East Costa Mesa (C5) Homes with Apartment Subtype

Welcome to East Costa Mesa, one of the most vibrant and sought-after neighborhoods in the heart of Orange County, California. This charming region is known for its unique blend of suburban tranquility and urban convenience, making it an ideal place for families, young professionals, and retirees alike. With its close proximity to stunning beaches, shopping centers, and a myriad of dining options, East Costa Mesa offers an exceptional lifestyle that caters to all.

The homes in East Costa Mesa are as diverse as the community itself, with a particular highlight being the availability of properties featuring an apartment subtype. These homes are perfect for those looking to maximize their living space, offering the flexibility of having a separate apartment unit. Whether you’re considering a multi-generational living arrangement, seeking rental income, or simply desiring extra space for guests or a home office, these properties provide a unique opportunity to tailor your living environment to suit your needs.

In addition to the appealing home designs, East Costa Mesa boasts excellent schools, numerous parks, and a thriving arts scene, ensuring that residents enjoy a well-rounded lifestyle. The neighborhood is also conveniently located near major highways and public transportation, making commuting a breeze.

With its welcoming atmosphere and a strong sense of community, East Costa Mesa is more than just a place to live; it’s a place to call home. If you’re looking for a property that combines comfort, convenience, and character, explore the wonderful homes with apartment subtypes available in this enchanting region. Your dream home awaits!

Newest East Costa Mesa (C5) Homes with Apartment Subtype

$3,490,000

OC26116869 MLS ⋅ Active Status

SEE OFFERING MEMORANDUM IN SUPPLEMENTS. Rare pride-of-ownership 5-unit investment opportunity located in highly desirable Eastside Costa Mesa. Offered for sale for the first time in approximately 27 years, this well-maintained asset occupies an expansive approximately 15,746 square foot lot and features a unique low-density cottage-style layout with lots of attractive features and benefits. Improvements include a freestanding 2-bedroom, 1-bath residence positioned at the front of the property, along with four additional units located within two separate residential buildings at the rear. Unit mix consists of two 1-bedroom units and two 2-bedroom units. A defining characteristic of the offering is its abundance of private outdoor space. The front residence enjoys a large enclosed front yard with white picket vinyl fence and private rear yard, while each remaining unit benefits from its own yard, patio, or outdoor living area. This residential environment has contributed to strong tenant retention and consistent rental demand over many years. Residents enjoy amenities seldom found in comparable investment properties, including six enclosed garages, five equipped with automatic openers, in-unit washer and dryer hookups, and off-street parking for approximately eight vehicles. One garage is currently leased separately, generating additional monthly income. Generous parking, private outdoor areas, and thoughtful site design further enhance long-term resident appeal. From an operational standpoint, ownership benefits from a favorable utility structure. Gas and electricity are separately metered with no house gas or electric meters, helping reduce operating costs. Each residence is equipped with its own water heater, with residents responsible for individual gas consumption. Operating expenses remain straightforward and consist primarily of water, trash service, property taxes, insurance, landscaping, and professional management. Eastside Costa Mesa continues to rank among Orange County's most desirable rental markets, driven by its proximity to Newport Beach, major employment centers, premier shopping, dining, and coastal recreation. Convenient access to Newport Boulevard and the 55 Freeway further strengthens location appeal. This offering presents a rare opportunity to acquire a quality multifamily investment in one of Southern California's most sought-after rental submarkets.

131 E 21st Street, Costa Mesa

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