5-Unit Cottage-Style Apartment
131 E 21st Street, Costa Mesa, CA 92627
For Sale
$3,490,000
A five-residence property with private outdoor areas, enclosed garages, and separately metered gas and electricity.
Property Size3,704 SF
Lot Size0.36 Acres
Price / SF$942.22
Days on Market160
Property Features for 131 E 21st Street
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Site & Location
Highway Access
Utilities to Site
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Amenities
in-unit washer/dryer hookups
private yards
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Gerard Properties Inc.
(714) 345-4223
Listed By:
Scott Gerard · License #01004111
Source:
Vasuteam
Added: Jun 3
Changed: Nov 8
Last Checked: Nov 8 at 5:43PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gerard Properties Inc.
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Investment Insights
Based on property information with market context.
Built in 1961, this five-unit apartment property spans a 15,746-square-foot lot and contains 3,704 square feet of improvements. The site is arranged in a cottage-style configuration: a detached two-bedroom, one-bath home sits at the front, with four units in two buildings behind it. Private yards, patios, or other outdoor areas serve the residences. Parking amenities include six enclosed garages, five with automatic openers, plus off-street parking for approximately eight vehicles.
Gas and electricity are separately metered, and each residence has its own water heater. The property is in Eastside Costa Mesa, with access to Newport Boulevard and the 55 Freeway. Newport Beach, employment centers, shopping, dining, and coastal recreation are identified in the property information as nearby destinations.
Gas and electricity are separately metered, and each residence has its own water heater. The property is in Eastside Costa Mesa, with access to Newport Boulevard and the 55 Freeway. Newport Beach, employment centers, shopping, dining, and coastal recreation are identified in the property information as nearby destinations.
Key Highlights
- Five residences across three residential buildings
- 15,746‑square‑foot lot with 3,704 square feet of improvements
- Detached front home has 2 bedrooms and 1 bathroom
Property Analytics
Who owns this building?
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Lease Details
5
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,355
Businesses Nearby
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Business Placement
Demographics for 92627, CA
61,764
Population
23,286
Households
2.7
Avg Household Size
36
Median Age
42%
College-Educated
85%
High-School Grad
6.4 sq mi
ZIP Area
9,651
Density / Sq Mi
$105,039
Median Household Income
$49,236
Median Earnings
$2,299
Median Rent
$1,074,900
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in Orange County, CA
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Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - A five-residence property with private outdoor areas, enclosed garages, and separately metered gas and electricity.
Where is this apartment building located?
The property is located at 131 E 21st Street Costa Mesa, CA.
What is the asking price?
The asking price for this property is $3,490,000.
What are key features of this property?
This property features: Five residences across three residential buildings; 15,746‑square‑foot lot with 3,704 square feet of improvements; Detached front home has 2 bedrooms and 1 bathroom
