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Nestled on a serene, tree-lined street in the heart of Costa Mesa’s highly desirable Freedom Tract neighborhood, 1940 Monrovia Avenue presents a rare opportunity to own and personalize a charming single-family home in one of the Westside’s most coveted enclaves. This inviting 3-bedroom, 2-bathroom residence rests on a generous 7,260-square-foot lot, providing ample space for comfortable living today and significant expansion potential for tomorrow. The property strikes an ideal balance between relaxed neighborhood charm and unmatched convenience—steps from Canyon Park and just moments from local restaurants, shopping, and everyday amenities. True coastal living is effortlessly accessible, with the beach only about 1.5 miles away. Recent upgrades and improvements enhance the home’s appeal and peace of mind, including a new roof, updated electrical and plumbing systems, extensive termite remediation with fumigation, replaced windows, new ducting and HVAC components, a new fence, a new water heater, and a new washer and dryer. Standout features include a fully remodeled kitchen showcasing modern finishes and thoughtful design, ideal for daily meals and effortless entertaining. The spacious primary suite offers a true retreat, complete with a walk-in closet, an additional storage closet, and an oversized bathroom with a large Jacuzzi tub and a separate shower. The quiet street fosters privacy and a strong sense of community, while the expansive lot and large backyard invite outdoor enjoyment—perfect for entertaining, pets, play space for children, gardening, or future enhancements such as additions or upgraded outdoor living areas. This well-positioned home in the Freedom Tract beautifully combines timeless mid-century charm, an unbeatable location, recent high-quality updates, and tremendous room to grow. Don’t miss the chance to discover this hidden gem and envision its full potential as your own.
Listing agent: Mike Kennedy DRE #01378430 MikeKennedy5000@gmail.com, Listing office: Pacific Sotheby's Int'l Realty
MLS data updated 10/26/2026, 3:33:49 PM PT
Source: CRMLS, MLS #: NP26020793
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Mar 9, 2026
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
$1,339,000Closed sale · Mar 9, 2026ZIP 92627 · Mar 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.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.