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Backup Offers

263 E 16th Pl, Costa Mesa, CA, 92627

$2,395,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo

Location

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263 E 16th Pl, Costa Mesa$2,395,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned
Garage4 spaces
Year Built1959
HeatingWall Furnace
FireplaceNone
ViewNone
MLS #NP24232571
Lot Size0.16 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 263 E 16th Pl

Discover a prime investment opportunity with this added-value, four-unit property in one of Costa Mesa’s most desirable locations. Situated just steps from E. 17th Street, Newport Heights, and within reach of several top-ranked public schools in Orange County, this property is ideally positioned for convenience and long-term value. Each of the four spacious 2-bedroom, 1-bathroom units offers approximately 943 square feet of living space, complete with a single-car garage and additional off-street parking, ensuring tenant comfort and ample parking solutions. Residents will enjoy the convenience of an onsite laundry facility and a communal courtyard perfect for relaxation and social gatherings. This property represents a fantastic opportunity for investors looking to capitalize on the high demand in a premier Costa Mesa location.

Property Details

Property Features

Property Information:

  • Year Built: 1959
  • Stories: 2

Listing Office:

  • Office Name: Gould Group Inc
  • Office Email: ng@gouldgroupinc.com
  • Listing Agent: Nick Gould

Interior Features

Interior Information:

  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 4 spaces
  • Parking: Assigned

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

Other

Directions Information:

  • Directions: Exit Newport Blvd onto E. 16th Street, left on Orange Ave and right on E. 16th Place

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,395,000
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Housing Market Comparison

See how this home compares to others in Costa Mesa, CA.

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Costa Mesa, CA

City

Med. Sold Price

$1.3M

Med. Price/SqFt

$781

Avg. Days On Market

28

# of Sold Homes

59

263 E 16th Pl vs Costa Mesa

1 DAY ON ROCKET

-27 Days

$2,395,000

+$1.0M More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price in Costa Mesa, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #NP24232571

Listing Office:

  • Office Name: Gould Group Inc
  • Office Email: ng@gouldgroupinc.com
  • Listing Agent: Nick Gould

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 5:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$12K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,247

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-198295
7
/10

  • Newport Heights Elementary School

  • 300 E 15th St

  • 0.27 miles

  • Public District Grades KG-6

school-card-donut-198296
7
/10

  • Mariners Elementary School

  • 2100 Mariners Dr

  • 0.83 miles

  • Public District Grades KG-6

school-card-donut-198297
8
/10

  • Kaiser Elementary School

  • 2130 Santa Ana Ave

  • 1.34 miles

  • Public District Grades 3-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,611. Residents of Costa Mesa, CA typically earn between $35k-100k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 263 E 16th Pl

What is the listing price of this property?

The listing price of 263 E 16th Pl property is $2,395,000.

What type of property is this?

The property 263 E 16th Pl is a condo located in Costa Mesa, California, 92627.

Is this property for sale now?

Accepting Backup Offers: 263 E 16th Pl is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

Which year was this property built?

The year of construction for 263 E 16th Pl is 1959.

Rocket Homes›California›Orange County›Costa Mesa›92627›263 E 16th Pl

This home is located at 263 E 16th Pl in Costa Mesa, CA and zip code 92627 in the Eastside Costa Mesa neighborhood. This home, which was built in 1959, sits on a 0.16 acre lot. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $2,395,000.

While more than 18 listings in Costa Mesa, CA in October 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 35 were sold below. The number of listings in Costa Mesa, CA increased by 4.3% between September 2024 and October 2024. Listings spent 28 days on the market in October 2024, and had a median list price of $1,366,500 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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