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184 E 21st St, Costa Mesa, CA 92627
Priced at Only: $8,350,000
For more Information Call Mobile: 714.478.6676
Address: 184 E 21st St, Costa Mesa, CA 92627
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  • MLS#: PW25239787 ( Apartment )
  • Street Address: 184 E 21st St
  • Viewed: 1
  • Price: $8,350,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1961
  • Bldg sqft: 0
  • Days On Market: 23
  • Additional Information
  • County: ORANGE
  • City: Costa Mesa
  • Zipcode: 92627
  • Subdivision: Other (othr)
  • Provided by: Nara Advisors
  • Contact: Sean Sean
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    First time on market in 37 years! 184 E 21st Street is a rare opportunity to acquire a 10 unit multifamily property in Eastside Costa Mesa, one of Orange Countys most sought after submarkets. This opportunity features (10) spacious 3 bed/2 bath units. Additionally, each unit comes with an attached 1 car garage and exterior on site parking spaces, enhancing tenant demand and providing additional income potential. Situated in Eastside Costa Mesa, residents enjoy quick access to Newport Beach, Hoag Hospital, a plethora of dining options, and Triangle Square, placing it at the heart of premier employment and lifestyle amenities. The areas strong renter demand and limited new supply continue to drive consistent long term growth. The property is also in very close proximity to the 55, 73, and 405 FWY allowing convenient transit for tenants. There is an ability to further enhance yield with the implementation of a RUBS system to minimize the expense for water and trash. This combination of strong rent growth, long term appreciation, and a prime location makes 184 E 21st Street a standout investment in todays Orange County multifamily market.
Features
Assessments
  1. Buyer to Verify
  2. Unknown
Building Area Total
  1. 11520.00
Commoninterest
  1. Community Apartment
Common Walls
  1. No Common Walls
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Electric Expense
  1. 0.00
Fuel Expense
  1. 0.00
Garage Spaces
  1. 10.00
Gardner Expense
  1. 2400.00
Insurance Expense
  1. 14400.00
Laundry Features
  1. Gas Dryer Hookup
  2. Washer Hookup
Levels
  1. One
Lot Features
  1. Lot 20000-39999 Sqft
Netoperatingincome
  1. 286792.00
Number Of Separate Electric Meters
  1. 10
Number Of Separate Gas Meters
  1. 10
Parcel Number
  1. 42613122
Pool Features
  1. None
Professionalmanagementexpense
  1. 17078.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 449185619:CRM
Subdivision Name Other
  1. Newport Heights
Tenant Pays
  1. Electricity
  2. Gas
Totalexpenses
  1. 140164.00
Trash Expense
  1. 5652.00
Uncovered Spaces
  1. 7.00
Water Sewer Expense
  1. 5652.00
Water Source
  1. Public
Year Built
  1. 1961
Year Built Source
  1. Public Records
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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