600 Hamilton St, Costa Mesa, CA 92627
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600 Hamilton St Costa Mesa, CA 92627

$4,525,000 Sold Price as of 12/01/2023
  • 17 Beds
  • 15 Baths
  • 7,430 Sq.Ft.
Sold
$4,525,000 Sold Price as of 12/01/2023 Refinance Your Mortgage

Map preview of 600 Hamilton St, Costa Mesa, CA 92627

Property Overview: 600 Hamilton St Costa Mesa, CA has 17 bedrooms, 15 bathrooms, 7,430 living square feet and 20,012 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The Hamilton is a Trophy 8 Unit Apartment complex located in the heart of Costa Mesa, on a 20,012 Sq. Ft. Lot! This asset consists of: (2) 3Bed / 2Bath, (4) 2Bed / 2Bath, (1) 2Bed / 2Bath House (Built 2023), and (1) 1Bed / 1Bath House (Built 2023). Amenities include; Large Upgraded or New Units, Ample Parking (Carport and Open), Washer / Dryer Hookups, a Solar EV Charge Outlet and Spacious Patios & Balconies throughout. The buildings also benefit from newer construction (75% built in 1978, & 25% built in 2023), as well as its prime location; less than 1 mile from Triangle Square, and 2 Miles to the Sand! Additionally, the current owner has spent over $900,000+ in the past 4 Years converting this unique asset into a Turn-Key / low maintenance property. Please drive by only, and do not disturb the tenants.

Listed by Pat Swanson | BRE #01382974 | Pat Swanson
Last checked: 6 minutes ago | Last updated: December 4th, 2023 | Source CRMLS | DOM: 46

Home details

Lot Sq. Ft
20,012
HOA Dues
$0/mo
Year built
1978
Garage
--
Property Type:
Mixed Use
Status
Sold
MLS#
OC23171405
City
Costa Mesa
County
Orange
Time on Site
226 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 2
  • # of Electric Meters: 9
  • # of Gas Meters: 9
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,300
  • Total Rent: $3,300
  • Pro Forma/Market Rent: $3,395
Unit Breakdown 2
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $10,000
  • Pro Forma/Market Rent: $11,980
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,000
  • Total Rent: $3,000
  • Pro Forma/Market Rent: $3,250
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,250
  • Total Rent: $3,250
  • Pro Forma/Market Rent: $3,395
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,350
  • Total Rent: $2,350
  • Pro Forma/Market Rent: $2,495
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $269,220
  • Net Operating Income: $190,799
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $70,344
  • Electric: $450
  • Gas/Fuel: $432
  • Trash: $4,648
  • Insurance: $3,273
  • Professional Management: $0
  • Water/Sewer: $2,316

Property Details for 600 Hamilton St

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 15
Lot Information
  • Lot Features: Paved
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 8
  • Parcel Number: 42221120
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: 600 Hamilton
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 600 Hamilton St

Last sold for $4,525,000 on December 1st, 2023
  • December, 2023

  • Dec 1, 2023

    Date

    Sold

    CRMLS: OC23171405

    $4,525,000

    Price

  • Sep 14, 2023

    Date

    Active

    CRMLS: OC23171405

    $4,700,000

    Price

  • July, 2023

  • Jul 17, 2023

    Date

    Leased

    CRMLS: OC23112226

    $2,500

    Price

  • Jun 23, 2023

    Date

    Active

    CRMLS: OC23112226

    $2,650

    Price

  • Listing provided courtesy of CRMLS

    Newly built ADU house, 1- bedroom 1- bathroom, located on Hamilton Street just off Harbor Blvd in Costa Mesa, less than 1 mile from the I-55 Exit and just 3 miles from the beaches. Convinient access to the 55, 73 and 405 freeways. The home is a 500-square foot house and features a new kitchen with stainless steel appliances (dishwasher, stove, microwave) and quartz countertops, new bath with quartz countertops, luxurious vinyl flooring, fresh paint, recessed lighting, ceiling fans, and mini-split AC. Quiet location set back from the street with a sunny west facing private deck off the living room patio doors. Backyard also features a 10 x 8 storage shed for additional storage space. 1 off-street parking space included in rent. Community laundry facility on site. Water, trash, gardener included in rent. Dogs (less than 10 lbs/breed restrictions) ok, cats ok, no smoking.

  • June, 2023

  • Jun 26, 2023

    Date

    Leased

    CRMLS: OC23109526

    $3,000

    Price

  • Jun 20, 2023

    Date

    Active

    CRMLS: OC23109526

    $3,250

    Price

  • Listing provided courtesy of CRMLS

    Newly built, this beautiful 2-bedroom 2-bathroom house is located on Hamilton Street, just off Harbor Blvd in Costa Mesa, less than 1 mile from The Triangle and Downtown Costa Mesa and just 3 miles from the beaches. The 405, 73 and 55 freeways are conveniently accessible. The home is a single-story, 800-square foot house and features a new kitchen with quartz countertops and stainless steel appliances (dishwasher, stove, microwave), new bathrooms, luxurious vinyl flooring, fresh paint, recessed lighting, ceiling fans, kitchen pantry, laundry closet with washer/dryer hookups, mini-split AC system. There is also a sunny southwest facing private patio. Laundry facilities are also located on site and additional storage 10x8 sheds are available for rent. 2 off-street parking spaces are assigned with the house, with EV charging capability. Water, trash and gardener are included in rent, tenants only pay electricity (with the benefit of dedicated solar energy for additional electricity cost savings)

  • April, 2019

  • Apr 19, 2019

    Date

    Sold (Public Records)

    Public Records

    $2,075,000

    Price

  • July, 1997

  • Jul 29, 1997

    Date

    Sold (Public Records)

    Public Records

    $403,000

    Price

Show More

Tax History for 600 Hamilton St

Assessed Value (2020): $572,289
Year Land Value Improved Value Assessed Value
2020 $206,024 $366,265 $572,289

Home Value Compared to the Market

This property vs the competition

600 Hamilton St sold on December 1, 2023 for 247.63% higher than the current median sold price for the city of Costa Mesa which is $1,352,000. The median sold price per/sqft for Costa Mesa is $794 and this home is sold at $632.57 per/sqft which puts the price per square foot 20.33% lower than the current median sale per square foot for the city of Costa Mesa.

About 600 Hamilton St

Detailed summary of property

600 Hamilton St is a mixed use that recently sold in Costa Mesa, CA 92627. This mixed use property offered 17 bedrooms, 15 bathrooms, roughly 7,430 living square feet, and sits on an approximately 20,012 square foot lot. 600 Hamilton St was first listed on ArdentRealEstateGroup.com on September 14, 2023. The homeowner sold the property for $4,525,000. Home in Costa Mesa are selling for a median price of $1,352,000 and a median price per square foot of $794. Based on Ardent Real Estate Group's Costa Mesa Market Data, this home is sold 247.63% higher than the current median priced home. Local homes that are currently for sale include 2195 Whittier Blvd, 1141 N Mission Rd and 1210 Magnolia Ave. While the average home in Costa Mesa, CA is selling in 28 days, 600 Hamilton St has a days on market of 46 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 600 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 600 Hamilton St

Public county record property details
Beds
--
Baths
--
Year built
1978
Sq. Ft.
6,130
Lot Size
19,379
Stories
2
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
39
APN
422-211-20

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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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.