3 days on Rocket
$10,000 Closing Credit¹
#PW25052760, Rick Applebaum, Listing Office: Morgan Skenderian
$3,395,000 List price
984 El Camino Dr Costa Mesa, CA 92626
0.2 acres
Condo
Property details
About 984 El Camino Dr
984 El Camino Drive is a premier investment opportunity in the sought-after Mesa Del Mar neighborhood of Costa Mesa, CA. This pristine, turnkey property received an infusion of approximately $1.3 million in 2023, encompassing a full exterior renovation and complete interior remodel. Each unit was upgraded with modern, high-end finishes, offering residents top-quality living spaces. Many units feature brand-new in-unit laundry machines, and all are equipped with new air conditioning, heating systems, microwaves, ceiling fans, stainless steel appliances, sinks, and more. The property also offers excellent parking options, with four garages, spaces for four vehicles in front of the garages, and five additional open spots, providing an impressive 2:1 parking ratio. With a 5.1% cap rate based on current rents, this asset presents a compelling opportunity for investors looking for a turnkey property with solid, immediate cash flow potential.
Highlights
Home typeCondominium
StatusActive
CoolingCentral Air
Lot size0.17 Acres
Year built1964
ParkingGarage
MLS #PW25046836
Garage4 spaces
Summary
- MLS Number: PW25046836
- MLS Name: CRMLS
- Office Name: Morgan Skenderian
- Office Email: rma@morganskenderian.com
- Listing Agent: Rick Applebaum
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: 3/14/2025, 5:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,395,000
984 El Camino Dr
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 27, 2021 | Home Sold | $1,800,000 |
| Mar 27, 2006 | Home Sold | $1,240,000 |
| Dec 21, 2004 | Home Sold | $965,000 |
| Apr 05, 2000 | Home Sold | $337,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,908,396 | $21,943 |
| 2023 | $1,830,900 | $20,919 |
| 2022 | $1,795,000 | $20,316 |
| 2021 | $1,428,000 | $16,234 |
| 2020 | $1,428,000 | $16,233 |
| 2019 | $1,400,000 | $15,478 |
| 2018 | $1,360,000 | $15,478 |
| 2017 | $1,035,534 | $12,076 |
History based on county public records data.
Nearby schools
6
Sonora Elementary School
Public District KG-6
0.1 mi
•966 Sonora Rd
8
Maude B. Davis Elementary School
Public District KG-6
0.5 mi
•1050 Arlington Dr
4
Paularino Elementary School
Public District KG-6
0.5 mi
•1060 Paularino Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $33,276. The most common annual income of people living in Costa Mesa, CA is less than $<35k. Typical family type is married, with kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
52%
<35k
27%
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?
22%
Single, No Kids
20%
Single, with Kids
12%
Married, No Kids
46%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
22%
<11 yrs old
13%
12-17 yrs old
31%
18-34 yrs old
30%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Ross Dress For Less
Foot Locker
Where do the neighbors go to eat?
Boston Market
Jack In The Box
Little Caesars
What do the neighbors drive?
Honda
Nissan
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 984 El Camino Dr
This home is located at 984 El Camino Dr in Costa Mesa, CA and zip code 92626 in the North Costa Mesa / Mesa del Mar neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 4, 2025 and is currently priced at $3,395,000.
Over 20 listings were sold over their listed price in February 2025 in Costa Mesa, CA. In the same period over 20 listings were sold below the listed price and 3 listings were sold for the listed price. The number of homes for sale in Costa Mesa, CA increased by 18.3% between January and February 2025. While the average time on the market in February 2025 was 24 days, the median list price was $1,398,975.
From Rocket Homes Real Estate and based on county public records data.