$2,450,000
1034 El Camino Drive, Costa Mesa CA 92626
Multi-Family (4 Units)
Property type
88 days
On market
$533
Price per sqft
4 cars
Garage
1964
Year built
6,534 sqft
Lot size
Home highlights
Open Houses
Overview
Central Costa Mesa location. Close to schools, Orange Coast College, South Coast Plaza, transportation. All four apartments are 3 bedrooms, single level about 1150 square feet. Two Apartments have been remodeled with new kitchens, Bathrooms, Vinyl planking and new vinyl windows. Two have the potential to be remodeled for much more income. The whole building has been...
Listing provided by: Price Shapiro DRE #00589188 714-724-3914, Price Shapiro, Broker
Listing updated: Jun 1, 2026 at 07:10am.
Last checked: Jun 4, 2026 at 07:00am
Source: CRMLS #OC26051828
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 3 | 2 | 1 | $2,100 | $2,100 | $3,200 | Unfurnished |
| 1 | 3 | 2 | 1 | $3,200 | $3,200 | $3,200 | Unfurnished |
| 1 | 3 | 2 | 1 | $2,100 | $2,100 | $3,200 | Unfurnished |
| 1 | 3 | 2 | 1 | $2,220 | $2,220 | $3,200 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 0
Disposal: 4
Ranges: 4
Rent Control: Yes
Units Leased: 1
Total Actual Rent: $9,620
Tenant Pays: Cable Tv, Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
22.9x
List Price / Annual Gross Rent
Cap Rate
2.43%
NOI / List Price
Gross Scheduled Income: $106,866
Operating Expense: $47,380
Net Operating Income: $59,486
Annual Operating Expenses
Gardener: $1,040
Insurance: $9,918
Trash: $2,683
Water / Sewer: $2,343
Interior
Interior Features: Balcony, Ceiling Fans, Crown Molding, Stone Counters, Unfurnished, Main Floor Bedroom, Walk-in Closets
Room Type: Bedroom, Kitchen, Living Room, Other
Flooring: Laminate, Tile
Cooling: None
Heating: Forced Air, Natural Gas
Appliances: Disposal, Gas Range, Gas Water Heater, Water Heater
Fireplace: None
Laundry: Common Area
Accessibility: Parking
Entry Location: 2 First Floor
Exterior
Architectural Style: Contemporary
Property Attached: Yes
Stories Total: 2
Levels: Two
Construction Materials: Stucco, Copper Plumbing
Common Walls: Two Common Walls Or More
Lot Features: Eleven To Fifteen Units Acre
Pool: None
Spa: None
Sewer: Public Sewer
Utilities: Cable Available, Electricity Connected, Natural Gas Connected
Garage and Parking
Garage Spaces: 4
Parking Total: 4
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 14166512
Additional Parcels: No
Tax Lot: 51
Subdivision: Mesa Del Mar (MDMA)
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Street Lights, Sidewalks
Nearby Schools
Nearby schools around the 1034 El Camino Drive, Costa Mesa, CA 92626. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,960,000
Total Interest
$2,499,872
Total Payment
$4,459,872
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$15,091
per month
Property History for 1034 El Camino Drive
Costa Mesa Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92626.
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