Listed by: Ryan Knapp, Torelli Realty
$1,410,000
●
House -
Off Market
3072 Madison Avenue
Costa Mesa, CA 92626
4 Beds
2 Baths
1,852 Ft²
$7,115
Est. Monthly
About This Property
Welcome to 3072 Madison Ave, a beautifully updated 4-bedroom,
2-bathroom home nestled on a quiet, tree-lined street in the heart
of Costa Mesa. Offering the perfect blend of comfort, style, and
convenience, this home is just minutes from shopping, restaurants,
and local parks.
Inside, you'll find two spacious living areas, perfect for entertaining or creating distinct spaces for relaxation and gatherings. The kitchen, freshly painted and equipped with all-new stainless steel appliances, opens seamlessly to the dining and living areas, making it the heart of the home.
The primary suite boasts ample closet space, abundant natural light, dual sinks, and a luxurious jetted tub. The three additional bedrooms are generously sized, offering flexibility for guests, or a home office.
A fully finished garage adds versatility, making it an ideal space for a gym, office, or extra storage. Located in a peaceful yet central neighborhood, 3072 Madison Ave presents an incredible opportunity to experience the best of Costa Mesa living.
Inside, you'll find two spacious living areas, perfect for entertaining or creating distinct spaces for relaxation and gatherings. The kitchen, freshly painted and equipped with all-new stainless steel appliances, opens seamlessly to the dining and living areas, making it the heart of the home.
The primary suite boasts ample closet space, abundant natural light, dual sinks, and a luxurious jetted tub. The three additional bedrooms are generously sized, offering flexibility for guests, or a home office.
A fully finished garage adds versatility, making it an ideal space for a gym, office, or extra storage. Located in a peaceful yet central neighborhood, 3072 Madison Ave presents an incredible opportunity to experience the best of Costa Mesa living.
Unit Size
1,852 Ft²
Days on Market
80 days
Land Size
0.14 acres
Price per sqft
$782
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1963
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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 #PW24238378)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 10, 2025 | Sold | ||
| Sold | |||
| Dec 20, 2024 | In contract | - | |
| In contract | |||
| Nov 21, 2024 | Listed by Torelli Realty | $1,449,000 | |
| Listed by Torelli Realty | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About Costa Mesa
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Listed by: Ryan Knapp, Torelli Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PW24238378
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PW24238378
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