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.
Listed by Tyler Leeson
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License #01451551
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Marcus & Millichap RE Invest
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tleeson@marcusmillichap.com
Last updated December 04, 2025
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Source: CRMLS #OC25270919
Listing Facts
TypeMulti-family
NeighborhoodCollege Park District
Days on Prevu6
Amenities
Parking
Swimming Pool
Location
Mortgage Calculator
Listing History
12/04/2025
Listed by Marcus & Millichap RE Invest
$14,650,000
Property Details for 365 W Wilson Street
Association
Amenities
Community Features: Curbs, Gutter(s), Street Lights, Sidewalks, Pool
Exterior
Construction
Number Of Units Total: 38
Stories: 2
Stories Total: 2
Year Built: 1969
Common Walls: No Common Walls
Entry Level: 1
Entry Location: First level
Features
Pool Features: Community
Measurements
Building Area Total: 29,374
Building Area Units: Square Feet
Lot Features: Street Level
Lot Size Acres: 1.27
Lot Size Area: 1
Lot Size Source: Assessor
Lot Size Square Feet: 55,321
Lot Size Units: Acres
Financial
Residential Income
Cap Rate: 4.73
Gross Income: $1,119,795.00
Operating Expense: $396,212.00
Taxes
Parcel Number: 41906103
Other
Location
Subdivision Name: Other
Tax Lot: 15
Parking
Parking
Carport Spaces: 36
Carport: Yes
Garage Spaces: 2
Garage: Yes
Open Parking Spaces: 17
Parking Total: 55
Utilities
Equipment
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 365 W Wilson Street.
Does this multi-family home have parking?
Yes, there are 2 parking spaces available for 365 W Wilson Street.
How does 365 W Wilson Street compare to other multi-family homes in College Park District?
This multi-family home is listed 217% above the average price for multi-family homes in College Park District and has been on the market for 42 less days than the typical home in this area.
365 W Wilson Street is a -bedroom multi-family home for sale in Costa Mesa CA 92627. On Prevu for 6 days at $14,650,000. This home is located in College Park District. The median listing price for multi-family homes in this area is $1,499,000. Property amenities include parking and swimming pool. Browse more 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.
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.