For Sale: The property is currently for sale AS-IS at $13.5 million and is a vacant 46-room motel that has been approved for single occupancy. Continued use as a motel is not part of the future plans. The proposed residential apartment has been issued a formal approval of their planning application by the City of Costa Mesa. The studio units are versatile, and the project can be considered ideal for: Student Housing, Assisted Living Facility, Rehabilitation Center, Subsidized or Affordable Housing, Short-Term Rentals, Micro-Apartments, Transitional Housing, Artist Lofts, Micro Retirement Community, Extended Stay Accommodation, Vacation Rentals, Training or Educational Campus and more. Each unit will include a bathroom, kitchenette, and is anticipated to be fully furnished. As noted in the brochure, the planned rental income stream is designed around full-service, all-inclusive rents. *Any alternative use must be confirmed by the buyer*