353 Hamilton Street

Costa Mesa, CA 92627

$2,695,000
Price
10
Beds
8
Baths
5,173 Sq. Ft.
$521 / Sq. Ft.
5,173
Sq. Ft.
$521
per Sq. Ft.

Description

We are pleased to present 353 Hamilton Street in Costa Mesa, a 6-unit multifamily property on a large corner lot of 11,065 square feet (1/4 acre) with huge upsides in rents. Excellent mix of units with two 2bd/2ba, two 2bd/1ba, and two 1bd/1ba. This property is located in an excellent residential income area with easy access to the 55 freeway. Ideally located close to nearby shopping, restaurants, parks, golf courses, Newport Beach, Huntington Beach, and Newport Harbor.We are pleased to present 353 Hamilton Street in Costa Mesa, a 6-unit multifamily property on a large corner lot of 11,065 square feet (1/4 acre) with huge upsides in rents. Excellent mix of units with two 2bd/2ba, two 2bd/1ba, and two 1bd/1ba. This property is located in an excellent residential income area with easy access to the 55 freeway. Ideally located close to nearby shopping, restaurants, parks, golf courses, Newport Beach, Huntington Beach, and Newport Harbor.
  1. Listed by Todd Frelinger • DRE #01748434 • Brokerage DRE #02064505 • Prime Equity Properties, Inc. • 949-416-9856

Property Details for 353 Hamilton Street

Parking Spaces Total
15
Private Pool
No
Total Units
6.0
Building Type
Attached
Lot Size Source
Public Records
Living Area
5173
Assessor Parcel Number
419-181-25
Property Attached YN
true

Location

Listing Courtesy of Prime Equity Properties, Inc., Todd Frelinger, DRE #01748434
Add your commute
LISTING UPDATED: 04/03/2024 01:44 AM

Property Details for 353 Hamilton Street

StatusActive
MLS #OC24062099
Days on Market27
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1977
CountyOrange County

Location

Listing Courtesy of Prime Equity Properties, Inc., Todd Frelinger, DRE #01748434
Add your commute

Building Information for 353 Hamilton Street

Building/Complex353 Hamilton StFloor-Stories2Residences-Pet Policy-Year Built1977Building Size-

Payment Calculator

$15,784 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,708

Property Taxes

$1,076

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 353 Hamilton Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $139,055
  • Gross Operating Income: $139,055
  • Net Operating Income: $87,163
Expense Details
  • Operating Expense: $51,892
  • New Taxes Expense: $30,000
  • Cable TV Expense: $240
  • Fuel Expense: $2,221
  • Pest Control Expense: $348
  • Electric Expense: $300
  • Insurance Expense: $7,897
  • Maintenance Expense: $3,085
  • Professional Management Expense: $0
  • Trash Expense: $3,342
  • Water Sewer Expense: $4,205
  • Total Expenses: $51,892
Tax / Assessment Info
  • Tax Tract Number: 9
  • Tax Census Tract: 637.02
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 19
Community / Development
Community / Development
  • Community Features: Biking, Golf, Park
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
Exterior Features
  • Entry Location: side
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 6
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 6
  • Parking: Yes
  • Parking Garage: Garage
  • Parking Garage Spaces: 6
  • Carport Spaces: 0
  • Parking Features: Garage, On Site
Property / Structure Info
  • Builders Tract Name: Westside Costa Mesa South
  • Builders Tract Code: Westside Costa Mesa South (WSCM)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,389
  • Unit Type Total Rent: $2,390
  • Unit Type Pro Forma: 2800
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,031
  • Unit Type Total Rent: $2,031
  • Unit Type Pro Forma: 2800
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,882
  • Unit Type Total Rent: $1,882
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,882
  • Unit Type Total Rent: $1,882
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,732
  • Unit Type Total Rent: $1,732
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,672
  • Unit Type Total Rent: $1,672
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 6
Unit Information
  • Number Of Units Leased: 6
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1

Property History for 353 Hamilton Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 353 Hamilton Street

Taxable ValueLand$473,462Additions$479,045Total$952,507
Tax Record2023$12,911 ($1,076 / month)
Home Facts
Total Finished SqFt5,173 SqFtAbove Grade Finished SqFt5,173 SqFtLot Size11,065 SqFtStyleMulti-Family Dwelling (2-4)Year Built1977CountyORANGEAPN419-181-25

Schools near 353 Hamilton Street

This home is within Newport-Mesa Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 12
Public - 9 to 12
Public - K to 12
Rating
School
Distance
College Park Elementary School
PublicK to 6

Costa Mesa High School
Public7 to 12

Back Bay High School
Public9 to 12

Monte Vista High School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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353 Hamilton Street is a multi-family home for sale in Costa Mesa, CA 92627. This property was listed for sale on April 2, 2024 by Prime Equity Properties, Inc., it's currently listed at $2,695,000. It has been on the market for a total of 27 days and was last sold on February 16, 1990. This listing's school district is Newport-Mesa Unified School District. Nearby schools include College Park Elementary School, Costa Mesa High School and Back Bay High School. 353 Hamilton Street is a 10-bed, 8-bath, 5,173 sqft multi-family home built in 1977.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Prime Equity Properties, Inc., Todd Frelinger, DRE #01748434

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.