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    Eastside Costa Mesa Investment Opportunity Title is generated by Realmo AI

    308 E 18th St, Costa Mesa, CA 92627

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    For Sale
    $4,100,000

    High-yield investment property with potential for institutional or recreational use.

    Type:Investment
    Property size:
    3,039 SF
    Lot size:
    0.20 Acres
    Price / SF:
    $1,349/SF
    Added:
    Apr 24, 2026
    Days on Market:
    50
    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

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    Listing Contact
    Alice Schroeder
    Alice Schroeder

    Listing agent Alice Schroeder

    Listing office

    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

    HighLights

    • 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.
    • Prime Eastside location with immediate access to 17th St amenities, Mariners Elementary zone, and Hoag Hospital/Newport medical hubs.
    • Open‑concept chef’s kitchen with Thermador appliances and quartz social island, suitable for high‑end nutritional programming.
    • Potential to scale room count and resident capacity through city‑approved reconfigurations.

    Overview

    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

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Daycare Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    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

    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.
    More about this property
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