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1124 Victoria

Costa Mesa, CA 92627
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Bed 3

Bed

Bath 3

Bath

SqFt3,449

Sqft

SqFt13,047

Sqft(Lot)

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 units and (2) studios totaling approximately 3,449 square feet. The asset sits on an expansive 13,047 square foot lot, offering strong intrinsic land value and future operational flexibility, including potential ADU opportunities. The property provides a compelling resident experience with desirable amenities, such as ample on-site parking with covered carports, private patios, and balconies - features that enhance ten ant appeal and support strong occupancy fundamentals. Select units have undergone recent upgrades and renovations, further strengthening the asset’s competitive positioning. Strategically located near Costa Mesa’s premier retail, dining, and entertainment corridors - and just minutes from Huntington Beach - the property benefits from close proximity to The Triangle Square, the OC Fair & Event Center, the 17th Street Promenade, and Talbert Regional Park. This prime location, combined with the asset’s favorable unit composition and land-to-building ratio, positions the Victoria Street Apartments as a high-quality investment opportunity offering durable demand drivers, rental upside, and meaningful long-term appreciation potential.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,195,000

AD Id : 75732005

MLS Id : OC26045159

Beds : 3

Lot Size : 13,047 Sqft

Living Area Size : 3,449

Year Built : 1961

County : Orange

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Feature Features

  • Building Information

    Year Built: 1961
    Building Area Total: 3449
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 13047 Lot Size Acres: 0.2995 Lot Size Source: Public Records Lot Size Square Feet: 13,047 Lot Description: Landscaped,Near Public Transit

  • Listing Price Information

    Listing Price: $2195000
    Original Price: $2325000
    Cash, Cash to New Loan, 1031 Exchange

  • Tax Information

    Parcel Number: 42204125 Tax Lot: 91

  • Parking Information

    Parking Total: 4

  • Location Information

    Direction: West Victoria St and N Pacific Ave. Do not disturb tenants. Make offers subject to inspection. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
136 E Bay, Costa Mesa, CA, 92627 $4,300,000 3 2 5,472 5,472 SqFt
635 Plumer, Costa Mesa, CA, 92627 $1,900,000 5 3 2,562 2,562 SqFt
753 Scott Place, Costa Mesa, CA, 92627 $1,395,000 4 2 1,853 1,853 SqFt

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ByOwner last updated this listing 07/23/2026 @ 19:08

MLS: OC26045159 LISTED BY: Greg Bassirpou, Marcus & Millichap RE Invest 949-419-3200 SOURCE: CRMLS

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