NOT LISTED FOR SALE

416 Hamilton St Costa Mesa, CA 92627

7 Beds
6 Baths
3,232 Sq Ft
8,795 Sq Ft Lot

Sale Details

Date Sold: March 11, 2026

Last sale price $2,010,000 $622 Per Sq Ft

176 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Wood Fence
  • Costa Mesa High School Rated A-
  • Bike Trail

About This Home

As of March 2026

**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.

Last Agent to Sell the Property

Nick Gould

Gould Group Inc Brokerage Email: ng@gouldgroupinc.com License #01521955 Listed on: 08/18/2025

Last Buyer's Agent

Sandra Radey

Coldwell Banker Realty License #00761367

Coldwell Banker Realty

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 in unit
  • 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

  • Tenant pays for gas, cable TV, electricity
  • 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

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

8,795 Sq Ft Lot

Parking

4

Listing Details

  • CapRate: 3.70
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Westside Costa Mesa Central (WCMC)
  • View: No
  • Water Sewer Expenses: 1600.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 1320.00
  • Parcel Number: 41917111
  • Year Built: 1973
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 2
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 621.91

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Shingle, Asphalt
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Water Available, Sewer Available, Phone Available, Natural Gas Available, Cable Available, Electricity Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1000.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Gutters, Curbs, Biking, Street Lights, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 8795.00
  • Lot Size Acres: 0.2019

Rental Info

  • Tenant Pays: Gas, Cable TV, Electricity

Multi Family

  • Electric Expense: 1000.00
  • Fuel Expense: 1000.00
  • Gross Income: 119640.00
  • Gross Multiplier: 17.54
  • Gross Operating Income: 116051.00
  • Gross Scheduled Income: 119640.00
  • Insurance Expense: 1778.00
  • Lot Size Area: 8795.0000 Square Feet
  • Maintenance Expense: 7019.00
  • Maintenance Percent: 6.00
  • Net Operating Income: 77178.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 38873.00
  • Operating Expense Percent: 32.90
  • Rent Control: Yes
  • Total Expenses: 38336.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 25549.00
  • Tax Census Tract: 637.02
  • Tax Lot: 10
  • Tax Tract Number: 247
  • TaxOtherAnnualAssessmentAmount: 2325.00
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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
03/11/2026 03/11/26 Sold $2,010,000 -4.2% $622 / 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)

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
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
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP25185792

California Regional Multiple Listing Service (CRMLS)

APN: 419-171-11

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