136 E Bay St, Costa Mesa, CA 92627
Property image
Property image
FOR SALE
0.28 ACRES
Listed by Erik Rettberg, D E Properties, (949) 645-8711

136 E Bay St
Costa Mesa, CA 92627

  • 12 Beds
  • 8 Baths
  • 5,472 sqft (on 0.28 acres)

$4,300,000

Est. Mortgage $25,458/mo*
Get Pre-Qualified

$4,300,000

Est. Mortgage $25,458/mo*
Get Pre-Qualified
12 Beds
8 Baths
5,472 sqft
(on 0.28 acres)

Local Information

  • Map ViewExplore the area around 136 E Bay St.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

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.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$786
Listed
22 days ago

Home Details for 136 E Bay St

Interior Features

Beds & Baths
Number of Bedrooms: 12Number of Bathrooms: 8
Appliances & Utilities
Laundry: Common Area
Heating & Cooling
Heating: Wall FurnaceNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Wall Furnace
Fireplace & Spa
Fireplace: NoneNo Fireplace
Windows, Doors, Floors & Walls
Common Walls: No Common Walls
Levels, Entrance, & Accessibility
Number of Stories: 2Entry Location: 2 levels of entry

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
Number of Garage Spaces: 8Number of Covered Spaces: 8Open Parking Spaces: 5Has a GarageParking Spaces: 13Parking: Garage
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Days on Market

Cumulative Days on Market: 1Days on Market: 22

Property Information

Year Built
Year Built: 1961
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Quadruplex
Building
Not a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 42618203

Price & Status

Price
List Price: $4,300,000Price Per Sqft: $786

Active Status

MLS Status: Active

Location

Direction & Address
City: Costa MesaCommunity: Eastside Central (Eccm)

Agent Information

Listing Agent
Listing ID: NP26128800

Building

Building Area
Building Area: 5472 Square Feet

Community

Community Features: Street Lights, SidewalksNot Senior Community

HOA

Association for this Listing: California Regional MLS

Lot Information

Lot Area: 0.28 acres

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Conventional

Rental Terms, Policies & Fees

No Rent Control

Miscellaneous

Mls Number: NP26128800Living Area Range Units: Square FeetAttribution Contact: 714-609-6721Common Interest: NoneUniversal Property Id: US-06059-N-42618203-R-N

Additional Information

Street LightsSidewalksSource Internet Entire Listing Display
Last check for updates: about 3 hours ago
Listing Provided by: Erik Rettberg DRE #02010692, (714) 609-6721
D E Properties
Justin Reynolds DRE #01506837
D E Properties
Originating MLS: California Regional MLS
Source: CRMLS, MLS#NP26128800
Also Listed on CRMLS.

Market trends in Costa Mesa

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.41M
$5.33KMoM
Sale-to-List Price
100.3%
0.7%MoM
Price per sq ft
$869
$3MoM
Available listings
171
26MoM

Price History for 136 E Bay St

DatePriceEventSource
06/12/2026$4,300,000Listed For SaleCRMLS #NP26128800
12/07/2012$920,000Sold
N/A
10/05/2012$949,000PriceChange
Agent Provided
09/08/2012$1,050,000Listed For SaleAgent Provided
07/01/2011$880,000Sold
N/A
02/11/2011$980,000ListingRemovedAgent Provided
01/17/2011$980,000PriceChange
Agent Provided
01/13/2011$1,200,000Listed For SaleAgent Provided
09/20/2007$845,000Sold
N/A

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Property Tax and Assessment

Year2025
Tax$13,854
Assessment$1,132,908
Home facts updated by county records

Comparable Sales for 136 E Bay St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
425 Costa, Costa Mesa, CA
0.35
Multi-Family Home
$1,878,000
07/02/26
6
6
3,114
416 Hamilton St, Costa Mesa, CA
0.44
Multi-Family Home
$2,010,000
03/11/26
7
6
3,232
326 Hamilton St, Costa Mesa, CA
0.30
Multi-Family Home
$1,872,000
07/21/25
7
4
2,350
2121 Orange Ave, Costa Mesa, CA
0.22
Multi-Family Home
$1,980,000
03/06/26
4
4
2,074
2214 Elden Ave, Costa Mesa, CA
0.40
Multi-Family Home
$2,500,000
02/10/26
6
4
3,807
2383 Orange Ave, Costa Mesa, CA
0.83
Multi-Family Home
$4,350,000
03/11/26
14
7
6,292
2048 Garden Ln, Costa Mesa, CA
0.62
Multi-Family Home
$2,855,000
04/20/26
7
4
3,355
375 E 21st St, Costa Mesa, CA
0.60
Multi-Family Home
$2,125,000
04/30/26
6
3.5
2,693
1780 Santa Ana Ave, Costa Mesa, CA
0.81
Multi-Family Home
$2,275,000
02/06/26
6
6
3,750
2214 Rutgers Dr, Costa Mesa, CA
0.56
Multi-Family Home
$1,425,000
05/11/26
6
3
2,490

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 136 E Bay St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Costa Mesa

At least 985 Trulia users voted on each feature.

  • 92 % Say it's dog friendly

  • 89 % Say there are sidewalks

  • 84 % Say car is needed

  • 78 % Say it's walkable to restaurants

  • 71 % Say there's holiday spirit

  • 70 % Say it's walkable to grocery stores

  • 66 % Say streets are well-lit

  • 66 % Say people would walk alone at night

  • 62 % Say yards are well-kept

  • 61 % Say kids play outside

  • 61 % Say parking is easy

  • 54 % Say they plan to stay for at least 5 years

  • 54 % Say neighbors are friendly

  • 53 % Say it's quiet

  • 50 % Say there's wildlife

  • 27 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Kayla Marie
    "Public transit is amazing in this city, bus comes every 20 mins in most areas here (: Even riding my bike is a great way to get around, everything is super close and I have really enjoyed the mostly flat streets and bike lanes provided by the city"
    0
    Flag
  • Luka J
    "Close to all freeways. My commute is only 12-18 minutes depending on traffic. Even with traffic I have access to backstreets if needed."
    0
    Flag
  • Lyndsay Jackson
    "Eastside Costa Mesa is a family friendly neighborhood. Backbay is a good place to exercise and meet up with friends for a casual walk "
    0
    Flag
  • ssbiken
    "It’s a safe neighborhood very nice community park.well lit has pool, tennis, racket ball courts clean bathrooms and out side shower after swimming in the pool to rinse off"
    0
    Flag
  • Albert Luu
    "OC Fair holding events weekly and Segerstrom Performing Art Center having great events weekly. Also the availability of many restaurants all within a short drive. "
    0
    Flag
  • Mrobbins055
    "It’s on the boarder of Newport and Costa Mesa and it feels very safe. I walk with my baby and dog daily."
    0
    Flag
  • ssbiken
    "You can walk to the mall and grocery store if you wanted to.The bus is within walking distance. Nice area to live for people with children."
    0
    Flag
  • Tina Gutierrez
    "I have a hybrid work schedule and am lucky enough to not have to commute on thee freeway unless I want to. "
    1
    Flag
  • ssbiken
    "A well kept environment owner show that they are proud of their community. It is a great place to raise children, dog friendly and close to stores, restaurants, and local mall."
    1
    Flag
  • Tina Gutierrez
    "A mix of old and new homes with generous sprinkles of rentals. Very walk-friendly with a neighborhood feel. Lots of spots to eat and grab drinks. "
    1
    Flag
  • Trulia User
    "New development mixed with 1950-1960 older housing. Shaved driveways mixed with track homes. Good schools and well maintained parks."
    0
    Flag
  • Trulia User
    "The back bay is by far the best benefit of living in this neighborhood. Lots of noise from the airport but you get used to it. "
    0
    Flag
  • Trulia User
    "Everyone smiles as you walk by on the sidewalk. Very friendly people. Considerate neighbors. A few bad apples, but that’s everywhere. "
    4
    Flag
  • Maria M.
    "Very important for parents to know that our neighborhoods are over populated and unfortunately we no longer have the the city of Costa Mesa code enforcement making sure codes are being enforced. To many fast food restaurants that people litter and drive very fast in residential areas. "
    40
    Flag
  • Crashowe
    "Different styles of houses and different ethnicities , cozy home - some not too big or too new etc etc "
    0
    Flag
  • Cristina
    "People walk their dogs all of the time. Poop bags available as well to keep the community clean. "
    0
    Flag
  • Sheryldye
    "Great access to freeways and major roads . Less than 5 minutes to South Coast Plaza , movie theaters and multiple grocery stores . "
    8
    Flag
  • Jimmy H.
    "Very centrally located, for shops, groceries, freeways and my work. I lived here on and off for many years. "
    2
    Flag
  • Lauriehipp
    "My neighborhood provides great public access and well lit sidewalks. We have a well working traffic lights and signs for us to get directions. "
    0
    Flag
  • Nicweinstein
    "Accessibility from residential to freeways, shops, ocean with lots of great hangs all close to each other!"
    0
    Flag
  • Kathyjanulis
    "I live very close to the 55 freeway making it very easy to get around... I’m also very close to the airport which makes it convenient. "
    1
    Flag
  • Kym M.
    "OC Fair comes from July through August in the summertime. But Costa Mesa doesn’t really have a lot of community events. "
    0
    Flag
  • Sarah T.
    "I live in a gated community and feel safer that way. I would say the surrounding apartments/neighborhoods aren’t as nice as my community but if you drive 2-3min in each direction it’s a lot nicer over there. Like that I’m only 15min away from the beach too"
    9
    Flag
  • Diego_diaz90
    "Small pockets of a diverse community make it nice to live in the area. Neighborhood is slowly changing though"
    0
    Flag
  • Cassandra M.
    "there are a lot of people who walk their dogs in this area - dogs of all sizes! There are not a ton of huge lawns. "
    0
    Flag
  • Destiny
    "coyotes are a real big problem there are a lot of different sectors of Costa Mesa. mostly nice got families. "
    0
    Flag
  • Amyshepherd
    "Dog parks could be better maintained, and area could be more dog friendly, but there have been improvements, more restaurants / business allow dogs"
    0
    Flag
  • Destiny
    "mostly family oriented. certain neighborhoods get to know eachother more than others. not all neighborhoods are equal. all four corners are very different neighborhoods in their own special way."
    0
    Flag
  • Mmhauser1
    "Limited sidewalks and lots of joggers/ walkers make it difficult during rush hour to pass other fellow walkers "
    0
    Flag
  • Arutianr
    "There are a lot of events like concerts in the park, annual fish fry, and neighborhood gatherings to build community"
    0
    Flag
  • Azucena R. G.
    "alot of the community around have dogs and plenty love to walk them around their neighborhoods theres also a dog park driving distance near that's on Newport boulevard going South bound by the fair grounds. just always remember to take ur goody bag with u in order to always pick up after ur canine. and always their water. "
    4
    Flag
  • Diana L.
    "Nice close to john Wayne shopping malls everything Is Close by. Ppl are kind Trader Joe’s is up the block Bloomies is down the street and a lot of restaurants "
    0
    Flag
  • Seanpatrick7
    "Lots of folks walking their dogs. However, sometimes there are liquor bottles, chicken bones, or other dangerous items on the sidewalks."
    1
    Flag
  • Dan D.
    "Up and coming neighbored people are nice lots of good schools and restaurants . Beach close and good coastal breezes "
    1
    Flag
  • Joelle S.
    "We’re right next to the OC fairgrounds. There’s always an event going on. It’s close to the freeway for travel. The location close to Back Bay which is great for walks or workouts. "
    1
    Flag
  • Hookashley
    "The neighborhood has lots of local, walkable restaurants. Plus, many more opening every month... lots of growth here."
    1
    Flag
  • Joannbkenyon
    "Great neighborhood but most parents take their kids to other schools in the Mesa Verde area. Great trick or treating. Great for walking and biking around. "
    1
    Flag
  • dorothy p
    "orange county fair grounds, lots of churches, south coast plaza, orange coast college, triangle square entertainment center, the beaches."
    1
    Flag
  • Jon D.
    "It’s great to walk your kids and your dogs in the evening but it doesn’t make sense not to pick up after your dog"
    1
    Flag
  • Azucenagarcia8823
    "we have firefighters open houses, community events, womens community clubs, for 4th of july theres always local schools being represented. "
    0
    Flag

LGBTQ Local Legal Protections

Erik Rettberg, D E Properties
Agent Phone: (714) 609-6721
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST 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
136 E Bay St, Costa Mesa, CA 92627 is a 12 bedroom, 8 bathroom, 5,472 sqft multi-family built in 1961. This property is currently available for sale and was listed by CRMLS on Jun 12, 2026. The MLS # for this home is MLS# NP26128800.