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353 Hamilton St, Costa Mesa, CA 92627
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353 Hamilton St Costa Mesa, CA 92627

$2,695,000
  • 10 Beds
  • 8 Baths
  • 5,173 Sq.Ft.
For Sale
$2,695,000 Get Pre-Qualified
Map preview of 353 Hamilton St, Costa Mesa, CA 92627

Property Overview: 353 Hamilton St Costa Mesa, CA has 10 bedrooms, 8 bathrooms, 5,173 living square feet and 11,065 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: We are pleased to present 353 Hamilton Street in Costa Mesa, a 6-unit multifamily property on a large corner lot of 11,065 square feet (1/4 acre) with huge upsides in rents. Excellent mix of units with two 2bd/2ba, two 2bd/1ba, and two 1bd/1ba. This property is located in an excellent residential income area with easy access to the 55 freeway. Ideally located close to nearby shopping, restaurants, parks, golf courses, Newport Beach, Huntington Beach, and Newport Harbor.

Listed by Todd Frelinger | BRE #01748434 | Prime Equity Properties, Inc.
Last checked: 7 minutes ago | Last updated: April 3rd, 2024 | Source CRMLS | DOM: 21
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Home details

Lot Sq. Ft
11,065
HOA Dues
$0/mo
Year built
1977
Garage
6 Car
Property Type:
Apartment
Status
Active
MLS#
OC24062099
City
Costa Mesa
County
Orange
Time on Site
27 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 2
  • # of Leased Units: 6
  • # of Electric Meters: 7
  • # of Gas Meters: 7
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,881
  • Total Rent: $1,882
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,881
  • Total Rent: $1,882
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,672
  • Total Rent: $1,672
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,732
  • Total Rent: $1,732
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,389
  • Total Rent: $2,390
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,030
  • Total Rent: $2,031
  • Pro Forma/Market Rent: $2,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $139,055
  • Net Operating Income: $87,163
  • Gross Operating Income: $139,055
Annual Expense Breakdown
  • Total Operating Expense: $51,892
  • Electric: $300
  • Gas/Fuel: $2,221
  • New Taxes: $30,000
  • Trash: $3,342
  • Cable TV: $240
  • Insurance: $7,897
  • Maintenance: $3,085
  • Professional Management: $0
  • Water/Sewer: $4,205

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Property Details for 353 Hamilton St

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 15
  • Has Parking
  • Parking Features: Garage, On Site
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Public Records
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 6
  • Parcel Number: 41918125
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Westside Costa Mesa South (WSCM)
  • Directions: From 55 Freeway, right on Victoria, left on Hamilton
Neighborhood Information
  • Community Features: Biking, Golf, Park
View more facts & features

Local Costa Mesa Agent

Sale History for 353 Hamilton St

Last leased for $1,700 on April 23rd, 2016

  • April, 2024

  • Apr 2, 2024

    Date

    Active

    CRMLS: OC24062099

    $2,695,000

    Price

  • April, 2016

  • Apr 13, 2016

    Date

    Price Change

    CRMLS: LG16076383

    $1,700

    Price

  • Listing provided courtesy of CRMLS

    2BR, 2BA, One Car Garage, New Stove and Dishwasher! Upper-End Unit with spacious Balcony! Light and Bright! Immaculate and ready for Move-In. Intimate Apartment Complex. Only 6 Units! Grounds are nicely landscaped. Clean Coin Operated Community Laundry Room. Quiet Community in Central Costa Mesa area. Located between Rea Community Center Park and Orange County Fairgrounds. Neighboring to Newport Beach and only minutes to Upper Newport Bay and the Beach! Harbor Blvd. and the CA-55 also minutes away for Shopping & Entertainment! READY NOW FOR SHOWINGS!

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Tax History for 353 Hamilton St

Assessed Value (2020): $883,158
Year Land Value Improved Value Assessed Value
2020 $441,579 $441,579 $883,158

Home Value Compared to the Market

This property vs the competition

353 Hamilton St is listed 94.02% higher than the median list price for the city of Costa Mesa which has a median list price of $1,389,000. The median price per/sqft for Costa Mesa is $811 and this home is listed at $520.97 per/sqft which puts the price per square foot 35.76% lower than the median price per square foot for the city of Costa Mesa.

About 353 Hamilton St

Detailed summary of property

353 Hamilton St is a apartment located in Costa Mesa, CA 92627 and is currently for sale. This apartment offers 10 bedrooms, 8 bathrooms, roughly 5,173 living square feet, and sits on an approximately 11,065 square foot lot. 353 Hamilton St was first listed on ArdentRealEstateGroup.com on April 2, 2024. The homeowner is currently asking $2,695,000. The median priced home in Costa Mesa is $1,389,000 with a median price per square foot of $811. Based on Ardent Real Estate Group's Costa Mesa Market Data, this home is listed 94.02% higher than the median priced home. Local competing homes currently for sale include 282 E 16th St, 186 Del Mar Ave and 210 41st St. While the average home in Costa Mesa, CA is selling in 28 days, 353 Hamilton St has a days on market of 21 days. There are currently 113 homes for sale in the Costa Mesa real estate market and 84 of them are single family homes while 14 of them are condos and 15 are townhomes. For more information on this home for sale at 353 Hamilton St Costa Mesa, CA 92627 contact Ardent Real Estate Group and we will put you in touch with one of our Costa Mesa agents.

Public Facts for 353 Hamilton St

Public county record property details
Beds
--
Baths
--
Year built
1977
Sq. Ft.
5,173
Lot Size
11,229
Stories
--
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Orange
Lot#
19
APN
419-181-25

The source for these homes facts are from public records.

92627 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,399,000
Median List Price/Sq.Ft.
$828
Median Sold Price
$1,350,000
Median Sold Price/Sq.Ft.
$1,046
Total Inventory
66
Median Sale to List Price %
103.85%
Avg Days on Market
17
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (31.82%), Other (18.18%)

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Recently Sold Homes Near 353 Hamilton St

367 Hamilton St, Costa Mesa, CA 92627
$1,190,000 Last Sold Price
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4 Baths
0 Sq.Ft.
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365 Ralcam Pl, Costa Mesa, CA 92627
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365 Ralcam Pl
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374 376 Hamilton St, Costa Mesa, CA 92627
$1,625,000 Last Sold Price
2 Beds
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374 376 Hamilton St
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2070 Thurin St, Costa Mesa, CA 92627
$950,000 Last Sold Price
4 Beds
3 Baths
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2070 Thurin St
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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