$1,680,000
SOLD DEC 8, 2025

2865 Mendoza Dr Costa Mesa, CA 92626

2 Beds
1 Bath
3,086 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$544 Per Sq Ft

16% Below List Price

19 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Bike Trail
  • Costa Mesa High School Rated A-
  • 4 Car Garage
  • Dog Park

About This Home

As of December 2025

A 4-unit Investment Opportunity in the City of Costa Mesa which is one of the most desirable coastal housing markets. This multi-family complex consists of 4-2 bedroom 1 bath apartments with the convenience of on-site laundry and garages. Located in Mesa Del Mar with the added convenience of being near the 405, 55 and 73 Freeways for commuting. With this Central Costa Mesa location, you are within close proximity to Schools, Orange Coast College, shopping at South Coast Plaza and Segerstrom Center for the Arts

Last Agent to Sell the Property

Elsa Gagetta

Canyon Country Properties Brokerage Phone: 951-454-1155 License #00623337 Listed on: 09/15/2025

Last Buyer's Agent

Mark Bridge

Mark Bridge, Broker License #01316702

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1964

Lot Details

  • 6,098 Sq Ft Lot
  • No Common Walls
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • Common Roof

Interior Spaces

  • 3,086 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 3922
  • Assessor Parcel Number 14157307
  • $1,691 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Mesa Del Mar Subdivision

Recreation

  • Dog Park
  • Bike Trail

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Fuel Expense $480
  • Gardener Expense $720
  • Insurance Expense $2,400
  • Other Expense $12,000
  • Trash Expense $600
  • Water Sewer Expense $3,000
  • Operating Expense $19,800
  • Gross Income $1,200
  • Net Operating Income $73,860

Property Details

Home Type

Apartment

Year Built

Built in 1964

Lot Details

6,098 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: No
  • Road Surface Type: Paved
  • Subdivision Name Other: Mesa Del Mar (MDMA)
  • Water Sewer Expenses: 3000.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 14157307
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Levels: Two
  • Price Per Square Foot: 544.39

Exterior Features

  • Pool Private: No
  • Roof: Common Roof

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Biking, Curbs, Dog Park, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level, Paved
  • Lot Size Sq Ft: 6098.00
  • Lot Size Acres: 0.1400

Multi Family

  • Electric Expense: 600.00
  • Fuel Expense: 480.00
  • Gross Income: 1200.00
  • Gross Operating Income: 93660.00
  • Gross Scheduled Income: 93660.00
  • Insurance Expense: 2400.00
  • Laundry Income: 1200.00
  • Lot Size Area: 6098.0000 Square Feet
  • Net Operating Income: 73860.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 19800.00
  • Other Expense: 12000.00
  • Other Expense Description: taxes
  • Other Income Description: laundry
  • Rent Control: No
  • Total Expenses: 19800.00

Tax Info

  • Tax Census Tract: 639.04
  • Tax Lot: 16
  • Tax Tract Number: 3922
  • TaxOtherAnnualAssessmentAmount: 1691.00
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Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2025 12/08/25 Sold $1,680,000 -11.3% $544 / Sq Ft
10/04/2025 10/04/25 Pending -- -- --
09/23/2025 09/23/25 Price Changed $1,895,000 -5.0% $614 / Sq Ft
09/15/2025 09/15/25 For Sale $1,995,000 -- $646 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $2,762 $103,779 $30,698 $73,081
2024 $2,762 $101,745 $30,096 $71,649
2023 $2,640 $99,750 $29,505 $70,245
2022 $2,416 $97,795 $28,927 $68,868
2021 $2,219 $95,878 $28,360 $67,518
2020 $2,198 $94,895 $28,069 $66,826
2019 $2,177 $93,035 $27,519 $65,516
2018 $2,146 $91,211 $26,979 $64,232
2017 $2,116 $89,423 $26,450 $62,973
2016 $2,079 $87,670 $25,931 $61,739
2015 $2,051 $86,354 $25,542 $60,812
2014 $2,006 $84,663 $25,042 $59,621
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW25203539

California Regional Multiple Listing Service (CRMLS)

APN: 141-573-07

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