228 Del Mar Avenue, Costa Mesa, California 92627, Costa Mesa, - bed, bath

home-pic
ACTIVE$2,750,000
228 Del Mar Avenue, Costa Mesa, California 92627
5Beds
4Baths
2,600Sqft
7,405Lot
Year Built
1950
Close
-
List price
$2.75M
Original List price
$3M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
NP25100648
Home ConditionExcellent
Features
Patio
View-

About this home

Don't miss out on this rare chance to own a versatile property in the heart of Eastside Costa Mesa. This Charmer is situated on a 7405 sq ft lot and combined 2600 sq ft of living space. The front house is a great single family 3 bed 2 bath home. The back detached unit offers endless opportunities -use it as a private guest house, in-law suite, teen retreat, or generate passive income as a rental. Exceptional investment property with Excellent rental performance or multi-family living.The front remodeled house features 3 beds 2 baths, hardwood floors, a laundry room, an updated kitchen, air conditioning, along with a large detached bonus/office space and 2-car garage, approximately 1400 square feet. The back unit is approximately 1200 square feet above the garage, features its private entrance with a 2-bed 2-bath, modern kitchen with breakfast bar and marble counter tops, air conditioning, washer and dryer hook-ups, and a large 1-car garage. Quintessential Eastside Costa Mesa charmer has a large front yard, a picket fence, a concrete backyard, RV parking, and a large 10x20 storage area. This property has amazing curb appeal and is central to Newport Beach's Back Bay Nature preserve, 17th street shopping, A+ restaurants, and award-winning schools. Properties are fully leased. Front House $5200/per month, Back House $3000/per month. Don't miss out on this AMAZING OPPORTUNITY for an investor or owner-occupant buyer in the famed Eastside Costa Mesa community.

Nearby schools

8/10
Heinz Kaiser Elementary School
Public,3-61.2mi
/10
Woodland Elementary School
Public,PK-21.5mi
8/10
Mariners Elementary School
Public,PK-62.2mi
8/10
Newport Heights Elementary School
Public,K-63.9mi
4/10
Monroe Elementary School
Public,K-54.1mi
7/10
Horace Ensign Intermediate School
Public,7-83.2mi
3/10
Mcfadden Intermediate School
Public,6-83.5mi
7/10
Newport Harbor High School
Public,9-122.8mi
3/10
Century High School
Public,9-125.4mi

Price History

Date
Event
Price
07/31/25
$2,750,000
05/09/25
$2,999,500
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (110 Listings)
Beds53
88%
Baths43
77%
Square foot2,6001,755
84%
Lot Size7,4056,132
77%
Price$2.75M$1.88M
79%
Price per square foot$1,058$1,064
50%
Built year19501962
14%
HOA
Days on market180167
58%
Condition Rating
Excellent

Despite being built in 1950, the property has undergone extensive and recent renovations, as evidenced by the description of a 'remodeled house' with an 'updated kitchen' in the front unit and a 'modern kitchen with breakfast bar and marble counter tops' in the back unit. The visible images support this, showcasing pristine hardwood floors, recessed lighting, modern ceiling fans, and a contemporary laundry room with shaker cabinets and new appliances. The overall aesthetic is fresh, clean, and up-to-date, indicating that all components are virtually new and meet current quality standards, with no deferred maintenance. The property is move-in ready and presents as a fully renovated home.
Pros & Cons

Pros

Exceptional Income Potential & Versatility: The property features two fully leased units (3 bed/2 bath front house, 2 bed/2 bath detached back unit) generating significant passive income ($8200/month total), offering flexibility for multi-generational living, guest accommodations, or continued investment.
Prime Eastside Costa Mesa Location: Situated in the highly desirable Eastside Costa Mesa, the property boasts excellent proximity to Newport Beach's Back Bay Nature Preserve, 17th Street shopping, A+ restaurants, and award-winning schools.
Updated & Modernized Interiors: Both the front and back units have been remodeled, featuring updated kitchens (including marble countertops in the back unit), hardwood floors in the front, and air conditioning, providing modern comfort and appeal.
Ample Parking & Storage Solutions: The property offers practical amenities including a 2-car garage for the front house, a 1-car garage for the back unit, RV parking, and a large 10x20 storage area, catering to diverse needs.
Strong Curb Appeal & Generous Lot Size: With a 'quintessential Eastside Costa Mesa charmer' aesthetic, a large front yard with a picket fence, and a substantial 7405 sq ft lot, the property presents an attractive exterior and good outdoor space.

Cons

Age of Original Construction: Built in 1950, despite renovations, the underlying infrastructure of the property may be older, potentially leading to future maintenance needs or requiring updates to plumbing, electrical, or foundation systems.
Limited Green Space in Backyard: The description notes a 'concrete backyard,' which may not appeal to buyers seeking a lush garden, natural landscaping, or more traditional green outdoor living space.
Potential for Noise/Privacy Concerns: With two separate units on one lot, there could be potential for reduced privacy or increased noise transfer between residents, especially if both units are occupied by different parties.

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