131 E 21st Street, Costa Mesa, CA 92627
Local realty services provided by:ERA North Orange County Real Estate
131 E 21st Street,Costa Mesa, CA 92627
$3,490,000
- 6 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: scott gerard
Office: gerard properties inc.
MLS#:OC26116869
Source:San Diego MLS via CRMLS
Price summary
- Price:$3,490,000
About this home
SEE OFFERING MEMORANDUM IN SUPPLEMENTS. Rare pride-of-ownership 5-unit investment opportunity located in highly desirable Eastside Costa Mesa. Offered for sale for the first time in approximately 27 years, this well-maintained asset occupies an expansive approximately 15,746 square foot lot and features a unique low-density cottage-style layout with lots of attractive features and benefits. Improvements include a freestanding 2-bedroom, 1-bath residence positioned at the front of the property, along with four additional units located within two separate residential buildings at the rear. Unit mix consists of two 1-bedroom units and two 2-bedroom units. A defining characteristic of the offering is its abundance of private outdoor space. The front residence enjoys a large enclosed front yard with white picket vinyl fence and private rear yard, while each remaining unit benefits from its own yard, patio, or outdoor living area. This residential environment has contributed to strong tenant retention and consistent rental demand over many years. Residents enjoy amenities seldom found in comparable investment properties, including six enclosed garages, five equipped with automatic openers, in-unit washer and dryer hookups, and off-street parking for approximately eight vehicles. One garage is currently leased separately, generating additional monthly income. Generous parking, private outdoor areas, and thoughtful site design further enhance long-term resident appeal. From an operational standpoint, ownership benefits from a favorable utility structure. Gas and electricity are sep...
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Home facts
- Subdivision & Development:Eastside Central (ECCM)
- Listing ID #:OC26116869
- Added:119 day(s) ago
- Updated:October 01, 2026 at 03:02 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
Structure and exterior
- Levels:1 Story
Finances and disclosures
- Price:$3,490,000
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