PRICED TO SELL!!! Sellers have already secured their up-leg 1031 Exchange property. This property is in an excellent rent area near Mesa Verde in Costa Mesa. Excellent unit mix with a single story 2br-1ba plus den converted to a 3rd bedroom, living room fireplace, large yard and no one above. These tenants will be moving out shortly after close of escrow. So, you will be able to then rent it out at market rent. There is also (2) 2br-1.5ba townhouse units with large patios and large living rooms as well as large bedrooms. All units have a 1 car private enclosed garage and each unit has it's own washer and dryer hookup inside the each unit. The entire roof has been recently replaced with all new plywood and asphalt shingles at the cost of approx, $35,000. the building has all newer windows and sliding doors as well. This is an excellent long term apartment property investment in an excellent area of Costa Mesa. Hurry on this one!!!
Sold for $1,320,000
Listed by: New Dimension Investment Prop • Bob Walz • Contact: 714-918-2978
Bought with: New Dimension Investment Prop
$1,320,000
1548 N Elm Ave, Costa Mesa, CA 92626
7beds
5baths
3,167sqft
Multi Family
Built in 1960
-- sqft lot
$1,333,500 Zestimate®
$417/sqft
$3,252 Estimated rent
Home value
$1,333,500
$1.23M - $1.45M
$3,252/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Bob Walz DRE #00640512 714-393-8060,
New Dimension Investment Prop
Bought with:
Bob Walz, DRE #00640512
New Dimension Investment Prop
Source: CRMLS,MLS#: OC25144160
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
Heating
- Wall Furnace
Appliances
- Included: Disposal, Gas Oven, Gas Range
- Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Features
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,167
- Total interior livable area: 3,167 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage
- Garage spaces: 3
Features
- Levels: Two
- Stories: 2
- Entry location: 1st Flr.
- Pool features: None
Lot
- Size: 7,151 Square Feet
- Features: Lawn, Near Public Transit, Rectangular Lot, Sprinkler System, Street Level, Yard
Details
- Parcel number: 03505416
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Roof: Composition,Shingle
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Electric: Electricity - On Property, Standard
- Sewer: Sewer Tap Paid
- Water: Public
- Utilities for property: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Water Available, Water Connected
Community & HOA
Community
- Features: Curbs
- Subdivision: Other
Location
- Region: Costa Mesa
Financial & listing details
- Price per square foot: $417/sqft
- Date on market: 6/26/2025
- Cumulative days on market: 15 days
- Listing terms: Cash,Cash to New Loan,Conventional
- Total actual rent: 5300
- Tenant pays: Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 7/25/2025 | Sold | $1,320,000-10.5%$417/sqft |
Source:  CRMLS #OC25144160 Report a problem | ||
| 6/27/2025 | Contingent | $1,475,000$466/sqft |
Source: CRMLS #OC25144160 Report a problem | ||
| 6/27/2025 | Listed for sale | $1,475,000$466/sqft |
Source: CRMLS #OC25144160 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 92626
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Nearby schools
GreatSchools rating
- 10/10California Elementary SchoolGrades: K-6Distance: 1.1 mi
- 5/10Charles W. Tewinkle Middle SchoolGrades: 7-8Distance: 0.9 mi
- 6/10Estancia High SchoolGrades: 9-12Distance: 1.3 mi
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Estimated market value
$1,333,500
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Estimated market value
$1,333,500
- California
- Orange County
- Costa Mesa
- 92626
- 1548 N Elm Ave
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