an opportunity to customize a space tailored to your specific needs. Spanning a total of 4,836 square feet, including a generous mezzanine, this space redefines the concept of automobile storage. A 12 x 12 glass garage door beckons you into a world where your collection takes center stage. With ceilings soaring up to 24 feet, the atmosphere is both grand and spacious, allowing for highly customizable configurations. To ensure the utmost safety, an air vac system is in place to control carbon monoxide levels, guaranteeing a secure environment for your cherished vehicles. This Luxury Car Condo boasts the capacity to house up to 15 cars, and with the potential addition of lifts, that number can soar to an impressive 20 cars. But it's not just about storage; it's about lifestyle. Additionally this is the only unit in the complex with a private patio, you have the exclusive privilege of enjoying outdoor spaces that complement your refined taste. Immerse yourself in the epitome of luxury and security, where every detail is meticulously crafted to cater to the needs of the true motor enthusiast. Make This Luxury Car Condo your haven within the Finish Line Auto Club—where ownership is an experience and your automotive passion finds its perfect home. Association dues are $2,900.00 per month. https://www.instagram.com/finishlineautoclub/?hl=en$5,077,800
Costa Mesa 3064 Java Road
Calling this a rare opportunity would be a huge understatement. Many in Mesa Verde have walked by this iconic estate wishing they could see more, and that time has finally arrived! It has been 40 years since this home has been available for a lucky new owner. Situated on a massive lot overlooking the famous 18th green at Mesa Verde Country Club, the views this property offer are unparalleled. It is located on one of the best streets in Mesa Verde and is at the very end of the street with only one other house adjacent for ultimate privacy. The front aesthetic of this home and its entry are nothing short of stunning with its amazing mid century style architecture. Enter through the private security gate into an oversized driveway leading to a 3 car garage and additional carport. Passing through the private enclosed front yard, you will immediately notice the sneak peek at the stunning backdrop views this home has to offer. Crossing the threshold into the home you are greeted by a grand entryway with bright natural light. Offering 5 bedrooms, 4 baths, and almost 5,200 sq ft of living space, this home is as unique as it gets for the area. The main level offers a kitchen, formal dining room, living room, family room,, 3 bedrooms, two bathrooms, and an incredible office with custom wood paneling. In almost every room upstairs you are immersed in beautiful views overlooking the golf course, its lakes, and palm trees. You can see the Disneyland fireworks every night, that is how far these views reach. Also upstairs is a spacious upper deck to take all the scenery in. Downstairs is another living room area, along with the master suite and bathroom and another massive bedroom currently being used as a fitness room. Rounding out the bottom level is an oversized storage room and another deck leading out to the backyard. The multi-tiered back yard is quite possibly one of the best entertaining spaces around with the open golf course all around it. Whether you walk out the front of the home into the private gate to the club or walk up the cart path to the famed Mesa Verde Club House, the immediate access to the Club and its amenities is unparalleled. There is so much someone could do to make this home their own and it will be an amazing show piece for whomever is lucky enough to call themselves the new owner. Opportunities like this are fleeting, reach out and grasp the chance to live the ultimate Country Club lifestyle.$4,998,000
Costa Mesa 383 Wilson Street
383 West Wilson Street is a 12-unit multifamily investment property located in Costa Mesa, California. The property offers a mix of 10, one-bedroom units and 2, two-bedroom units. All units have undergone substantial renovations that include fresh paint, vinyl and carpet flooring, quartz countertops, appliances, bathrooms, and more. Amenities at 383 West Wilson Street include ample garage and surface parking, and an on-site laundry facility. Residents benefit from 383 West Wilson Street’s excellent Costa Mesa location, within walking distance of a plethora of major retail centers. Located just steps away from the property are Gray Plaza, anchored by At Home, and Harbor Center, anchored by Home Depot and the newly opened Mercado Gonzalez Northgate Market. Additionally, the property is situated less than one-mile from Orange Coast College (OCC) and the O.C. Fairgrounds, two major housing and economic drivers for the area. Furthermore, the property’s location, between Harbor Boulevard and State Route 55, provides residents with easy access to Costa Mesa hotspots including Triangle Square, 17th Street, and South Coast Plaza. The property benefits from its close proximity to State Routes 55 and 73, convenient access to major employment hubs including the South Coast Metro, Irvine Business District, and Newport Center. The Costa Mesa submarket is among the strongest performing areas in metro Orange County, with an average occupancy of 96.5 percent (Q4 2023) and average year-over-year effective rent growth of 8.9 percent (between 2021 to 2023), demonstrating the strong demand for rental housing. Costa Mesa’s coastal location, strong economic growth, and unmatched local attractions have made it one of Southern California’s most desirable and versatile markets. Given its Coastal Orange County location, the property offers an investor the ability to capture quality tenants seeking a convenient location with access to a wide variety of area amenities. This overall demand for well-located apartments will be a key driver in the continued growth at 383 West Wilson Street.$4,620,000
Costa Mesa 1012 & 1018 Mission Drive
Welcome to 1012 & 1018 Mission Drive in the Mesa Del Mar enclave of Costa Mesa. These adjacent four-unit apartment buildings showcase an array of 2-bedroom/1.5-bathroom townhouse-style units, each accompanied by its own private yard. With an average unit size of approximately 1,175 square feet, these residences epitomize comfortable living. The property boasts a substantial community courtyard nestled between the two buildings. Notably, the seller has recently renovated four of the eight units since 2021, creating an attractive prospect for savvy investors to enhance the remaining four units and leverage competitive market rents. Tenants are offered garages and off-street parking, along with dedicated laundry rooms within each building. The strategic location of the property ensures easy accessibility to the best of Costa Mesa, including renowned destinations such as South Coast Plaza, The Camp, The LAB, and the Harbor Blvd shopping corridor. Additionally, tenants enjoy seamless connectivity with quick access to major freeways, including the 405, 55, and 73 Freeways. This property not only promises a secure investment but also positions itself as an inviting residential haven at the heart of Costa Mesa's vibrant offerings.$4,450,000
Costa Mesa 1762 Kenwood Place
Kenwood Place Apartments is an 8-unit multifamily investment property located in Costa Mesa, California. Built in 1961, the single-story property offers a mix of 6, one-bedroom units and 2, two-bedroom units. Amenities at Kenwood Place Apartments include ample carport and surface parking, in-unit laundry hookups, private patios, and an on-site laundry facility. Current ownership has invested significant capital into interior and exterior improvements with desirable upgrades including fresh paint, vinyl flooring, quartz countertops, stainless steel appliances, shaker-style cabinetry, and more. The property benefits from its unparalleled Costa Mesa location, in close proximity of parks as well as schools belonging to the highly rated Newport-Mesa Unified School District. Residents at Kenwood Place Apartments enjoy convenient access to an abundance of everyday needs as well as dining and entertainment options at Triangle Square and Costa Mesa Courtyards. Additionally, the property is just 0.30 miles 17th Street a 1.25-mile retail corridor that features a plethora of grocers, retailers restaurants, and bars. Furthermore, Kenwood Place Apartments is just over 1.30 miles from the Balboa Peninsula, home to some of Newport’s most famous retail, dining, and recreation hotspots. The property benefits from it’s close proximity to State Route 55 & Pacific Coast Highway, connecting residents to employment hubs throughout Southern California. The Costa Mesa submarket is among the strongest performing areas in metro Orange County, with an average occupancy of 96.5 percent (Q4 2023) and average year-over-year effective rent growth of 8.9 percent (between 2021 to 2023), demonstrating the strong demand for rental housing. Costa Mesa’s coastal location, strong economic growth, and unmatched local attractions have made it one of Southern California’s most desirable and versatile markets. Given the Coastal Orange County location, the property offers an investor the ability to capture quality tenants seeking a convenient location with access to a wide variety of area amenities. This overall demand for well-located apartments will be a key driver in the continued growth at Kenwood Place Apartments.$3,525,000
Costa Mesa 164 Walnut Street
Welcome to 164 Walnut in Costa Mesa - the Capital of Cool. This 6-plex is made up of five 2 bed/1 bath units and one 1 bed/1 bath unit, all of which have been renovated. Unit C has washer and dryer hookups, and there are opportunities to have additional hookups in unit A, B, D and potentially unit F. The property is minutes away from the bustling shopping and dining options on 17th Street, is within easy walking distance to the scenic Upper Newport Back Bay and is encircled by some of the nation's top public schools. Additionally, tenants have convenient access to the 55 Freeway, providing seamless connectivity to the entire Southern California region. The property is also adjacent to Newport Blvd, a Measure K corridor, which is slated for substantial redevelopment. With ample parking on site, and tucked away in a quiet cul de sac, and an 89 walk score---come quick! Matterport links available for all units, please inquire.$3,400,000
Based on information from California Regional Multiple Listing Service, Inc. as of =date('F jS, Y \a\t g:ia T', strtotime($last_updated)); ?>. 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.