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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.
Property Type(s):
Residential Income
| Last Updated | 6/3/2026 | Tract | Eastside Central (ECCM) |
|---|---|---|---|
| Year Built | 1961 | Community | C5 - East Costa Mesa |
| Garage Spaces | 6.0 | County | Orange |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Dishwasher, Gas Oven, Gas Range, Microwave |
| AREA | C5 - East Costa Mesa |
| GARAGE | Yes |
| HEAT | Wall Furnace |
| LOT | 0.3615 acre(s) |
| LOT DIMENSIONS | 15746 |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | Eastside Central (ECCM) |
| WATER | Public |
Location
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Listed with Gerard Properties Inc.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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