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Listed by Greg Bassirpou, DRE #01365951 • Marcus & Millichap RE Invest
$2,250,000
Est. payment /mo
0.3 Acres Lot
Price Dropped by $75K
1124 Victoria Costa Mesa, CA 92627
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC26045159
Year Built 1961
Lot Size 0.300 Acres
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
The Victoria Street Apartments presents a rare opportunity to acquire a well-located, four-unit multifamily investment in the highly desirable, supply-constrained submarket of Costa Mesa within Greater Orange County. Constructed in 1961, the property features a low-density and highly attractive unit mix consisting of (2) spacious, single-story three-bedroom/two-bath units and (2) studios totaling approximately 3,449 square feet. The asset sits on an expansive 13,047 square foot lot, offering strong intrinsic land value and future operational flexibility, including potential ADU opportunities. The property provides a compelling resident experience with desirable amenities, such as ample on-site parking with covered carports, private patios, and balconies - features that enhance tenant appeal and support strong occupancy fundamentals. Select units have undergone recent upgrades and renovations, further strengthening the asset's competitive positioning. Strategically located near Costa Mesa's premier retail, dining, and entertainment corridors - and just minutes from Huntington Beach - the property benefits from close proximity to The Triangle Square, the OC Fair & Event Center, the 17th Street Promenade, and Talbert Regional Park. This prime location, combined with
Location
State CA
County Orange
Area 699 - Not Defined
Interior
Laundry Gas Hookup, 30
Exterior
Garage Spaces 4.0
Pool None
Building
Water District - Public
Others
Tax ID 42204125
Special Listing Condition Not Applicable
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