CA > Costa Mesa
Costa Mesa, CA 92627,432 Hamilton Street
Costa Mesa, CA 92627,432 Hamilton Street
Costa Mesa, CA 92627,432 Hamilton Street
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$3,350,000
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5 Beds
4 Baths
Active

432 Hamilton Street Costa Mesa, CA 92627

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Patty Doyle

Patty Doyle

+1(619) 886-0321

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID NP25174755

Bedrooms 5

Property Sub-Type Res Income 2-4 Units

Property Description

432 Hamilton Street is a fully renovated five-unit multifamily investment property located in Costa Mesas desirable Westside neighborhood. Currently master leased at $19,000 per month, the property provides investors with stable, predictable cash flow and a 5.06% cap rate, with future upside upon conversion to individual leases. The unit mix consists of one 3-bedroom/2-bath and four 2-bedroom/2-bath units, including two brand-new ADUs completed in 2024 and three extensively renovated units in the original 1977 building. Each residence features modern kitchens with stone countertops and stainless steel appliances, updated bathrooms, in-unit laundry, and private outdoor patios or balconies. The property offers six off-street parking spaces, separate gas and electric meters, and a low-maintenance layout on an 8,795 SF lot. Ideally located just minutes from the beach, 17th Street retail, and Triangle Square, 432 Hamilton combines turnkey operations, strong in-place income, and long-term value in one of Orange Countys most sought-after rental markets.

Location

State CA

County Orange

Zoning Assessor

Direction Located off Harbor Blvd, just south of Victoria Street.

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 41917130

MLS Router / San Diego MLS
Listed by Nick Gould Gould Group Inc

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agent

Patty Doyle

Agent | License ID: 01507441

+1(619) 886-0321

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432 Hamilton Street

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