2136 Parsons Street
About This Property
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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%.
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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 |
|---|---|---|---|
| Jun 16, 2026 | Sold | ||
| Sold | |||
| May 26, 2026 | In contract | - | |
| In contract | |||
| May 16, 2026 | Listed by Realty One Group West | $1,399,000 | |
| Listed by Realty One Group West | |||
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Welcome to this beautifully updated home in the heart of Costa Mesa, ideally located near the vibrant shops, dining, and beaches that make the area so desirable. This inviting residence offers the perfect blend of modern upgrades, comfort, and Southern California lifestyle living.
Step inside to discover a bright and open floor plan featuring spacious living areas, abundant natural light, and stylish finishes throughout. The updated kitchen is designed for both everyday living and entertaining, complete with modern cabinetry, sleek countertops, and quality appliances. The adjoining dining and living spaces create a warm and welcoming atmosphere perfect for gatherings with family and friends.
The home has been freshly painted inside and out. Recent upgrades include a washer, dryer, and water heater installed within the last 2 years, along with a dishwasher that is only 6 months old. The home also features energy-efficient ductless mini-split systems installed in every room within the last 3 years, providing personalized comfort throughout the home.
The generously sized bedrooms provide comfort and privacy, while the bathrooms have been thoughtfully refreshed. Outside, enjoy a private backyard ideal for relaxing, entertaining, or enjoying Costa Mesa’s year-round California weather.
Situated in a prime location close to local parks, top-rated schools, shopping, dining, and just minutes from the beaches of Newport and Huntington, this home offers convenience and lifestyle in one of Orange County’s most sought-after communities.
Don’t miss the opportunity to own this move-in ready Costa Mesa gem.
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| Mar 20, 2018 | Sold | ||
| Sold | |||
| Jan 19, 2018 | Listed by Legacy 15 Real Estate Brokers | $849,000 | |
| Listed by Legacy 15 Real Estate Brokers | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017