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Image 1 - 741 W 18th St, Costa Mesa, California, 92627 - House for sale
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W Th St, Costa Mesa, Home For Sale
741 W 18th St, Costa Mesa, California, 92627

W Th St, Costa Mesa, Home For Sale

house for sale
Listed: 06/25/24

741 W 18th St, Costa Mesa, California, 92627

6 Bed:
4 Bath:
2,512 Sq Ft Living Area:
Save
Price
$ 1,6M

About This House

Coastal apartments are a proven investment strategy, consistently offering strong appreciation, robust rental growth, and high-quality tenants. Situated less than half a mile from Newport Blvd, 741 W18th Street exemplifies these benefits. The property features a variety of units, including both one and two bedroom layouts. Units A and B boast private yard access, while Units C and D offer private deck entries. Additionally, there is tuck-under parking available at the rear of the building, and a large, shared driveway with 735 W 18th Street, providing ample extra parking spaces. With investments in fixtures and aesthetics, there is significant upside potential in rents. This property represents an excellent opportunity for those starting their investment journey or looking to expand an existing portfolio. Exterior and drive-by tours only. Please do not disturb tenants.

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Costa Mesa Housing & Living

Average sale prices for houses

3 bed
4+ bed
Show as List Show as Graph
In May 2024, the asking price for 3 bed houses for sale in/near Costa Mesa, United States averaged $1,400,954, a decrease of 5.4% from the previous month.
Median price trends for properties for sale in Costa Mesa, United States as of May 2024.

Household Income

Median household income: $75,109
Number of households: 40,557
The average household income in Costa Mesa, CA grew from $70,438 to $75,109 in the past year. This data is an estimate based upon 40,557 households in Costa Mesa, CA.
The chart below presents how household income is distributed in Costa Mesa, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Costa Mesa, CA compared to median property taxes around the country. The prevalent amount of property taxes in Costa Mesa, CA equals $3k+ , which is more than the national average.