432 Hamilton Street, Costa Mesa, CA 92627

Local realty services provided by:Better Homes and Gardens Real Estate Registry
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432 Hamilton Street,Costa Mesa, CA 92627
$3,350,000
  • 5 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:nick gould
Office:gould group inc
MLS#:NP25174755
Source:SANDICOR

Price summary

  • Price:$3,350,000

About this home

432 Hamilton Street is a fully renovated five-unit multifamily investment property located in Costa Mesas desirable Westside neighborhood. Currently master leased at $19,000 per month, the property provides investors with stable, predictable cash flow and a 5.06% cap rate, with future upside upon conversion to individual leases. The unit mix consists of one 3-bedroom/2-bath and four 2-bedroom/2-bath units, including two brand-new ADUs completed in 2024 and three extensively renovated units in the original 1977 building. Each residence features modern kitchens with stone countertops and stainless steel appliances, updated bathrooms, in-unit laundry, and private outdoor patios or balconies. The property offers six off-street parking spaces, separate gas and electric meters, and a low-maintenance layout on an 8,795 SF lot. Ideally located just minutes from the beach, 17th Street retail, and Triangle Square, 432 Hamilton combines turnkey operations, strong in-place income, and long-term

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Home facts

  • Listing Id #:NP25174755
  • Added:10 day(s) ago
  • Updated:August 16, 2025 at 02:23 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:4

Finances and disclosures

  • Price:$3,350,000
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