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291 293 Avocado Street, Costa Mesa, CA 92627

Costa Mesa
Local realty services provided by:CENTURY 21 Masters
291 293 Avocado Street,Costa Mesa, CA 92627
$9,595,000
  • - Beds
  • - Baths
  • 18,012 sq. ft.
  • Multi-family
  • Active
Listed by: tyler leeson
Office: marcus & millichap re invest949-419-3200
MLS#:OC26091598
Source:CRMLS

Price summary

  • Price:$9,595,000
  • Price per sq. ft.:$532.7

About this home

291 - 293 Avocado Street is a 24-unit multifamily property in Costa Mesa, California. The asset consists of two 12-unit buildings situated on contiguous parcels and arranged around a shared central courtyard. Built in 1965, the gated property offers approximately 18,012 rentable square feet and features a unit mix of 20 one-bed/one-bath units and 4 two-bed/one-bath units. The property provides 45 parking spaces (approximately 1.9 per unit), including a mix of surface, carport, and garage parking, along with an on-site laundry room. Ownership has completed several capital improvements, including a roof replacement, copper plumbing, and upgraded electrical subpanels. The property has also completed its SB-721 inspection with no required corrective work. 19 of the 24 units have been renovated, and rents are currently near market, supporting stable in-place income. The installation of in-unit washer/dryer hookups presents a potential enhancement, as this feature remains relatively...

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Home facts

  • Year built:1965
  • Listing ID #:OC26091598
  • Added:54 day(s) ago
  • Updated:June 22, 2026 at 10:41 AM

Rooms and interior

  • Living area:18,012 sq. ft.

Structure and exterior

  • Year built:1965
  • Building area:18,012 sq. ft.
  • Lot area:0.85 Acres
  • Lot Features:Street Level
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$9,595,000
  • Price per sq. ft.:$532.7

Parking

  • Total parking spaces:45
  • Parking description:15 Carport Space(s)
  • Garage:Yes
  • Garage spaces:9
  • Carport spaces:15
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Masters is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Masters, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Randy Keith Thompson

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