$2,195,000
-$55,0001124 Victoria, Costa Mesa CA 92627
Multi-Family (Fourplex)
Property type
95 days
On market
$636
Price per sqft
0 cars
Garage
1961
Year built
13,047 sqft
Lot size
Open Houses
Overview
The Victoria Street Apartments presents a rare opportunity to acquire a well-located, four-unit multifamily investment in the highly desirable, supply-constrained submarket of Costa Mesa within Greater Orange County. Constructed in 1961, the property features a low-density and highly attractive unit mix consisting of (2) spacious, single-story three-bedroom/two-bath...
Listing provided by: Greg Bassirpou DRE #01365951, Marcus & Millichap RE Invest
Listing updated: Jun 4, 2026 at 05:58am.
Last checked: Jun 4, 2026 at 06:30am
Source: CRMLS #OC26045159
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 2 | 0 | 1 | — | $3,900 | $3,900 | $4,600 | Unfurnished |
| 2 | 3 | 2 | — | $7,800 | $7,800 | $8,700 | Unfurnished |
# of Buildings: 2
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 1
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
15.6x
List Price / Annual Gross Rent
Cap Rate
4.56%
NOI / List Price
Gross Scheduled Income: $140,400
Operating Expense: $36,076
Net Operating Income: $100,112
Annual Operating Expenses
Insurance: $2,300
Trash: $1,500
Water / Sewer: $1,500
Interior
Laundry: Washer Hookup, Gas Dryer Hookup
Entry Location: Ground
Exterior
Property Attached: No
Stories Total: 2
Common Walls: No Common Walls
Lot Features: Landscaped, Near Public Transit
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 0
Carport Spaces: 4
Parking Total: 4
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 42204125
Additional Parcels: No
Tax Lot: 91
Community
Senior Community: No
Community Features: Street Lights, Sidewalks
Nearby Schools
Nearby schools around the 1124 Victoria, Costa Mesa, CA 92627. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,756,000
Total Interest
$2,239,681
Total Payment
$3,995,681
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$13,536
per month
Property History for 1124 Victoria
Costa Mesa Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92627.
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