Active

136 E Bay

Costa Mesa, CA 92627
Mark as Favorite
Bed 3

Bed

Bath 2

Bath

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 c ode 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.

Read More Expand

Detail Ic Property Details

Property Type : ResidentialIncome

Price : $3,900,000

AD Id : 84713682

MLS Id : NP26128800

Beds : 3

Lot Size : 12,196 Sqft

Year Built : 1961

Garage : 8

County : Orange

Subdivision: Fallbrook

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Cooling: None

  • Building Information

    Year Built: 1961
    Building Area Total: 5472
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 12196 Lot Size Acres: 0.28 Lot Size Source: Assessor Lot Size Square Feet: 12,196 Lot Description: NoLandscaping

    Property Information

    Subdivision: Eastside Central (ECCM) Source Property Type: ResidentialIncome Property SubType: Quadruplex Property Age: 65

  • Listing Price Information

    Listing Price: $3900000
    Original Price: $4300000
    Conventional

  • Tax Information

    Parcel Number: 42618203 Tax Lot: D

  • Parking Information

    Parking Total: 13

    Garage Information

    Has Garage: Yes Garage Space: 8

  • Location Information

    Direction: Newport Blvd. to E. Bay St. WaterSource: Public
Sell a home like this and save $233,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2209 Elden Avenue, Costa Mesa, CA, 92627 $2,499,000 4 5 --
1578 San Bernardino, Costa Mesa, CA, 92627 $3,500,000 4 5 4,000 4,000 SqFt
635 Plumer, Costa Mesa, CA, 92627 $1,700,000 5 4 2,562 2,562 SqFt
753 Scott Place, Costa Mesa, CA, 92627 $1,395,000 4 2 1,853 1,853 SqFt
1124 Victoria, Costa Mesa, CA, 92627 $2,195,000 3 3 3,449 3,449 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 08/01/2026 @ 13:03

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

Homes around $3,900,000

Selling? Save $233,501 when you sell a home like this

Tour with a ByOwner Agent