E. 17th Place

This cashflowing asset is tucked just behind the electric pulse of OC’s “it place” - 17th Street. This Eastside Costa Mesa location doesn’t just check boxes — it defines lifestyle. Locals here aren’t just residents; they’re tastemakers who NEED to live here. Think third-wave coffee shops, design-forward boutiques, and chef-driven eateries, all within walking distance. It's a neighborhood where surfboards share garage space with stylish startups. This part of Costa Mesa carries a distinct, effortlessly cool grit — a mashup of laid-back beach culture and urban sophistication. You’re minutes from Newport’s sandy stretches and a short ride to luxury lineups at South Coast Plaza and Fashion Island, but it’s the Eastside's raw creative energy and vibe that keeps people planted. For multifamily investors, this isn’t just a hot zip code — it’s a long play in a neighborhood that’s only going up. With constant demand, Eastside Costa Mesa isn’t up-and-coming…it has already arrived and has places to be!This is the kind of building people recognize — and talk about! Welcome to 22 units across two contiguous parcels in the heart of Eastside Costa Mesa’s coolest corridor. This is the one people point at and say, “WOW, that’s your building?” Yeah. That one. Split between 313 and 325 E. 17th Place (with separate APNs), it’s the perfect set up for a cashcow — six 1-bed/1-bath units and sixteen 2-bed/1-bath units, with a courtyard-centered, two-story garden style that feels like classic SoCal but with the right upgrades in all the right places. 80% of the units have been updated — laminate floors, modern touches — while keeping the long-term upside baked in that you can only find in the Eastside. Systems and mechanicals? Check! Copper plumbing repipe. Roof replaced within the last 10–15 years. Termite tented about 5 years ago. Plus, individual water heaters for every unit (not a small upgrade) and separate gas and electric meters for each unit. On-site parking includes 8 garages and 10 additional spaces, a huge plus in this area. This is a cashflowing asset with curb appeal, street cred, and upside — a pride of ownership property that savvy investors want in their portfolio, not just for returns, but for reputation.