1124 Victoria, Costa Mesa, California 92627, Costa Mesa, 92627 - bed, bath

1124 Victoria
Costa Mesa, California 92627
Property Price
SUMMARY
Analysis of 1124 Victoria, Costa Mesa, California 92627 is currently available with a list price of $2,325,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Costa Mesa Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Although built in 1961, the property is well-maintained and move-in ready. The listing highlights that select units have undergone recent upgrades and renovations, likely including updated flooring and modernized kitchen/bathroom features. The exterior and grounds appear clean with no obvious signs of deferred maintenance, making it a high-quality investment asset that does not require immediate rehabilitation.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Hyer Elementary School (10/10). High School: Highland Park High School (9/10).
- Significant Development Potential
The expansive 13,047 square foot lot provides high intrinsic land value and future operational flexibility, including the potential to add Accessory Dwelling Units (ADUs) for increased revenue.
- Desirable Unit Composition
The property features a rare and attractive mix of two spacious three-bedroom/two-bath units and two studios, catering to a wide range of tenant profiles and ensuring low vacancy risk.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3449, other record living area = 2295.
- Vintage Infrastructure
Constructed in 1961, the property may require ongoing capital expenditures for aging systems and structural maintenance typical of buildings from this era.
- Moderate School Ratings
While conveniently located near schools, the local middle and high schools carry average ratings (4 and 5), which may impact appeal for families prioritizing top-tier educational districts.
About 1124 Victoria
The Victoria Street Apartments presents a rare opportunity to acquire a well-located, four-unit multifamily investment in the highly desirable, supply-constrained submarket of Costa Mesa within Greater Orange County. Constructed in 1961, the property features a low-density and highly attractive unit mix consisting of (2) spacious, single-story three-bedroom/two-bath units and (2) studios totaling approximately 3,449 square feet. The asset sits on an expansive 13,047 square foot lot, offering strong intrinsic land value and future operational flexibility, including potential ADU opportunities. The property provides a compelling resident experience with desirable amenities, such as ample on-site parking with covered carports, private patios, and balconies - features that enhance tenant appeal and support strong occupancy fundamentals. Select units have undergone recent upgrades and renovations, further strengthening the asset’s competitive positioning. Strategically located near Costa Mesa’s premier retail, dining, and entertainment corridors - and just minutes from Huntington Beach - the property benefits from close proximity to The Triangle Square, the OC Fair & Event Center, the 17th Street Promenade, and Talbert Regional Park. This prime location, combined with the asset’s favorable unit composition and land-to-building ratio, positions the Victoria Street Apartments as a high-quality investment opportunity offering durable demand drivers, rental upside, and meaningful long-term appreciation potential.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1961
- Lot Size
- 13,047 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Costa Mesa Unified Schools
Victoria Elementary School
Grades PK-6 • 0.3 mi
Wilson Elementary School
Grades PK-6 • 0.8 mi
Whittier Elementary School
Grades PK-6 • 0.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 3,449 | 1,868 | 80% |
| Lot Size | 13,047 | 7,009 | 93% |
| Price | $2.33M | $1.70M | 80% |
| Price per sq ft | $674 | $938 | 27% |
| Built year | 1961 | 1958 | 73% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 150 | 7% |
Pricing History
Listed for Sale
Mar 2, 2026
$2,325,000
Initial Listing
Sold
Dec 16, 2019
$1,500,000
Public Record
Sold
Sep 13, 2004
$769,000
Public Record



















