Costa Mesa, California, has been a hot spot for value-add investors lately, with record pricing and strong rent growth in the central Orange County city. In one example, the two-star Pacific Villas sold to Palos Verdes Investments for $30.8 million, or $367,000 per unit, last month.
Pacific Villas Sells in Costa Mesa With Rents Below Market
Value-Add Deals Continue To Trade in Central Orange County
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IN THIS ARTICLE
- Properties
- Pacific Villas
533 Wilson St, Costa Mesa, CA