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Reasons to Invest in Costa Mesa Apartment Market

City Markets Costa Mesa Apartment Market
Reasons to invest in Costa Mesa - MikeLembeck.com

Costa Mesa is a larger medium-sized city located in the state of California. With a population of 113,825 people and 24 constituent neighborhoods, Costa Mesa is the 54th largest community in California.

Housing costs in Costa Mesa are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in California.

Costa Mesa is a decidedly white-collar city, with fully 86.12% of the workforce employed in white-collar jobs, well above the national average. Overall, Costa Mesa is a city of sales and office workers, service providers, and professionals. There are especially a lot of people living in Costa Mesa who work in sales jobs (12.49%), management occupations (12.29%), and office and administrative support (10.92%).

Of important note, Costa Mesa is also a city of artists. Costa Mesa has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Costa Mesa’s character.

Also of interest is that Costa Mesa has more people living here who work in computers and math than 95% of the places in the US.

One thing that you will notice about Costa Mesa is that there is a good-sized population of people who are young, single, educated, and upwardly-mobile career starters. Many singles consider Costa Mesa a good place to live without being in a really big city, with opportunities for friendships and fun with others like themselves.

The population of Costa Mesa is very well educated relative to most cities and towns in the nation, where the average community has 21.84% of its adult population holding a 4-year degree or higher: 38.48% of adults in Costa Mesa have a bachelor's degree or even advanced degree.

The per capita income in Costa Mesa in 2010 was $36,567, which is upper middle income relative to California, and wealthy relative to the rest of the US. This equates to an annual income of $146,268 for a family of four. However, Costa Mesa contains both very wealthy and poor people as well.

Costa Mesa is an extremely ethnically-diverse city. The people who call Costa Mesa home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Costa Mesa residents report their race to be White, followed by Asian. Costa Mesa also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 36.48% of the city’s residents. Important ancestries of people in Costa Mesa include German, Irish, English, Italian, and French.

Costa Mesa also has a high percentage of its population that was born in another country: 24.75%.

The most common language spoken in Costa Mesa is English. Other important languages spoken here include Spanish and Vietnamese.


Helpful Links

Search Costa Mesa Apartments For Sale - MikeLembeck.com
Search Costa Mesa Apartments For Sale

Search Costa Mesa Apartments For Sale. Use our pre-determined searches to help find an apartment building investment in Costa Mesa.

Get City Data For Costa Mesa - MikeLembeck.com
Get City Data For Costa Mesa

Review information, statistics and demographics for the city of Costa Mesa before you invest.

Costa Mesa Rental Statistics - MikeLembeck.com
Costa Mesa Rental Statistics

View rent trends in Costa Mesa before you invest. Find out what the market rents for the area are. You can also give us a call and we can do a rental survey of the area for you.

Maximizing Income and Value - MikeLembeck.com
Maximizing Income and Value

Mike Lembeck and RE/MAX Commercial specializes in adding value and achieving excellent returns for its investors through strategic acquisitions and property repositioning, including renovation, leasing, and management improvements.

Reasons To Invest

  • Increasing Rental Demand
  • Close Proximity To The Ocean
  • High Appreciation
  • Higher Rent Prices
  • Ethnically-Diverse City

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Southern California Multifamily Owners Resource - MikeLembeck.com

Southern California Multifamily Owners Resource is designed to help Southern California multifamily property owners manage, buy, sell and exchange their multifamily properties and enjoy stronger cash flow and a higher return on their investments. Learn more at www.socalmor.com.