Property listed by Seven Gables Real Estate, John Allen 714-651-9706
988 El Camino
Costa Mesa, CA 92626
$3,300,000
Offered at $3,300,000, 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… Read More 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. Read Less
Listing Snapshot
Days Online
9
Last Updated
Property Type
MixedUse
Lot Size
0.15 Acres
Year Built
1964
MLS Number
OC26230822
Additional Details
Tenant Pays
Electricity, Gas
Property Access
Frontage Type: CityStreet, Road Surface: Paved
Appliances & Equipment
ConvectionOven, Dishwasher, Disposal, Microwave
Building
Built in 1964, 2 buildings, 2 stories, Levels: Two, Entry level: 1, Entry location: Street, Construction Materials: Frame, Glass
ElectricityConnected, NaturalGasConnected, WaterConnected, Water Source: Public, Volts220InKitchen, Volts220InLaundry, 6 separate electric meters, 6 separate gas meters
Windows
Blinds, Screens
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Based on information from California Regional Multiple Listing Service, Inc. as of 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.
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