998 Mission | MLS #OC26069459 | RE/MAX California & Hawaii

Prime multi-family opportunity in the heart of Mesa Verde! This 1964-built property sits on a 6,970 sq ft lot with approximately 4,065 square feet of building area, zoned R3 for multiple units. Located on a quiet street in one of Costa Mesa’s most desirable neighborhoods, you’re just minutes from the Mesa Verde Country Club, Fairview Park, and easy access to the 405. Strong rental demand, walkable area, and solid bones make this a fantastic value-add or redevelopment play. Whether you’re looking to update the existing units or explore new construction potential, this is a rare chance to own in a proven Costa Mesa location.

Source: CRMLS, MLS#: OC26069459

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Property Type

Residential Income
Lot

0.16 acres

General

Association/HOA

Association: No
Common Interest: None

Income/Expenses

Gardener Expense: 1440.0
Gross Income: 1.0
Gross Scheduled Income: 67236.0
Insurance Expense: 3800.0
Net Operating Income: 38560.0
New Taxes Expense: 22001.0
Operating Expense: 286676.0
Trash Expense: 360.0
Water Sewer Expense: 1075.0

Listing Information

Contingency: Do NOT Disturb Tenants, Drive By Only Please, Call John Kelly 949-233-5574

Building Information

New Construction: No
Year Built: 1964

Location/Region

Country: US
County Or Parish: Orange
MLS Area Major: C4 - Central Costa Mesa
Postal City: COSTA MESA
Subdivision Name: Mesa Del Mar (MDMA)

Community/Development

Community Features: Curbs,Suburban,Sidewalks

Rent/Lease Information

Land Lease: No
Tenant Pays: Cable TV,Electricity,Gas

General Information

Listing Terms: Cash,Cash to New Loan,Submit
Parcel Number: 14166211
Property Sub Type: Quadruplex
Property Type: Residential Income
Rent Control: Yes
Senior Community: No
Special Listing Conditions: Standard

Interior

Parking Information

Garage Spaces: 5.0
Garage: Yes

Building Interior

Building Area Total: 4087.0
Building Area Units: Square Feet

General Information

Common Walls: 1 Common Wall
Electric: Standard
Entry Level: 1
Entry Location: 1 and 2
Fireplace Features: None
Fireplace: No
Foundation Details: Slab
Laundry Features: Laundry Room
Levels: Two
Security Features: Carbon Monoxide Detector(s),Smoke Detector(s)
Spa Features: None
Spa: No
Stories: 2
Stories Total: 2

Exterior

Parking Information

Open Parking Spaces: 6.0
Parking Features: Door-Single,Driveway,Garage,Paved,Garage Faces Rear
Parking Total: 11.0

Lot Information

Additional Parcels: No
Lot Features: Level,Rectangular Lot
Lot Size Acres: 0.16
Lot Size Area: 6970.0
Lot Size Source: Appraiser
Lot Size Square Feet: 6970.0
Lot Size Units: Square Feet
Number Of Buildings: 1
Number Of Separate Electric Meters: 4
Number Of Separate Gas Meters: 4
Number Of Separate Water Meters: 1
Road Surface Type: Paved
Elevation Units: Feet
Water Source: Public

Waterfront/View

Building Exterior/Construction

Architectural Style: Traditional
Construction Materials: Stucco
Direction Faces: South
Property Attached: Yes
Roof: Composition

General Information

Fencing: Wood
Number Of Units Leased: 4
Number Of Units Total: 4
Pool Features: None
Pool Private: No
Road Frontage Type: City Street
Sewer: Public Sewer
Utilities: Cable Available,Electricity Connected,Phone Available,Sewer Connected,Water Connected

Get in Contact

Would you like to know more about this property? We're here to help! Let's connect and find what you're looking for.

Inmar Barrera
REALTOR®
RE/MAX EXECUTIVE
Direct 209-253-3292

Owning this Home

Estimated Monthly Cost

Price

Down Payment

$ %

Loan Length (years)

Interest Rate

* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 998 Mission

Schools

School data courtesy of LiveBy, Inc.

Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date	Event	Value	Agent
5/25/2026Source: CRMLS	Price Reduction	$1,975,000 -6.0%
4/12/2026Source: CRMLS	Added to Database	April 12, 2026

Listing provided courtesy of Seven Gables Real EstateJohn Kelly- MLS# OC26069459

Contact Information: 714-500-3300

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Life at 998 Mission

Schools

History