776 W Wilson Street, Costa Mesa, CA 92627

$4,695,000

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List Price
$4,695,000
Status
ACTIVE
MLS#
OC26212352
Year Built
1977
Lot Size
10,018
Acres
0.23
Lot Location
Street Level
Days on Market
0
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels

Property Description

776 West Wilson Street is an eight-unit residential property located in the City of Costa Mesa, California. The property features a rare blend of new construction and renovated product, consisting of four newly constructed 3-bed/2-bath units completed in 2026 and four fully remodeled 2-bed/1-bath units. The four newly constructed units have never been lived in and feature modern interior finishes, multi-zone air conditioning, in-unit laundry, and all-electric systems with individual metering, while the four existing units have been fully remodeled with new dual-pane vinyl windows, PEX plumbing, air conditioning, and in-unit laundry. The property is further enhanced by brand-new roofs (2026), electrical panel upgrades on all eight units, 800-amp service sized for future ADU additions, ABS sewer laterals with no cast iron on site, individual water heaters, an expected 80% water utility reimbursement through RUBS, and grandfathered individual trash cans with no dumpster or haul fees. These features help create a highly functional rental property with modern tenant amenities and a streamlined operating structure. Located in West Costa Mesa, the property offers residents convenient access to Orange Coast College, Fairview Park, and the Newport Beach coastline, as well as the shopping and dining at Triangle Square, South Coast Plaza, and the 17th Street corridor, with easy connectivity to the 55 and 405 freeways.

Additional Information

Pool Description
None
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
8
Gross Scheduled Income
$348,600
Operating Expense
91810

Listing courtesy of Listing Agent: Tyler Leeson (tleeson@marcusmillichap.com) from Listing Office: Marcus & Millichap RE Invest.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.