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2038 Aliso Avenue
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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 |
|---|---|---|---|
| Oct 20, 2026 | Listed by Pacific Sotheby's Int'l Realty | $3,249,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
| Apr 10, 2026 | Sold | ||
| Sold | |||
| Mar 24, 2026 | In contract | - | |
| In contract | |||
| Feb 27, 2026 | Price Decreased |
$2,950,000
↓ $450K
(13.2%) | |
| Price Decreased | |||
| Jan 26, 2026 | Listed by Marterra Real Estate | $3,400,000 | |
| Listed by Marterra Real Estate | |||
| | |||
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Welcome to 2038 Aliso Avenue, where timeless style meets one of Costa Mesa’s most coveted locations. Set on an oversized lot towards the end of a quiet cul de sac, the property offers exceptional privacy and a sense of retreat. This 3-bedroom, 3-bathroom residence is thoughtfully positioned near the Newport Back Bay, offering easy access to scenic walking and biking trails and a lifestyle rooted in coastal ease. Just minutes away, 17th Street provides a vibrant mix of acclaimed dining, boutique shopping, and everyday conveniences, all within the highly rated Newport Mesa Unified School District. The home itself strikes a refined balance between original character and modern updates. A double-sided fireplace creates a warm architectural focal point, connecting the main living spaces with effortless elegance. In the chef’s kitchen, a newer refrigerator complements a layout designed for both function and entertaining. Many of the French doors and windows have been replaced, enhancing natural light and comfort throughout, while much of the original wood flooring has been beautifully refinished, preserving the home’s authentic charm. A newer roof adds an important layer of peace of mind. Classic, composed, and quietly impressive, 2038 Aliso Avenue is Costa Mesa living at its most polished.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017