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291 293 Avocado Street

Costa Mesa, CA 92627
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Bed 0

Bed

Bath 0

Bath

SqFt18,012

Sqft

SqFt37,026

Sqft(Lot)

291 - 293 Avocado Street is a 24-unit multifamily property in Costa Mesa, California. The asset consists of two 12-unit buildings situated on contiguous parcels and arranged around a shared central courtyard. Built in 1965, the gated property offers approximately 18,012 rentable square feet and features a unit mix of 20 one-bed/one-bath units and 4 two-bed/one-bath units. The property provides 45 parking spaces (approximately 1.9 per unit), including a mix of surface, carport, and garage parking, along with an on-site laundry room. Ownership has completed several capital improvements, including a roof replacement, copper plumbing, and upgraded electrical subpanels. The property has also completed its SB-721 inspection with no required corrective work. 19 of the 24 units have been renovated , and rents are currently near market, supporting stable in-place income. The installation of in-unit washer/dryer hookups presents a potential enhancement, as this feature remains relatively uncommon among comparable properties yet is highly desirable to renters. The property also includes underutilized common area space that could be repositioned into amenities or, subject to city approval, may offer ADU potential. The property is located in a desirable Westside Costa Mesa setting with convenient access to nearby retail, dining, and major transportation corridors.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $9,595,000

AD Id : 77793367

MLS Id : OC26091598

Lot Size : 37,026 Sqft

Living Area Size : 18,012

Year Built : 1965

Garage : 9

County : Orange

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Feature Features

  • Building Information

    Year Built: 1965
    Building Area Total: 18012
    Stories: 2
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 0.85 Lot Size Acres: 0.85 Lot Size Source: Assessor Lot Size Square Feet: 37,026 Lot Description: Street Level

  • Listing Price Information

    Listing Price: $9595000
    Cash, Cash to New Loan, Conventional, 1031 Exchange

  • Tax Information

    Parcel Number: 41907119 Tax Lot: 43

  • Parking Information

    Parking Total: 45

    Garage Information

    Has Garage: Yes Garage Space: 9

  • Location Information

    Direction: Cross Streets of Avocado Street & Fairview Road WaterSource: Public
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Nearby Home Value

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137 The Masters Circle, Costa Mesa, CA, 92627 $2,280,000 4 5 3,887 3,887 SqFt
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273 Mesa, Costa Mesa, CA, 92627 $2,095,000 4 3 2,177 2,177 SqFt
223 Mesa Drive, Costa Mesa, CA, 92627 $2,300,000 3 2 1,968 1,968 SqFt
215 Mesa Drive, Costa Mesa, CA, 92627 $2,300,000 2 1 818 818 SqFt
302 Canoe Pond, Costa Mesa, CA, 92627 $1,759,000 3 3 1,755 1,755 SqFt
317 University Drive #U.., Costa Mesa, CA, 92627 $2,699,999 5 3 2,430 2,430 SqFt
315 University Drive, Costa Mesa, CA, 92627 $2,675,000 2 2 1,225 1,225 SqFt
2611 Westminster, Costa Mesa, CA, 92627 $2,795,000 4 2 2,004 2,004 SqFt
2608 Fairway, Costa Mesa, CA, 92627 $2,995,000 5 4 2,403 2,403 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/16/2026 @ 20:59

MLS: OC26091598 LISTED BY: Tyler Leeson, Marcus & Millichap RE Invest 949-419-3200 SOURCE: CRMLS

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