416 Hamilton St Costa Mesa, CA 92627
Highlights
- No HOA
- Laundry Room
- Bike Trail
- Costa Mesa High School Rated A-
- Forced Air Heating System
- Wood Fence
About This Home
**PRICE REDUCED** Prime Westside Costa Mesa investment opportunity featuring a well-maintained triplex just minutes from the beach, dining, and entertainment. The property offers a desirable unit mix of (2) 2BR/2BA units and (1) 3BR/2BA unit, each with private garages and updated finishes. One unit has been recently renovated and leased at a premium rent, with additional upside in the remaining units. The sale also includes plans for a new 2BR/2BA ADU, providing immediate value-add potential for investors or owner-users. Ideally located near Triangle Square, Pacific Coast Highway, and major freeways, this property combines strong in-place income with long-term growth in one of Orange County’s most sought-after rental markets.
Listing Agent
Gould Group Inc Brokerage Email: ng@gouldgroupinc.com License #01521955 Listed on: 08/18/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1973
Lot Details
- 8,795 Sq Ft Lot
- Two or More Common Walls
- Wood Fence
- Density is 2-5 Units/Acre
Parking
- 4 Open Parking Spaces
- 4 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Triplex
- Entry on the 2nd floor
- Shingle Roof
- Asphalt Roof
Interior Spaces
- 3,232 Sq Ft Home
- 2-Story Property
- Family Room with Fireplace
Bedrooms and Bathrooms
- 7 Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Outdoor Features
- Exterior Lighting
- Rain Gutters
Utilities
- Forced Air Heating System
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 10
- Tax Tract Number 247
- Assessor Parcel Number 41917111
- $2,325 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 3 Units
- Westside Costa Mesa Central Subdivision
Recreation
- Bike Trail
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,000
- Fuel Expense $1,000
- Gardener Expense $1,320
- Insurance Expense $1,778
- Maintenance Expense $7,019
- Trash Expense $1,000
- Water Sewer Expense $1,600
- New Taxes Expense $25,549
- Operating Expense $38,336
- Gross Income $119,640
- Net Operating Income $77,178
Map
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 | $17,409 | $1,462,239 | $1,253,556 | $208,683 |
| 2024 | $17,409 | $1,433,568 | $1,228,976 | $204,592 |
| 2023 | $16,852 | $1,405,459 | $1,204,878 | $200,581 |
| 2022 | $16,376 | $1,377,901 | $1,181,252 | $196,649 |
| 2021 | $15,899 | $1,350,884 | $1,158,090 | $192,794 |
| 2020 | $15,704 | $1,337,033 | $1,146,215 | $190,818 |
| 2019 | $15,360 | $1,310,817 | $1,123,740 | $187,077 |
| 2018 | $15,049 | $1,285,115 | $1,101,706 | $183,409 |
| 2017 | $14,799 | $1,259,917 | $1,080,104 | $179,813 |
| 2016 | $14,487 | $1,235,213 | $1,058,925 | $176,288 |
| 2015 | $14,352 | $1,216,659 | $1,043,019 | $173,640 |
| 2014 | $14,032 | $1,192,827 | $1,022,588 | $170,239 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/10/2026 02/10/26 | Pending | -- | -- | -- |
| 01/13/2026 01/13/26 | Price Changed | $2,099,000 | -2.4% | $649 / Sq Ft |
| 12/01/2025 12/01/25 | Price Changed | $2,150,000 | -2.2% | $665 / Sq Ft |
| 09/23/2025 09/23/25 | Price Changed | $2,199,000 | -2.3% | $680 / Sq Ft |
| 08/18/2025 08/18/25 | For Sale | $2,250,000 | -- | $696 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP25185792
APN: 419-171-11
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