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998 Mission
C4 - Central Costa Mesa Costa Mesa 92626

$2,100,000
Residential Income built: 1964

Main Photo: 998 Mission in Costa Mesa: Residential Income for sale (C4 - Central Costa Mesa) : MLS®# OC26069459
Photo 1: 998 Mission in Costa Mesa: Residential Income for sale (C4 - Central Costa Mesa) : MLS®# OC26069459
Photo 2: 998 Mission in Costa Mesa: Residential Income for sale (C4 - Central Costa Mesa) : MLS®# OC26069459
Photo 3: 998 Mission in Costa Mesa: Residential Income for sale (C4 - Central Costa Mesa) : MLS®# OC26069459
Photo 4: 998 Mission in Costa Mesa: Residential Income for sale (C4 - Central Costa Mesa) : MLS®# OC26069459
Photo 5: 998 Mission in Costa Mesa: Residential Income for sale (C4 - Central Costa Mesa) : MLS®# OC26069459
Photo 6: 998 Mission in Costa Mesa: Residential Income for sale (C4 - Central Costa Mesa) : MLS®# OC26069459
Photo 7: 998 Mission in Costa Mesa: Residential Income for sale (C4 - Central Costa Mesa) : MLS®# OC26069459
Status:
Active
Prop. Type:
Residential Income
MLS® Num:
OC26069459
Year Built:
1964
Prime multi-family opportunity in the heart of Mesa Verde! This 1964-built property sits on a 6,970 sq ft lot with approximately 4,065 square feet of building area, zoned R3 for multiple units. Located on a quiet street in one of Costa Mesa’s most desirable neighborhoods, you’re just minutes from the Mesa Verde Country Club, Fairview Park, and easy access to the 405. Strong rental demand, walkable area, and solid bones make this a fantastic value-add or redevelopment play. Whether you’re looking to update the existing units or explore new construction potential, this is a rare chance to own in a proven Costa Mesa location.
Home Style:
Traditional
Property Sub Type:
Quadruplex
Property Attached:
Yes
Lot Area:
6,970 sq. ft.
Bathrooms:
- (Full:-, Half:-)
Year built:
1964 (Age: 62)
General Listing Location:
Costa Mesa, C4 - Central Costa Mesa
County Or Parish:
Orange
Tenant Pays:
Cable TV, Electricity, Gas
Common Interest:
None
Gross Income:
$1
Gross Scheduled Income:
$67,236
Net Operating Income:
$38,560
Cap Rate %:
1.84
Rent Control:
Yes
Total Actual Rent:
$5,603
Association Fee:
$0
Land Lease:
No
Gardener expense:
1440.0
Insurance Expense:
$3,800
Taxes expense:
22001.0
Operating Expense:
$286,676
Trash Expense:
$360
Water and Sewer Expense:
$1,075
Tax Lot:
1
998 Mission Drive, Costa Mesa, CA 92626
Floor
Type
Size
Other
-
Laundry
Measurements not available
-
View:
None
Number of Buildings:
1
# of Electric Meters:
4
# of Gas Meters:
4
# of Water Meters:
1
# Units Leased:
4
Community Features:
Curbs, Suburban, Sidewalks
Senior Community:
No
Laundry Features:
Laundry Room
Pool Features:
None
Private Pool:
No
Spa Features:
None
Lot Features:
Level, Rectangular Lot
Fireplace Features:
None
Security Features:
Carbon Monoxide Detector(s), Smoke Detector(s)
Subdivision Name:
Mesa Del Mar (MDMA)
Direction Faces:
South
Levels:
Two
Num Stories:
2
Entry Level:
1
Entry Location:
1 and 2
Construction Materials:
Stucco
New Constr.:
No
Foundation:
Slab
Roof:
Composition
Common Walls:
1 Common Wall
# Units:
4
Heating:
Forced Air
Fireplace:
No
Cooling:
None
Utilities:
Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Electricity:
Standard
Fencing:
Wood
Water supply:
Public
Sewer:
Public Sewer
Spa:
No
Road Frontage Type:
City Street
Road Surface Type:
Paved
Garage Spaces:
5
Uncovered Spaces:
6
Total Parking Spaces:
11
Parking Features:
Door-Single, Driveway, Garage, Paved, Garage Faces Rear
Special Listing Conditions:
Standard
Parcel Number:
14166211
  • Photo 1: 998 Mission in Costa Mesa: Residential Income for sale (C4 - Central Costa Mesa) : MLS®# OC26069459
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  • Photo 2: 998 Mission in Costa Mesa: Residential Income for sale (C4 - Central Costa Mesa) : MLS®# OC26069459
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  • Photo 3: 998 Mission in Costa Mesa: Residential Income for sale (C4 - Central Costa Mesa) : MLS®# OC26069459
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  • Photo 4: 998 Mission in Costa Mesa: Residential Income for sale (C4 - Central Costa Mesa) : MLS®# OC26069459
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  • Photo 5: 998 Mission in Costa Mesa: Residential Income for sale (C4 - Central Costa Mesa) : MLS®# OC26069459
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  • Photo 6: 998 Mission in Costa Mesa: Residential Income for sale (C4 - Central Costa Mesa) : MLS®# OC26069459
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  • Photo 7: 998 Mission in Costa Mesa: Residential Income for sale (C4 - Central Costa Mesa) : MLS®# OC26069459
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Listed by Seven Gables Real Estate
Data was last updated April 13, 2026 at 02:40 PM (UTC)
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Based on information from California Regional Multiple Listing Service, Inc. as of April 13, 2026 at 02:40 PM (UTC) and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.