416 Hamilton St Costa Mesa, CA 92627
Estimated payment $12,351/month
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 |
|---|---|---|---|---|
| 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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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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