184 E 21st St

Costa Mesa, CA 92627

$8,350,000
Price
3
Beds
20
Baths
11,520 Sq. Ft.
$725 / Sq. Ft.
11,520
Sq. Ft.
$725
per Sq. Ft.
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Description

First time on market in 37 years! 184 E 21st Street is a rare opportunity to acquire a 10-unit multifamily property in Eastside Costa Mesa, one of Orange County’s most sought-after submarkets. This opportunity features (10) spacious 3-bed/2-bath units. Additionally, each unit comes with an attached 1-car garage and exterior on-site parking spaces, enhancing tenant demand and providing additional income potential. Situated in Eastside Costa Mesa, residents enjoy quick access to Newport Beach, Hoag...First time on market in 37 years! 184 E 21st Street is a rare opportunity to acquire a 10-unit multifamily property in Eastside Costa Mesa, one of Orange County’s most sought-after submarkets. This opportunity features (10) spacious 3-bed/2-bath units. Additionally, each unit comes with an attached 1-car garage and exterior on-site parking spaces, enhancing tenant demand and providing additional income potential. Situated in Eastside Costa Mesa, residents enjoy quick access to Newport Beach, Hoag Hospital, a plethora of dining options, and Triangle Square, placing it at the heart of premier employment and lifestyle amenities. The area’s strong renter demand and limited new supply continue to drive consistent long-term growth. The property is also in very close proximity to the 55, 73, and 405 FWY allowing convenient transit for tenants. There is an ability to further enhance yield with the implementation of a RUBS system to minimize the expense for water and trash. This combination of strong rent growth, long term appreciation, and a prime location makes 184 E 21st Street a standout investment in today’s Orange County multifamily market.
  1. Listed by Sean Toohey • DRE #02172754 • Brokerage DRE #02168226 • Nara Advisors • 949-613-1674
  2. Listed by Christian Espinoza • DRE #02062988 • Brokerage DRE #02168226 • Nara Advisors

Property Details for 184 East 21st Street

Parking Spaces Total
17
Private Pool
No
Cooling Type
Wall/Window Unit(s)
Total Units
10.0
Building Type
Detached
Lot Size Source
Public Records
Living Area
11520
Assessor Parcel Number
426-131-22
LISTING UPDATED: 10/16/2025 03:47 AM

Property Details for 184 East 21st Street

StatusActive
MLS #PW25239787
Days on Market59
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Res Income 2-4 Units
Year Built1961
CountyOrange County

Location

Listing Courtesy of Nara Advisors, Sean Toohey, DRE #02172754; Nara Advisors, Christian Espinoza, DRE #02062988
Add your commute

Building Information for 184 East 21st Street

Building/Complex184 E 21st StFloor-Stories1Residences-Pet Policy-Pet Policy Details-Year Built1961Building Size-

Payment Calculator

$43,760 per month

30 year fixed, 6.28% Interest

Principal and Interest

$41,260

Property Taxes

$2,500

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 184 East 21st Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $440,160
  • Gross Operating Income: $426,955
  • Net Operating Income: $286,792
Expense Details
  • Operating Expense: $140,164
  • Gardener Expense: $2,400
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $14,400
  • Professional Management Expense: $17,078
  • Trash Expense: $5,652
  • Water Sewer Expense: $5,652
  • Total Expenses: $140,164
Tax / Assessment Info
  • Tax Tract Number: 01
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 252
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Buyer to Verify, Unknown
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Cooling: Wall/Window Unit(s)
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Lot Features: Lot 20000-39999 Sqft
  • Number Of Units: 10
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 10
  • Uncovered Spaces: 7
  • Open Other Spaces Total: 7
  • Parking Garage Spaces: 10
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 10
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 10
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $3,668
  • Unit Type Total Rent: $36,680
  • Unit Type Pro Forma: 4300
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 5
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 5

Property History for 184 East 21st Street

DateEvent & SourcePriceAppreciation
Oct 14, 2025

Listed (Active)

CRMLS #PW25239787

$8,350,000—
Sep 26, 2025

Listed (Active)

CLAW #PW25239787MR

$8,350,000—
Sep 26, 2025

Listed (Active)

SDMLS #PW25239787

$8,350,000—
DateEvent & SourcePrice
10/14/2025

Listed (Active)

CRMLS #PW25239787

$8,350,000
09/26/2025

Listed (Active)

CLAW #PW25239787MR

$8,350,000
09/26/2025

Listed (Active)

SDMLS #PW25239787

$8,350,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 184 East 21st Street

Taxable ValueLand$1,604,400Additions$473,991Total$2,078,391
Tax Record2025$30,004 ($2,500 / month)
Home Facts
Beds3Total Finished SqFt1,152 SqFtAbove Grade Finished SqFt1,152 SqFtStories1Lot Size37,515 SqFtStyleSingle Family ResidenceYear Built1961CountyORANGEAPN426-131-22

Schools near 184 East 21st Street

This home is within Newport-Mesa Unified School District.
Rating
School
Type
Grades
Distance
Woodland Elementary School
Public - K to 2
Heinz Kaiser Elementary School
Public - 3 to 6
Horace Ensign Intermediate School
Public - 7 to 8
Newport Harbor High School
Public - 9 to 12
Rating
School
Distance
Woodland Elementary School
PublicK to 2

Heinz Kaiser Elementary School
Public3 to 6

Horace Ensign Intermediate School
Public7 to 8

Newport Harbor High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 184 East 21st Street, Costa Mesa, CA 92627

184 East 21st Street is a multi-family home for sale in Costa Mesa, CA 92627. This property was listed for sale on September 26, 2025 by Nara Advisors, it's currently listed at $8,350,000. This listing's school district is Newport-Mesa Unified School District. Nearby schools include Woodland Elementary School, Heinz Kaiser Elementary School and Horace Ensign Intermediate School. 184 East 21st Street is a 3-bed, 20-bath, 11,520 sqft multi-family home built in 1961.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Nara Advisors, Sean Toohey, DRE #02172754; Nara Advisors, Christian Espinoza, DRE #02062988

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.