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Duplex with Private Backyard
New
For Sale
$2,150,000

218 E 16th, Costa Mesa, CA 92627

One residence is occupied, while the other is vacant and available for rent.

Property Size1,800 SF
Days on Market5

Property Features for 218 E 16th

General Information

Standard status Active
Size 1,800 SF
Property subtype Duplex

Additional Details

Multifamily Units 2

Building Details

Building Size 1,800 SF
Year Built 1978
Listing Agency: HomeSmart, Evergreen Realty
Listed By: Tricia Poissonnier · License #01452302
Source: Altamirarealty
Added: Sep 22 Changed: Sep 24 Last Checked: Sep 24 at 2:18PM

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 HomeSmart, Evergreen Realty

Investment Insights

Based on property information with market context.

Built in 1978, this duplex contains two separate 900-square-foot residences. The front unit is rented, and the rear unit is vacant; the rear residence also has a private backyard.

The property sits across from Heller Park and a few blocks from dining and retail along 17th Street. Newport Beach’s Balboa Peninsula is approximately six minutes away.

Key Highlights

  • Two separate units, each measuring 900 square feet
  • Rear unit includes a private backyard
  • Front unit is rented; rear unit is vacant

Property Analytics

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Current Use

Duplexes

Suggested Use

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

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

3,970
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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - One residence is occupied, while the other is vacant and available for rent.
Where is this duplex located?
The property is located at 218 E 16th Costa Mesa, CA.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: Two separate units, each measuring 900 square feet; Rear unit includes a private backyard; Front unit is rented; rear unit is vacant
More about this property
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