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Costa Mesa Luxury Estate
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308 E 18th Street, Costa Mesa, CA 92627

High-yield investment opportunity in Eastside Costa Mesa.

Property Size3,039 SF
Lot Size8,500.00 Acres
Price / SF$1,349
Days on Market181

Property Features for 308 E 18th Street

General Information

Standard status Active
Size 3,039 SF
Class A
Total Parking Spaces 8
Lot size 8,500.00 Acres
Property subtype Multifamily
Zoning Assessor
Investment Type Value Add

Building Details

Year Built 1995
Year Renovated 2021
Buildings 1
Stories 2
Units 1
Listing Agency: Pacific Sotheby's International Realty
Listed By: Alice Schroeder · License #01319910
Source: Crexi
Added: Feb 12 Changed: Aug 8 Last Checked: Aug 8 at 6:31AM

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 Pacific Sotheby's International Realty

Investment Insights

Based on property information with market context.

Located in Eastside Costa Mesa, this property presents an investment opportunity. The designer estate spans 3,039 square feet and is situated on an expansive lot exceeding 8,500 square feet. The property's zoning is favorable for Institutional and Recreational use, potentially suitable for luxury Residential Assisted Living or "Senior Live-in-Place" facilities. This property may serve as a strategic asset in a market where demand for modern care exceeds supply.

Key Highlights

  • Strategic investment opportunity in Eastside Costa Mesa with potential for high‑yield returns.
  • Rare zoning allows for luxury Residential Assisted Living or 'Senior Live‑in‑Place' facilities.
  • Demand for high‑end senior care significantly exceeds supply in this market.

Property Analytics

Current Use

Assisted living facilities

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

3,082
Businesses Nearby
Under-served
Demand for This Use

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

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Similar Off Market Nearby

  • Newport Senior Living II 260 E 16th St, Costa Mesa, CA 92627
  • Newport Heights Manor 466 E 16th St, Costa Mesa, CA 92627
  • Cross Creek Cottages 138 E 18th St, Costa Mesa, CA 92627
  • Newport Garden Villa 495 Ogle St, Costa Mesa, CA 92627

Frequently Asked Questions

What type of property is this?
Assisted living facility - High-yield investment opportunity in Eastside Costa Mesa.
Where is this assisted living facility located?
The property is located at 308 E 18th Street Costa Mesa, CA.
What is the asking price?
The asking price for this property is $4,100,000.
What are key features of this property?
This property features: Strategic investment opportunity in Eastside Costa Mesa with potential for high‑yield returns.; Rare zoning allows for luxury Residential Assisted Living or 'Senior Live‑in‑Place' facilities.; Demand for high‑end senior care significantly exceeds supply in this market.
More about this property
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