CA > Costa Mesa
Costa Mesa, CA 92627,764 West 18th Street
Costa Mesa, CA 92627,764 West 18th Street
Costa Mesa, CA 92627,764 West 18th Street
6
See all 6 photos
Listed by Kathleen Tran • Realty One Group West
$2,080,000
Est. payment /mo
Save
4,131 SqFt
Active

764 West 18th Street Costa Mesa, CA 92627

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sat
19
Apr
Sun
20
Apr
Mon
21
Apr
Maureen Alphonso

Maureen Alphonso

+1(805) 279-6885

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,131 sqft

Price per Sqft $503

MLS Listing ID OC-25064656

Year Built 1970

Lot Size 6,098 Sqft

Property Sub-Type Quadruplex

Property Description

Don't miss this rare opportunity to own a Pride Covington Triplex in a prime Costa Mesa location, offering excellent income potential with long-term, reliable tenants already in place. This property is perfect for savvy investors looking for a turnkey rental with steady cash flow and major capital improvements already completed. The triplex comprises three spacious units, each thoughtfully designed for comfort and functionality. Property features a brand new high-quality flat roof (2024), recently replaced with a $34,000 roofing system, including an engineered roofing plan and city permit. The roof comes with a 25+ year guarantee, providing long-term durability and peace of mind. Each unit features a recently replaced furnace, ensuring efficient heating and added value for tenants. Unit #1 has a completely remodeled kitchen with modern finishes and updated appliances as well as a remodeled master shower. All units have newer toilets and vanity sinks, enhancing comfort and functionality. Select rooms across all three units have updated flooring, creating a refreshed and inviting atmosphere with aesthetics and livability. This property also has ample parking which includes a 4-car garage plus 6 additional off-street parking spaces, offering convenience and value for tenants. The property reflects pride of ownership with thoughtful upgrades and ongoing care. Investments highlights includes: All units are fully occupied by excellent long-term tenants, providing steady and dependable rental income. Located in the highly desirable city of Costa Mesa--just minutes from the beach, shopping centers, dining, and major freeways--making it a top choice for renters. With most systems recently upgraded, this property is a low-maintenance, high-return investment. Also, all units are currently under rented, providing significant upside potential for increased rental income over time. The property has very low vacancy rate due to the fact that it is located in a highly sought-after rental area and is consistently in high demand. With Costa Mesa's strong rental market and the property's proven track record of occupancy, this triplex represents a great investment with significant income potential. Whether you're a seasoned investor or exploring your first multi-family property, this offering aligns with strategic investment goals. Don't miss out on this rare chance to acquire a high-performing asset in one of Costa Mesa's sought-after communities.

Location

State CA

County Orange

Area C2 - Southwest Costa Mesa

Interior

Heating Central, Fireplace(s)

Flooring Laminate, Tile

Fireplaces Type Living Room

Laundry Gas Dryer Hookup, Washer Hookup

Exterior

Parking Features Garage - Single Door, Garage Faces Front, Paved, Driveway

Garage Spaces 4.0

Pool None

Community Features Sidewalks, Storm Drains, Street Lights, Suburban

Utilities Available Sewer Available, Water Available, Cable Available, Electricity Available, Natural Gas Available, Phone Available

Building

Lot Description Level, Level with Street, Paved, Rectangular Lot

Sewer Public Sewer

GET MORE INFORMATION

agent

Maureen Alphonso

Agent | License ID: 01734126

+1(805) 279-6885

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Maureen Alphonso, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

764 West 18th Street