291 293 Avocado Street, Costa Mesa, CA 92627

Costa Mesa
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
291 293 Avocado Street,Costa Mesa, CA 92627
$9,595,000
  • - Beds
  • - Baths
  • 18,012 sq. ft.
  • Multi-family
  • Active
Listed by: tyler leeson
Office: marcus & millichap re invest949-419-3200
MLS#:OC26091598
Source:CRMLS

Price summary

  • Price:$9,595,000
  • Price per sq. ft.:$532.7

About this home

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...

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Home facts

  • Year built:1965
  • Listing ID #:OC26091598
  • Added:62 day(s) ago
  • Updated:June 30, 2026 at 01:18 PM

Rooms and interior

  • Living area:18,012 sq. ft.

Structure and exterior

  • Year built:1965
  • Building area:18,012 sq. ft.
  • Lot area:0.85 Acres
  • Lot Features:Street Level
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$9,595,000
  • Price per sq. ft.:$532.7

Features and amenities

  • Laundry features:Common Area

Parking

  • Total parking spaces:45
  • Parking description:15 Carport Space(s)
  • Garage:Yes
  • Garage spaces:9
  • Carport spaces:15
Based on information from California Regional Multiple Listing Service, Inc. as of June 30, 2026 . 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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