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Sold for $1,325,000
  • $1,325,000

    1019 American Pl, Costa Mesa, CA 92627

    4beds
    2baths
    1,750sqft
    Multi Family
    Built in 1962
    -- sqft lot
    $-- Zestimate®
    $757/sqft
    $2,793 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,793/mo

    Zestimate® history
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    What's special

    Classic mid-century construction
    We are pleased to present 1019 American Place, a rare duplex investment opportunity located in the highly desirable Westside Costa Mesa submarket. The property consists of two spacious 2-bedroom, 1-bathroom units, offering an attractive layout for tenants and strong rental appeal in a supply-constrained coastal market. Situated in one of Orange County's most sought-after rental locations, the asset benefits from immediate proximity to Newport Beach, major employment hubs, and premier retail corridors, making it an ideal option for both investors and occupants alike. Constructed in 1962, the property features classic mid-century construction with a proven track record of rental durability. The asset presents a compelling opportunity for a new owner to implement a strategic renovation program to modernize interiors and enhance overall curb appeal, allowing for increased rental income and long-term appreciation. Costa Mesa continues to demonstrate strong rental fundamentals driven by its coastal accessibility, connectivity to major freeways, and diverse employment base. These factors have supported consistent tenant demand and position the asset for stable cash flow with future upside. Offered for the first time in over five decades, the property has been under the same ownership since 1970, underscoring the long-term stability and desirability of the location. Additionally, the Westside Costa Mesa submarket is characterized by low transaction velocity, with limited inventory and infrequent sales, creating a unique opportunity for investors to acquire a tightly held asset in a premier coastal market. For more information, please reach out.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jonathan Weir DRE # 02038545 707-225-2402,

    Marcus & Millichap 424-405-3900

    Bought with:

    David Carpenter, DRE # 02310582

    T.N.G. Real Estate Consultants

    Source: CLAW,MLS#: 26828043MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Wall
    Cooling
    • None
    Appliances
    • Included: Range/Oven, Refrigerator, Disposal
    Interior area
    • Total structure area: 1,750
    • Total interior livable area: 1,750 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage Is Attached
    • Has attached garage: Yes
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 6,969 Square Feet
    • Dimensions: 65 x 107
    Details
    • Additional structures: None
    • Parcel number: 42208210
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1962

    Community & HOA

    Location
    • Region: Costa Mesa

    Financial & listing details

    • Price per square foot: $757/sqft
    • Tax assessed value: $69,004
    • Annual tax amount: $2,390
    • Date on market: 4/30/2026

    Price history

    DateEventPrice
    6/11/2026Pending sale$1,275,000-3.8%$729/sqft
    Source: CLAW #26828043 Report a problem
    6/10/2026Sold$1,325,000+3.9%$757/sqft
    Source: CLAW #26828043 Report a problem
    5/27/2026Contingent$1,275,000$729/sqft
    Source: CLAW #26828043 Report a problem
    4/30/2026Listed for sale$1,275,000$729/sqft
    Source: CLAW #26828043 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,390 +5.4%$69,004 +2%
    2024$2,268 +7.3%$67,651 +2%
    2023$2,114 +8.6%$66,325 +2%
    2022$1,946 +8.1%$65,025 +2%
    2021$1,800 +2.6%$63,750 +1%
    2020$1,755 $63,097 +2%
    2019$1,755 +2.7%$61,860 +2%
    2018$1,709 +3.3%$60,648 +2%
    2017$1,655 $59,459 +2%
    2016$1,655 +1.3%$58,294 +1.5%
    2015$1,633 +2.6%$57,419 +2%
    2014$1,592 $56,295 +0.5%
    2013-- $56,041 +2%
    2012-- $54,943 +2%
    2011-- $53,866 +0.8%
    2010-- $53,464 -0.2%
    2009-- $53,592 +2%
    2008-- $52,542 +2%
    2007-- $51,512 +2%
    2006-- $50,502 +2%
    2005-- $49,512 +2%
    2004-- $48,542 +1.9%
    2003-- $47,653 +2%
    2002-- $46,719 +2%
    2001$1,003 +3.8%$45,803 +2%
    2000$966 $44,905
    Find assessor info on the county website

    Neighborhood: 92627

    Nearby schools

    GreatSchools rating
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