184 E 21st St Costa Mesa, CA 92627
Eastside Costa Mesa NeighborhoodHighlights
- 0.86 Acre Lot
- Cooling System Mounted To A Wall/Window
- 1-Story Property
- Heinz Kaiser Elementary School Rated A
- Laundry Room
About This Home
First time on market in 37 years! 184 E 21st Street is a rare opportunity to acquire a 10-unit multifamily property in Eastside Costa Mesa, one of Orange County’s most sought-after submarkets. This opportunity features (10) spacious 3-bed/2-bath units. Additionally, each unit comes with an attached 1-car garage and exterior on-site parking spaces, enhancing tenant demand and providing additional income potential. Situated in Eastside Costa Mesa, residents enjoy quick access to Newport Beach, Hoag Hospital, a plethora of dining options, and Triangle Square, placing it at the heart of premier employment and lifestyle amenities. The area’s strong renter demand and limited new supply continue to drive consistent long-term growth. The property is also in very close proximity to various freeways, allowing convenient transit for tenants. There is an ability to further enhance yield with the implementation of a RUBS system to minimize the expense for water and trash. This combination of strong rent growth, long term appreciation, and a prime location makes 184 E 21st Street a standout investment in today’s Orange County multifamily market.
Listing Agent
Nara Advisors Brokerage Phone: 9493079469 License #02062988 Listed on: 10/14/2025
Property Details
Home Type
- Apartment
Year Built
- Built in 1961
Lot Details
- 0.86 Acre Lot
- No Common Walls
Parking
- 7 Open Parking Spaces
- 10 Car Garage
Home Design
- Entry on the 1st floor
Interior Spaces
- 11,520 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Additional Features
- Exterior Lighting
- Cooling System Mounted To A Wall/Window
Listing and Financial Details
- Tax Lot 252
- Tax Tract Number 1
- Assessor Parcel Number 42613122
Community Details
Overview
- 5 Buildings
- 10 Units
Building Details
- 10 Separate Electric Meters
- 10 Separate Gas Meters
- 5 Separate Water Meters
- Gardener Expense $2,400
- Insurance Expense $14,400
- Professional Management Expense $17,078
- Trash Expense $5,652
- Water Sewer Expense $5,652
- Operating Expense $140,164
- Gross Income $426,955
- Net Operating Income $286,792
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $29,048 | $2,078,391 | $1,604,400 | $473,991 |
| 2024 | $29,048 | $2,037,639 | $1,572,941 | $464,698 |
| 2023 | $36,394 | $2,819,543 | $2,315,140 | $504,403 |
| 2022 | $26,374 | $1,949,664 | $1,505,030 | $444,634 |
| 2021 | $25,198 | $1,911,436 | $1,475,520 | $435,916 |
| 2020 | $24,815 | $1,891,837 | $1,460,390 | $431,447 |
| 2019 | $24,239 | $1,854,743 | $1,431,755 | $422,988 |
| 2018 | $23,736 | $1,818,376 | $1,403,681 | $414,695 |
| 2017 | $23,371 | $1,782,722 | $1,376,158 | $406,564 |
| 2016 | $22,913 | $1,747,767 | $1,349,174 | $398,593 |
| 2015 | $22,701 | $1,721,514 | $1,328,908 | $392,606 |
| 2014 | $22,224 | $1,687,792 | $1,302,876 | $384,916 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/14/2025 10/14/25 | For Sale | $8,350,000 | -- | $725 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25239787
APN: 426-131-22
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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Ask me questions while you tour the home.