27
Map
$2,915,000
↓ $80K (2.7%)
●
House -
For Sale
3097 Molokai Place
Costa Mesa, CA 92626
3 Beds
2 Baths
2,562 Ft²
$14,314
Est. Monthly
About This Property
Welcome to 3097 Molokai Place. Situated on a quiet cul-de-sac, this
unique property features two fully separate living spaces.
The main residence offers 3 bedrooms, 2 bathrooms, and nearly 1,600 square feet of fully updated single-level living. Complementing the home is a brand-new, detached 986-square-foot ADU featuring 2 bedrooms, 2 en-suite bathrooms, soaring 10-foot ceilings, and complete privacy from the main residence. Ideal for multi-generational living, rental income, or private guest quarters. This is a versatile opportunity in one of Mesa Verde's most sought-after neighborhoods.
The main residence offers 3 bedrooms, 2 bathrooms, and nearly 1,600 square feet of fully updated single-level living. Complementing the home is a brand-new, detached 986-square-foot ADU featuring 2 bedrooms, 2 en-suite bathrooms, soaring 10-foot ceilings, and complete privacy from the main residence. Ideal for multi-generational living, rental income, or private guest quarters. This is a versatile opportunity in one of Mesa Verde's most sought-after neighborhoods.
Unit Size
2,562 Ft²
Days on Market
125 days
Land Size
0.23 acres
Price per sqft
$1,138
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1958
Listed By
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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 months ago (CRMLS #PW26144292)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 16, 2026 | Price Decreased |
$2,915,000
↓ $80K
(2.7%) | |
| Price Decreased | |||
| Jul 2, 2026 | Listed by Torelli Realty | $2,995,000 | |
| Listed by Torelli Realty | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, Open Floorplan, AllBedroomsDown, BedroomOnMainLevel, MainLevelPrimary
Appliances: Dishwasher, Gas Range, Refrigerator, Water Heater
Flooring Type: Tile, Wood
Laundry Features: Inside, Laundry Room
Fireplace Features: None
Exterior Details
Square Footage: 2562
Square Footage Source: $0
Year Built Source: Assessor
Year Built: 1958
Levels: One
Patio and Porch Features: Concrete
Pool Features: None
Lot Features: Back Yard, Cul-De-Sac, Sprinklers In Front, Landscaped, DripIrrigationBubblers, Lawn, NearPark, SprinklersTimer, Yard
Lot Size Area: 10200
Lot Size Units: Square Feet
Lot Size Acres: 0.2342
Lot Size Square Feet: 10200
Tax Lot: 95
Water Source: Public
Utilities Details
Cooling Type: Central Air
Sewer : SewerTapPaid
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Closing Price
Sold On
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HOA + Taxes
About Costa Mesa
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Listed by: Ryan Knapp, Torelli Realty
Last Updated: 2 months ago
Data Source: CRMLS, MLS# PW26144292
Last Updated: 2 months ago
Data Source: CRMLS, MLS# PW26144292
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