$4,450,000

1012 & 1018 Mission Drive, Costa Mesa 92626

16

Beds

16

Baths

14,502

Lot Size

8

# Of Units

Listing Agent
Nick Gould - Gould Group Inc

Welcome to 1012 & 1018 Mission Drive in the Mesa Del Mar enclave of Costa Mesa. These adjacent four-unit apartment buildings showcase an array of 2-bedroom/1.5-bathroom townhouse-style units, each accompanied by its own private yard. With an average unit size of approximately 1,175 square feet, these residences epitomize comfortable living. The property boasts a substantial community courtyard nestled between the two buildings. Notably, the seller has recently renovated four of the eight units since 2021, creating an attractive prospect for savvy investors to enhance the remaining four units and leverage competitive market rents. Tenants are offered garages and off-street parking, along with dedicated laundry rooms within each building. The strategic location of the property ensures easy accessibility to the best of Costa Mesa, including renowned destinations such as South Coast Plaza, The Camp, The LAB, and the Harbor Blvd shopping corridor. Additionally, tenants enjoy seamless connectivity with quick access to major freeways, including the 405, 55, and 73 Freeways. This property not only promises a secure investment but also positions itself as an inviting residential haven at the heart of Costa Mesa's vibrant offerings.

Facts & Features

MLS® # NP24059586
Price $4,450,000
Bedrooms 16
Bathrooms 16.00
Lot Size 14,502
Year Built 1964
Type Residential Income
Sub-Type Apartment
Status Active
# Of Units 8

Community Information

Address 1012 & 1018 Mission Drive
Area 699 - Not Defined
City Costa Mesa
County Orange
Zip Code 92626

Amenities

Parking Spaces 14
Parking Assigned, Garage, Off Street, Private
# of Garages 8
Garages Assigned, Garage, Off Street, Private
View None
Is Waterfront No
Has Pool No
Pool None

Interior

Heating Wall Furnace
Cooling None
Has Basement No
Fireplace No
Fireplaces None
# of Stories 2
Stories Two

Exterior

Lot Description 6-10 Units/Acre

Additional Information

Date Listed March 25th, 2024
Days on Market 38
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentNick Gould
OfficeGould Group Inc

Listing Map

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