Pending

1012 & 1018 Mission DR

COSTA MESA CA, 92626

$4,450,000


$473.30 per sqft

Pending

16 Beds

16 Baths

9,402 sqft

Multi-family

Built in 1964

Welcome to 1012 & 1018 Mission Drive in the Mesa Del Mar enclave of Costa Mesa. These adjacent four-unit apartment buildings showcase an array of 2-bedroom/1.5-bathroom townhouse-style units, each accompanied by its own private yard. With an average unit size of approximately 1,175 square feet, these residences epitomize comfortable living. The property boasts a substantial community courtyard nestled between the two buildings. Notably, the seller has recently renovated four of the eight units since 2021, creating an attractive prospect for savvy investors to enhance the remaining four units and leverage competitive market rents. Tenants are offered garages and off-street parking, along with dedicated laundry rooms within each building. The strategic location of the property ensures easy accessibility to the best of Costa Mesa, including renowned destinations such as South Coast Plaza, The Camp, The LAB, and the Harbor Blvd shopping corridor. Additionally, tenants enjoy seamless connectivity with quick access to major freeways, including the 405, 55, and 73 Freeways. This property not only promises a secure investment but also positions itself as an inviting residential haven at the heart of Costa Mesa's vibrant offerings.

NP24059586MR

MLS ID

March 25, 2024

Listed

September 13, 2024

Updated

Map

1012 & 1018 Mission DR
COSTA MESA CA, 92626

Interior Features

Total Stories

2


Bedrooms

16


Total Bathrooms

16


Laundry Description

Community


Fireplace

No


Fireplace Description

None


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall

Exterior/Building Features

Lot Size

0.33 Acres


Sewer

Public Sewer

Other Property Details

Area Name

Central Costa Mesa


Days on Market

87


Garage

Yes


Garage Spaces

8


Parking

Assigned, Garage, Private


Parking Total

14


View

No


View Description

None


County

Orange


Water Source

Public


Pool

No


Pool Features

None

Listing History

Date

Event

Price

6/27/2024

Pending

6/21/2024

Under contract

Listed by Nick Gould with Gould Group Inc
Listing Contact: 925-998-1315 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Christie’s International Real Estate Southern California shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 9/13/2024

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