Gould Group is pleased to present 432 Hamilton Street, a fully renovated five-unit multifamily investment property located in the heart of Costa Mesa’s desirable Westside neighborhood. The property is currently master leased at $19,000 per month, providing stable, predictable cash flow with a current 5.06% cap rate and additional upside upon lease conversion to individual units.
The unit mix consists of one 3-bedroom/2-bath and four 2-bedroom/2-bath units, including two brand-new ADUs (2024)
and three fully renovated units (2023) featuring modern kitchens with stone countertops and stainless steel appliances, in-unit laundry, and private outdoor patios or balconies. With six off-street parking spaces, separate gas and electric meters, and a prime location just minutes from the beach, 17th Street retail, and Triangle Square, 432 Hamilton offers turnkey operations, strong in-place income, and long-term value in one of Orange County’s strongest rental markets.