$1,895,000
408 Ford Road, Costa Mesa CA 92627
Multi-Family (3 Units)
Property type
4 days
On market
$498
Price per sqft
2 cars
Garage
1961
Year built
8,155 sqft
Lot size
Home highlights
Open Houses
Overview
Pleased to present 408 Ford Road, a well-maintained single-story triplex located in Costa Mesa. This property is walking distance to The Triangle and all retail, shopping, and entertainment along Newport Boulevard and 19th Street. Much of the area has been redeveloped and tenant demand remains very strong due to the location and surrounding communities. The property itself...
Listing provided by: Rick Applebaum DRE #01273871, Morgan Skenderian, Jay Skenderian DRE #01220368, Morgan Skenderian
Listing updated: Jun 1, 2026 at 08:18pm.
Last checked: Jun 5, 2026 at 11:30am
Source: CRMLS #PW26118632
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 2 | 2 | 1 | — | $2,670 | $5,340 | $3,095 | Unfurnished |
| 1 | 2 | 2 | — | $3,860 | $3,860 | $3,995 | Unfurnished |
# of Buildings: 1
# of Units Total: 3
Separate Electric Meters: 3
Separate Gas Meters: 3
Separate Water Meters: 1
Dishwasher: 3
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
17.2x
List Price / Annual Gross Rent
Cap Rate
3.91%
NOI / List Price
Gross Scheduled Income: $110,400
Vacancy Allowance: $3,312
Vacancy Allowance Rate: 3%
Operating Expense: $32,961
Net Operating Income: $74,127
Annual Operating Expenses
Electric: $663
Gardener: $600
Fuel: $663
Insurance: $3,802
Licenses: $350
Maintenance: $3,213
New Taxes: $22,346
Trash: $663
Water / Sewer: $663
Interior
Appliances: Dishwasher
Laundry: Common Area
Entry Location: Street
Exterior
Property Attached: No
Stories Total: 1
Levels: One
Common Walls: No Common Walls
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 2
Uncovered Spaces: 1
Carport Spaces: 2
Parking Total: 5
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 41920102
Additional Parcels: No
Tax Lot: 6
Subdivision: Other
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Biking, Curbs, Dog Park, Gutters, Park, Sidewalks
Nearby Schools
Nearby schools around the 408 Ford Road, Costa Mesa, CA 92627. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,516,000
Total Interest
$1,933,574
Total Payment
$3,449,574
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$11,706
per month
Property History for 408 Ford Road
Costa Mesa Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92627.
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