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$ 14,650,000
Est. payment /mo
New
365 W Wilson Street Costa Mesa, CA 92627
3 Beds
1.27 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25270919
Bedrooms 3
Lot Size 1.270 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Pointe Mesa is a 38-unit multifamily community located at 365 West Wilson Street in the highly desirable city of Costa Mesa, California. Built in 1969 on a generous 1.27-acre parcel, the property offers a well-balanced mix of one and two-bedroom floor plans, including multiple units with private patios. Pointe Mesa features a streamlined unit mix of 1 junior one-bedroom, 27 one-bedroom units (12 with private patios), and 10 two-bedroom/one-bath units (5 with private patios). A total of 24 units have been renovated to differing levels with most renovated units featuring vinyl plank flooring, quartz or granite countertops, modern lighting fixtures, ceiling fans, and more. Community amenities include gated pedestrian and vehicle access, a swimming pool, built-in BBQs, on-site laundry, and abundant parking with 36 carport spaces, 17 surface spaces, and 2 garage spaces. The property is stabilized with near-market rents, with modest upside remaining through the continuation of the existing renovation plan. Centrally located in Costa Mesa, Pointe Mesa offers walkable access to Wilson Park, College Park Elementary School, and nearby retail along Harbor Boulevard, including Gray Plaza and Harbor Center, anchored by the popular Mercado Gonzlez Northgate Market. The property is minutes from Triangle Square, Orange Coast College, and the OC Fair & Event Center, with convenient access provided by Harbor Boulevard and State Route 55. With its strong location, renovated interiors, and consistently stable performance, Pointe Mesa represents an attractive opportunity to acquire a well-posit
Location
State CA
County Orange
Zoning Assessor
Direction Cross Streets of West Wilson & Harbor Boulevard
Interior
Fireplace No
Exterior
Pool Community/Common
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 41906103
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Listed by Tyler Leeson Marcus & Millichap RE Invest
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