Home | Orange County | Costa Mesa | 92627 | 131 E 21st St
MLS: CROC26116869 | Status: | Price: $3,490,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 15,746 | 1961 |
Rare pride-of-ownership 5-unit investment opportunity located in highly desirable Eastside Costa Mesa. Offered for sale for the first time in approximately 27 years, this well-maintained asset occupies an expansive approximately 15,746 square foot lot and features a unique low-density cottage-style layout with lots of attractive features and benefits. Improvements include a freestanding 2-bedroom, 1-bath residence positioned at the front of the property, along with four additional units located within two separate residential buildings at the rear. Unit mix consists of two 1-bedroom units and two 2-bedroom units. A defining characteristic of the offering is its abundance of private outdoor space. The front residence enjoys a large enclosed front yard with white picket vinyl fence and private rear yard, while each remaining unit benefits from its own yard, patio, or outdoor living area. This residential environment has contributed to strong tenant retention and consistent rental demand over many years. Residents enjoy amenities seldom found in comparable investment properties, including six enclosed garages, five equipped with automatic openers, in-unit washer and dryer hookups, and off-street parking for approximately eight vehicles. One garage is currently leased separatel
| Field | Value |
|---|---|
| MLS # | CROC26116869 |
| MLS Source | California Regional MLS |
| Days on Site | 5 |
| Feature | Details |
|---|---|
| Appliances | Dishwasher, Microwave, Oven - Gas, Oven Range - Gas |
| Cooling | None |
| Heating | Wall Furnace |
| Feature | Details |
|---|---|
| Roof | Shingle |
| Feature | Details |
|---|---|
| Garage/Parking | Garage, Other, Parking Area, Garage: 6 Car(s) |
| HOA Fee | $0 |
Scott Gerard
Gerard Properties Inc.
License #: 01004111
Phone: (714) 345-4223
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | – | – |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Heinz Kaiser Elementary School | public | 3,4,5,6 | 0.49 mi | 8 |
| Woodland Elementary School | public | KG,1,2 | 0.58 mi | N/A |
| Newport-Mesa Adult | public | UG | 0.84 mi | N/A |
| Everett A. Rea Elementary School | public | K-6 | 0.88 mi | 8 |
| College Park Elementary School | public | K-6 | 0.94 mi | 6 |
| Harper | public | KG | 1.00 mi | N/A |
| Pomona Elementary School | public | K-6 | 1.03 mi | 6 |
| Mariners Elementary School | public | K-6 | 1.16 mi | 10 |
| Back Bay High School | public | 9-12 | 1.25 mi | 2 |
| Wilson Elementary School | public | K-6 | 1.41 mi | 2 |
| Newport Heights Elementary School | public | K-6 | 1.49 mi | 10 |
| Maude B. Davis Elementary School | public | K-6 | 1.60 mi | 9 |
| Costa Mesa High School | public | 7-12 | 1.61 mi | 5 |
| Newport Harbor High School | public | 9-12 | 1.70 mi | 9 |
| Coastline Rop School | public | 9-12 | 1.72 mi | N/A |
| Monte Vista High School | public | 7-12 | 1.74 mi | 2 |
| Estancia High School | public | 9-12 | 1.77 mi | 6 |
| Whittier Elementary School | public | K-6 | 1.77 mi | 3 |
| Victoria Elementary School | public | K-6 | 1.78 mi | 6 |
| Eastbluff Elementary School | public | K-6 | 1.81 mi | 9 |
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This listing information is up-to-date as of June 05, 2026. For the most current information, please contact Scott Gerard, (714) 345-4223.