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$4,100,000
308 E 18th Street, Costa Mesa, CA 92627
4Beds
88Days Listed
About This Property
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
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Property Location
Map
Property Details
- Property Type
- Res Income 2-4 Units
- Bedrooms
- 4
- Bathrooms
- 0
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Leased
- Days on Market
- 88
- Cumulative Days on Market
- 42
- Original Price
- $4,100,000
Location & Neighborhood
What's nearby 308 E 18th Street, Costa Mesa, CA 92627
Nearby Schools
- Harper School0.3 mi
elementary
- Saint Joachim School0.5 mi
elementary
Parks & Recreation
- Harper Park0.3 mi
park
- Pinkley Park0.4 mi
park
Transit Access
- 17th-Santa Ana0.3 mi
Bus Stop
- 17th-Tustin0.4 mi
Bus Stop
- 17th-Orange0.4 mi
Bus Stop
Local Amenities
Grocery
- Ralphs0.3 mi
- Sprouts Farmers Market0.4 mi
Coffee & Cafes
- Starbucks0.3 mi
Dining
- Milligram Coffee and Kitchen0.3 mi
- Oak & Coal0.3 mi
POI data updated 2/15/2026
Costa Mesa Market Snapshot
118
Active Listings
$1497K
Median Price
46
Avg Days on Market
Last updated: Mar 24, 2026
Listed by
Alice Schroeder, Pacific Sotheby's Int'l Realty · 949-357-0099
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$4,100,000