Description
Coastal apartments have long been a favored choice among real estate investors due to their promising appreciation rates and strongrental income potential. In this regard, Costa Mesa has emerged as an increasingly attractive option, propelled by factors such asgentrification, substantial growth, the general appeal of renting among young professionals, and its proximity to the thriving real estatemarkets of Newport Beach and Huntington Beach.The subject property is less than a quarter mile to Eastside Costa Mesa, the bustling retail hub on 17th Street, and the 55 freeway.Additionally, the property is located approximately 1.25 miles from the Pacific Coast Highway (PCH). There are four large sized 1-bedroom 1-bath units in well-maintained condition. Among the appealing aspects of this property is its adjacency to a variety of retail establishments,including PetSmart, Trader Joe's, O'Reilly's Auto Parts, and Walgreens, thereby enriching the overall quality of life needed for its 1-bedoomrenting tenants.Considering its prime location, substantial rental growth potential, and the prospect of securing excellent tenants, this property stands as avaluable addition to an investor's expanding portfolio or as an ideal starting point for someone entering the real estate market.
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0BEDS
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0.14ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Coastal apartments have long been a favored choice among real estate investors due to their promising appreciation rates and strongrental income potential. In this regard, Costa Mesa has emerged as an increasingly attractive option, propelled by factors such asgentrification, substantial growth, the general appeal of renting among young professionals, and its proximity to the thriving real estatemarkets of Newport Beach and Huntington Beach.The subject property is less than a quarter mile to Eastside Costa Mesa, the bustling retail hub on 17th Street, and the 55 freeway.Additionally, the property is located approximately 1.25 miles from the Pacific Coast Highway (PCH). There are four large sized 1-bedroom 1-bath units in well-maintained condition. Among the appealing aspects of this property is its adjacency to a variety of retail establishments,including PetSmart, Trader Joe's, O'Reilly's Auto Parts, and Walgreens, thereby enriching the overall quality of life needed for its 1-bedoomrenting tenants.Considering its prime location, substantial rental growth potential, and the prospect of securing excellent tenants, this property stands as avaluable addition to an investor's expanding portfolio or as an ideal starting point for someone entering the real estate market.
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-06-19T11:30:01.533. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Freedom. Licensed in the State of California, USA.