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287 16th Place, Costa Mesa

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287 16th Place, Costa Mesa

$5,250,000 - 6 Beds - 5 Baths - .3 Acres - 85 DOM
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Premium Eastside Costa Mesa rental location. One of only a few 5+ buildings below 17th St and bordering Newport Heights, the property is walking distance to all of the hip retail, shopping, bars, and restaurants that line 17th St., while providing tenants a nice place to live on a quiet street. Rare opportunity to own this 8 unit apartment complex in an area with low rental supply/vacancy and rarely available properties. The high desirability makes the units easy to rent upon any turnover, resulting in a great long term investment as housing and rents in the area continue to appreciate.

Listing Agent
Christopher Pettit - Skyline Commercial Real Estate
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Essential Information

For 287 16th Place, Costa Mesa
  • MLS® # OC23060572
  • Price $5,250,000
  • Bedrooms 6
  • Bathrooms 5.00
  • Acres 0.30
  • Year Built 1963
  • Type Residential Income
  • Sub-Type Apartment
  • Status Closed

Community Information

For 287 16th Place, Costa Mesa
  • Address 287 16th Place
  • Area C5 - East Costa Mesa
  • Subdivision other
  • City Costa Mesa
  • County Orange
  • Zip Code 92627

Amenities

For 287 16th Place, Costa Mesa
  • Parking Spaces 10
  • # of Garages 2
  • Pool None

Utilities

For 287 16th Place, Costa Mesa

Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Parking

For 287 16th Place, Costa Mesa

Assigned, Carport, Door-Single, Garage, Paved, Uncovered

Garages

For 287 16th Place, Costa Mesa

Assigned, Carport, Door-Single, Garage, Paved, Uncovered

Interior

For 287 16th Place, Costa Mesa
  • Heating Central
  • Cooling None
  • Fireplace Yes
  • Fireplaces None
  • # of Stories 2
  • Stories Two

Exterior

For 287 16th Place, Costa Mesa
  • Lot Description Front Yard

Additional Information

For 287 16th Place, Costa Mesa
  • Date Listed April 13th, 2023
  • Days on Market 85

Listing Details

For 287 16th Place, Costa Mesa
  • Agent Christopher Pettit
  • Office Skyline Commercial Real Estate

Price Change History for 287 16th Place, Costa Mesa, (MLS® #OC23060572)

Date Details Change
Status Changed from Active Under Contract to Closed –
Status Changed from Active to Active Under Contract –
Price Reduced from $5,499,000 to $5,250,000 $249,000 (4.53%)
Price Reduced from $5,750,000 to $5,499,000 $251,000 (4.37%)