$5,495,000

2029 Harbor Blvd Costa Mesa, CA 92627

Downtown Costa Mesa Neighborhood

Estimated payment $33,333/month

Total Views 4,856
6 Beds
12 Baths
7,490 Sq Ft
$734 Price per Sq Ft

About This Home

Harbor Mesa Luxury Apartments is a mixed-use property that consists of street-front retail building and 12 apartment units located at 2027-2029 Harbor Boulevard, Costa Mesa. The property offers investors the highest current cap rate in the city of Costa Mesa at 5.21%. Harbor Mesa Luxury Apartments offers a range of unit options for potential tenants including studio, one- and two-bedroom floorplans. The asset has recently undergone renovations with ownership spending over $1,200,000 in recent renovations including major systems, interior and exterior updates.

Listing Agent

Mike O’Neill

CB Richard Ellis, Inc. License #02036937 Listed on: 06/23/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $38,963

Year Built

  • Built in 1949

Lot Details

  • 0.4 Acre Lot

Interior Spaces

  • 7,490 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 12 Bathrooms

Parking

  • 21 Open Parking Spaces
  • 21 Parking Spaces

Community Details

  • 4 Buildings
  • 13 Units

Listing and Financial Details

  • Assessor Parcel Number 422-091-21

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$38,963

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 7490
  • Lot Acreage: 0.4000
  • Stories: 2
  • Year Built: 1949
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 12.00
  • Price Per S Q F T: 733.64

Exterior Features

  • Other Structures: None

Garage/Parking

  • Other Spaces: 21
  • Parking Garage: Uncovered
  • Total Parking: 21

Lot Info

  • Assessed Improvement Percent: 8.87
  • Assessed Improvement Value: 283797
  • Assessed Land Percent: 91.13
  • Assessed Land Value: 2916203
  • Total Assessed Value: 3200000
  • Assessor Parcel Number: 422-091-21
  • Lot Size Area: 17920

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 13.06
  • Number Of Units: 13
  • Total Annual Expense: 124658
  • Type Of Units: Apartments
  • Vacancy Rate: 3%

Map

Range of Values:

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Average Value
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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 $38,963 $3,460,414 $2,974,527 $485,887
2024 $38,963 $3,200,000 $2,916,203 $283,797
2023 $13,456 $722,270 $586,146 $136,124
2022 $11,751 $708,108 $574,653 $133,455
2021 $10,743 $694,224 $563,385 $130,839
2020 $10,634 $687,106 $557,608 $129,498
2019 $10,482 $673,634 $546,675 $126,959
2018 $10,305 $660,426 $535,956 $124,470
2017 $10,146 $647,477 $525,447 $122,030
2016 $10,168 $634,782 $515,144 $119,638
2015 $10,050 $625,247 $507,406 $117,841
2014 $9,828 $613,000 $497,467 $115,533
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 For Sale $5,495,000 -- $734 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $3,200,000 Chicago Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,800,000 New Conventional
Previous Owner $500,000 Unknown
Previous Owner $300,000 Commercial
Source: Public Records

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Source: The MLS

MLS Number: 25556261

The MLS

APN: 422-091-21

California Orange County Costa Mesa 92627 Downtown Costa Mesa

2029 Harbor Blvd, Costa Mesa, CA

This home is located at 2029 Harbor Blvd, Costa Mesa, CA 92627 and is currently priced at $5,495,000, approximately $733 per square foot. This property was built in 1949. 2029 Harbor Blvd is a home located in Orange County with nearby schools including Wilson Elementary School, Charles W. Tewinkle Middle School, and Estancia High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Mike O’Neill
Listing Agent
Mike O’Neill
Section Image
CB Richard Ellis, Inc.
(949) 506-4530