18
Map
$2,495,000
●
House -
In Contract
379 Walnut Street
Costa Mesa, CA 92627
3 Beds
1 Bath
1,050 Ft²
$12,251
Est. Monthly
About This Property
Set on a prized, quiet block in Eastside Costa Mesa, 379 Walnut
Street presents a rare opportunity to create something truly
special. This Mid-Century Modern residence offers approximately
1,050 square feet with 3 bedrooms and 1 bathroom, perfectly
positioned on an expansive 9,235 square foot lot, a size that is
increasingly hard to find in this coveted neighborhood.
The property is ideal for a developer, investor, or end-user looking to expand, reimagine, or build new. With its generous lot dimensions and prime location, the possibilities for future value and customization are exceptional. Enjoy the charm of a peaceful street while being just minutes from the best of the Eastside lifestyle, including local dining, shopping, beaches, and top-rated schools.
Opportunities like this large lot, quiet street, and premier Eastside location are few and far between.
The property is ideal for a developer, investor, or end-user looking to expand, reimagine, or build new. With its generous lot dimensions and prime location, the possibilities for future value and customization are exceptional. Enjoy the charm of a peaceful street while being just minutes from the best of the Eastside lifestyle, including local dining, shopping, beaches, and top-rated schools.
Opportunities like this large lot, quiet street, and premier Eastside location are few and far between.
Unit Size
1,050 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$2,376
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1953
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: 14 days ago (CRMLS #OC26171760)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 22, 2026 | In contract | - | |
| In contract | |||
| Aug 6, 2026 | Listed by Kase Real Estate | $2,495,000 | |
| Listed by Kase Real Estate | |||
| Mar 13, 2026 | Sold | ||
| Sold | |||
| Feb 24, 2026 | In contract | - | |
| In contract | |||
| Jan 12, 2026 | Listed by Kase Real Estate | $2,295,000 | |
| Listed by Kase Real Estate | |||
| | |||
|
Set on a prized, quiet block in Eastside Costa Mesa, 379 Walnut Street presents a rare opportunity to create something truly special. This Mid-Century Modern residence offers approximately 1,050 square feet with 3 bedrooms and 1 bathroom, perfectly positioned on an expansive 9,235 square foot lot — a size that is increasingly hard to find in this coveted neighborhood.
The property is ideal for a developer, investor, or end-user looking to expand, reimagine, or build new. With its generous lot dimensions and prime location, the possibilities for future value and customization are exceptional. Enjoy the charm of a peaceful street while being just minutes from the best of the Eastside lifestyle, including local dining, shopping, beaches, and top-rated schools.
Opportunities like this — large lot, quiet street, premier Eastside location — are few and far between.
| |||
Property Highlights
Garage
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Driveway, Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 1
Interior Features: BreakfastArea, QuartzCounters, AllBedroomsDown
Appliances: Dishwasher, Gas Oven, Water Heater
Flooring Type: Wood
Door Features: Sliding Doors
Laundry Features: In Garage
Has Fireplace
Fireplace Features: Living Room
Exterior Details
Square Footage: 1050
Square Footage Source: $0
Property Condition: Fixer
Architectural Style: Mid-Century Modern
Year Built Source: Public Records
Year Built: 1953
Levels: One
Other Structures: Shed(s)
Patio and Porch Features: Covered, Patio
Pool Features: None
Lot Features: Back Yard, Front Yard, Level, Yard
Lot Size Area: 9235
Lot Size Units: Square Feet
Lot Size Acres: 0.212
Lot Size Square Feet: 9235
Tax Lot: 16
Water Source: Public
Utilities Details
Cooling Type: Wall/Window Unit(s)
Sewer : Public Sewer
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
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Costa Mesa
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Listed by: Keven Stirdivant, Kase Real Estate
Last Updated: 14 days ago
Data Source: CRMLS, MLS# OC26171760
Last Updated: 14 days ago
Data Source: CRMLS, MLS# OC26171760
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