$10,000

closing credit¹

3123 Cinnamon Ave Costa Mesa, CA 92626

$2,150,000
9 beds
8 baths
4,614 sqft
0.2 acres
$466 / sqft
House

Property details

About 3123 Cinnamon Ave

Excellent pride of ownership 4 unit multifamily investment property located inside of Mesa Verde's "Spice Streets." Long term ownership with large upside to increase rental income. Unit mix is three 2 bed/2 bath units and one 3 bed/2 bath unit. Ample parking with five garages and two uncovered parking spaces. Each unit has central air conditioning with extensive renovation in the 3 bedroom unit that also has a large private patio. Onsite laundry facilities available for tenant use. Interior electrical subpanels have been replaced in all units and the laundry room recently. Building is separately metered for gas and electric. Tenants have easy access to shops, restaurants, and are within close proximity to major thoroughfares including the 405 and 55 freeway.

Highlights

Home typeOther
HeatingCentral
StatusActive
CoolingCentral Air
Size4,614 sqft
Lot size0.1837 Acres
Year built1966
ParkingDoor-Multi, Door-Single, Garage, Uncovered
MLS #24474763
Garage5 spaces

Summary

  • MLS Number: 24474763
  • MLS Name: CRMLS
  • Office Name: CB Richard Ellis, Inc.
  • Listing Agent: Sean Riley

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/7/2025, 6:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house featuring a front lawn

$2,150,000

3123 Cinnamon Ave

$10,000

closing credit¹

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Price information

Property sales

DateEventPrice
Mar 13, 2008
Home Sold
$950,000

Tax history

YearAssessmentProperty Tax
2024$1,223,371$14,563
2023$1,199,384$14,167
2022$1,175,867$13,755
2021$1,152,811$13,339
2020$1,140,991$13,211
2019$1,118,619$12,711
2018$1,096,686$12,711
2017$1,075,183$12,494

History based on county public records data.

Nearby schools

7

Killybrooke Elementary School

Public District KG-6

0.4 mi

3155 Killybrooke Ln

7

California Elementary School

Public District KG-6

0.5 mi

3232 CA Ave

5

Adams Elementary School

Public District KG-6

1.0 mi

2850 Club House Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $69,683. The most common annual income of people living in Costa Mesa, CA is between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

15%
<35k
65%
35k-100k
21%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

43%
Single, No Kids
15%
Single, with Kids
17%
Married, No Kids
25%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
9%
12-17 yrs old
27%
18-34 yrs old
40%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Music ConcertsMusic Concerts
  • Art MuseumsArt Museums

Where do the neighbors shop?

  • Banana RepublicBanana Republic
  • H&MH&M
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • ChipotleChipotle
  • StarbucksStarbucks

What do the neighbors drive?

  • ToyotaToyota
  • VolkswagenVolkswagen
  • AudiAudi

What do the neighbors listen to?

  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • NewsNews
All data provided by Home Junction and Claritas

Frequently asked questions

About 3123 Cinnamon Ave

This home is located at 3123 Cinnamon Ave in Costa Mesa, CA and zip code 92626. This 4,614 square foot home, which was built in 1966, sits on a 0.18 acre lot. Features: 9 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since December 28, 2024 and is currently priced at $2,150,000.

Costa Mesa, CA housing market in January 2025 saw over 13 listings sold above listed price, more than 4 sold at listed price and over 18 sold below. The number of listings in Costa Mesa, CA increased by 7.1% between December and January 2025. While the average time on the market in January 2025 was 36 days, the median list price was $1,385,000.

From Rocket Homes Real Estate and based on county public records data.

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