Opening page…
Closed
- Listed price
- $1,399,000
- Listed Feb 4, 2015
- Sold price
- $1,370,000
- Sold Apr 24, 2015
6,970 sqft lot|2006 Built|90 days listed
225 Cabrillo, Costa Mesa, CA 92627
Property Description
Excellent rental units with outsized income (yes, actual rents). You won't find a better CAP rate this close to the beach. Units 100% occupied with extremely rare/low vacancy. Property is professionally managed and well maintained. Nicely remodeled front house (3 beds, 2 baths) and newer back house built in 2006 (4 beds, 3 baths). Mix of hardwood and travertine flooring, subway tile and travertine in baths, and granite on most countertops. Private outdoor patios. Great owner/user potential. Two car garage plus covered carport. Ample street parking. Less than a block to restaurants, coffee shops, and all the great retail conveniences of 17th Street. Feeds to award-winning local elementary schools and Newport Harbor High. DRIVE-BY ONLY. DO NOT DISTURB OCCUPANTS UNDER ANY CIRCUMSTANCES. Available to be shown with accepted offer. Property next door closed for $1,405,000. Similar profile but LESS income than subject property.
Listing agent: Grant BixbyDRE #01364572grant@bixbyresidential.com, Listing office: Villa Real Estate
MLS data updated 10/21/2026, 5:42:36 PM PT
Source: CRMLSMLS #: NP15024427
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,370,000
Apr 24, 2015
Available records32015
From MLS recordsActual listing and closing events
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 · Oct 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.This home · 0 price recordsNo records in this period
ZIP 92627 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (0)
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.
View listing & sale records
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.