Costa Mesa, CA 92627 425 Ford
$1,948,000
16 more
Presented By: Nick Gould with Gould Group Inc; ng@gouldgroupinc.com
Baths • 2
SQFT • 3,114
Garage • 3
Home Details
**Now offered at $1,948,000, presenting a compelling opportunity for investors seeking well-located Costa Mesa multifamily.** 425 Ford Road is a well-located triplex property in Costa Mesa featuring all 2-bedroom / 2-bathroom single-story units, each averaging approximately 1,000 square feet and offering private patio or yard space. The property provides a highly desirable unit mix with spacious floor plans, functional layouts, and strong long-term rental appeal.
Situated on a quiet, tree-lined residential street, the asset is just minutes from the shopping, dining, and lifestyle amenities along Harbor Boulevard and East 17th Street, with convenient access to major freeways and employment centers throughout Orange County.
The property offers garages and additional off-street parking, further enhancing tenant demand. Investors will appreciate the opportunity for continued rental upside through interior improvements and market rent growth in one of Costa Mesa’s most consistently strong rental submarkets.
Presented By: Nick Gould with Gould Group Inc; ng@gouldgroupinc.com
Interior Features for 425 Ford
Other Interior Features
Air Conditioning Y/NNo
Common Walls1 Common Wall
Fireplace FeaturesFamily Room
Fireplace Y/NYes
Heating Y/NYes
Laundry FeaturesCommon Area
Total Stories1
Other Rooms
Entry Level1
General for 425 Ford
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate3.44
CityCosta Mesa
Community FeaturesBiking, Curbs, Gutter(s), Storm Drain(s), Street Lights
ContingencyNone
CoolingNone
CountyOrange
DirectionsLocated off Harbor Blvd, in between 19th Street and West Bay Street.
Electric Expense
Entry Location3
Garage Spaces3
Garage Y/NYes
Gross Income105960
HOANo
HOA Fee$
HeatingCentral
Insurance Expense3200
Land Lease Y/NNo
LevelsOne
Listing TermsCash, Cash to New Loan, Conventional
Lot Size Square Feet8159
Lot Size UnitsSquare Feet
MLS AreaC4 - Central Costa Mesa
MaintenanceExpense5298
Net Operating Income67071
New ConstructionNo
Number Of Units Total3
Number of Units Leased3
Open Parking Spaces3
Operating Expense35710
Pool FeaturesNone
PostalCityCOSTA MESA
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count1
Subdivision NameFord Rd.
Tax Lot1
Taxes$23,394
Total Actual Rent8780
Trash Expense0
ViewNone
Water Sewer Expense3060
Year Built1962
Year Built SourceAssessor
Exterior for 425 Ford
Building Area Total3114
FencingWood
Lot Features2-5 Units/Acre
Lot Size Acres0.1873
Lot Size Area8159
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters1
Parking FeaturesAssigned
Private PoolNo
Road Frontage TypeCity Street
Road Surface TypeAlley Paved, Paved
SpaNo
Total Parking6
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Limor Zamir
Realtor®