$1,948,000
-$47,000425 Ford, Costa Mesa CA 92627
Multi-Family (3 Units)
Property type
120 days
On market
$626
Price per sqft
3 cars
Garage
1962
Year built
8,159 sqft
Lot size
Home highlights
Open Houses
Overview
**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...
Listing provided by: Nick Gould DRE #01521955, Gould Group Inc
Listing updated: May 25, 2026 at 07:57pm.
Last checked: Jun 3, 2026 at 12:30pm
Source: CRMLS #NP26027183
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 2 | 1 | $2,500 | $2,500 | $3,480 | Unfurnished |
| 1 | 2 | 2 | 1 | $2,800 | $2,800 | $3,480 | Unfurnished |
| 1 | 2 | 2 | 1 | $3,480 | $3,480 | $3,480 | Unfurnished |
# of Buildings: 1
# of Units Total: 3
Separate Electric Meters: 3
Separate Gas Meters: 3
Separate Water Meters: 1
Rent Control: Yes
Units Leased: 3
Total Actual Rent: $8,780
Financial Snapshot
Gross Rent Multiplier
18.4x
List Price / Annual Gross Rent
Cap Rate
3.44%
NOI / List Price
Gross Scheduled Income: $105,960
Vacancy Allowance: $3,179
Vacancy Allowance Rate: 3%
Operating Expense: $35,710
Net Operating Income: $67,071
Annual Operating Expenses
Electric: $0
Gardener: $750
Insurance: $3,200
Maintenance: $5,298
New Taxes: $23,394
Professional Management: $0
Trash: $0
Water / Sewer: $3,060
Interior
Cooling: None
Heating: Central
Fireplace: Family Room
Laundry: Common Area
Entry Location: 3
Exterior
Property Attached: Yes
Stories Total: 1
Levels: One
Common Walls: One Common Wall
Lot Features: Two To Five Units Acre
Pool: None
Spa: None
Fencing: Wood
Water Source: Public
Sewer: Public Sewer
View: None
Road Frontage Type: City Street
Road Surface Type: Alley Paved, Paved
Garage and Parking
Parking: Assigned
Garage Spaces: 3
Uncovered Spaces: 3
Parking Total: 6
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 41920201
Additional Parcels: No
Tax Lot: 1
Subdivision: Ford Rd.
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Biking, Curbs, Gutters, Storm Drains, Street Lights
Nearby Schools
Nearby schools around the 425 Ford, Costa Mesa, CA 92627. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,558,400
Total Interest
$1,987,653
Total Payment
$3,546,053
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$12,029
per month
Property History for 425 Ford
Costa Mesa Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92627.
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