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Patricia Beattie

patricia@brivio.com +1(415) 286-8292

$4,300,000

Est. payment - /mo

0.28 Acres Lot

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Eastside Central (Eccm)

MLS Listing ID NP26128800

HOA Y/N No

Year Built 1961

Lot Size 0.280 Acres

Property Sub-Type Quadruplex

Property Description

Exceptional opportunity to acquire two adjacent fourplexes (136 & 132 E. Bay St.) being offered together as one premier 8-unit multifamily investment in the highly sought-after Eastside Costa Mesa market. Properties of this size and quality rarely become available in one of Orange County's most desirable rental locations.

Together, the properties feature eight well-designed units consisting of four 2-bedroom, 1-bath residences and four comfortable 1-bedroom, 1-bath residences, offering an ideal mix that appeals to a broad tenant base. Each property provides a garage space, additional uncovered parking to be allocated, on-site laundry, the lower units feature outdoor living areas, creating a desirable living environment for residents while minimizing vacancy. The buildings are up to code and have verified SB721 inspection reports for the stairs and patios.

Ideally located just minutes from Newport Beach, Triangle Square, the Back Bay, the 55 Freeway, John Wayne Airport, and the area's premier shopping, dining, and entertainment, the properties enjoy strong rental demand driven by their exceptional coastal location.
Whether you're seeking stable cash flow with long-term appreciation potential or an opportunity to enhance value through strategic renovations, rental increases and possible ADU additions above the garages this offering delivers exceptional flexibility. The combined eight-unit configuration provides operational efficiencies while maintaining the appeal of smaller residential properties.

Location

State CA

County Orange

Area C5 - East Costa Mesa

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 8.0

Garage Description 8.0

Pool None

Community Features Street Lights, Sidewalks

Total Parking Spaces 13

Private Pool No

Building

Lot Description No Landscaping

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 42618203

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

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Listed by Erik Rettberg D E Properties 714-609-6721, DRE #02010692

Nearby School & Business

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Patricia Beattie

+1(415) 286-8292

Broker | License ID: 01405369

Broker License ID: 01405369

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136 E Bay Costa Mesa, CA 92627

Patricia Beattie

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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