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384 E 16th St, Costa Mesa, CA 92627

  • $3,450,000

  • 11

    bed

  • 6

    bath

  • 5,009

    Sqft ($689/Sqft)

Multi-family for sale 11 hours
Movoto is helping 16 homebuyers near you

About 384 E 16th St

Property type Multi-family
Neighborhood
Year built 1953
HOA fee $0/month
Lot size 0.43 Acre
Parking 6 garage spaces
Property description
Tucked into one of Costa Mesa's most walkable neighborhoods, this rare single-story multifamily offering features five bungalow-style units - three detached homes and a duplex. Spacious two- and three-bedroom floorplans average 1,002 SF, each with a private patio/yard and in-unit washer/dryer. The property is well-parked with six garages and open space parking. Recent upgrades completed. Walk to the 17th Street Promenade, minutes to the beach.
Listed by
Listing Agent - Michael O'Neill II
Listing Office - CB Richard Ellis, Inc.
Source: The MLS mls logo
MLS#26872211 • last updated 18 hours ago
Movoto checked The MLS for data 19 minutes ago
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Overview
Levels/Style One
MLS # 26872211
Type Residential Income
Status Active
SqFt 5009
Lot Size (SqFt) 18876
Year Built 1953
Interior
Total # of Baths 6
Total # of Bedrooms 11
Exterior
# Garage Spaces 6
# Parking Spaces 11
Parking Desc Garage, Uncovered
Add'l Structures None
Amenities / Utilities
Equipment None
Location
County Orange
APN UNAVAILABLE
Multifamily Details
Unit 3: Furnished No
Unit 1: Furnished No
Unit 3: Projected Rent 4800
Unit 1: Projected Rent 8000
Unit 1: # Beds 2
Unit 1: Rent 3110
Unit 2: Rent 3125
Unit 3: Rent 3095
Unit 2: Furnished No
Unit 2: Projected Rent 8000
Unit 3: # Beds 3
Unit 2: # Beds 2
Unit 2: # Baths 1
Unit 3: # Baths 2
Unit 1: # Baths 1
Unit 2: Actual Rent 6250
Unit 3: Actual Rent 3095
Unit Type 2106, 2107, 2108
Unit 1: Actual Rent 6220
Total # Of Buildings 4
Net Operating Income 122506
Vacancy Rate 3%
Gross Income 190044
Gross Operating Income 184441
Gross Rent Multiplier 18.15
Total Annual Expenses 61934
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8/10
Newport Harbor High School
public Grades 9-12
Newport-Mesa Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • CA
  • Orange County
  • Costa Mesa
  • 92627
  • Eastside Costa Mesa
  • 384 E 16th St

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