Chad Concolino
Responds Quickly
Main Beach Realty
(949) 822-7638
20 Total Sales
1 in Downtown Costa Mesa
$1,370,000 Price
313 E 17th St Costa Mesa, CA 92627
Downtown Costa Mesa Neighborhood
3
Beds
2
Baths
18,355
Sq Ft
0.58
Acre Lot
Highlights
- 0.58 Acre Lot
- Laundry Room
- 8 Car Garage
- Mariners Elementary School Rated A
About This Home
As of July 2025Split between 313 and 325 E. 17th Place, (12 and 10 units, respectively) these two contiguous parcels with separate APNs hold six 1-bed/1-bath and sixteen 2-bed/1-bath units. There are 22 units laid out in a classic two-story garden-style format with central courtyards. It’s the kind of property people point at and say, “WOW, that’s your building?” Yeah. That one.
This 22 unit gem is tucked just behind the electric pulse of OC’s “it place” — 17th Street, in the heart of Eastside Costa Mesa, where coastal chill meets creative grit. This neighborhood doesn’t just check boxes — it defines lifestyle. It’s a place where surfboards share garage space with stylish startups — and where renters NEED to stay.
You’re minutes from Newport Beach, a quick shot to South Coast Plaza or Fashion Island, but the real draw is right here: the magnetic energy of the Eastside. For multifamily investors, this isn’t an up-and-comer — it’s a fully-arrived market that’s only headed in one direction: up.
80% of the units have been updated with modern finishes and LVP flooring, while the infrastructure holds strong: copper plumbing repipe, roof replaced within the last ~10 years, termite tented ~5 years ago, individual water heaters, and separate gas/electric meters. Parking includes 8 garages and 10 additional spaces — a serious edge in a neighborhood that’s always buzzing.
This is a cashflowing asset with curb appeal, street cred, and upside — a pride-of-ownership property that savvy investors want in their portfolio, not just for returns, but for reputation.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices California Properties Brokerage Phone: 949-677-3466 License #01804983 Listed on: 04/25/2025
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961
Lot Details
- 25,397 Sq Ft Lot
- Two or More Common Walls
- 42501112
Parking
- 8 Car Garage
- 10 Open Parking Spaces
- Parking Available
- Assigned Parking
Home Design
- Apartment
- Entry on the 1st floor
- Composition Roof
Interior Spaces
- 18,355 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 16
- Tax Tract Number 659
- Assessor Parcel Number 42501111
- $4,767 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 22 Units
- Eastside Central Subdivision
Amenities
- Laundry Facilities
Building Details
- 22 Leased Units
- 24 Separate Electric Meters
- 24 Separate Gas Meters
- 2 Separate Water Meters
- Electric Expense $1,500
- Fuel Expense $900
- Gardener Expense $3,600
- Insurance Expense $12,000
- Maintenance Expense $12,000
- Professional Management Expense $33,336
- Trash Expense $12,000
- Water Sewer Expense $20,894
- New Taxes Expense $100,000
- Operating Expense $184,230
- Gross Income $670,020
- Net Operating Income $479,123
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Costa Mesa, CA
-
Chad Concolino
-
Karla Stagman
Karla Stagman
Compass
(949) 732-1762
57 Total Sales
5 in Downtown Costa Mesa
$1M - $3.4M Price Range
-
Kai Jimenez
Kai Jimenez
SHELL PROPERTIES
(424) 501-2319
10 Total Sales
1 in Downtown Costa Mesa
$2,510,000 Price
-
Michael Arguello
Michael Arguello
Vista Pacific Realty
(657) 245-4250
17 Total Sales
1 in Downtown Costa Mesa
$1,255,000 Price
-
Rob Brandon
Rob Brandon
JohnHart Real Estate
(949) 751-1335
54 Total Sales
1 in Downtown Costa Mesa
$1,710,000 Price
-
Drew D'Angelo
Drew D'Angelo
Kase Real Estate
(949) 867-6319
75 Total Sales
4 in Downtown Costa Mesa
$1.5M - $4.7M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $9,567,000 | Equity Title | ||
| Baerg Kathleen M | -- | None Listed On Document | |
| Kathleen Baerg Family Trust | -- | None Listed On Document | |
| Baerg Harold J | -- | -- | |
| Baerg Harold J | $906,000 | American Title | |
| Key George G | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $6,900,000 | ||
| Previous Owner | Baerg Harold J | $2,500,000 | |
| Previous Owner | Baerg Harold J | $2,400,000 | |
| Previous Owner | Baerg Harold J | $2,090,200 | |
| Previous Owner | Baerg Harold J | $740,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/02/2025 07/02/25 | Sold | $9,566,590 | +0.7% | $521 / Sq Ft |
| 05/07/2025 05/07/25 | Pending | -- | -- | -- |
| 04/25/2025 04/25/25 | For Sale | $9,499,000 | -- | $518 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $19,253 | $5,220,000 | $4,819,635 | $400,365 |
| 2025 | $19,253 | $1,356,156 | $980,088 | $376,068 |
| 2024 | $18,757 | $1,329,565 | $960,870 | $368,695 |
| 2023 | $18,121 | $1,303,496 | $942,030 | $361,466 |
| 2022 | $17,290 | $1,277,938 | $923,559 | $354,379 |
| 2021 | $16,563 | $1,252,881 | $905,450 | $347,431 |
| 2020 | $16,403 | $1,240,035 | $896,166 | $343,869 |
| 2019 | $16,129 | $1,215,721 | $878,594 | $337,127 |
| 2018 | $15,837 | $1,191,884 | $861,367 | $330,517 |
| 2017 | $15,577 | $1,168,514 | $844,477 | $324,037 |
| 2016 | $15,256 | $1,145,602 | $827,918 | $317,684 |
| 2015 | $15,090 | $1,128,394 | $815,481 | $312,913 |
| 2014 | $14,744 | $1,106,291 | $799,507 | $306,784 |
Source: Public Records
Agents Affiliated with this Home
-
Christian Walsh
Seller's Agent in 2025
Christian Walsh
Berkshire Hathaway HomeServices California Properties
(949) 677-3466
3 in this area
68 Total Sales
-
Mike O’Neill
Buyer's Agent in 2025
Mike O’Neill
CB Richard Ellis, Inc.
(949) 725-8500
7 in this area
60 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25090611
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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