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Listed by: John Allen (714) 500-3300 DRE #01939546 | Seven Gables Real Estate (714) 500-3300
$3,300,000
Monthly Est:$16,425
12 Beds
10 Baths
5,343sqft
988 El Camino, Costa Mesa, CA 92626
$3,300,000
$16,425/moEst:
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Mixed Use
Built in 1964
$-- HOA
6,719 sqft lot
$618/sq.ft
Description
Offered at $3,00,000, this 6-unit multifamily property in Costa Mesa provides a
strong turn-key opportunity in a supply-constrained market. Originally constructed
in 1964 as a 4-plex, the building was expanded in the past year with the addition of
two brand-new ADUs completed in 2026. The property now totals 5,267 SF and has been extensively
renovated with over $945,000 in recent improvements, including modern unit
interiors and durable finishes.
The unit mix includes studio, one-, two-, and three-bedroom layouts, designed to capture a
wide range of tenant demand. With current rents already strong and additional
upside available, investors can benefit from both immediate income and long-term
appreciation.
Located near South Coast Plaza, The Camp, and major transportation corridors, the
property combines stable tenant demand with proven rental performance, making for
a strategic investment in a highly sought-after Orange County submarket.
- Houzeo last checked: 36 minutes ago
- Listing updated: October 27, 2026 at 8:32 pm
- Source: California Regional MLS-CA | MLS#: OC26230822
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1964
HOA Fees
-
Finished Area
5,343 sqft
Lot Size
6,719 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
OC26230822
MLS Status
Active
Days on Market
1
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 12
Bathrooms: 10
Interior
Interior Features
Granite Counters
Window Features
Blinds, Screens
Cooling
Dual, Wall Window Units
Appliances
Convection Oven, Dishwasher, Disposal, Microwave
Exterior Features
Lighting, Rain Gutters
Heating
Central, Ductless
Sewer
Public Sewer
Flooring
Vinyl
Construction
Year Built
Year Built: 1964
Home type
Mixed Use
Property Condition
Turnkey
Architectural Style
Modern
Foundation Details
Slab
Roof
Shingle
Construction Materials
Frame, Glass
Utilities & Energy
Fireplace Features
None
Pool Features
None
Electric
Volts220in Kitchen, Volts220in Laundry
Parking Features
Assigned, Door Single, Garage, Garage Faces Rear
Laundry Features
Common Area, Inside, Outside
Water Source
Public
Utilities
Electricity Connected, Natural Gas Connected, Water Connected
Other Features
Disclosures
Accessory Dwelling Unit
Lot Features
Twenty One To Twenty Five Units Acre, Rectangular Lot
Subdivision Name
Mesa Del Mar
Community Features
Biking, Golf, Park
Tenant Pays
Electricity, Gas
Price History
| Date | Event | Price |
|---|---|---|
10/27/2026 Source: | Listed for Sale | $3,300,000 $618/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 29, 2026, 01:30PM and /or other sources. 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. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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