Unlock an extraordinary high-yield investment in the heart of Eastside Costa Mesa. Positioned within a rare zoning niche that favors Institutional and Recreational use, this property offers a "blue ocean" opportunity for operators of luxury Residential Assisted Living or "Senior Live-in-Place" facilities. This is a rare chance to secure a strategic asset in a market where demand for high-end, modern care significantly outstrips supply. The estate is already equipped with built-in ramps and a layout optimized for mobility, drastically reducing the "speed to market" for licensing and initial setup. With over 3,000 square feet of interior space and an oversized 8,500+ sq. ft. lot, the property is a canvas for growth. Operators can leverage the massive footprint to scale room count and resident capacity through city-approved reconfigurations. Luxury Standards for High-Tier Pay To command the highest monthly "in-home pay" rates in Orange County, a facility must project prestige. This property delivers a "turn-key" luxury experience: A reimagined kitchen featuring Thermador appliances, sleek quartz surfaces, and a massive social island, perfect for professional nutritional programming and high-end meal service. Fresh, wide-plank flooring, high-end fixtures, and contemporary
MLS #
CROC26031727
MLS Source
California Regional MLS
Days on Site
3
Appliances
Other
Pool
None
Garage/Parking
Other, Garage: 2 Car(s)
HOA Fee
$0
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | 1 |
308 E 18th St is a Residential Income in Costa Mesa, CA 92627. This – square foot property sits on a 8,506 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,100,000 and was built in 1995. This address can also be written as 308 E 18th St, Costa Mesa, CA 92627.
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This listing information is up-to-date as of February 12, 2026. For the most current information, please contact Alice Schroeder, (949) 357-0099