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Four-Unit Residential Income Property
For Sale
$2,820,000

180 Rochester Street Costa, Costa Mesa, CA 92627

Fully occupied fourplex with upgraded interiors, separate utility metering, common laundry, and substantial recent capital improvements.

Property Size3,325 SF
Lot Size0.18 Acres
Price / SF$848.12
Days on Market57

Property Features for 180 Rochester Street Costa

General Information

Standard status Active
Size 3,325 SF
Total Parking Spaces 9
Lot size 0.18 Acres
Property subtype Quadruplex
Occupancy 100%

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4

Amenities

common laundry room
Wall Furnace
Dryer
Washer
Composition

Building Details

Year Built 1962
Buildings 1
Stories 2
Tenancy Multi
Listing Agency: The L3
Listed By: Jamie Pirritano · License #02032331
Source: Kw
Added: Aug 22 Changed: Oct 16 Last Checked: Oct 16 at 8:05AM

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 The L3

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Investment Insights

Based on property information with market context.

The property comprises four matching two-bedroom, one-bath residences within an approximately 3,325-square-foot building on an approximately 7,706-square-foot lot. Interior upgrades include contemporary kitchens and bathrooms, flooring, doors, recessed lighting, appliances, and updated finishes. Separate utility metering supports each residence, while a dedicated common laundry room serves the property.

Capital work completed between 2020 and 2026 includes the roof, windows, interior and exterior walls, drain systems, fencing, landscaping, driveway, and hardscape. Parking includes covered carport capacity for up to seven vehicles and nine total on-site spaces. All four units are occupied. The property is at 180 Rochester Street near the 17th Street corridor, with access to nearby dining, shopping, recreation, and Newport Beach.

Key Highlights

  • Four matching two‑bedroom, one‑bath residences; all 4 units are currently occupied
  • Approximately 3,325 square feet of building area on an approximately 7,706‑square‑foot lot
  • Capital improvements completed between 2020 and 2026 include roof, windows, walls, drains, fencing, landscaping, driveway, and hardscape

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage Catering Service Grocery & Convenience Store Daycare Center (Bike/Boat/Book/etc) Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,053
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Fully occupied fourplex with upgraded interiors, separate utility metering, common laundry, and substantial recent capital improvements.
Where is this quadplex located?
The property is located at 180 Rochester Street Costa Costa Mesa, CA.
What is the asking price?
The asking price for this property is $2,820,000.
What are key features of this property?
This property features: Four matching two‑bedroom, one‑bath residences; all 4 units are currently occupied; Approximately 3,325 square feet of building area on an approximately 7,706‑square‑foot lot; Capital improvements completed between 2020 and 2026 include roof, windows, walls, drains, fencing, landscaping, driveway, and hardscape
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