365 W Wilson Street
Costa Mesa, CA, 92627 $ 14,650,000
Baths1.0 Sq 29,374 Monthly Estimate*
$ 91,397
Listed by Marcus & Millichap RE Invest
Studio for $14,650,000 with 1 full bath. This 29,374 square foot home was built in 1969 on a lot size of 1.27.
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.
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FeaturesGeneralSewer Public Sewer
HOA Fee 0
Garage Spaces 2
Pool Features Community
Year Built 1969
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 1119795
Community Features Curbs Gutter(s) Street Lights Sidewalks Pool
County Orange
Net Operating Income 692407
Operating Expense 396212
Insurance Expense 28500
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 30400
Subdivision Name Other
Garage Y/N true
Special Listing Conditions Standard
Status Pending
Directions Cross Streets of West Wilson & Harbor Boulevard
City Costa Mesa
Entry Location First level
Senior Community Y/N false
Open Parking Spaces 17
Number Of Units Total 38
MLS Area C2 - Southwest Costa Mesa
Lot Size Units Acres
Lot Size Square Feet 55321.2
Carport Spaces 36
Carport Y/N true
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 15239
Fuel Expense 15241
Trash Expense 15239
Water Sewer Expense 15239
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Pending
Year Built Source Assessor
Tax Lot 15
Property Sub Type Additional Apartment
Taxes 153492
Cap Rate 4.73
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InteriorTotal Stories 2
Common Walls No Common Walls
Laundry Features Common Area
Entry Level 1
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ExteriorLot Features Street Level
Water Source Public
Total Parking 55
Lot Size Area 1.27
Number of Buildings 1
Building Area Total 29374
Lot Size Acres 1.27
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 38
Number of Separate Electric Meters 38
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* Excluded FeaturesList ByMarcus & Millichap Re InvestBroker
tleeson@marcusmillichap.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $91,397
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Costa Mesa, CA
Average List Price $3,472,818
Percent of Sale Price 76%
About Costa Mesa, CA 114,059 Population
4% Since 2002
$ 74,468 Median Income
36.81 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/5/2025 | $14,650,000 | | Listed Price |