new - 7 days on rocket

3123 Cinnamon Ave, Costa Mesa, CA, 92626

$2,300,000

Home List Price

$10,000*

Closing Credit

9 Bedrooms
8 Baths
4,614 SqFt
$498/SqFt
House

Location

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3123 Cinnamon Ave, Costa Mesa$2,300,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingDoor-Multi, Door-Single, Garage, Uncovered
Garage5 spaces
Year Built1966
HeatingCentral
CoolingCentral Air
MLS #24474763
Lot Size0.18 Acres
StatusActive

About 3123 Cinnamon Ave

Excellent pride of ownership 4 unit multifamily investment property located inside of Mesa Verde's "Spice Streets." Long term ownership with large upside to increase rental income. Unit mix is three 2 bed/2 bath units and one 3 bed/2 bath unit. Ample parking with five garages and two uncovered parking spaces. Each unit has central air conditioning with extensive renovation in the 3 bedroom unit that also has a large private patio. Onsite laundry facilities available for tenant use. Building is separately metered for gas and electric. Tenants have easy access to shops, restaurants, and are within close proximity to major thoroughfares including the 405 and 55 freeway.

Property Details

Property Features

Property Information:

  • Year Built: 1966
  • Stories: 2
  • Living Area: 4,614 SqFt

Listing Office:

  • Office Name: CB Richard Ellis, Inc.
  • Listing Agent: Sean Riley

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 9

Exterior Features

Parking Information:

  • Garage Space: 5 spaces
  • Parking: Door-Multi, Door-Single, Garage, Uncovered

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 405 Freeway exit Harbor Blvd South, right on Date Pl and left on Cinnamon Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,300,000
  • Price Per SqFt: $498/SqFt

Tax Information:

  • Annual Amount: $13,339
  • Tax Year: 2021
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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

$786

Avg. Days On Market

35

# of Sold Homes

34

3123 Cinnamon Ave vs Costa Mesa

7 DAYS ON ROCKET

-28 Days

$2,300,000

+$932K More

$498/SqFt

-$289 Less

KEY TAKEAWAY

This property is $932K more than the Median Sold Price and $289/SqFt less than other homes in Costa Mesa, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24474763

Listing Office:

  • Office Name: CB Richard Ellis, Inc.
  • Listing Agent: Sean Riley

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: 1/4/2025, 8:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 13, 2008Home Sold
$950,000

Tax History

YEARPROP. TAXASSESSMENT
2021$13,339$1,152,811
2020$13,211$1,140,991
2019$12,711$1,118,619
2018$12,712$1,096,686
2017$12,494$1,075,183

History based on county public records data.

Payment Calculator

$11.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,962

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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-469308
7
/10

  • Killybrooke Elementary School

  • 3155 Killybrooke Ln

  • 0.36 miles

  • Public District Grades KG-6

school-card-donut-469309
7
/10

  • California Elementary School

  • 3232 CA Ave

  • 0.46 miles

  • Public District Grades KG-6

school-card-donut-469310
5
/10

  • Adams Elementary School

  • 2850 Club House Rd

  • 0.97 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,683. Typical income of Costa Mesa, CA residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3123 Cinnamon Ave

What is the listing price of this property?

The listing price of 3123 Cinnamon Ave property is $2,300,000.

What type of property is this?

The property 3123 Cinnamon Ave is a house located in Costa Mesa, California, 92626.

Is this property for sale now?

Active Listing: 3123 Cinnamon Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $13,339 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 13, 2008 for $950,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3123 Cinnamon Ave has 9 bedrooms and 8 bathrooms.

What is the square footage of this property?

The property 3123 Cinnamon Ave is 4,614 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3123 Cinnamon Ave is 1966.

Rocket Homes›California›Orange County›Costa Mesa›92626›3123 Cinnamon Ave

This home is located at 3123 Cinnamon Ave in Costa Mesa, CA and zip code 92626. This 4,614 square foot home, which was built in 1966, sits on a 0.18 acre lot. Features: 9 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since December 28, 2024 and is currently priced at $2,300,000.

In December 2024, from all listings sold in Costa Mesa, CA there were more than 11 sold above asking price, over 18 sold below and more than 5 were sold right at the asked price. The number of listings in Costa Mesa, CA decreased by 25.9% between November 2024 and December 2024. While the average time on the market in December 2024 was 35 days, the median list price was $1,368,000.

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

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