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2302 Elden
About This Property
Welcome to 2302 Elden Avenue, Unit 2, a 2-bedroom, 2-bath home in one of Costa Mesa's most sought-after neighborhoods. Tucked into a quiet, boutique four-unit community with low HOA dues of just $200/month, this home pairs a relaxed coastal lifestyle with everyday convenience.
Inside, a bright, open floor plan offers plenty of room to live and entertain, highlighted by soaring vaulted ceilings with skylight in the spacious living area. The updated kitchen flows seamlessly into the main living space and features new countertops, a new stove and microwave, and a newer stainless steel refrigerator & dishwasher that's included. The primary suite offers its own newly renovated private bath, while the second bedroom and full bath create a flexible setup for guests, a home office, or a roommate. Additional highlights include wood-style flooring in the loft, a private enclosed patio, in-garage laundry, washer & dryer included (laundry hook ups upstairs too) with appliances included, and a 2-car garage plus off-street guest parking and ample street parking.
The Eastside location is the true standout. Stroll to Lindbergh Park and neighborhood favorites Salty Horse and Hola Adios, or head a few minutes over to the shops, cafes, and restaurants along 17th Street and East 19th Street. Newport's Back Bay, the Peninsula beaches, Triangle Square, and Fashion Island are all a short drive away, and quick access to the 55 and 405 makes commuting easy. The home is served by Newport-Mesa Unified School District.
With more upgrades and usable space than many comparable Eastside condos, this is a well-located property with lasting value, a great opportunity for first-time buyers and investors alike. Don't miss it!
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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 16, 2026 | Listed by Coldwell Banker Realty | $874,900 | |
| Listed by Coldwell Banker Realty | |||
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| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
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Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017