308 E 18th St Costa Mesa, CA 92627
New
High-yield investment property with potential for institutional or recreational use.
Type:Investment
Property size:
3,039 SFLot size:
0.20 Acres- Added:
- Apr 24, 2026
- Days on Market:
- 4
- Last Refresh:
- Apr 24 at 5:55 pm
Property Features for 308 E 18th St
General Information
- Standard status
- Active
- Size
- 3,039 SF
- Lot size
- 0.20 Acres
- Property subtype
- Investment
Building Details
- Year Built
- 1995
Listing agent Alice Schroeder (949) 357-0099
Listing office (949) 357-0099
Listing date Apr 24, 2026
Source Elliman
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 Alice Schroeder
Overview
Eastside Costa Mesa Investment Opportunity
This property presents an investment opportunity in Eastside Costa Mesa, situated within a zoning area that favors Institutional and Recreational Use. The property features 3,039 square feet of living space on an 8,500 square foot lot, offering room for outdoor recreation or potential expansion. It includes an accessible approach ramp and multiple main-level bedrooms and bathrooms. The property also features an open-concept chef’s kitchen with Thermador appliances and a quartz social island. Located in a prime Eastside area, it provides access to 17th St amenities, Mariners Elementary zone, and Hoag Hospital/Newport medical hubs. Operators may be able to scale room count and resident capacity through city-approved reconfigurations. The location has a bike score of 65, indicating it is bikeable, and a walk score of 86, indicating it is very walkable. The transit score is 44, indicating some transit options are available.
Location Intelligence
Current Use by Public Records
Assisted living facilities
Similar Places 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
Location Insight
- Map
- Local Demand
- City
- Costa Mesa
- County
- Orange
- State
- California
- Longitude
- -117.9120752
- Latitude
- 33.6358539
Nearby Similar for Sale
FAQs
What type of property is this?
Assisted living facility - High-yield investment property with potential for institutional or recreational use.
Where is this assisted living facility located?
The property is located at 308 E 18th St 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: Rare zoning favorable for Institutional and Recreational Use, ideal for a scalable business asset with high‑income potential.; **3,039 Sq. Ft. living space on a large 8,500 Sq. Ft. lot**, offering significant room for expansion and increased resident capacity.; Professionally installed accessible ramp and multiple main‑level bedrooms/bathrooms, reducing initial licensing costs for RCFE operators.
