Welcome to 164 Walnut in Costa Mesa - the Capital of Cool. This 6-plex is made up of five 2 bed/1 bath units and one 1 bed/1 bath unit, all of which have been renovated. Unit C has washer and dryer hookups, and there are opportunities to have additional hookups in unit A, B, D and potentially unit F. The property is minutes away from the bustling shopping and dining options on 17th Street, is within easy walking distance to the scenic Upper Newport Back Bay and is encircled by some of the nation's top public schools. Additionally, tenants have convenient access to the 55 Freeway, providing seamless connectivity to the entire Southern California region. The property is also adjacent to Newport Blvd, a Measure K corridor, which is slated for substantial redevelopment. With ample parking on site, and tucked away in a quiet cul de sac, and an 89 walk score---come quick!
Matterport links available for all units, please inquire.
Sold for $3,200,000
Listed by: Marterra Real Estate • Christine Morgan • Contact: 949-910-1042
Bought with: Compass
$3,200,000
164 Walnut St, Costa Mesa, CA 92627
11beds
6baths
3,586sqft
Multi Family
Built in 1953
-- sqft lot
$3,310,700 Zestimate®
$892/sqft
$4,145 Estimated rent
Home value
$3,310,700
$3.01M - $3.67M
$4,145/mo
Zestimate® history
Owner options
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$4,145/mo
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$4,145/mo
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$20,173/mo
Est. payment
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$20,173/mo
Est. payment
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Dryer hookupsAdditional hookupsDining optionsQuiet cul de sac
Zillow last checked:
Listing updated:
Listed by:
Christine Morgan DRE #01839037 949-910-1042,
Marterra Real Estate,
Daniel Morgan DRE #01901285,
Marterra Real Estate
Bought with:
Sean Grange, DRE #01343165
Compass
Source: CRMLS,MLS#: OC24041909
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 6
Rooms
- Room types: Bedroom, Family Room, Kitchen
Bedroom
- Features: Bedroom on Main Level
Heating
- Wall Furnace
Cooling
- None
Appliances
- Included: Gas Range, Microwave, Refrigerator, Water Heater
- Laundry: Inside, Laundry Room
Features
- Quartz Counters, Recessed Lighting, Bedroom on Main Level
- Flooring: Vinyl
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 3,586
- Total interior livable area: 3,586 sqft
Property
Parking
- Total spaces: 11
- Parking features: Door-Single, Garage
- Garage spaces: 5
- Uncovered spaces: 6
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Spa features: None
- Fencing: Wood
- Has view: Yes
- View description: None
Lot
- Size: 0.4 Acres
- Features: Front Yard, Rectangular Lot
Details
- Parcel number: 42603216
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Foundation: Slab
- Roof: Shingle
Condition
- Updated/Remodeled,Turnkey
- New construction: No
- Year built: 1953
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Street Lights
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Costa Mesa
Financial & listing details
- Price per square foot: $892/sqft
- Tax assessed value: $3,264,000
- Annual tax amount: $36,782
- Date on market: 3/1/2024
- Cumulative days on market: 70 days
- Listing terms: Cash,Cash to New Loan
- Inclusions: All appliances that belong to seller
- Total actual rent: 36150
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2024 | Sold | $3,200,000-5.9%$892/sqft |
Source:  CRMLS #OC24041909 Report a problem | ||
| 5/13/2024 | Contingent | $3,400,000$948/sqft |
Source: CRMLS #OC24041909 Report a problem | ||
| 4/25/2024 | Price change | $3,400,000-5.6%$948/sqft |
Source: CRMLS #OC24041909 Report a problem | ||
| 3/1/2024 | Listed for sale | $3,600,000+125%$1,004/sqft |
Source: CRMLS #OC24041909 Report a problem | ||
| 8/5/2020 | Sold | $1,600,000$446/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $36,782 +80.9% | $3,264,000 +92.2% |
| 2024 | $20,328 +2.8% | $1,697,932 +2% |
| 2023 | $19,779 +3% | $1,664,640 +2% |
| 2022 | $19,205 +3.1% | $1,632,000 +2% |
| 2021 | $18,621 +482% | $1,600,000 +1078.7% |
| 2020 | $3,199 | $135,745 +2% |
| 2019 | $3,199 +0.9% | $133,084 +2% |
| 2018 | $3,169 +2.8% | $130,475 +2% |
| 2017 | $3,082 | $127,917 +2% |
| 2016 | $3,082 +1.8% | $125,409 +1.5% |
| 2015 | $3,029 +3.5% | $123,526 +2% |
| 2014 | $2,926 | $121,107 +0.5% |
| 2013 | -- | $120,560 +2% |
| 2012 | -- | $118,197 +2% |
| 2011 | -- | $115,880 +0.8% |
| 2010 | -- | $115,014 -0.2% |
| 2009 | -- | $115,289 +2% |
| 2008 | -- | $113,029 +2% |
| 2007 | -- | $110,813 +2% |
| 2006 | -- | $108,641 +2% |
| 2005 | -- | $106,511 +2% |
| 2004 | -- | $104,423 +1.9% |
| 2003 | -- | $102,510 +2% |
| 2002 | -- | $100,500 +2% |
| 2001 | $1,464 +2.7% | $98,530 +2% |
| 2000 | $1,425 | $96,599 |
Find assessor info on the county website
Neighborhood: 92627
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Nearby schools
GreatSchools rating
- NAWoodland Elementary SchoolGrades: K-2Distance: 0.5 mi
- 9/10Horace Ensign Intermediate SchoolGrades: 7-8Distance: 1.7 mi
- 9/10Newport Harbor High SchoolGrades: 9-12Distance: 1.4 mi
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Estimated market value
$3,310,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$3,310,700
- California
- Orange County
- Costa Mesa
- 92627
- 164 Walnut St
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