Active

136 E Bay

Costa Mesa, CA 92627
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Bed 3

Bed

Bath 2

Bath

SqFt5,472

Sqft

SqFt12,196

Sqft(Lot)

Exceptional opportunity to acquire two adjacent fourplexes (136 & 132 E. Bay St.) being offered together as one premier 8-unit multifamily investment in the highly sought-after Eastside Costa Mesa market. Properties of this size and quality rarely become available in one of Orange County's most desirable rental locations. Together, the properties feature eight well-designed units consisting of four 2-bedroom, 1-bath residences and four comfortable 1-bedroom, 1-bath residences, offering an ideal mix that appeals to a broad tenant base. Each property provides a garage space, additional uncovered parking to be allocated, on-site laundry, the lower units feature outdoor living areas, creating a desirable living environment for residents while minimizing vacancy. The buildings are up to cod e and have verified SB721 inspection reports for the stairs and patios. Ideally located just minutes from Newport Beach, Triangle Square, the Back Bay, the 55 Freeway, John Wayne Airport, and the area's premier shopping, dining, and entertainment, the properties enjoy strong rental demand driven by their exceptional coastal location. Whether you're seeking stable cash flow with long-term appreciation potential or an opportunity to enhance value through strategic renovations, rental increases and possible ADU additions above the garages this offering delivers exceptional flexibility. The combined eight-unit configuration provides operational efficiencies while maintaining the appeal of smaller residential properties.

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Detail Ic Property Details

Property Type : Residential Income

Price : $4,300,000

AD Id : 84713682

MLS Id : NP26128800

Beds : 3

Lot Size : 12,196 Sqft

Living Area Size : 5,472

Year Built : 1961

Garage : 8

County : Orange

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Interior Features

    Fireplace: None
  • Cooling Features

    None Air Conditioning

    Heating Source

    Wall Furnace Has Heating

    Fireplace

    Fireplace Features: None Has Fireplace: 0

  • Building Information

    Year Built: 1961 Building Area Total: 5,472
  • Pool Features

    None

    Laundry Features

    Common Area

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.28
  • Lot Size Source: Assessor Lot Size Square Feet: 12196

  • Listing Price Information

    Original List Price: 4,300,000 Listing Contract Date: 2026-06-12
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 42618203

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C5 - East Costa Mesa Directions: Newport Blvd. to E. Bay St. Source Property Type: Residential Income Area: C5 - East Costa Mesa Property SubType: Quadruplex
  • Building and Construction

    Property Age: 65 Common Walls: No Common Walls Structure Type: Quadruplex Year Built Source: Assessor Entry Level: 1 Entry Location: 2 levels of entry
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
135 Del Mar, Costa Mesa, CA, 92627 $1,600,000 4 2 1,326 1,326 SqFt
1124 Victoria, Costa Mesa, CA, 92627 $2,195,000 3 3 3,449 3,449 SqFt

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ByOwner last updated this listing 06/15/2026 @ 14:18

MLS: NP26128800 LISTED BY: Erik Rettberg, D E Properties 949-645-8711 SOURCE: CRMLS

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