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Costa Mesa Landlords - Multifamily Real Estate Market Update

Included below is your market update for Costa Mesa multifamily real estate including, duplexes, triplexes, 4plexes and 5+ multifamily in 92627 and multifamily in 92626. You will find all active, in escrow and closed sales from the past 3 months. If you would like more information on any of these Costa Mesa Multifamily real estate listings, just click the "Request More Information" button when viewing the details of that property. We can provide you with disclosures, past sales history, dates and prices of buildings recently sold nearby, and more.

And, if you haven't already, be sure to register for a free account so that you will be the first to receive the Costa Mesa Multifamily Market Update from Christian Walsh and WIRE Associates. Also, be sure to subscribe to our weekly Orange County Market Update email newsletter.

We've also included a link to view important blog posts for Costa Mesa, CA landlords.

Important Information for Landlords in Costa Mesa

Can't Pay Rent for May???
Can't Pay Rent for May? Here is a guide for tenants and landlords when some or all of the rent for May can't be paid due to COVID-19. There have been some big changes (and some things remain the same) since our last video update a month ago. Watch now if you can't pay for May...
Can't Pay Rent for June 2020 Due to Pandemic? - Guide for Tenants and Landlords
Can't Pay Rent for June 2020 Due to Pandemic? - Guide for Tenants and Landlords There are still plenty of people who won't be able to pay some or all of the rent in June due job loss or income reduction because of the COVID-19 pandemic. Is there an eviction moratorium in California? Can there be an eviction in California during the pandemic? Here is a guide for tenants and landlords on how to handle a rent shortage for the month of June, when the tenant says, “I can’t pay rent.” Request rent forbearance
Tenants not paying rent and California Rent Control Bill (AB1482) - breaking the law??
Landlords and tenants working together in California to come up with a mutually beneficial solution to help a tenant get back on financial footing may unintentionally end up breaking the law! If the tenant can't pay rent, this important update explains how the statewide rent cap provision in California rent control bill AB1482 could lead to issues down the road, plus we explain the "bonus" issue (as if we needed that) in using the Consumer Price Index as a metric. Tune in for solutions!
How's the Newport Beach Vacation Rental Market?
Which way to the beach? Now that the nice SoCal summer weather is starting, I bet you're wondering how the Newport Beach vacation rental market is doing during COVID-19. We put on our beach best to deliver this surprising market update.
10 Tips to Leasing during COVID 19!
Landlords, here are 10 Tips for leasing during COVID-19 season! If you have a current vacancy or one coming soon for your home, condo or apartment, here's what you need to know to get it leased during these crazy days! It's very different from ever before...
1031 Exchange deadlines just changed. What you need to know!!!! ??
Know anyone in a 1031 Exchange or getting ready to go into one? Here is everything you need to know about the recent extension for 1031 Exchange deadlines. Stick around to the end to learn another important opportunity that investors use to defer taxes on capital gains.
Big Eviction Update for California Tenants and Landlords
All California landlords and tenants need to know more about this big eviction update...watch now to see how the eviction process is changing for the foreseeable future. Here's a link to all 11 emergency temporary rules put into place by the California Judicial Council, we specifically discuss rules #1 and #2: https://jcc.legistar.com/View.ashx?M=...
Rent Forbearance Form for Landlords and Tenants ??
If you've been watching our videos, we told you that we'd create this important document and we did! Here is a sample Rent Forbearance Form for Landlords and Tenants. It's vital that both parties document in writing the rent forbearance plan during these crazy times. We give you a quick rundown on how to use the form. You can use the link below to download a fully customizable version. To request a copy of the form that is fillable click this link http://eepurl.com/gYs9pr
How to avoid AB 1482, California Rent Control Bill!
Attention landlords, want to avoid the California Rent Control Bill (AB1482) for rental properties? In this video, we share 3 ways to avoid the legislation! Bonus: become a newsletter subscriber and you'll exclusively learn 2 additional ways to avoid it....subscribe to our newsletter now! https://mailchi.mp/2a9389c58bcc/ab1482
California Rent Control Bill AB 1482 - What Every Tenant Needs to Know - "Rent Cap" Law
Everything tenants need to know about California Rent Control Bill AB 1482! Learn how the Tenant Protection Act of 2019 protects you, including how to tell if a property is exempt, how much rent can be increased and relocation fees. This statewide law is in effect from 1/1/2020 and runs for the next 10 years...
Updates to California Evictions during the Pandemic - June 2020
It's time for another update on the eviction process for California during COVID-19. Newsom’s executive orders related to California evictions and, ultimately, Orange County evictions were set to expire on 5/31/2020. There’s also the California Judicial Council’s moratorium on the eviction process for California. Are these still in place? Can you file an unlawful detainer in Orange County? We give answers to the current status of California evictions. Research local eviction regulations: https://www.no
Zillow Rental Manager is no longer free for landlords
Landlords often ask us, “what does Zillow Rental Manager cost to post a vacant house or rental?” Zillow Rental Manager is one of the top tools for rental ads posting for landlords and rental listings by owner. It was free up until the recent big announcement: Zillow Rental Manager will now have a weekly fee. So whether you're looking for a Zillow Rental Manager review or Zillow Rental Manager tutorial, it’s important to first watch this update for 3 top tips for landlords now that Zillow is no longer th
Dramatic upcoming legislation for California landlords and tenants
All California landlords and tenants need to know about this upcoming legislation, including Assembly Bill 3260 (AB 3260) related to nonpayment of rent during the COVID-19 pandemic. Do you have tenants who can’t pay rent due to the pandemic? This bill will prevent evictions of tenants who can’t pay due to coronavurus and will also limit being able to go after the residents for nonpayment of rent. Additionally we touch on the important, upcoming deadlines for Assembly Bill 1482 (AB 1482). If California lan
Financial Help for Landlords and Tenants - Apply for this!
Landlords, looking for grants for rental property owners? Renters, looking for rent relief for tenants? Most landlords and tenants don’t realize that they can apply for the Paycheck Protection Program (PPP) loan from the SBA and receive free money for landlords and free money for tenants. It’s PPP for real estate. We've talked to many people who don’t realize that a landlord can apply for the PPP loan and many tenants who don’t know that being a freelancer or gig worker may allow free money for renters that
Can't Pay Rent Due to Coronavirus? Guide for Tenants and Landlords - July 2020
What if tenants won't be able to pay some or all of the rent in July due job loss or income reduction from the COVID-19 pandemic? What can a landlord do for renters who can’t pay rent due to coronavirus? What can a renter do if they can’t pay rent to coronavirus? Is there an eviction moratorium in California? Can there be an eviction in California during the coronavirus pandemic? Here is a guide for tenants and landlords on how to handle a rent delay for the month of July, when the tenant says, “I can’t pay
Home Improvement and Return on Investment (ROI)
Looking for the best return on investment for home remodeling? We cover the top 3 home improvements that increase value, but are these the best home improvements to increase value for you? Asking which home improvement return on investment might be the wrong question depending on your needs and if you’re selling real estate or buying real estate. Are you allowed to dream big on remodeling projects? You might ask: Should I put in a pool? Should I put in a home theater or home gym? Should I do an expensive
Is the Luxury Real Estate Market Crashing for your OC Mansion
Is the luxury market crashing in Orange County? In our last video, the Orange County real estate market update with the latest Orange County housing prices and statistics for June 2020, we established that June was a great month for Orange County housing. But does this mean that all price ranges - including OC mansions and luxury condos in Orange County - are experiencing the same increase? What is the latest Orange County luxury real estate news for your California mansion? Are luxury homes selling as fast
Can my landlord make me move during coronavirus? Guide for tenants and landlords
This guide for tenants and landlords in California gives another update on the eviction process for California during COVID-19 and explains when a landlord can ask a tenant to move. Newsom’s executive order related to California eviction laws and Orange County evictions has been extended and there’s also the California Judicial Council’s moratorium on the California eviction process. Are these still in place? Can you file an unlawful detainer in Orange County? We give answers to the current status of Califo
Can't Pay Mortgage in May??
Can't pay your mortgage in May? We offer 6 tips to help you get the forbearance plan - whether it's partial payments or no payments - to help you get your financial footing back. Don't wait ...watch this video then pick up the phone today!
Tenant Can't Pay Rent - New Form for Delayed Rent $!!
This new form replaces the one we created for tenants who paid partial (or no) rent because of COVID-19. While most tenants did pay for April, we may find that in May and June (or beyond) that rent will be delayed. It's very important that all parties document the amount of rent delayed and how it will be repaid...so whether you're a landlord or tenant, please download a copy. Also, we share one important thing missing from the form that you may need to include! Click below for a copy...
Can't Pay Rent due to COVID-19? Guide for tenants and landlords in California
Can't Pay Rent due to COVID-19? This guide is for tenants and landlords in California when the tenant can't pay all or some of the monthly rent due to COVID-19. Let's work together! to request form http://eepurl.com/gYs9pr
Rent Deferral Form for Tenants and Landlords During Coronavirus
What if tenants won't be able to pay some or all of the rent in due job loss or income reduction from the COVID-19 pandemic? What can a landlord do for renters who can’t pay rent due to coronavirus and the tenant is going to delay rental payments? What can a renter do if they can’t pay rent to coronavirus? Here is a guide to the rent deferral form to use for tenants and landlords for a rent delay and rent repayment plan.
What is the PEAD real estate form used for?
What the heck is a PEAD real estate form and when do you need it? We cover what the PEAD form is and how it’s used with California real estate, including all the OC real estate that we sell. During coronavirus, there are strict guidelines to follow for showing California and Orange County real estate and we’ll show you how to fill out the PEAD form. Sign up for our weekly email newsletter here: https://www.wireassociates.com/newsletter/
Can't Pay Rent for August Due to Coronavirus? Guide for Tenants and Landlords
What if tenants won't be able to pay some or all of the rent due to coronavirus in August 2020? What can a landlord do for renters who can’t pay due to a job loss or income reduction from the COVID-19 pandemic? What can a renter do if they can’t pay rent due to coronavirus? Is there an eviction moratorium in California? Can there be an eviction in California during the coronavirus pandemic? Here is a guide for tenants and landlords on how to handle a rent delay for the month of August, when the tenant says
Where to find free legal assistance for evictions: Guide for tenants and landlords
Subscribers and clients often call or message looking for an attorney for landlord tenant issues or free legal advice on eviction. As we’ve said before and will continue to say, “we can’t give tax or legal advice.” This video is a guide for tenants and landlords and details how to find pro bono lawyers for tenants and an eviction lawyer for landlords. But first we give landlords and tenants 5 things needed before starting the search for legal advice on evictions. For tenants, there are many resources for p
Did you miss the deadline for AB 1482, California landlord? What to do!
Hey California Landlord, did you miss the important Tenant Protection Act of 2019 deadlines? According to the Tenant Protection Act of 2019, known as Assembly Bill 1482 (AB 1482) or California Rent Control Bill 2019, there were important deadlines for all California residential rental properties for California landlords to deliver required statutory language with an AB 1482 addendum. Yes, some properties are exempt from this California rent control law, but missing the deadline could put the AB 1482 exempti
Landlords starting California evictions? New, Big Eviction Updates for Tenants and Landlords
Things just changed for California evictions! This updated guide for tenants and landlords in California gives recent news on the eviction process for California during COVID-19. The Judicial Council just made a dramatic ruling on California evictions and the California eviction process for non-payment of rent. Is the California eviction moratorium over? What does this mean for the Orange County eviction moratorium and Los Angeles eviction moratorium? What is the latest update on the Federal eviction morato
Los Angeles & Orange County Housing Market Update - mid-August 2020
We are over halfway through August 2020 and here’s your Orange County real estate market update and Los Angeles real estate market news. How is the recovery in the Orange County real estate market and Los Angeles real estate market? Are OC housing prices and Los Angeles house prices dropping? You won’t believe the numbers for new escrows in OC real estate and LA real estate halfway through August 2020! We also cover the sales number for Orange County multifamily real estate (duplexes, triplexes, 4plexes,
UPDATED: Dramatic upcoming legislation for landlords and tenants in California!
All California landlords and tenants need to know about this upcoming legislation, including Assembly Bill 1436 (AB 1436) and SB 1410 related to nonpayment of rent during the COVID-19 pandemic. Can’t pay rent due to coronavirus? These bills will prevent evictions of tenants who can’t pay due to coronavirus and will also limit being able to go after the residents for nonpayment of rent. We even include a sample COVID-19 Eviction Relief Agreement that SB 1410 allows tenants and landlords to sign. On the Nov
When will the California foreclosure wave come? The exact date here!
We’re fired up on this one and will set the record straight on California foreclosures: so many videos about a housing market crash and real estate crash in 2020 from foreclosures, but so much misinformation! We’ll give you the straight truth and an exact foreclosure timeline for the absolute earliest that California foreclosures will start...and here’s a hint: it isn’t 2020! We first explain the California foreclosure process - including how foreclosure auctions work - then we go through a foreclosure
Can't Pay Rent for September Due to COVID-19? Guide for Tenants and Landlords
This is the most uncertain time since the beginning of the pandemic for California landlords and tenants in the housing market 2020! What if tenants won't be able to pay some or all of the rent due to coronavirus in September 2020? What can a landlord do for renters who can’t pay due to a job loss or income reduction from the COVID-19 pandemic? What can a renter do if they can’t pay rent due to coronavirus? Is the eviction moratorium over in California? Can there be an eviction in California during the c
Los Angeles & Orange County Housing Market Update w/Foreclosure Data - August 2020 - Final Numbers
Now with current foreclosure data! Here’s your Orange County real estate market update and Los Angeles real estate market news now that August 2020 is in the record books. Are prices going to fall in the Orange County real estate market and Los Angeles real estate market? Are OC housing prices and Los Angeles house prices dropping yet? You won’t believe the number of new escrows in OC real estate and LA real estate in August 2020! And we’ll let you know whether the OC real estate market or Los Angeles real
Who can be evicted in California now? Update on AB 3088 Eviction Law for Tenants and Landlords!
Yes, the California eviction moratorium is over now that the COVID-19 Tenant Protection Act of 2020 (Assembly Bill 3088) has passed! What does this mean for the eviction moratorium if you can’t pay rent due to COVID-19? Can a landlord now start an unlawful detainer in California? In our video, we’ll explain what eviction protections that the COVID-19 Tenant Protection Act of 2020 (Assembly Bill 3088) offers for California tenants who can’t pay rent due to COVID-19 and how the California eviction process wor
Beware of Landlord Forms for Free Online!
Trust me, we understand why landlords are searching online for free rental forms to print and ez landlord forms, but landlords need to be very careful! There are too many stories of delivering the wrong notice or using a rental lease agreement template that doesn’t have the correct lease disclosures or lease language. Even if you use a property manager, you need to make sure they have the correct leasing paperwork! We’ll show you what happens when we search online for simple forms: 30 day notice to termin
The latest multifamily activity in Costa Mesa September 21, 2020
38
Listed
77
Avg. DOM
N/A
Avg. $ / Sq.Ft.
$1,650,000
Med. List Price
38 Properties
Page 1 of 4
$1,499,999
Subdivision: Other (Othr)
0.18
Acres
1963
Year Built
4
Days on Site
OC20180203
MLS
Own a nicely upgraded & well maintained duplex in a premier location of Eastside Costa Mesa.Unit 301 has 2 bedrooms+1 bath,is approximately 990 sqft & has newer laminate floors,white shaker kitchen...
Sold
1040 El Camino Drive Costa Mesa, CA 92626
$1,585,000
Subdivision: Costa Mesa Residential Income (Cmri)
0.15
Acres
1964
Year Built
9/15/20
Sold On
PW20101443
MLS
French Tudor 4-plex in desirable Costa Mesa neighborhood has four 3-bedroom, 2 bath units with room to increase rent. Two units were gutted and remodeled in 2009. Two units have private, enclosed...
Sold
712 Shalimar Drive Costa Mesa, CA 92627
$1,420,000
Subdivision: Other (Othr)
0.14
Acres
1962
Year Built
9/12/20
Sold On
NP20109933
MLS
Turnkey four unit investment property located in one of the most desirable rental markets in Orange County. Comprised of (2) 2 bedroom, 1 bath and (2) 1 bed, 1 bath units all with their own private...
Sold
1046 El Camino Drive Costa Mesa, CA 92626
0.16
Acres
1964
Year Built
9/11/20
Sold On
PW20124094
MLS
The El Camino Apartment Homes is a Two Story Garden Style Apartment
located in desirable Costa Mesa, CA. With a mix of all Three Bedroom, Two
Bath units, this asset should appeal to both...
$1,750,000
Subdivision: Other (Othr)
0.19
Acres
1965
Year Built
12
Days on Site
PW20188585
MLS
We are pleased to offer 1582 Coriander Drive, a 4-unit apartment investment opportunity located in the coastal community of Costa Mesa. Located in the highly coveted "Spice Streets" neighborhood of...
$1,595,000
Subdivision: Eastside South (Escm)
0.2
Acres
1948
Year Built
13
Days on Site
NP20176739
MLS
Located in the highly desired Mariners Elementary School District, this property truly maintains the characteristics of Eastside Costa Mesa with its sense of individuality for each unit. This rare,...
0.15
Acres
1970
Year Built
15
Days on Site
OC20176295
MLS
This is an amazing investment opportunity! Your chance to own a very profitable 8 BD/3 BA Residential Care Facility (RCFE) BUSINESS. Located in the Mesa Verde area, the premises are for lease and...
$1,650,000
Subdivision: Westside Costa Mesa South (Wscm)
0.2
Acres
1970
Year Built
19
Days on Site
NP20181871
MLS
Welcome to Downtown Abbey! European Mediterranean Decor. Castle Doors Open to Private Serene Haven with Lion Fountain, Grapevine Covered Oasis with Bistro. Gorgeous Arched Entry Leads to King Arthur...
$1,085,000
Subdivision: Other (Othr)
0.21
Acres
1941
Year Built
26
Days on Site
PW20176888
MLS
Great opportunity in southwest Costa Mesa! Zoned R2-HD which allows for some great options with this large sized lot. This great combination of large lot and zoning may allow for the development of a...
$1,475,000
Subdivision: Other (Othr)
0.14
Acres
1959
Year Built
33
Days on Site
LG20170775
MLS
well maintained multi unit property
in a nice neighborhood
$885,000
Subdivision: Other (Othr)
0.12
Acres
1960
Year Built
38
Days on Site
OC20165605
MLS
Great location overlooking the golf course and near the bike path! This spacious, one-story, Mid-Century style duplex is highly rentable. All the work has been done for you! New Roof 2019. Both units...
$1,980,000
Subdivision: Eastside Central (Eccm)
0.2
Acres
1967
Year Built
39
Days on Site
NP20155236
MLS
Prime Eastside Costa Mesa Location within a Block of Newport Beach, with a Ideally Improved Property Consisting of Three Units Total, One Single Family Detached Home and a Two Story Duplex. The...

Costa Mesa Rental Survey

Included below is your market update for Costa Mesa rental rates. This list includes Costa Mesa rentals that have leased in the past 3 months. Of course, for the most accurate rental rate for the units you own, please reach out to the team at WIRE Associates.

115 Properties
Page 1 of 10
Sold
801 Megan Court Costa Mesa, CA 92626
$5,000 / month
Subdivision: Life Style (Life)
4
Beds
2F13/4
Baths
2,160
Sq.Ft.
1996
Year Built
9/18/20
Sold On
OC20114916
MLS
This 4 bedroom home has an ideal location in the gated community of Lifestyles and is in turnkey condition ready for you. With a full bedroom and bath downstairs and 3 spacious bedrooms upstairs,...
Sold
2048 Garden Lane #B Costa Mesa, CA 92627
$2,675 / month
Subdivision: Eastside Central (Eccm)
2
Beds
1
Baths
954
Sq.Ft.
1969
Year Built
9/18/20
Sold On
NP20188247
MLS
You will feel right at home from the minute you walk into this spacious 2 bedroom, 1 bath lower level unit. Located in Eastside Costa Mesa, this property offers peace and privacy while having easy...
Sold
237 Santa Isabel Avenue Costa Mesa, CA 92627
$6,750 / month
Subdivision: Eastside Central (Eccm)
3
Beds
2
Baths
2,360
Sq.Ft.
1991
Year Built
9/18/20
Sold On
OC20167849
MLS
Looking for a Resort-style Pool home? Wake up to Paradise in the heart of Eastside Costa Mesa, be on vacation every day with a home like this! Stunning single level 3 Bedroom with bonus flex space, a...
Sold
107 Lexington Lane Costa Mesa, CA 92626
$2,600 / month
Subdivision: Monticello Townhomes (Mont)
3
Beds
2
Baths
1,240
Sq.Ft.
1965
Year Built
9/17/20
Sold On
PW20181092
MLS
Great spacious two story home just steps from shopping fair grounds and college. Nice small patio and two car garage. avail now
Sold
2010 Tustin Avenue Costa Mesa, CA 92627
$5,000 / month
Subdivision: Other (Othr)
3
Beds
2
Baths
1,645
Sq.Ft.
1981
Year Built
9/16/20
Sold On
NP20154627
MLS
California single level Dream Home! This home is situated on a corner lot in Eastside Costa Mesa. This highly desirable and sought after neighborhood of Eastside Costa Mesa. This beautiful home...
Sold
3138 Manistee Drive Costa Mesa, CA 92626
$4,000 / month
Subdivision: Mesa North (Meno)
3
Beds
2
Baths
1,514
Sq.Ft.
1976
Year Built
9/15/20
Sold On
PW20184371
MLS
This stunning 3 bed 2 bath home has been completely redone, with all new wood-like tile flooring, A/C, bathrooms, kitchen, and landscaping! There are two separate living spaces with vaulted ceilings...
Sold
445 Gloucester Drive Costa Mesa, CA 92627
$2,500 / month
Subdivision: Cape Series (Eccs)
2
Beds
1F11/2
Baths
1,216
Sq.Ft.
1964
Year Built
9/15/20
Sold On
OC20183502
MLS
Quiet, Small, Park-Like Complex. The home Faces the Pool & Clubhouse and has 2 Bedrooms & 1 Bath Upstairs, Living Room, Kitchen and Powder Room Downstairs. Nice Patio and 2 Car Garage. Light, Open &...
Sold
426 Victoria Street #B Costa Mesa, CA 92627
$2,900 / month
Subdivision: Other (Othr)
3
Beds
3F11/2
Baths
1,702
Sq.Ft.
1992
Year Built
9/15/20
Sold On
PW20177099
MLS
This beautiful unit has a 2 car garage and 3 permitted Parking outside spaces
Sold
201 Ogle Street #A Costa Mesa, CA 92627
$3,225 / month
Subdivision: Eastside Central (Eccm)
4
Beds
2
Baths
1,515
Sq.Ft.
1972
Year Built
9/12/20
Sold On
OC20173175
MLS
Definitely Not Ordinary! This home sits on a corner lot with a huge, fenced, grassy front yard, a private front enclosed entry, and a back patio off of the dining area. Two stories with one bedroom...
Sold
1723 Labrador Drive Costa Mesa, CA 92626
$3,700 / month
Subdivision: Other (Othr)
3
Beds
2
Baths
1,576
Sq.Ft.
1958
Year Built
9/9/20
Sold On
OC20179206
MLS
Located in the highly coveted Mesa Verde area of beautiful Costa Mesa, this home has been remodeled and is now ready for move in! Offering 3 bedrooms and 2 full bathrooms, this single story charmer...
Sold
1533 Sullivan Avenue Costa Mesa, CA 92627
$4,000 / month
Subdivision: Other (Othr)
2
Beds
3F11/2
Baths
1,961
Sq.Ft.
2014
Year Built
9/8/20
Sold On
OC20178023
MLS
Stunning and contemporary Level One community town home is wonderfully located and features a rooftop deck with panoramic views, a main floor bedroom or work space, full bathroom and a two car...
Sold
2142 Orange Avenue Costa Mesa, CA 92627
$3,950 / month
Subdivision: Eastside Central (Eccm)
3
Beds
2
Baths
2,000
Sq.Ft.
1962
Year Built
9/4/20
Sold On
OC20180862
MLS
Mid-century Modern living at its best. Completely remodeled and ready for you to call home. Safely tucked away down a long, private driveway, with plenty of parking, and storage. Light and bright...