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365 W Wilson St
Costa Mesa, CA 92627 Westside Costa Mesa

$14,650,000 USD

Apartments For Sale  •  29,374 SF

Property Details

  • Property Type Apartments
  • Total Building Size 29,374 SF
  • Lot Size 1.27 AC
  • Building Class C
  • Year Built 1969
  • Cap Rate 4.73 %
  • Zoning R3
44 Transit Score
77 Walk Score

Highlights

Desirable unit mix, one and two-bedroom floor plans, including select units with private patios.
24 units upgraded with differing levels of finishes including vinyl flooring, granite or quartz countertops, modern lighting fixtures, and more.
Gated access, swimming pool, built-in BBQs, on-site laundry, and ample parking.
Near-market rents with additional value available through further renovations.
Walkable location near parks, schools, and daily conveniences.
Near Gray Plaza and Harbor Center, anchored by Mercado González Northgate Market.

Financial Summary (Actual)

Net Operating Income: $692,407 USD (2025)
Cap Rate: 4.73 %
Total Expenses: $396,212 USD

Amenities

  • 24 Hour Access
  • Balcony
  • Controlled Access
  • Courtyard
  • Dishwasher
  • Laundry Facilities
  • Microwave
  • Picnic Area
  • Property Manager on Site
  • Spa
  • Gated
  • Grill
  • Granite Countertops
  • Refrigerator
  • Range
  • Walk-In Closets
  • Carpet

Public Transportation

Commuter RailDriveWalkDistance
Tustin (Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 14 min - 8.7 mi
AirportDriveWalkDistance
John Wayne/Orange County 8 min - 3.5 mi
Long Beach (Daugherty Field) 28 min - 21.2 mi
Los Angeles International 52 min - 40.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 17
Type: Surface
Included in Rent: Yes
Tyler Leeson 714-713-9086 Marcus & Millichap
Tyler Leeson 714-713-9086 Marcus & Millichap