Homes for sale - 365 W Wilson ST, Costa Mesa, CA 92627

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Ernie Caponera

ernie@newport-properties.com +1(714) 606-0926

$14,650,000

Est. payment - /mo

1 Sqft Lot

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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25270919

HOA Y/N No

Year Built 1969

Lot Size 1 Sqft

Property Sub-Type Apartment

Property Description

Pointe Mesa is a 38-unit multifamily community located at 365 West Wilson Street in the highly desirable city of Costa Mesa, California. Built in 1969 on a generous 1.27-acre parcel, the property offers a well-balanced mix of one and two-bedroom floor plans, including multiple units with private patios. Pointe Mesa features a streamlined unit mix of 1 junior one-bedroom, 27 one-bedroom units (12 with private patios), and 10 two-bedroom/one-bath units (5 with private patios). A total of 24 units have been renovated to differing levels with most renovated units featuring vinyl plank flooring, quartz or granite countertops, modern lighting fixtures, ceiling fans, and more. Community amenities include gated pedestrian and vehicle access, a swimming pool, built-in BBQs, on-site laundry, and abundant parking with 36 carport spaces, 17 surface spaces, and 2 garage spaces. The property is stabilized with near-market rents, with modest upside remaining through the continuation of the existing renovation plan. Centrally located in Costa Mesa, Pointe Mesa offers walkable access to Wilson Park, College Park Elementary School, and nearby retail along Harbor Boulevard, including Gray Plaza and Harbor Center, anchored by the popular Mercado González Northgate Market. The property is minutes from Triangle Square, Orange Coast College, and the OC Fair & Event Center, with convenient access provided by Harbor Boulevard and State Route 55. With its strong location, renovated interiors, and consistently stable performance, Pointe Mesa represents an attractive opportunity to acquire a well-positioned asset in one of Costa Mesa's most in-demand neighborhoods.

Location

State CA

County Orange

Area C2 - Southwest Costa Mesa

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 2.0

Carport Spaces 36

Garage Description 2.0

Pool Community

Community Features Curbs, Gutter(s), Street Lights, Sidewalks, Pool

Total Parking Spaces 55

Private Pool No

Building

Lot Description Street Level

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 41906103

Energy Description 15241.0

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

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Listed by Tyler Leeson Marcus & Millichap RE Invest tleeson@marcusmillichap.com

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California, 92625, USA

365 W Wilson ST Costa Mesa, CA 92627