$1,349,000

Estimated payment $7,480/month

Total Views 4,992
3 Beds
2 Baths
1,236 Sq Ft
$1,091 Price per Sq Ft

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

Mike Kennedy

Pacific Sotheby's Int'l Realty Brokerage Phone: 949-375-0881 License #01378430 Listed on: 01/29/2026

Pacific Sotheby's Int'l Realty

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

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

7,260 Sq Ft Lot

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Freedom Homes (FREE)
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42251319
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1236.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1091.42
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Primary Bathroom, Primary Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Sprinklers: Yes
  • Laundry: Yes
  • Laundry Features: Dryer Included, In Closet, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Hiking, Gutters, Park, Preserve/Public Land, Ravine, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Lawn, Sprinklers In Front
  • Lot Size Sq Ft: 7260.00
  • Lot Size Acres: 0.1667

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7260.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 531
  • Tax Tract Number: 1712
  • TaxOtherAnnualAssessmentAmount: 1012.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed -- --
Interfamily Deed Transfer -- --
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP26020793

California Regional Multiple Listing Service (CRMLS)

APN: 422-513-19

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