CA > Costa Mesa
Costa Mesa, CA 92626,984 El Camino Drive
Costa Mesa, CA 92626,984 El Camino Drive
Costa Mesa, CA 92626,984 El Camino Drive
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$3,395,000
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5,241 SqFt
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984 El Camino Drive Costa Mesa, CA 92626

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Disen Cai

Disen Cai

Keller Williams Peninsula Estates

+1(650) 622-2156

UPDATED:

03/13/2025 01:32 AM

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,241 sqft

Price per Sqft $647

MLS Listing ID CRPW25046836

HOA Y/N No

Year Built 1964

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type Other

Property Description

984 El Camino Drive is a premier investment opportunity in the sought-after Mesa Del Mar neighborhood of Costa Mesa, CA. This pristine, turnkey property received an infusion of approximately $1.3 million in 2023, encompassing a full exterior renovation and complete interior remodel. Each unit was upgraded with modern, high-end finishes, offering residents top-quality living spaces. Many units feature brand-new in-unit laundry machines, and all are equipped with new air conditioning, heating systems, microwaves, ceiling fans, stainless steel appliances, sinks, and more. The property also offers excellent parking options, with four garages, spaces for four vehicles in front of the garages, and five additional open spots, providing an impressive 2:1 parking ratio. With a 5.1% cap rate based on current rents, this asset presents a compelling opportunity for investors looking for a turnkey property with solid, immediate cash flow potential.

Location

State CA

County Orange

Interior

Cooling Central Air

Fireplace No

Laundry Community Facility, Gas Dryer Hookup, Other

Building

Sewer Public Sewer

Water Private

New Construction No

Others

Tax ID 14166525

Bridge MLS
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Rick Applebaum • Morgan Skenderian

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Disen Cai

Agent | License ID: 01928373

+1(650) 622-2156

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