1627 Tustin Avenue
About This Property
Enjoy the quite, peaceful setting with privacy & great space for entertaining behind the Venetian style plaster & stone walls with wrought iron gates.
Gourmet kitchen includes center island, built-in eating nook, granite counters stainless steel appliance & rich wood cabinets. Master bedroom/bath has a walk-in-closet, separate shower & tub area. The long driveway lead to an oversized two car garage. Off the garage is a bonus room. Use your imagination. What do you want or need...an office, a workout room, in-law quarters, etc. Just a block to Newport Heights, Newport Harbor High.
Close to all the great shops & resturants on 17th Street. Easy freeway access. Close to Beach, Harbour, PCH & Hoag Hospital.
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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 |
|---|---|---|---|
| Aug 9, 2024 | Sold | ||
| Sold | |||
| May 28, 2024 | Listed by H & M Realty Group | $2,349,000 | |
| Listed by H & M Realty Group | |||
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Nestled in the vibrant Eastside Costa Mesa neighborhood, this home blends classic charm with modern comfort, embodying the best of Southern California living. As you approach, the tree-lined street sets the tone for the warm welcome inside. Known for its family-friendly atmosphere, Eastside Costa Mesa offers proximity to excellent schools, parks, and recreational facilities. Just a short drive away, the retail and dining districts of 17th Street and Newport Beach provide upscale shopping, dining, and entertainment options, ideal for those seeking both serenity and convenience. Step through the front door into a spacious living room bathed in natural light. Warm hardwood floors, a cozy fireplace, and large windows create an inviting space for relaxation. Adjacent to the living room, an elegant dining area seamlessly flows for entertaining. The heart of the home is its gourmet kitchen, featuring high-end stainless-steel appliances, custom cabinetry, and a large center island with granite countertops. The breakfast nook, with garden views, offers a casual dining space perfect for morning coffee. The primary suite is a serene retreat designed for comfort, featuring a walk-in closet and a spa-like en-suite bathroom with dual vanities, a soaking tub, and a separate shower. Additional bedrooms provide comfort and privacy for family or guests. The beautifully landscaped backyard is an entertainer’s dream. A covered patio is perfect for al fresco dining, while the lush lawn area is ideal for outdoor activities. Mature trees and flower beds enhance the serene ambiance, creating a private sanctuary. Modern amenities include central air conditioning, a laundry room, and a two-car attached garage. Energy-efficient windows and updated systems ensure comfort and peace of mind. Eastside Costa Mesa offers a strong sense of community and quality of life. Residents enjoy access to top-rated schools and the Back Bay Nature Reserve with its scenic trails. This property is more than a house; it’s a lifestyle. With its prime location, elegant interior, and stunning outdoor spaces, this home offers an exceptional opportunity to enjoy the best of Costa Mesa living. R2MD zoning with possibility to build 2 units. A compact gas stove, studio setup, and enormous yard. The property also comes equipped with microwave, refrigerator, heat, AND air conditioning. Property was built in 1929 and remodeled in 2005. Extra room is permitted as a utility room and NOT an ADU.
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| Sep 5, 2017 | Sold | ||
| Sold | |||
| Jul 11, 2017 | Listed by Star Real Estate | $1,275,000 | |
| Listed by Star Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017