308 E 18th Street, Costa Mesa, CA 92627 - Photo 1 of 50, Costa Mesa, CA
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$4,100,000

308 E 18th Street, Costa Mesa, CA 92627

4Beds
0
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

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

Parks & Recreation

Transit Access

Local Amenities

Grocery

Coffee & Cafes

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