136 E Bay, Costa Mesa, CA 92627
Local realty services provided by:ERA North Orange County Real Estate
136 E Bay,Costa Mesa, CA 92627
$3,900,000
- - Beds
- - Baths
- 5,472 sq. ft.
- Multi-family
- Active
Listed by: erik rettberg, justin reynolds
Office: d e properties949-645-8711
MLS#:NP26128800
Source:CRMLS
Price summary
- Price:$3,900,000
- Price per sq. ft.:$712.72
About this home
Exceptional opportunity to acquire two adjacent fourplexes (136 & 132 E. Bay St.) being offered together as one premier 8-unit multifamily investment in the highly sought-after Eastside Costa Mesa market. Properties of this size and quality rarely become available in one of Orange County's most desirable rental locations.
Together, the properties feature eight well-designed units consisting of four 2-bedroom, 1-bath residences and four comfortable 1-bedroom, 1-bath residences, offering an ideal mix that appeals to a broad tenant base. Each property provides a garage space, additional uncovered parking to be allocated, on-site laundry, the lower units feature outdoor living areas, creating a desirable living environment for residents while minimizing vacancy. The buildings are up to code and have verified SB721 inspection reports for the stairs and patios.
Ideally located just minutes from Newport Beach, Triangle Square, the Back Bay, the 55 Freeway, John Wayne Airport, and the area's premier shopping, dining, and entertainment, the properties enjoy strong rental demand driven by their exceptional coastal location.
Whether you're seeking stable cash flow with long-term appreciation potential or an opportunity to enhance value through strategic renovations, rental increases and possible ADU additions above the garages this offering delivers exceptional flexibility. The combined eight-unit configuration provides operational efficiencies while maintaining the appeal of smaller residential properties....
Contact an agent
Home facts
- Year built:1961
- Subdivision & Development:Eastside Central (ECCM)
- Listing ID #:NP26128800
- Added:110 day(s) ago
- Updated:October 01, 2026 at 12:04 PM
Rooms and interior
- Living area:5,472 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1961
- Building area:5,472 sq. ft.
- Lot area:0.28 Acres
- Lot Features:No Landscaping
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,900,000
- Price per sq. ft.:$712.72
Parking
- Total parking spaces:13
- Garage:Yes
- Garage spaces:8
New listings near 136 E Bay
- Coming Soon
$4,295,000Coming Soon3 beds 4 baths3,050 sq. ft.2558 Westminster, Costa Mesa, CA 92627
MLS# OC26121183Listed by: COMPASS - New
$2,095,000Active5 beds 4 baths3,000 sq. ft.1124 Dennis Drive, Costa Mesa, CA 92626
MLS# PW26213038Listed by: CASA REAL ESTATE - New
$2,299,000Active4 beds 3 baths2,336 sq. ft.1801 Nantucket Place, Costa Mesa, CA 92627
MLS# IV26212266Listed by: LYNNE B WILSON & ASSOCIATES - New
$4,695,000Active-- beds -- baths7,752 sq. ft.776 W Wilson Street, Costa Mesa, CA 92627
MLS# OC26212352Listed by: MARCUS & MILLICHAP RE INVEST - Open Sat, 1 to 4pmNew
$3,250,000Active4 beds 4 baths2,679 sq. ft.2973 Java Road, Costa Mesa, CA 92626
MLS# OC26211266Listed by: THE L3 - New
$725,000Active2 beds 2 baths1,221 sq. ft.810 Baker #210, Costa Mesa, CA 92626
MLS# OC26211070Listed by: MARTERRA REAL ESTATE - New
$2,375,000Active-- beds -- baths3,148 sq. ft.120 Lisa Lane, Costa Mesa, CA 92627
MLS# PW26211144Listed by: MORGAN SKENDERIAN - New
$1,850,000Active-- beds -- baths3,023 sq. ft.3029 Jeffrey Drive, Costa Mesa, CA 92626
MLS# PW26211173Listed by: MORGAN SKENDERIAN - New
$2,225,000Active-- beds -- baths3,550 sq. ft.2904 Peppertree Lane, Costa Mesa, CA 92626
MLS# OC26209367Listed by: EHOMES - New
$2,175,000Active-- beds -- baths3,550 sq. ft.2902 Peppertree Lane, Costa Mesa, CA 92626
MLS# OC26209314Listed by: EHOMES