$4,300,000
136 E Bay, Costa Mesa CA 92627
Multi-Family (Fourplex)
Property type
1 day
On market
$786
Price per sqft
8 cars
Garage
1961
Year built
12,196 sqft
Lot size
Open Houses
Overview
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...
Listing provided by: Erik Rettberg DRE #02010692, D E Properties, Justin Reynolds DRE #01506837, D E Properties
Listing updated: Jun 12, 2026 at 09:11pm.
Last checked: Jun 12, 2026 at 09:30pm
Source: CRMLS #NP26128800
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 4 | 2 | 1 | 1 | $2,600 | $10,400 | $11,200 | Unfurnished |
| 4 | 1 | 1 | 1 | $2,350 | $9,400 | $10,000 | Unfurnished |
# of Buildings: 2
# of Units Total: 8
Separate Electric Meters: 8
Separate Gas Meters: 8
Separate Water Meters: 2
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
17.9x
List Price / Annual Gross Rent
Cap Rate
4.74%
NOI / List Price
Gross Scheduled Income: $240,000
Operating Expense: $36,000
Net Operating Income: $204,000
Annual Operating Expenses
Electric: $840
Fuel: $0
Insurance: $4,000
Professional Management: $11,720
Trash: $8,640
Water / Sewer: $10,800
Interior
Cooling: None
Heating: Wall Furnace
Fireplace: None
Laundry: Common Area
Entry Location: 2 Levels Of Entry
Exterior
Property Attached: No
Stories Total: 2
Common Walls: No Common Walls
Lot Features: No Landscaping
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 8
Uncovered Spaces: 5
Parking Total: 13
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 42618203
Additional Parcels: No
Tax Lot: D
Subdivision: Eastside Central (ECCM)
Community
Senior Community: No
Community Features: Street Lights, Sidewalks
Nearby Schools
Nearby schools around the 136 E Bay, Costa Mesa, CA 92627. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$3,440,000
Total Interest
$4,387,530
Total Payment
$7,827,530
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$26,372
per month
Property History for 136 E Bay
Costa Mesa Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92627.
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