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Sold for $1,339,000
  • Listed by: Pacific Sotheby's Int'l Realty • Mike Kennedy • Contact: 949-554-1200
    Bought with: Arbor Real Estate
    $1,339,000

    1940 Monrovia Ave, Costa Mesa, CA 92627

    3beds
    1,236sqft
    Single Family Residence
    Built in 1954
    7,260 Square Feet Lot
    $1,350,500 Zestimate®
    $1,083/sqft
    $4,544 Estimated rent

    Home value

    $1,350,500

    $1.24M - $1.46M

    $4,544/mo

    Zestimate® history
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    What's special

    Nestled on a serene, tree-lined street in the heart of Costa Mesa’s highly desirable Freedom Tract neighborhood, 1940 Monrovia Avenue presents a rare opportunity to own and personalize a charming single-family home in one of the Westside’s most coveted enclaves. This inviting 3-bedroom, 2-bathroom residence rests on a generous 7,260-square-foot lot, providing ample space for comfortable living today and significant expansion potential for tomorrow. The property strikes an ideal balance between relaxed neighborhood charm and unmatched convenience—steps from Canyon Park and just moments from local restaurants, shopping, and everyday amenities. True coastal living is effortlessly accessible, with the beach only about 1.5 miles away. Recent upgrades and improvements enhance the home’s appeal and peace of mind, including a new roof, updated electrical and plumbing systems, extensive termite remediation with fumigation, replaced windows, new ducting and HVAC components, a new fence, a new water heater, and a new washer and dryer. Standout features include a fully remodeled kitchen showcasing modern finishes and thoughtful design, ideal for daily meals and effortless entertaining. The spacious primary suite offers a true retreat, complete with a walk-in closet, an additional storage closet, and an oversized bathroom with a large Jacuzzi tub and a separate shower. The quiet street fosters privacy and a strong sense of community, while the expansive lot and large backyard invite outdoor enjoyment—perfect for entertaining, pets, play space for children, gardening, or future enhancements such as additions or upgraded outdoor living areas. This well-positioned home in the Freedom Tract beautifully combines timeless mid-century charm, an unbeatable location, recent high-quality updates, and tremendous room to grow. Don’t miss the chance to discover this hidden gem and envision its full potential as your own.

    Zillow last checked:

    Listing updated:

    Listed by:

    Mike Kennedy DRE #01378430 949-375-0881,

    Pacific Sotheby's Int'l Realty

    Bought with:

    Kevin Smith, DRE #01417297

    Arbor Real Estate

    Source: CRMLS,MLS#: NP26020793MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 3
    • Main level bedrooms: 3
    Rooms
    • Room types: Bedroom, Family Room, Kitchen, Primary Bathroom, Primary Bedroom, Other
    Bedroom
    • Features: All Bedrooms Down
    Cooling
    • None
    Appliances
    • Included: Dryer, Washer
    • Laundry: Laundry Closet
    Features
    • All Bedrooms Down
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,236 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Attached
    • Attached garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Ground
    • Pool features: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 7,260 Square Feet
    • Features: 0-1 Unit/Acre, Front Yard, Sprinklers In Front, Lawn
    Details
    • Parcel number: 42251319
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1954

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Biking, Curbs, Gutter(s), Hiking, Park, Preserve/Public Land, Ravine, Storm Drain(s), Street Lights
    • Subdivision: Freedom Homes (Free)
    Location
    • Region: Costa Mesa

    Financial & listing details

    • Price per square foot: $1,083/sqft
    • Tax assessed value: $544,288
    • Annual tax amount: $6,790
    • Date on market: 1/29/2026
    • Cumulative days on market: 26 days
    • Listing terms: Cash to Existing Loan

    Price history

    DateEventPrice
    3/9/2026Sold$1,339,000-0.7%$1,083/sqft
    Source: CRMLS #NP26020793 Report a problem
    3/5/2026Pending sale$1,349,000$1,091/sqft
    Source: CRMLS #NP26020793 Report a problem
    3/2/2026Listed for sale$1,349,000$1,091/sqft
    Source: CRMLS #NP26020793 Report a problem
    7/18/2014Listing removed$2,400$2/sqft
    Source: Matthew Investment Properties, Inc. Report a problem
    5/20/2014Listed for rent$2,400$2/sqft
    Source: Matthew Investment Properties, Inc. Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,790 +2.5%$544,288 +2%
    2024$6,626 +3.5%$533,616 +2%
    2023$6,404 +3.5%$523,153 +2%
    2022$6,187 +3%$512,896 +2%
    2021$6,005 +1.2%$502,840 +1%
    2020$5,933 $497,684 +2%
    2019$5,933 +2.2%$487,926 +2%
    2018$5,807 +3.8%$478,359 +2%
    2017$5,597 $468,980 +2%
    2016$5,597 +2.1%$459,785 +1.5%
    2015$5,480 +3.3%$452,879 +2%
    2014$5,306 $444,008 +0.7%
    2013-- $441,000 +5%
    2012-- $420,000
    2011-- $420,000 +18%
    2010-- $356,000 -14.1%
    2009-- $414,380 +2%
    2008-- $406,255
    2007-- $406,255 +2%
    2006-- $398,290 +35.1%
    2005-- $294,865 +121.4%
    2004-- $133,168 +1.9%
    2003-- $130,728 +2%
    2002-- $128,165 +2%
    2001$1,581 +3%$125,652 +2%
    2000$1,535 $123,189
    Find assessor info on the county website

    Neighborhood: 92627

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,350,500
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,350,500