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136 E BayCosta Mesa, CA 92627

For Sale

$4,300,000

Smart Buyer Rebate $43,000

Exceptional opportunity to acquire two adjacent fourplexes (136 & 132 E. Bay St.) being offered together as one premier 8-unit multifamily investment in the highly sought-after Eastside Costa Mesa market. Properties of this size and quality rarely become available in one of Orange County's most desirable rental locations.

Together, the properties feature eight well-designed units consisting of four 2-bedroom, 1-bath residences and four comfortable 1-bedroom, 1-bath residences, offering an ideal mix that appeals to a broad tenant base. Each property provides a garage space, additional uncovered parking to be allocated, on-site laundry, the lower units feature outdoor living areas, creating a desirable living environment for residents while minimizing vacancy. The buildings are up to code and have verified SB721 inspection reports for the stairs and patios.

Ideally located just minutes from Newport Beach, Triangle Square, the Back Bay, the 55 Freeway, John Wayne Airport, and the area's premier shopping, dining, and entertainment, the properties enjoy strong rental demand driven by their exceptional coastal location.
Whether you're seeking stable cash flow with long-term appreciation potential or an opportunity to enhance value through strategic renovations, rental increases and possible ADU additions above the garages this offering delivers exceptional flexibility. The combined eight-unit configuration provides operational efficiencies while maintaining the appeal of smaller residential properties.

Listed by Erik Rettberg

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License #02010692

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D E Properties

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714-609-6721

Listed by Justin Reynolds

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License #01506837

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D E Properties

Last updated June 13, 2026

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Source: CRMLS #NP26128800

Listing Facts

  • TypeMulti-family
  • NeighborhoodEastside Costa Mesa
  • Days on Prevu3

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

06/12/2026
Listed by D E Properties
$4,300,000

Property Details for 136 E Bay

Association

Amenities

  • Community Features: Street Lights, Sidewalks

Exterior

Construction

  • Number Of Units Total: 8
  • Stories Total: 2
  • Year Built: 1961
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: 2 levels of entry

Measurements

  • Building Area Total: 5,472
  • Building Area Units: Square Feet
  • Lot Features: No Landscaping
  • Lot Size Acres: 0.28
  • Lot Size Area: 12,196
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 12,196
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $240,000.00
  • Operating Expense: $36,000.00

Taxes

  • Parcel Number: 42618203

Other

Location

  • Subdivision Name: Eastside Central (ECCM)
  • Tax Lot: D

Parking

Parking

  • Garage Spaces: 8
  • Garage: Yes
  • Open Parking Spaces: 5
  • Parking Total: 13

Utilities

Equipment

  • Heating: Wall Furnace
  • Has Heating: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 136 E Bay.

Does this multi-family home have parking?

Yes, there are 8 parking spaces available for 136 E Bay.

How does 136 E Bay compare to other multi-family homes in Eastside Costa Mesa?

This multi-family home is listed 31% above the average price for multi-family homes in Eastside Costa Mesa and has been on the market for 41 less days than the typical home in this area.

136 E Bay is a -bedroom multi-family home for sale in Costa Mesa CA 92627. Listed on Prevu for 3 days at $4,300,000. This residence is located in Eastside Costa Mesa. The median listing price for multi-family homes in this area is $2,317,000. The home offers parking. View other multi-family home listings in Orange County.

Based on information from California Regional Multiple Listing Service, Inc. 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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.