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Kidder Mathews Directs $7.2M Sale of Apartment Building in Costa Mesa, California

COSTA MESA, CALIF. — Kidder Mathews has arranged the sale of [email protected], an apartment building located at 145 E. 18th St. in Costa Mesa. Jim Colombo, a private investor, acquired the property from 18th Street Partners for $7.2 million.

Situated on a 30,000-square-foot lot, the apartment building features 19 units. The buyer plans to renovate the property, including new air conditioning, granite countertops, new roofs, and kitchen and bath upgrades, as well as resurfacing of exterior decks.

Steven Brombal and Josh Rhee of Kidder Mathews represented the seller in the deal.

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