Costa Mesa Apartment Complex Sells for $5.5 Million

September 27, 2025 - 00:09

In a notable real estate transaction, a townhouse-style apartment complex in Costa Mesa has been sold for $5.5 million, translating to an impressive $1.1 million per unit. The sale, which occurred on September 5, highlights the ongoing demand for residential properties in this desirable area.

Situated just a short walk from Newport Avenue and approximately one mile from the beach, the complex offers both convenience and accessibility to local amenities. The location is particularly appealing to potential renters and homeowners alike, given the vibrant community atmosphere and proximity to coastal attractions.

As the real estate market continues to thrive in Southern California, this sale reflects the increasing interest in multi-family housing options in coastal regions. Investors are keenly aware of the potential for rental income and property appreciation in such sought-after locales, making properties like this one highly attractive in the current market landscape.