1940 Monrovia Ave Costa Mesa, CA 92627
Westside Costa Mesa NeighborhoodEstimated payment $7,480/month
Highlights
- Lawn
- No HOA
- 1 Car Attached Garage
- Victoria Elementary School Rated A-
- Hiking Trails
- Soaking Tub
About This Home
Nestled on a serene, tree-lined street in the heart of Costa Mesa’s highly desirable Freedom Tract neighborhood, 1940 Monrovia Avenue presents a rare opportunity to own and personalize a charming single-family home in one of the Westside’s most coveted enclaves.
This inviting 3-bedroom, 2-bathroom residence rests on a generous 7,260-square-foot lot, providing ample space for comfortable living today and significant expansion potential for tomorrow. The property strikes an ideal balance between relaxed neighborhood charm and unmatched convenience—steps from Canyon Park and just moments from local restaurants, shopping, and everyday amenities. True coastal living is effortlessly accessible, with the beach only about 1.5 miles away. Recent upgrades and improvements enhance the home’s appeal and peace of mind, including a new roof, updated electrical and plumbing systems, extensive termite remediation with fumigation, replaced windows, new ducting and HVAC components, a new fence, a new water heater, and a new washer and dryer. Standout features include a fully remodeled kitchen showcasing modern finishes and thoughtful design, ideal for daily meals and effortless entertaining. The spacious primary suite offers a true retreat, complete with a walk-in closet, an additional storage closet, and an oversized bathroom with a large Jacuzzi tub and a separate shower.
The quiet street fosters privacy and a strong sense of community, while the expansive lot and large backyard invite outdoor enjoyment—perfect for entertaining, pets, play space for children, gardening, or future enhancements such as additions or upgraded outdoor living areas.
This well-positioned home in the Freedom Tract beautifully combines timeless mid-century charm, an unbeatable location, recent high-quality updates, and tremendous room to grow. Don’t miss the chance to discover this hidden gem and envision its full potential as your own.
Listing Agent
Pacific Sotheby's Int'l Realty Brokerage Phone: 949-375-0881 License #01378430 Listed on: 01/29/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1954
Lot Details
- 7,260 Sq Ft Lot
- Front Yard Sprinklers
- Lawn
- Density is up to 1 Unit/Acre
Parking
- 1 Car Attached Garage
Home Design
- Entry on the 1st floor
Interior Spaces
- 1,236 Sq Ft Home
- 1-Story Property
- Family Room
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
- Soaking Tub
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Exterior Lighting
- Rain Gutters
Listing and Financial Details
- Tax Lot 531
- Tax Tract Number 1712
- Assessor Parcel Number 42251319
- $1,012 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- Freedom Homes Subdivision
- Property is near a preserve or public land
- Property is near a ravine
Recreation
- Park
- Hiking Trails
- Bike Trail
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,627 | $544,288 | $486,160 | $58,128 |
| 2024 | $6,627 | $533,616 | $476,627 | $56,989 |
| 2023 | $6,404 | $523,153 | $467,281 | $55,872 |
| 2022 | $6,187 | $512,896 | $458,119 | $54,777 |
| 2021 | $6,005 | $502,840 | $449,137 | $53,703 |
| 2020 | $5,933 | $497,684 | $444,531 | $53,153 |
| 2019 | $5,807 | $487,926 | $435,815 | $52,111 |
| 2018 | $5,691 | $478,359 | $427,269 | $51,090 |
| 2017 | $5,597 | $468,980 | $418,891 | $50,089 |
| 2016 | $5,480 | $459,785 | $410,678 | $49,107 |
| 2015 | $5,427 | $452,879 | $404,509 | $48,370 |
| 2014 | $5,306 | $444,008 | $396,585 | $47,423 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/25/2026 02/25/26 | For Sale | $1,349,000 | 0.0% | $1,091 / Sq Ft |
| 02/24/2026 02/24/26 | Off Market | $1,349,000 | -- | -- |
| 02/13/2026 02/13/26 | For Sale | $1,349,000 | 0.0% | $1,091 / Sq Ft |
| 02/11/2026 02/11/26 | Off Market | $1,349,000 | -- | -- |
| 02/04/2026 02/04/26 | For Sale | $1,349,000 | 0.0% | $1,091 / Sq Ft |
| 02/03/2026 02/03/26 | Off Market | $1,349,000 | -- | -- |
| 02/03/2026 02/03/26 | For Sale | $1,349,000 | 0.0% | $1,091 / Sq Ft |
| 02/02/2026 02/02/26 | Off Market | $1,349,000 | -- | -- |
| 01/29/2026 01/29/26 | For Sale | $1,349,000 | -- | $1,091 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP26020793
APN: 422-513-19
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Ask me questions while you tour the home.