Est. cap rate

3.7%

Assumed rent, all units

$10,840/mo

Units

4

Price per unit

$437,250

Est. annual NOI

$65,040

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Quadruplex

Bedrooms

4

Building size

2,512 sqft

Lot size

6,098 sqft

Year built

1960

Stories

2

Garage spaces

4

Pool

None

Status

Active

Days on market

72

MLS #

245457018

About this property

First time on the market in over 35 years! Don't miss this rare opportunity to own a well-maintained, income-producing 4-unit property in one of Costa Mesa's most sought-after rental markets. This desirable fourplex features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, all currently occupied on month-to-month leases, offering immediate rental income with exceptional future upside. The property also includes a 4-car alley-loaded garage, adding valuable parking and potential income opportunities. Ideally located near shopping, dining, beaches, parks, and major freeways, this is a prime investment for seasoned investors, owner-occupants, or buyers looking to build long-term wealth in a high-demand coastal community. Opportunities like this rarely come to market—schedule your private tour today!

Location

735 W 18th

Costa Mesa, Orange, CA, 92627