42
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674 Senate Street
About This Property
Enjoy an incredible location close to the beach, Canyon Park with its amazing hiking trails, and direct access to the bike path leading to the beach. A brand-new neighborhood park is also just about to be completed and is within walking distance.
This beautifully remodeled 3-bedroom, 3-bathroom home offers 1,576 square feet of modern living space and has been renovated from top to bottom with an impressive list of upgrades.
The extensive improvements include a completely remodeled kitchen, all three bathrooms, new flooring and subflooring throughout, new plumbing and electrical, new HVAC system, all new doors and windows, new can lighting and outlets, and a fully renovated garage.
The private backyard is a standout, featuring beautiful turf, tremendous privacy, a spacious deck, landscaping, a large permanent patio cover, and a new 6-foot vinyl privacy fence surrounding the property. The front yard, driveway, and front deck have also been newly landscaped and renovated.
Additional upgrades include a new modern garage door, tankless water heater, new FAU relocated to the attic to create space for a stackable washer and dryer, EV charger, new sewer line, PEX and PVC plumbing, Level 5 smooth-finish drywall throughout the interior, and completely redone exterior stucco.
With an exceptional Costa Mesa location close to the beach, hiking, biking, parks, and everything the area has to offer, this is a brand-new remodeled home and an excellent value.
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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 15, 2026 | Price Decreased |
$1,590,000
↓ $5K
(0.3%) | |
| Price Decreased | |||
| Oct 1, 2026 | Price Decreased |
$1,595,000
↓ $35K
(2.2%) | |
| Price Decreased | |||
| Sep 10, 2026 | Listed by Times Real Estate CA | $1,630,000 | |
| Listed by Times Real Estate CA | |||
| Jun 1, 2026 | Sold | ||
| Sold | |||
| May 7, 2026 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017