$ 3,300,000
-
$3,300,000
Price -
12
Bed -
10
Bath -
5,293
SqFt -
0.15
Acre
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About the Listing H894 - OCALLEJOH
Offered at $3,300,000, this 6-unit multifamily property in Costa Mesa provides a strong turn-key opportunity in a supply-constrained market. Originally constructed in 1964 as a 4-plex, the building was expanded in the past year with the addition of two brand-new ADUs completed in 2026. The property now totals 5,267 SF and has been extensively renovated with over $945,000 in recent improvements, including modern unit interiors and durable finishes. The unit mix includes studio, one-, two-, and three-bedroom layouts, designed to capture a wide range of tenant demand. With current rents already strong and additional upside available, investors can benefit from both immediate income and long-term appreciation. Located near South Coast Plaza, The Camp, and major transportation corridors, the property combines stable tenant demand with proven rental performance, making for a strategic investment in a highly sought-after Orange County submarket.
Listing Highlights for 988 El Camino
Interior Details
- Bedrooms: 12
- Bathrooms: 10 Full
- Appliances: Convection Oven, Dishwasher, Disposal, Microwave
- Air Cond: Dual,Wall/Window Unit(s)
- Heating: Central,Ductless
- Fireplaces:
- Floor: Vinyl
- Basement:
- Other: Granite Counters
- Water: Public
Exterior Details
- Lot Description: 21-25 Units/Acre,Rectangular Lot,No Land Lease
- Garage Capacity: 4 car
- Parking Spaces: 4
- Zoning: R-3
- Roof: Shingle
- Others: Lighting,Rain Gutters,Turnkey,Frame,Glass,2+ Total Units
- Sewer: Public Sewer
- Parking Features: Assigned,Door-Single,Garage,Garage Faces Rear
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 14166526
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
988 El Camino Costa Mesa, CA 92626
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