764 W 18th ST
Costa Mesa, CA, 92627
$1,999,000
Beds
0 Baths
0 SqFt
0.14 Acres
Add
MLS #OC25064656 image #0MLS #OC25064656 image #1MLS #OC25064656 image #2MLS #OC25064656 image #3MLS #OC25064656 image #4MLS #OC25064656 image #5MLS #OC25064656 image #6MLS #OC25064656 image #7
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 great 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 warranty, 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.

Property Details

Price:
$1,999,000
MLS #:
OC25064656
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
c2southwestcostamesa
Listed Date:
Oct 18, 2025
Total Sq Ft:
4,131
Lot Size:
6,098 sqft / 0.14 acres (approx)
Year Built:
1970
C2 – Southwest Costa MesaC2southwestcostamesa

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Schools

Interior

Flooring
TILE, LAM
Heating
CF, FIR
Laundry Features
GAS, WH

Exterior

Community Features
SDW, STM, SL, SUB
Construction Materials
STC, DWAL
Parking Spots
4
Roof
SPT
Security Features
FSDS

Financial

Maintenance Fee
$1,000
Net Operating Income
$56,426

Map

Community

Market Summary

Current real estate data for Single Family in Costa Mesa as of Dec 16, 2025
183
Single Family Listed
48
Avg DOM
512
Avg $ / SqFt
$1,083,154
Avg List Price

Property Summary

    Located in the Other (OTHR) subdivision, 764 W 18th ST Costa Mesa CA is a Single Family for sale in Costa Mesa, CA, 92627. It is listed for $1,999,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1970. The average price per square foot for Single Family listings in Costa Mesa is $512. The average listing price for Single Family in Costa Mesa is $1,083,154.

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764 W 18th ST
Costa Mesa, CA