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1124 Victoria St
Costa Mesa, CA 92627 Westside Costa Mesa

$2,325,000 USD

Apartments For Sale  •  3,449 SF

Property Details

  • Property Type Apartments
  • Total Building Size 3,449 SF
  • Lot Size 0.3 AC
  • Building Class C
  • Year Built 1961
  • Cap Rate 4.25 %
29 Transit Score
73 Walk Score

Highlights

Premier Costa Mesa Location & Close Proximity To Major Lifestyle Destinations Including The Triangle Square, OC Fair & Event Center, & More
Attractive Unit Mix: (2) Single-Story 3 Bed/ 2 Bath Units & (2) Studio Units
Recent Unit Upgrades & Renovations / Strong Rental Upside Potential
Expansive Lot With Potential ADU Opportunity
Ample On-Site Parking With Covered Carports
Private Patios & Balconies

Financial Summary (Actual)

Net Operating Income: $98,744 USD (2025)
Cap Rate: 4.25 %
Total Expenses: $37,444 USD

Public Transportation

AirportDriveWalkDistance
John Wayne/Orange County 10 min - 5.5 mi
Long Beach (Daugherty Field) 28 min - 20.6 mi
Los Angeles International 52 min - 39.4 mi
Greg Bassirpou 714-608-3255 Marcus & Millichap
Greg Bassirpou 714-608-3255 Marcus & Millichap