145 E 18th St
Costa Mesa, CA 92627
Multifamily Property For Sale
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19 Units
Property Facts
| No. Units | 19 | Lot Size | 0.66 AC |
| Property Type | Multifamily | Building Size | 15,325 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1959 |
| Building Class | C | Parking Ratio | 1.89/1,000 SF |
| Zoning | R2-MD - Multiple Family Residential - Medium Density | ||
| No. Units | 19 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.66 AC |
| Building Size | 15,325 SF |
| No. Stories | 2 |
| Year Built | 1959 |
| Parking Ratio | 1.89/1,000 SF |
| Zoning | R2-MD - Multiple Family Residential - Medium Density |
Amenities
Unit Amenities
- Balcony
- Fireplace
- Kitchen
- Granite Countertops
- Hardwood Floors
- Walk-In Closets
- Yard
- Patio
- Floor to Ceiling Windows
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Pool
- Security System
- Tenant Controlled HVAC
About 145 E 18TH ST , COSTA MESA, CA 92627
The community located at 145 East 18th Street has a distinctive overall unit mix and an attractive mid-century architecture. This property is located within a few hundred yards from Triangle Square and Costa Mesa Courtyards power centers and is also easily accessible to the 17th Street retail corridor. A diversified employment base promotes stable fundamentals and keeps vacancies below the metro Orange County rate. Rents have continued to rise and currently vacancies are very low for the area. Costa Mesa specifically benefits from strong renter demographics of young professionals with healthy incomes who are still priced out of home ownership. Median home prices are high and the costs of home ownership are nearly double average apartment rents. These factors influence apartment demand and continued strong occupancy rates.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | 455 |
| 1+1 | 5 | - | 695 |
| 2+1 | 6 | - | 915 - 1,075 |
| 2+2 | 7 | - | 1,300 |
Property Taxes
| Parcel Number | 425-443-11 | Improvements Assessment | $892,413 |
| Land Assessment | $7,139,322 | Total Assessment | $8,031,735 |
Property Taxes
