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Listed by Tyler Leeson • Marcus & Millichap RE Invest
$ 14,650,000
Est. payment /mo
Active
365 W Wilson Street Costa Mesa, CA 92627
29,374 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 29,374 sqft
Price per Sqft $498
MLS Listing ID CROC25270919
HOA Y/N No
Year Built 1969
Lot Size 1.270 Acres
Property Sub-Type Other
Source Datashare California Regional
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 González Northgate Market. The property is minutes fr
Location
State CA
County Orange
Interior
Fireplace No
Laundry Common Area
Building
Lot Description Level
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