$4,100,000

308 E 18th Street, Costa Mesa, CA 92627

  • 4 beds
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon8,507sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

Unlock an extraordinary high-yield investment in the heart of Eastside Costa Mesa. Positioned within a rare zoning niche that favors Institutional and Recreational use, this property offers a "blue ocean" opportunity for operators of luxury Residential Assisted Living or "Senior Live-in-Place" facilities. This is a rare chance to secure a strategic asset in a market where demand for high-end, modern care significantly outstrips supply. The estate is already equipped with built-in ramps and a layout optimized for mobility, drastically reducing the "speed to market" for licensing and initial setup. With over 3,000 square feet of interior space and an oversized 8,500+ sq. ft. lot, the property is a canvas for growth. Operators can leverage the massive footprint to scale room count and resident capacity through city-approved reconfigurations. Luxury Standards for High-Tier Pay To command the highest monthly "in-home pay" rates in Orange County, a facility must project prestige. This property delivers a "turn-key" luxury experience: A reimagined kitchen featuring Thermador appliances, sleek quartz surfaces, and a massive social island, perfect for professional nutritional programming and high-end meal service. Fresh, wide-plank flooring, high-end fixtures, and contemporary linear fireplaces move away from the traditional care, creating a warm, resort-style atmosphere. The expansive second-story suite, featuring a steam shower and soaking tub, offers a private retreat for an on-site owner/operator or can serve as a VIP resident suite. Located just minutes from the Newport Back Ba

Listing Status:
Active
Date Added:
January 22, 2026
Data Last Updated:
May 20, 2026 at 7:13PM
Listing Office:
Pacific Sotheby's Int'l Realty : 949-554-1200
Listing Agent:
Alice Schroeder : 949-357-0099
MLS ID:
OC26031727
  • Pool: N/K
  • HOA Amenities: 0.0
  • Originating MLS: California Regional MLS
  • County: Orange
  • Zoning: Assessor11725135
  • Source: California Regional MLS

This listing courtesy of Alice Schroeder , Pacific Sotheby's Int'l Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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