1124 Victoria, Costa Mesa, CA 92627

• 3,449 sqft

Property Description

The Victoria Street Apartments presents a rare opportunity to acquire a well-located, four-unit multifamily investment in the highly desirable, supply-constrained submarket of Costa Mesa within Greater Orange County. Constructed in 1961, the property features a low-density and highly attractive unit mix consisting of (2) spacious, single-story three-bedroom/two-bath units and (2) studios totaling approximately 3,449 square feet. The asset sits on an expansive 13,047 square foot lot, offering strong intrinsic land value and future operational flexibility, including potential ADU opportunities. The property provides a compelling resident experience with desirable amenities, such as ample on-site parking with covered carports, private patios, and balconies - features that enhance tenant appeal and support strong occupancy fundamentals. Select units have undergone recent upgrades and renovations, further strengthening the asset’s competitive positioning. Strategically located near Costa Mesa’s premier retail, dining, and entertainment corridors - and just minutes from Huntington Beach - the property benefits from close proximity to The Triangle Square, the OC Fair & Event Center, the 17th Street Promenade, and Talbert Regional Park. This prime location, combined with the asset’s favorable unit composition and land-to-building ratio, positions the Victoria Street Apartments as a high-quality investment opportunity offering durable demand drivers, rental upside, and meaningful long-term appreciation potential.

Listing Status:

Active

Date Added:

March 2, 2026

Data Last Updated:

May 20, 2026 at 4:17PM

Listing Office:

Marcus & Millichap RE Invest : 949-419-3200

Listing Agent:

Greg Bassirpou : 949-419-3200

MLS ID:

OC26045159

Interior

• Laundry: Washer HookupGas Dryer Hookup

Exterior

• Pool: None
• Parking: Parking spaces: 4

Construction

• General: 2

Location

• Originating MLS: CRMLS_CRM
• County: Orange

Lot

• Zoning: 42204125

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: CRMLS_CRM