Costa Mesa, CA 92627 2029 Harbor Boulevard
$5,495,000
9 more
Presented By: Michael O'Neill II with CB Richard Ellis, Inc.;
- MLS# 25556261
- 06/23/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 6
Baths • 12
SQFT • 7,490
Home Details
Harbor Mesa Luxury Apartments is a mixed-use property that consists of street-front retail building and 12 apartment units located at 2027-2029 Harbor Boulevard, Costa Mesa. The property offers investors the highest current cap rate in the city of Costa Mesa at 5.21%. Harbor Mesa Luxury Apartments offers a range of unit options for potential tenants including studio, one- and two-bedroom floorplans. The asset has recently undergone renovations with ownership spending over $1,200,000 in recent renovations including major systems, interior and exterior updates.
Presented By: Michael O'Neill II with CB Richard Ellis, Inc.;
Interior Features for 2029 Harbor Boulevard
Bedrooms
Total Bedrooms6
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths12
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Total Stories2
General for 2029 Harbor Boulevard
Additional Parcels Y/NNo
Attached Garage No
Cap Rate5.21
Carport Y/NNo
CityCosta Mesa
CoolingNone
CountyOrange
DirectionsFrom CA-55 S, Use the right lane to take exit 3 toward 22nd St/Victoria St, Use the right lane to merge onto Newport Blvd, Turn right onto W Bay St, Turn left onto Harbor Blvd, Property will be on the lef
Full Baths
Garage Y/NNo
Gross Income420696.0
HOANo
HeatingNone
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet17920.0
Lot Size UnitsSquareFeet
MLS AreaC2 - Southwest Costa Mesa
MobileHomeRemainsYNNo
Net Operating Income286336.0
New ConstructionNo
Number Of Units Total13
Open Parking Spaces21.0
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Year Built1949
Exterior for 2029 Harbor Boulevard
Building Area Total7490.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.4114
Lot Size Area17920.0
Lot Size SourceAssessor
Number of Buildings4
Parking FeaturesUncovered
Private PoolNo
SpaNo
Total Parking21.0
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate