List Search

432 Hamilton St
Costa Mesa, CA 92627 Costa Mesa

$3,750,000 USD

Apartments For Sale  •  4,522 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,522 SF
  • Lot Size 0.2 AC
  • Building Class C
  • Year Built 2024
  • Cap Rate 4.73 %
45 Transit Score
77 Walk Score

Highlights

This complex offers an excellent 4.8% Cap Rate w/ new tax rate.
Two brand new 2 bedroom, 2 bath apartments, each 775 SF, were constructed in 2024.
The previously existing 3 unit building was painstakingly improved and upgraded in 2023.
The 3 unit building contains one 3 bedroom, 2 bath apartment and two 2 bedroom, 2 bath apartments.

Financial Summary (Actual)

Net Operating Income: $169,423 USD (2023)
Cap Rate: 4.73 %
Total Expenses: $56,197 USD

Amenities

  • Balcony
  • Dishwasher
  • Fireplace
  • Washer/Dryer
  • Stainless Steel Appliances
  • Patio

Public Transportation

Commuter RailDriveWalkDistance
Tustin (Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 14 min - 9.1 mi
AirportDriveWalkDistance
John Wayne/Orange County 7 min - 4.0 mi
Long Beach (Daugherty Field) 27 min - 21.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 5
Type: Surface
Included in Rent: Yes
Mark Simon 949-872-8322 Berkshire Hathaway HS California Properties
Mark Simon 949-872-8322 Berkshire Hathaway HS California Properties