$2,820,000
$2,999,995
6.0%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
7,706 Sqft Lot
SOLD DATE : 10/14/2026
Key Details
Sold Price $2,820,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Subdivision Eastside South (Escm)
MLS Listing ID OC26182296
Sold Date 10/14/26
Bedrooms 2
Lot Size 7,706 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Rare opportunity to acquire a fully occupied and extensively improved fourplex in highly coveted Eastside Costa Mesa. 180 Rochester Street features four matching two-bedroom, one-bath residences, providing an efficient and highly marketable unit mix with immediate rental income from day one. Each residence offers contemporary kitchens and bathrooms, upgraded flooring, doors, recessed lighting, appliances and design-forward finishes. Extensive remodeling and capital improvements completed between 2020 and 2026 include the roof, windows, interior and exterior walls, drain systems, fencing, landscaping, driveway and hardscape, substantially reducing near-term capital needs. Additional features include separate utility metering and a dedicated common laundry room. Parking is exceptional for the area, with a carport providing covered parking for up to seven vehicles and space for nine vehicles onsite in total. The property contains approximately 3,325 square feet of building area on an approximately 7,706-square-foot lot. Located within walking distance of the 17th Street corridor and close to the dining, shopping, recreation, Newport Beach access and lifestyle destinations that define Eastside Costa Mesa. With all four units currently occupied, the property offers a strong existing rent roll, immediate income and compelling long-term upside through future rent growth, continued tenant demand and the enduring value of a scarce four-unit Eastside asset. An ideal opportunity for a 1031-exchange buyer, private investor or long-term owner seeking a turnkey residential income propert
Location
State CA
County Orange
Zoning Public Rec
Direction From Newport Blvd. Turn onto Rochester. Property is on the left side before Orange Ave.
Interior
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 42541507
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
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Co-listed byBrett Bashore • The L3
Bought with Jamie Pirritano The L3

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

