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Listed price in listed location currency (USD).
$1,275,000

422

MLS® 26828043

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 1750 sqft
Garage 
Taxes 
Days Active 0
Lot Size 
Approx. Age 1962
Avg. Price Per Sqft $728
MLS® Number 26828043

Property Address: 1019 American Place, Costa Mesa, CA, 92627

Average square foot calculated using Size range provided by listing agent.

Description

We are pleased to present 1019 American Place, a rare duplex investment opportunity located in the highly desirable Westside Costa Mesa submarket. The property consists of two spacious 2-bedroom, 1-bathroom units, offering an attractive layout for tenants and strong rental appeal in a supply-constrained coastal market. Situated in one of Orange County's most sought-after rental locations, the asset benefits from immediate proximity to Newport Beach, major employment hubs, and premier retail corridors, making it an ideal option for both investors and occupants alike. Constructed in 1962, the property features classic mid-century construction with a proven track record of rental durability. The asset presents a compelling opportunity for a new owner to implement a strategic renovation program to modernize interiors and enhance overall curb appeal, allowing for increased rental income and long-term appreciation. Costa Mesa continues to demonstrate strong rental fundamentals driven by its coastal accessibility, connectivity to major freeways, and diverse employment base. These factors have supported consistent tenant demand and position the asset for stable cash flow with future upside. Offered for the first time in over five decades, the property has been under the same ownership since 1970, underscoring the long-term stability and desirability of the location. Additionally, the Westside Costa Mesa submarket is characterized by low transaction velocity, with limited inventory and infrequent sales, creating a unique opportunity for investors to acquire a tightly held asset in a premier coastal market. For more information, please reach out.
MLS® Number26828043
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1962
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 30, 2026List Date
$1,275,000List Price

Home Appraisal

This property is estimated to sell between: $1,275,000 and $1,391,000.
Similar properties in this area sold on average for: $1,352,166
Expected to sell in 23 days. Similar properties sold in 23 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
1019 American Place, Costa Mesa, CA

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