308 E 18th St, Costa Mesa, CA, 92627

USD 3,895,000
For Sale MLS: OC26031727

Property Details

Property Type

multi family

Description

Multi Family in Costa Mesa, CA - Bedrooms: 0 - Bathrooms: 0 - Area: N/A - Year Built: 1995 - Lot: 8507 sqft

Listing Agent: Alice Schroeder Brokerage: Pacific Sotheby's International Realty

Unlock an extraordinary high-yield investment in the heart of Eastside Costa Mesa. Positioned within a rare zoning niche that favors Institutional and Recreational Use. This is more than a home; it is a scalable business asset. Whether launching a boutique startup or scaling to a maximum-capacity facility, the bones and location of 308 E 18th St are unmatched for high-income potential. - Capacity & Scale: 3,039 Sq. Ft. of refined living space on 8,500 Sq. Ft. lot. Significant room for outdoor recreation or potential expansion of resident capacity. - Accessibility Ready: Professionally installed accessible approach ramp and multiple main-level bedrooms/bathrooms, drastically reducing initial "Speed-to-Market" licensing costs for RCFE operators. - Modern Executive Aesthetic: Open-concept chef's kitchen with Thermador appliances and quartz social island; ideal for high-end nutritional programming or private chef services. - Strategic Location: Prime Eastside pocket with immediate access to 17th St amenities, Mariners Elementary zone, and Hoag Hospital/Newport medical hubs. - Operators can leverage the massive footprint to scale room count and resident capacity through city-approved reconfigurations.

Location

Address

308 E 18th St, Costa Mesa, CA, 92627

City

Costa Mesa

Features and Finishes

Laundry Features: Inside, Individual Room, Additional Parcels: No, Land Lease: No, Lot Description: 0-1 Unit/Acre, Lot Size Acres: 0.1953, Lot Size Source: Assessor, Lot Size Square Feet: 8506, Garage Spaces: 2, Parking Features: Driveway - Combination, Driveway, Parking Total: 2, Association: No, Calculated Total Monthly Association Fees: 0, Gross Income: 1, Gross Scheduled Income: 1, Rent Control: No, Number of Units: 1, Bedrooms in Unit-1: 4, Unit-1 Furnished Description: Unfurnished, Unit-1 Garage Spaces: 2, Community Features: Sidewalks, Source Listing Status: Active, County: Orange, Source Property Type: Residential Income, Exclusions: Negotiable, Inclusions: Negotiable, Insurance Expense: 1, Area: C5 - East Costa Mesa, Source Neighborhood: Eastside Central (ECCM), Number of Separate Electric Meters: 1, Number of Separate Gas Meters: 1, Number of Separate Water Meters: 1, Parcel Number: 11725135, Subdivision: Eastside Central (ECCM), Property Subtype: Commercial/Residential, Net

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