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1697 Labrador
About This Property
Inside the main home, luxury vinyl flooring creates a warm, cohesive feel, complemented by stone tile in the bathrooms for a touch of timeless elegance. Three perfectly placed fireplaces add character and cozy ambiance, while a bountiful collection of windows and strategically added sun tunnels fill the home with uplifting natural light.
The guest bathroom has been meticulously designed with a spacious shower and a serene soaking tub offering a spa-like escape for unwinding at the end of the day.
Adding exceptional versatility, the property includes a well-planned ADU, offering unlimited potential for additional income, private guest accommodations, or a comfortable retreat for teens or extended family. Its layout integrates seamlessly with the main home while still providing privacy and independence.
Set in one of Costa Mesa's most desirable neighborhoods, this home blends thoughtful upgrades, flexible living spaces, and an unmistakable sense of calm, a place where life simply feels easier.
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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 |
|---|---|---|---|
| Sep 28, 2026 | Sold | ||
| Sold | |||
| Aug 27, 2026 | In contract | - | |
| In contract | |||
| Aug 12, 2026 | Relisted | $1,899,999 | |
| Relisted | |||
| Aug 1, 2026 | In contract | - | |
| In contract | |||
| Jul 8, 2026 | Listed by Torelli Realty | $1,999,999 | |
| Listed by Torelli Realty | |||
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About Costa Mesa
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017