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Listed by Seven Gables Real Estate, John Allen, Listing Contact: 714-500-3300

$3,300,000

988 El Camino, Costa Mesa CA, 92626

Price per sqftN/A
Built in1964
Property typeMulti-family

Overview

Active

Listed Oct 27, 2026

Updated 26h ago

Offered at $3,00,000, 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 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.

$21,955/mo

Est. mortgage payment based on a $3,300,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
CROC26230822

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.15 Acres

Other Property Details

Garage
Yes
MLS provider logo

Listed by Seven Gables Real Estate, John Allen DRE:01939546,
Listing Contact: 714-500-3300 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Yelena Lepina | CA DRE# 02077513 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Yelena Lepina | CA DRE# 02077513 are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

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Data last updated 4:25 AM UTC, 10/28/2026

 

 

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