2214 Rutgers Dr Costa Mesa, CA 92627
Estimated payment $10,058/month
Highlights
- Laundry Room
- Rectangular Lot
- Wall Furnace
- Costa Mesa High School Rated A-
About This Home
Income-producing triplex in Central Costa Mesa near Wilson, Harbor and Fairview, minutes to the beach, South Coast Plaza, major freeways and John Wayne Airport. All three 2 bed 1 bath units include a private one-car garage plus an additional parking space. Units A and B are downstairs with rear patios that include exterior laundry hook-ups, and Unit C is an upstairs unit with a private deck and no laundry hook-ups. Recent improvements include a newer roof, dual-pane windows, upgraded electrical in all units, vinyl perimeter fencing, laminate flooring in Unit B and ceiling fans in Unit A. Tenants pay utilities except water and trash. The property is fully occupied at strong rents, producing a stronger-than-average gross cap rate for the Costa Mesa triplex market. Interior photos were taken prior to the current tenants.
Listing Agent
First Team Real Estate Brokerage Phone: 949-310-1256 License #01937449 Listed on: 10/22/2025
Co-Listing Agent
First Team Real Estate Brokerage Phone: 949-310-1256 License #00521530
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1958
Lot Details
- 6,098 Sq Ft Lot
- Two or More Common Walls
- Rectangular Lot
Parking
- 3 Open Parking Spaces
- 3 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Triplex
- Entry on the 12th floor
Interior Spaces
- 2,490 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Utilities
- Wall Furnace
Listing and Financial Details
- Tax Lot 13
- Tax Tract Number 2788
- Assessor Parcel Number 41906208
- $2,325 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- 3 Units
- College Park Subdivision
Building Details
- 3 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
- Gardener Expense $1,100
- Insurance Expense $3,412
- Trash Expense $987
- Water Sewer Expense $2,179
- Operating Expense $7,678
- Gross Income $98,100
- Net Operating Income $90,422
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/22/2025 10/22/25 | For Sale | $1,600,000 | +15.9% | $643 / Sq Ft | |
| 09/23/2022 09/23/22 | Sold | $1,380,000 | -8.0% | $554 / Sq Ft | View Prior Sale |
| 08/26/2022 08/26/22 | Pending | -- | -- | -- | |
| 06/21/2022 06/21/22 | Price Changed | $1,499,500 | -6.3% | $602 / Sq Ft | |
| 05/09/2022 05/09/22 | For Sale | $1,600,000 | -- | $643 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP25245121
APN: 419-062-08
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