1052 Concord Street
About This Property
Welcome to this spacious 6-bedroom, 2-bathroom home, offering 2,630 sq ft of living space on a generous 7,300 sq ft lot in the heart of Costa Mesa. The layout allows 2 of the bedrooms below to be utilized as a formal dining room or office space.
This property presents an incredible opportunity for the right investor or buyer ready to add their personal touch. The expansive family room, complete with a charming hearth, offers ample space for gatherings and relaxation. While the home requires some tender loving care, its layout and size provide a solid canvas for those looking to unlock its full potential. With plenty of room to create your dream home, this property is ideal for anyone seeking a one-of-a-kind residence in a highly desirable neighborhood.
Enjoy the best that Costa Mesa has to offer, with excellent schools, parks, shopping, and the best dining just moments away. Take advantage of this unique opportunity and reach out to get a tour scheduled; this will not last long.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 31, 2024 | Sold | ||
| Sold | |||
| Dec 11, 2024 | In contract | - | |
| In contract | |||
| Nov 25, 2024 | Listed by Chamberlain Real Estate | $1,198,888 | |
| Listed by Chamberlain Real Estate | |||
| Nov 18, 2024 | Sold | ||
| Sold | |||
| Oct 4, 2024 | Listed by Times Real Estate CA | $1,299,000 | |
| Listed by Times Real Estate CA | |||
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Priced to sell. Introducing this classic Costa Mesa home with large, private front coutyard. Beautiful sought after CM neighborhood. A rare find, this expanded floor plan is one of the largest in the area; 6 bed/2 bath home conveniently has 4 bedrooms downstairs and 2 bedrooms upstairs. Living area of 2,630 sq.ft. and lot of 7,316 sq.ft. is the perfect fit for adding your new pool/spa/ADU. Original owners have maintained this home and property with love throughout 3 generations! Almost all original 1964 with the exception of the following; permitted additions (great room and 2 bedrooms), double pane windows/sliders, roof, 2 A/C units, one upstairs and 1 downstairs and wood flooring throughout downstairs. 2 fireplaces, one gas and one wood burning. The perfect family property to transform into your own as well as an investors dream come true. Location, location, location.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017