$2,195,000

Estimated payment $12,509/month

Total Views 342
8 Beds
5 Baths
3,366 Sq Ft
$652 Price per Sq Ft

Highlights

  • Very Popular Property
  • Laundry Room
  • Bike Trail
  • Newport Heights Elementary Rated A
  • Property is near a preserve or public land
  • 4-minute walk to Heller Park

About This Home

Rare triplex opportunity located in the highly sought-after Eastside Costa Mesa market bordering Newport Heights and Newport Beach. 203 Ogle Street features an attractive unit mix consisting of (1) 4BR/2BA townhouse-style unit, (1) 2BR/1.5BA townhouse-style unit, and (1) 2BR/1BA unit, offering large floorplans that rarely come available in coastal multifamily properties of this size. Positioned in one of Orange County’s premier rental markets, the property is just moments from 17th Street, top shopping and dining, Newport Harbor, beaches, and offers convenient access to the 55, 73, and 405 freeways. The location continues to benefit from strong long-term rental demand and limited multifamily supply. Ideal opportunity for investors seeking a well-located coastal asset with long-term upside in one of Costa Mesa’s most desirable submarkets. Drive by only. Please do not disturb tenants.

Listing Agent

Nick Gould

Gould Group Inc Brokerage Email: ng@gouldgroupinc.com License #01521955 Listed on: 05/26/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 6,257 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Apartment
  • Entry on the 2nd floor
  • Flat Roof Shape
  • Mansard Roof Shape

Interior Spaces

  • 3,366 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 63
  • Tax Tract Number 1
  • Assessor Parcel Number 42520202
  • $2,492 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • 3 Units
  • Eastside Heights Subdivision
  • Property is near a preserve or public land

Amenities

  • Laundry Facilities

Recreation

  • Dog Park
  • Bike Trail

Building Details

  • 3 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $3,000
  • Fuel Expense $1,500
  • Gardener Expense $1,200
  • Insurance Expense $2,492
  • Maintenance Expense $6,048
  • Trash Expense $1,500
  • Water Sewer Expense $1,500
  • New Taxes Expense $22,998
  • Operating Expense $41,604
  • Gross Income $101,352
  • Net Operating Income $55,707

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

6,257 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved
  • Subdivision Name Other: Eastside Heights (EHCM)
  • View: No
  • Water Sewer Expenses: 1500.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 42520202
  • Year Built: 1972
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 2
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 652.11

Exterior Features

  • Fence: No
  • Pool Private: No
  • Roof: Flat, Mansard

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community, Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1500.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Gutters, Curbs, Biking, Dog Park, Street Lights, Storm Drains, Preserve/Public Land, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6257.00
  • Lot Size Acres: 0.1436

Rental Info

  • Tenant Pays: Gas, Cable TV, Electricity

Multi Family

  • Electric Expense: 3000.00
  • Fuel Expense: 1500.00
  • Gross Income: 101352.00
  • Gross Operating Income: 98311.00
  • Gross Scheduled Income: 101352.00
  • Insurance Expense: 2492.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 600.00
  • Lot Size Area: 6257.0000 Square Feet
  • Maintenance Expense: 6048.00
  • Maintenance Percent: 6.00
  • Net Operating Income: 55707.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 42604.00
  • Operating Expense Percent: 42.00
  • Rent Control: Yes
  • Total Actual Rent: 100752.00
  • Total Expenses: 41604.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 22998.00
  • Tax Lot: 63
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 2492.00

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $7,279 $480,233 $238,913 $241,320
2024 $7,279 $470,817 $234,228 $236,589
2023 $6,957 $461,586 $229,636 $231,950
2022 $6,644 $452,536 $225,134 $227,402
2021 $6,353 $443,663 $220,719 $222,944
2020 $6,250 $439,114 $218,456 $220,658
2019 $6,105 $430,504 $214,172 $216,332
2018 $5,979 $422,063 $209,972 $212,091
2017 $5,891 $413,788 $205,855 $207,933
2016 $5,781 $405,675 $201,819 $203,856
2015 $5,727 $399,582 $198,788 $200,794
2014 $5,610 $391,755 $194,894 $196,861
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2026 05/26/26 For Sale $2,195,000 -- $652 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP26113676

California Regional Multiple Listing Service (CRMLS)

APN: 425-202-02

Your Personal Tour Guide

Ask me questions while you tour the home.