287 16th Place
Costa Mesa, CA 92627
Sold
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.
PROPERTY INFORMATION
MLS # | OC23060572 | Lot Size | 13,068 Sq. Ft. |
HOA Fees | $0/Monthly | Property Type | Apartment |
Price | $ 5,250,000
Price Per SqFt: $ 580 |
DOM | 749 Days |
Address | 287 16th Place | Type | Residential Income |
City | Costa Mesa | Sq.Ft. | 9,049 Sq. Ft. |
Postal Code | 92627 | Garage | 2 |
County | Orange | Year Built | 1963 |
Bed / Bath | 6 / 0 | Parking | 10 |
Built In | 1963 | Status | Closed |
Sold Date | 2023-09-01 |
INTERIOR FEATURES
Has Laundry | Yes |
Laundry Information | Community, In Closet, In Kitchen |
Has Fireplace | No |
Fireplace Information | None |
Has Heating | Yes |
Heating Information | Central |
Has Cooling | No |
Cooling Information | None |
EntryLocation | Individual Entry |
Entry Level | 1 |
EXTERIOR FEATURES
Has Pool | No |
Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $5,600
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
Date | Event | Price |
07/10/2023 | Active Under Contract | $5,250,000 |
06/05/2023 | Price Change | $5,250,000 (-4.53%) |
05/04/2023 | Price Change | $5,499,000 (-4.37%) |
04/13/2023 | Listed | $5,750,000 |

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Listing provided courtesy of Christopher Pettit, Skyline Commercial Real Estate. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.