$2,200,000
●
House -
Off Market
273 Albert Place
Costa Mesa, CA 92627
3 Beds
2 Baths
1,427 Ft²
$9,796
Est. Monthly
About This Property
Turnkey Eastside Costa Mesa Gem
Beautifully remodeled and move-in ready, this Eastside Costa Mesa home blends modern upgrades with classic ranch-style charm on one of the area's most coveted streets. A welcoming Dutch door entry opens to an airy, open-concept floorplan featuring a large kitchen island, stainless steel appliances, open shelving, and custom built-ins for extra storage.
Gather around the family room's whitewashed antique brick fireplace or entertain guests in the sun-filled sunroom. The hallway bathroom showcases subway tile, marble accents, and herringbone flooring, while the primary bathroom features a spacious walk-in shower and sleek quartz countertops.
Recent upgrades include a new roof, new electrical panel, EV charging station, fresh interior and exterior paint, new landscaping, and a finished garage with epoxy flooring. Step outside to a newly added firepit and seating area-perfect for outdoor entertaining year-round.
Located minutes from the scenic Newport Back Bay trails, vibrant 17th Street dining and shopping, and world-class beaches, this turnkey home presents a rare opportunity that won't last long.
Beautifully remodeled and move-in ready, this Eastside Costa Mesa home blends modern upgrades with classic ranch-style charm on one of the area's most coveted streets. A welcoming Dutch door entry opens to an airy, open-concept floorplan featuring a large kitchen island, stainless steel appliances, open shelving, and custom built-ins for extra storage.
Gather around the family room's whitewashed antique brick fireplace or entertain guests in the sun-filled sunroom. The hallway bathroom showcases subway tile, marble accents, and herringbone flooring, while the primary bathroom features a spacious walk-in shower and sleek quartz countertops.
Recent upgrades include a new roof, new electrical panel, EV charging station, fresh interior and exterior paint, new landscaping, and a finished garage with epoxy flooring. Step outside to a newly added firepit and seating area-perfect for outdoor entertaining year-round.
Located minutes from the scenic Newport Back Bay trails, vibrant 17th Street dining and shopping, and world-class beaches, this turnkey home presents a rare opportunity that won't last long.
Unit Size
1,427 Ft²
Days on Market
35 days
Land Size
0.16 acres
Price per sqft
$1,398
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1962
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (CRMLS #OC25093454)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 11, 2025 | Sold | ||
| Sold | |||
| May 31, 2025 | In contract | - | |
| In contract | |||
| Jan 27, 2025 | Listed by Douglas Elliman of California Inc. | $1,995,000 | |
| Listed by Douglas Elliman of California Inc. | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Baths
ft²
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Sold On
Sold On
HOA + Taxes
About Costa Mesa
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Listed by: Brian Davis, Douglas Elliman of California Inc.
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC25093454
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC25093454
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