735 W 18th St Costa Mesa, CA 92627
Westside Costa Mesa NeighborhoodEstimated payment $10,868/month
Highlights
- Hot Property
- Property is near public transit
- Laundry Facilities
- Horace Ensign Intermediate School Rated A
About This Home
First time on the market in over 35 years! Don't miss this rare opportunity to own a well-maintained, income-producing 4-unit property in one of Costa Mesa's most sought-after rental markets. This desirable fourplex features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, all currently occupied on month-to-month leases, offering immediate rental income with exceptional future upside. The property also includes a 4-car alley-loaded garage, adding valuable parking and potential income opportunities. Ideally located near shopping, dining, beaches, parks, and major freeways, this is a prime investment for seasoned investors, owner-occupants, or buyers looking to build long-term wealth in a high-demand coastal community. Opportunities like this rarely come to market—schedule your private tour today!
Listing Agent
Keller Williams Legacy Brokerage Phone: 714-651-8830 License #01902377 Listed on: 08/01/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1960
Lot Details
- 6,098 Sq Ft Lot
- Two or More Common Walls
Parking
- 4 Car Garage
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 2,512 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Location
- Property is near public transit
Listing and Financial Details
- Tax Lot 3
- Tax Tract Number 3102
- Assessor Parcel Number 42405203
- $1,985 per year additional tax assessments
Community Details
Overview
- 4 Units
- Westside Costa Mesa Central Subdivision
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 1 Separate Water Meter
- Net Operating Income $92,868
3D Interior and Exterior Tours
Floorplans
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $8,156 | $609,879 | $495,597 | $114,282 |
| 2024 | $8,156 | $597,921 | $485,879 | $112,042 |
| 2023 | $7,872 | $586,198 | $476,352 | $109,846 |
| 2022 | $7,484 | $574,704 | $467,011 | $107,693 |
| 2021 | $7,140 | $563,436 | $457,854 | $105,582 |
| 2020 | $7,072 | $557,659 | $453,159 | $104,500 |
| 2019 | $6,948 | $546,725 | $444,274 | $102,451 |
| 2018 | $6,821 | $536,005 | $435,562 | $100,443 |
| 2017 | $6,709 | $525,496 | $427,022 | $98,474 |
| 2016 | $6,568 | $515,193 | $418,649 | $96,544 |
| 2015 | $6,498 | $507,455 | $412,361 | $95,094 |
| 2014 | $6,348 | $497,515 | $404,283 | $93,232 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/01/2026 08/01/26 | For Sale | $1,850,000 | -- | $736 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | United Title Company |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $450,000 | New Conventional | |
| Closed | $615,000 | New Conventional | |
| Closed | $665,000 | Fannie Mae Freddie Mac | |
| Closed | $310,000 | Purchase Money Mortgage |
About the Listing Agent
Hi, I’m Luis “Red” Anaya, a trusted Orange County real estate professional committed to helping buyers, sellers, and investors succeed with clarity and confidence.
With years of hands-on experience, I bring both professional and personal insight to every transaction. I’ve personally acquired 37 rental properties, which allows me to advise my clients from a true ownership and investment perspective. I understand how to identify opportunity, manage risk, and create long-term value—not just
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Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW26168154
APN: 424-052-03
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Ask me questions while you tour the home.