184 E 21st St Costa Mesa CA 92627 MLS #PW25239787

MLS #PW25239787 image #0

184 E 21st St, Costa Mesa, CA 92627

Bedrooms
0 Bathrooms
0 Finished Sqft
37,462 sqft / 0.86 acres (approx) Lot Size Sqft
$8,350,000 List Price
First time on market in 37 years! 184 E 21st Street is a rare opportunity to acquire a 10-unit multifamily property in Eastside Costa Mesa, one of Orange County’s most sought-after submarkets.

This opportunity features (10) spacious 3-bed/2-bath units. Additionally, each unit comes with an attached 1-car garage and exterior on-site parking spaces, enhancing tenant demand and providing additional income potential.

Situated in Eastside Costa Mesa, residents enjoy quick access to Newport Beach, Hoag Hospital, a plethora of dining options, and Triangle Square, placing it at the heart of premier employment and lifestyle amenities. The area’s strong renter demand and limited new supply continue to drive consistent long-term growth. The property is also in very close proximity to various freeways, allowing convenient transit for tenants.

There is an ability to further enhance yield with the implementation of a RUBS system to minimize the expense for water and trash. This combination of strong rent growth, long term appreciation, and a prime location makes 184 E 21st Street a standout investment in today’s Orange County multifamily market.
Listed by • Nara Advisors

MLS #
PW25239787
STATUS
Active
DAYS ON MARKET
149
TYPE
Apartment
NEIGHBORHOOD
BUILT
1961
VIEW
COOLING
HEATING
POOL
SPA
GARAGE
Spaces

Property Details

Price:
$8,350,000
MLS #:
PW25239787
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
c5eastcostamesa
Listed Date:
Oct 14, 2025
Total Sq Ft:
11,520
Lot Size:
37,462 sqft / 0.86 acres (approx)
Year Built:
1961
C5 – East Costa MesaC5eastcostamesa

Schools

Interior

Cooling
WW
Laundry Features
GAS, WH

Exterior

Community Features
SDW, SL
Parking Spots
17

Financial

Gross Operating Income
$426,955
Net Operating Income
$286,792

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184 E 21st St
Costa Mesa, CA