308 E 18th Street
308 E 18th Street
308 E 18th Street
308 E 18th Street
308 E 18th Street
308 E 18th Street
308 E 18th Street
308 E 18th Street
308 E 18th Street
308 E 18th Street
308 E 18th Street
308 E 18th Street
308 E 18th Street
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308 E 18th Street
308 E 18th Street
308 E 18th Street
308 E 18th Street
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308 E 18th Street
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308 E 18th Street
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308 E 18th Street
Listed by Alice Schroeder with Pacific Sotheby's Int'l Realty [email protected]
For Sale

308 E 18th Street

308 E 18th Street, Costa Mesa, CA 92627

$4,100,000
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 linear fireplaces move away from the traditional care, creating a warm, resort-style atmosphere.

The expansive second-story suite, featuring a steam shower and soaking tub, offers a private retreat for an on-site owner/operator or can serve as a VIP resident suite.

Located just minutes from the Newport Back Bay and the elite medical and shopping corridors of 17th Street, your business will be at the epicenter of the most affluent demographic in the region.

This is more than a home; it is a scalable business asset. Whether launching a boutique startup or scaling to a maximum-capacity facility, the bones and location of 308 E 18th St are unmatched for high-income potential.

Studio

3,039 Sq.Ft. LIVING AREA

8,506 Sq.Ft. lot

Features & Amenities

Interior

  • total bedrooms0
  • Laundry room Inside, Laundry Room

Area & Lot

  • Status For Sale
  • Living Area3,039 Sq.Ft.
  • Total Area3,039 Sq.Ft.
  • Lot Area8,506 Sq.Ft.
  • MLS® IDOC26031727
  • TypeResidential
  • YEAR BUILT1995
  • NeighborhoodNewport Beach

Exterior

  • STORIES2
  • Garage Space2.0
  • water SourcePublic
  • PoolNone
  • lot features0-1 Unit/Acre
  • parkingDriveway
  • sewerPublic Sewer

Financial

  • Sales Price$4,100,000
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