**BACK ON THE MARKET & PRICE REDUCED** Prime Westside Costa Mesa investment opportunity featuring a well-maintained triplex just minutes from the beach, dining, and entertainment. The property offers a desirable unit mix of (2) 2BR/2BA units and (1) 3BR/2BA unit, each with private garages and updated finishes. One unit has been recently renovated and leased at a premium rent, with additional upside in the remaining units. The sale also includes plans for a new 2BR/2BA ADU, providing immediate value-add potential for investors or owner-users. Ideally located near Triangle Square, Pacific Coast Highway, and major freeways, this property combines strong in-place income with long-term growth in one of Orange County’s most sought-after rental markets.
Listed by Nick Gould
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License #01521955
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Gould Group Inc
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ng@gouldgroupinc.com
Last updated December 03, 2025
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Source: CRMLS #NP25185792
Listing Facts
TypeMulti-family
NeighborhoodDowntown Costa Mesa
Days on Prevu115
Amenities
Parking
Location
Mortgage Calculator
Listing History
12/01/2025
Status changed to Active
$2,150,000
12/01/2025
Price Decreased
$2,150,000
11/15/2025
Status changed to In Contract
$2,199,000
10/29/2025
Status changed to Active
$2,199,000
10/22/2025
Status changed to Removed from Feed
$2,199,000
10/18/2025
Status changed to Active
$2,199,000
10/16/2025
Status changed to Removed from Feed
$2,199,000
10/05/2025
Status changed to Active
$2,199,000
10/03/2025
Status changed to Removed from Feed
$2,199,000
09/23/2025
Price Decreased
$2,199,000
09/21/2025
Status changed to Active
$2,250,000
09/19/2025
Status changed to Removed from Feed
$2,250,000
09/18/2025
Status changed to Active
$2,250,000
09/17/2025
Status changed to Removed from Feed
$2,250,000
09/12/2025
Status changed to Active
$2,250,000
09/06/2025
Status changed to Removed from Feed
$2,250,000
09/05/2025
Status changed to Active
$2,250,000
09/04/2025
Status changed to Removed from Feed
$2,250,000
08/18/2025
Listed by Gould Group Inc
$2,250,000
Property Details for 416 Hamilton Street
Association
Amenities
Community Features: Biking, Curbs, Gutter(s), Storm Drain(s), Street Lights
Exterior
Construction
Number Of Units Total: 3
Property Attached: Yes
Roof: Asphalt, Shingle
Stories: 2
Stories Total: 2
Year Built: 1973
Common Walls: 2+ Common Walls
Entry Level: 2
Entry Location: 3
Features
Fencing: Wood
Road Frontage Type: City Street
Measurements
Building Area Total: 3,232
Building Area Units: Square Feet
Lot Features: 2-5 Units/Acre
Lot Size Acres: 0.20
Lot Size Area: 8,795
Lot Size Source: Assessor
Lot Size Square Feet: 8,795
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 3.6
Gross Income: $119,640.00
Operating Expense: $38,873.00
Taxes
Parcel Number: 41917111
Interior
Features
Fireplace Features: Family Room
Fireplace: Yes
Other
Location
Subdivision Name: Westside Costa Mesa Central (WCMC)
Tax Lot: 10
Parking
Parking
Garage Spaces: 4
Garage: Yes
Open Parking Spaces: 4
Parking Features: Assigned
Parking Total: 8
Utilities
Equipment
Heating: Forced Air
Has Heating: Yes
Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Sewer: Public Sewer
Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 416 Hamilton Street.
Does this multi-family home have parking?
Yes, there are 4 parking spaces available for 416 Hamilton Street.
How does 416 Hamilton Street compare to other multi-family homes in Downtown Costa Mesa?
This multi-family home is listed 7% below the average price for multi-family homes in Downtown Costa Mesa and has been on the market for 31 less days than the typical home in this area.
416 Hamilton Street is a -bedroom multi-family home for sale in Costa Mesa CA 92627. Listed on Prevu for 115 days at $2,150,000. This includes a recent price decrease of $49,000. This residence is located in Orange County. The median listing price for multi-family homes in this area is $1,525,000. Additional amenities include parking. Browse more multi-family home listings in Orange County.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.