3119 Gibraltar Avenue
About This Property
Set in the highly sought-after Mesa Verde neighborhood of Costa Mesa, this location offers convenience to nearby parks, shopping, dining, and top-rated schools. With designer touches throughout and high-end systems already in place, this is a rare turnkey opportunity that combines elevated design with everyday comfort and livability.
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Cap Rate Calculator
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 8, 2025 | Sold | ||
| Sold | |||
| Sep 11, 2025 | In contract | - | |
| In contract | |||
| Aug 19, 2025 | Price Decreased |
$2,495,000
↓ $104K
(4%) | |
| Price Decreased | |||
| Jun 17, 2025 | Listed by Pacific Sotheby's Int'l Realty | $2,599,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
| May 22, 2025 | Listed | $2,599,000 | |
| Listed | |||
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Newly remodeled Mesa Verde home has been carefully curated for you by one of the construction stars of HGTV! This stunning remodel features 5 bedrooms, 4 bathrooms and has over 2,600 square feet of luxurious living space. This home features two primary bedrooms, both featuring en-suite bathrooms and plenty of closet space, which makes this home perfect for multi-generational living and hosting guests. The newly transformed kitchen includes all Thermador appliances, a kitchen island, quartz countertops, and tastefully designed cabinetry. Step outside into your own private oasis with a sparkling pool and spacious backyard with bbq and fire pit on a private 7,455 square foot lot, perfect for year-round entertainment. Additional highlights include a two-car garage, solar, dual zone A/C, newer sewer line, tankless water heater, brand new European white oak hardwood floors, dual pane windows, copper gutters, & security cameras. Located in the highly desired Mesa Verde community in Costa Mesa, which is conveniently located close to shopping, dining, parks, and top-rated schools, this is the rare opportunity that is not to be missed. Make sure to check out the stunning video.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017