$3,395,000
- Beds
- Unknown
- sq ft
- Unknown
984 El Camino Dr, Costa Mesa, CA 92626
984 El Camino Dr
Costa Mesa, CA 92626
- 32 days on market
- Price drop $55,000↓
984 El Camino Drive is a premier investment opportunity in the sought-after Mesa Del Mar neighborhood of Costa Mesa, CA. This pristine, turnkey property received an infusion of approximately $1.3 million in 2023, encompassing a full exterior renovation and complete interior remodel. Each unit was upgraded with modern, high-end finishes, offering residents top-quality living spaces. Many units feature brand-new in-unit laundry machines, and all are equipped with new air conditioning, heating systems, microwaves, ceiling fans, stainless steel appliances, sinks, and more. The property also offers excellent parking options, with four garages, spaces for four vehicles in front of the garages, and five additional open spots, providing an impressive 2:1 parking ratio. With a 5.1% cap rate based on current rents, this asset presents a compelling opportunity for investors looking for a turnkey property with solid, immediate cash flow potential.
Details
Property type
Apartment
Lot size
7,405 sq ft
Price per sq ft
Unknown
Year built
1964
Price History
03/13/2025

CRMLS #PW25046836
Price change
$3,395,000
-1.59%
03/03/2025

CRMLS #PW25046836
Listed
$3,450,000
-1.4%
10/15/2024

CRMLS #OC24142557
Removed
$3,499,000
Schools & Community
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Curbs, Sidewalks
Community features:
Curbs, Sidewalks
Status: Active
Tomo last checked: 04/04/2025 at 2:20 AM
Listing updated: 03/12/2025 at 6:00 PM
Listed by: Rick Applebaum, Rick Applebaum, Morgan SkenderianMorgan Skenderian Phone #: (949) 251-8800
MLS: CRMLS #PW25046836

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