218 East 16th East, Costa Mesa, CA 92627
218 East 16th East, Costa Mesa, CA 92627
Property Description
RARE DUPLEX OPPORTUNITY IN EAST COSTA MESA! First time on the market in over 60 years. This exceptional property consists of two separate units measuring 900 sq. ft each. The rear unit boasts its own large private backyard. Situated directly across the street to Heller Park, the location is unbeatable, positioned just blocks from the vibrant dining and retail scene along 17th Street and only six minutes to Newport Beach’s Balboa Peninsula. With the back unit vacant and ready to be rented and the unit in front already rented, providing immediate, stable income, this rare property is a prime candidate for future multi-unit redevelopment on this lot. Located with the prestigious Newport Mesa Unified School District and close the renowned back bay loop for outdoor enthusiasts, this property epitomizes the best of Costa Mesa living. Don’t miss the opportunity to make this duplex your next investment. Call today to schedule a tour.
Features & Amenities
Property Details
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Comparative Market Analysis
Luxury Tier · 5 active · 0 closed
Costa Mesa · Duplex
Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 125 41st | Newport Beach | 1958 | 4 | 2 | 1,620 | 2,526 | $2,130 | $3.45M | 18 | 74 |
| 1407 Bay Front | Newport Beach | 1951 | 4 | 4 | 2,003 | 3,920 | $4,740 | $9.49M | 155 | 72 |
| 2715 Cove | Corona del Mar | 1940 | 4 | 4 | 1,647 | 3,485 | $3,794 | $6.25M | 20 | 72 |
| 121 Marine Avenue | Newport Beach | 1932 | 3 | 3 | 1,633 | 2,614 | $2,137 | $3.49M | 20 | 68 |
| 1527 Balboa | Newport Beach | 1946 | 5 | 3 | 2,000 | 2,561 | $1,998 | $4.00M | 53 | 66 |
| Total: 5 · Average | 4.0 | 3.2 | 1,780.6 | 3,021.2 | $2,959.8 | $5.34M | 53.2 | |||
| Median | 1,647 | $4.00M | ||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.