$3,895,000
-$205,000308 E 18th Street, Costa Mesa CA 92627
Multi-Family
Property type
114 days
On market
$1,282
Price per sqft
2 cars
Garage
1995
Year built
8,506 sqft
Lot size
Open Houses
Overview
Unlock an extraordinary high-yield investment in the heart of Eastside Costa Mesa. Positioned within a rare zoning niche that favors Institutional and Recreational Use. This is more than a home; it is a scalable business asset. Whether launching a boutique startup or scaling to a maximum-capacity facility, the bones and location of 308 E 18th St are unmatched for high-income...
Listing provided by: Alice Schroeder DRE #01319910 949-357-0099, Pacific Sotheby's Int'l Realty
Listing updated: Mar 23, 2026 at 11:53pm.
Last checked: Jun 5, 2026 at 01:30am
Source: CRMLS #OC26031727
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 4 | 0 | 2 | $0 | $0 | $40,000 | Unfurnished |
# of Buildings: 1
# of Units Total: 1
Separate Electric Meters: 1
Separate Gas Meters: 1
Separate Water Meters: 1
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
3,895,000.0x
List Price / Annual Gross Rent
Cap Rate
0.0%
NOI / List Price
Gross Scheduled Income: $1
Operating Expense: $1
Net Operating Income: $1
Annual Operating Expenses
Electric: $1
Fuel: $1
Insurance: $1
Trash: $0
Water / Sewer: $0
Interior
Laundry: Inside, Laundry Room
Entry Location: 1
Exterior
Property Attached: No
Stories Total: 2
Levels: One, Two
Common Walls: No Common Walls
Lot Features: Zero To One Unit Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Parking: Driveway
Garage Spaces: 2
Parking Total: 2
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 11725135
Additional Parcels: No
Tax Lot: 2
Subdivision: Eastside Central (ECCM)
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Sidewalks
Nearby Schools
Nearby schools around the 308 E 18th Street, Costa Mesa, CA 92627. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$3,116,000
Total Interest
$3,974,286
Total Payment
$7,090,286
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$23,903
per month
Property History for 308 E 18th Street
Costa Mesa Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92627.
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