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  • Key Facts
  • Description
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Key Facts

Type Apartment
Levels Residential Income
Size -
Garage No
HOA Fees 
Taxes 
Days Active 6
Approx. Age 1977
MLS® Number NP25174755

Property Address: 

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

Description

432 Hamilton Street is a fully renovated five-unit multifamily investment property located in Costa Mesa’s desirable Westside neighborhood. Currently master leased at $19, 000 per month, the property provides investors with stable, predictable cash flow and a 5.06% cap rate, with future upside upon conversion to individual leases. The unit mix consists of one 3-bedroom/2-bath and four 2-bedroom/2-bath units, including two brand-new ADUs completed in 2024 and three extensively renovated units in the original 1977 building. Each residence features modern kitchens with stone countertops and stainless steel appliances, updated bathrooms, in-unit laundry, and private outdoor patios or balconies. The property offers six off-street parking spaces, separate gas and electric meters, and a low-maintenance layout on an 8, 795 SF lot. Ideally located just minutes from the beach, 17th Street retail, and Triangle Square, 432 Hamilton combines turnkey operations, strong in-place income, and long-term value in one of Orange County’s most sought-after rental markets.Show Description
MLS® NumberNP25174755
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelWasher Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Exposure
Exterior
GarageNo
Approx. Age1977
Stories2
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatCentral
A/CDuctless, Energy Star Qualified Equipment
Heating Fuel

Extras

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