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988 El Camino Costa Mesa, CA 92626-3,300,000
General Information
Offered at $3,300,000, this 6-unit multifamily property in Costa Mesa provides astrong turn-key opportunity in a supply-constrained market. Originally constructedin 1964 as a 4-plex, the building was expanded in the past year with the addition oftwo brand-new ADUs completed in 2026. The property now totals 5,267 SF and has been extensivelyrenovated with over $945,000 in recent improvements, including modern unitinteriors and durable finishes.The unit mix includes studio, one-, two-, and three-bedroom layouts, designed to capture awide range of tenant demand. With current rents already strong and additionalupside available, investors can benefit from both immediate income and long-termappreciation.Located near South Coast Plaza, The Camp, and major transportation corridors, theproperty combines stable tenant demand with proven rental performance, making for a strategic investment in a highly sought-after Orange County submarket.
Features
Based on information from CARETS as of 06/11/2026 07:00:00 AM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. |
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