425 Ford Rd - Apartments FOR SALE


Costa Mesa, CA 92627- Downtown Costa Mesa
$1,995,000 USD
949-996-4785
425 Ford Rd, Costa Mesa, CA for Sale
$1,995,000 USD
Apartments - FOR SALE
1/17
null | 3.34% Cap Rate

425 Ford Rd
Costa Mesa, CA 92627
Downtown Costa Mesa


HIGHLIGHTS

  • All 2BR/2BA Single Story Units
  • Garages + Off Street Parking
  • Recently Renovated Unit

OVERVIEW

425 Ford Road offers a rare opportunity to acquire a single-story multifamily property on a quiet, tree-lined street in one of Costa Mesa’s most desirable rental submarkets. The property features an all–2-bedroom, 2-bathroom unit mix, with average unit sizes exceeding 1,000 square feet—a highly attractive configuration for long-term tenant demand. Each unit includes a private patio or yard, enhancing livability and tenant retention. The asset also benefits from ample garage and off-street parking, a key competitive advantage in this area. One unit has been recently renovated, highlighting the value-add potential and upside in future rental growth. Located near the shopping and dining along Harbor Boulevard and East 17th Street, with easy freeway access, 425 Ford Road represents a core Costa Mesa investment with strong fundamentals and long-term upside.

FOR SALE DETAILS

PRICE

$1,995,000 USD

PRICE/SF

$641 USD /SF

# OF UNITS

3

PRICE/UNIT

$665,000

CAP RATE

3.34%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3U - 425 Ford Road, Costa Mesa, CA 92627

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,800 SF

ZONING

-

APN/PARCEL ID

419-202-01

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 Notice.