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Situated along a residential street in an excellent rental area of Costa Mesa, this rental investment consists of a 2 bedroom 1 bath house with a large, private backyard, a 2 bedroom 1 bath cottage and a 1 bedroom 1 bath cottage unit. This varied unit mix has a preschool conveniently adjacent to the property and a major grocery store and shopping center located only a few blocks away. Its excellent location gives residents easy access Newport Bay, the 55 and 405 freeways, Triangle Center, the 17th Street corridor and just minutes to South Coast Plaza, Fashion Island and the many fine local beaches of Newport Beach, Huntington Beach and Laguna Beach. The property has been owned and operated by a long-term principal and is currently 100 percent occupied. With a realistic upside in rents, this asset represents a prime investment opportunity.
Listing agent: WMichael Cavner DRE #01274709 michael.cavner@marcusmillichap.com, Listing office: Marcus & Millichap RE Invest
MLS data updated 11/2/2026, 7:29:07 PM PT
Source: CRMLS, MLS #: S719757
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Feb 1, 2013
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 92627 · Nov 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.