416 Hamilton St - Apartments FOR SALE


Costa Mesa, CA 92627- Westside Costa Mesa
$2,250,000 USD
949-996-4785
416 Hamilton St, Costa Mesa, CA for Sale
$2,250,000 USD
Apartments - FOR SALE
1/16
null | 3.27% Cap Rate

416 Hamilton St
Costa Mesa, CA 92627
Westside Costa Mesa


HIGHLIGHTS

  • Property to be delivered with Approved ADU Plans
  • Large 3 & 2-Bedroom Units
  • Private Patios & Yards, Washer/Dryer Hook-Ups
  • Ample Garage & Off-Street Parking

OVERVIEW

416 Hamilton Street – Prime Costa Mesa Triplex Investment Opportunity Offered at $2,250,000, this well-maintained triplex in Costa Mesa’s sought-after Westside neighborhood features a strong rental profile and additional upside potential. The property consists of (1) 3BR/2BA unit and (2) 2BR/2BA units, with one two-bedroom recently renovated and leased for $3,700/month. Tenants enjoy ample parking with four single-car garages plus four additional spaces. As part of the sale, the property will be delivered with approved plans for a new 2BR/2BA ADU, allowing a buyer to break ground quickly and boost income potential. The location offers excellent access to the beach, 17th Street retail, Triangle Square, and major freeways, making it highly attractive to tenants and investors alike. Whether you’re seeking stable income, value-add upside, or a prime coastal location, 416 Hamilton Street offers a rare chance to secure a versatile asset in one of Orange County’s fastest-growing rental markets.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$696 USD /SF

# OF UNITS

3

PRICE/UNIT

$750,000

CAP RATE

3.27%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,795 SF

ZONING

R2-MD

APN/PARCEL ID

419-171-11

ASK ABOUT THIS PROPERTY

Nick GouldGould Group Investment Real EstateMore Info
949-996-4785

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Nick GouldGould Group Investment Real EstateMore Info
949-996-4785

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.