CashFlowRE
Sign in Sign up
327 W Wilson #107
B- Composite 67.84
Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +30.0/30.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Schools +4.8/10.0
  • ARV discount +4.6/15.0
  • Livability +3.1/5.0
  • Rent growth +2.9/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$164,999

327 W Wilson #107 · Costa Mesa, CA 92627
2 bd · 2.0 ba · 880 sqft · Manufactured · 101 Days on market
Built 1988 4.62 ac lot $187/sqft · 6% above area Est $155k · 6% over

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

This beautifully upgraded home in Costa Mesa Mobile Estates on the Westside has been completely remodeled from the ground up, with no expense spared. All-new subflooring, moisture protection, insulation and interior framing to ensure long-term stability and quality construction. The home features entirely new plumbing and electrical systems, along with a new water heater, washer, and dryer providing modern efficiency and peace of mind. New insulation has been installed under the floors, within the walls, and in the attic, creating a tightly sealed, energy-efficient living environment. Exterior and structural improvements include a brand-new roof, new siding with Hardie board, updated crawl space and roof venting, and enhanced weatherproofing throughout. The property is fully sealed with no history of water intrusion. Inside, the home has been finished with new drywall and quality materials throughout, reflecting the care and attention given to every phase of the remodel. New bathrooms with jacuzzi tub and rainfall showers. Photos showcase portions of this extensive renovation process and the craftsmanship involved. This is a rare opportunity to own a truly turn-key, extensively rebuilt home in Westside Costa Mesa, offering comfort, durability, and long-term value.

Key facts

  • New plumbing
  • Completely remodeled
  • New water heater

Tags

COMPLETELY REMODELEDNEW PLUMBINGNEW ELECTRICAL SYSTEMSNEW WATER HEATERNEW WASHERNEW DRYER

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/2.0-bath manufactured listed at $165k.

Deal economics

  • At list price, monthly cash flow is $1k ($15k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($3k rent vs $165k).
  • Recommended offer: $150k (9.0% below list) — sets the bar for market timing.
  • Cap rate 15.6% vs local median 1.8% in Costa Mesa — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 61/100 on livability (#558 in CA) — a middle-class / working-renter tenant base. Strengths: employment A+, amenities B; Watch: schools C-, health & safety D+, crime F.
  • Newport-Mesa Unified (urban): math 46% / reading 58% proficiency, ranked #106 of 517 in CA (top 20%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Market conditions: Rents rising (+1.7%/yr); 100 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 6,974 units permitted in Orange County in 2024 (3,839 in 5+ unit buildings).
  • This rent runs 34% of the median local income ($109k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
  • Orange County population projected at +14% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
  • At projected returns (-3.0% appreciation + 1.7% rent growth), your $46k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 101 days — a 9% lower offer ($150k) is reasonable based on typical stale-listing flexibility.
  • 10 sale attempts since 26y ago; this cycle's ask has dropped $14k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $73k; list at $165k implies a 126% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $150,149 (9.0% below list)

Questions for the listing agent

  1. It's been on market 101 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
1.86%
Cap rate
15.65%
Cash-on-cash
33.41%
DSCR
2.49
GRM
4.5

CMA / ARV

ARV (median comp)
$155,000
List price
$164,999
Delta
6.45%
Verdict
FAIR
Comps
3 within 1.0 mi
Show comp detail 5 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
327 W Wilson St #49 0.00mi 2/1.0 816 (-7%) 4mo $165,000 $202 80
327 W Wilson #88 0.00mi 2/2.0 768 (-13%) 3mo $155,000 $202 76
1973 Newport Blvd #17 0.62mi 2/2.0 800 (-9%) 10mo $136,000 $170 47
1973 Newport Blvd #50 0.61mi 2/2.0 780 (-11%) 13mo $160,000 $205 42
2060 Newport Blvd #55 0.64mi 3/2.0 (+1) 960 (+9%) 15mo $230,000 $240 38

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 1.71% rent growth · sell at horizon

5-year hold
IRR
27.2%
Equity multiple
2.11×
Total profit
$51,290
Equity at exit
$24,602
10-year hold
IRR
34.0%
Equity multiple
3.91×
Total profit
$134,594
Equity at exit
$14,266

Cash invested: $46,200 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
18 Strongly Tenant-Friendly
State California
18 Strongly Tenant-Friendly · D+13
County
— inherits STATE
City
— inherits STATE
AB1482 statewide rent cap (10% + CPI). Cities (SF/LA/Berkeley) layer stricter rules. Just-cause statewide.

ZIP-level market 92627

Rents YoY
1.7%
Active inventory
100
Price-to-rent
4.5×

Monthly cashflow live

Estimated rent
$3,071 high interval (Pro) →
Mortgage (P&I)
$865
Tax est. 1.5%
$206 /mo · $2,475/yr
Insurance
$69
HOA
$0
Vacancy / Maint / Mgmt
$645
Net cashflow
$1,286

Break-even live

Break-even rent $1,443
Max offer price $164,999
Occupancy floor 53%

Sensitivity live

Price -10% $1,400 -5% $1,343 +0% $1,286 +5% $1,229 +10% $1,172
Rent -10% $1,044 -5% $1,165 +0% $1,286 +5% $1,407 +10% $1,529
Rate -1.0pp $1,369 -0.5pp $1,328 base $1,286 +0.5pp $1,243 +1.0pp $1,200

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$41,250
Closing costs
$4,950
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
241 W Wilson St Costa Mesa, CA 2.0 1.0 904 $2,595 $2.87 17d 1 0.20mi
260 Victoria St Unit D-4 Costa Mesa, CA 2.0 2.5 920 $3,995 $4.34 44d 1 0.23mi
370 Hamilton St Unit A Costa Mesa, CA 2.0 1.5 1000 $3,100 $3.10 44d 1 0.36mi
140 W Wilson St Costa Mesa, CA 1.0 1.0 585 $2,250 $3.85 21d 1 0.42mi
393 Hamilton St Unit B1 Costa Mesa, CA 1.0 1.0 576 $2,200 $3.82 21d 1 0.42mi
393 Hamilton St Unit N1 Costa Mesa, CA 1.0 1.0 576 $2,050 $3.56 21d 1 0.43mi
2400 Harbor Blvd Costa Mesa, CA 1.0–2.0 1.0–2.5 1010 $3,779 $3.74 0d 16 0.46mi
427 Hamilton St Costa Mesa, CA 2.0 1.0 1000 $2,900 $2.90 25d 1 0.46mi
2345 Newport Blvd Costa Mesa, CA 2.0 2.0 880 $3,032 $3.45 2d 5 0.47mi
131 Albert Pl Unit D Costa Mesa, CA 2.0 2.0 913 $4,200 $4.60 44d 1 0.50mi
2414 Richmond Way Costa Mesa, CA 2.0 2.0 850 $3,000 $3.53 5d 1 0.54mi
2323 Elden Ave Costa Mesa, CA 1.0 1.0 684 $2,445 $3.57 4d 2 0.58mi
177 22nd St Costa Mesa, CA 1.0 1.0 740 $2,625 $3.55 44d 1 0.60mi
1995 Maple St Unit 1999-202 Costa Mesa, CA 2.0 1.0 704 $2,650 $3.76 44d 1 0.61mi
1995 Maple St Costa Mesa, CA 2.0 1.0 704 $2,575 $3.66 6d 1 0.61mi
109 Clearbrook Ln Unit C Costa Mesa, CA 1.0 1.0 750 $2,450 $3.27 25d 1 0.63mi
132 E Bay St Costa Mesa, CA 2.0 1.0 900 $2,700 $3.00 14d 1 0.63mi
2367 Elden Ave Costa Mesa, CA 1.0 1.0 1000 $2,500 $2.50 44d 1 0.63mi
117 E Bay St Unit A Costa Mesa, CA 2.0 1.0 787 $2,750 $3.49 25d 1 0.63mi
2000 Parsons St Costa Mesa, CA 1.0–2.0 1.0–2.0 800 $3,215 $4.02 14d 5 0.64mi
121 E Bay St Unit 121D Costa Mesa, CA 2.0 1.0 788 $2,850 $3.62 21d 1 0.64mi
121 E Bay St Unit D Costa Mesa, CA 2.0 1.0 788 $2,850 $3.62 25d 1 0.64mi
136 E Bay St Costa Mesa, CA 1.0 1.0 700 $2,550 $3.64 44d 1 0.64mi
2029 Harbor Blvd Unit 8 Costa Mesa, CA 2.0 1.0 638 $2,750 $4.31 25d 1 0.65mi
2029 Harbor Blvd Unit 7 Costa Mesa, CA 2.0 1.0 616 $2,850 $4.63 8d 1 0.67mi
592 Hamilton St Apt C Costa Mesa, CA 2.0 1.0 810 $3,800 $4.69 44d 1 0.68mi
2445 Elden Ave Costa Mesa, CA 2.0 1.5 975 $3,300 $3.38 44d 1 0.73mi
181 Santa Isabel Ave Apt B Costa Mesa, CA 2.0 1.0 1000 $3,400 $3.40 0d 1 0.73mi
2002 Maple Ave Costa Mesa, CA 2.0 1.0 950 $2,595 $2.73 25d 1 0.74mi
2427 Orange Ave Costa Mesa, CA 1.0 1.5 900 $2,750 $3.06 3d 1 0.79mi
1999 Maple Ave Unit 202 Costa Mesa, CA 2.0 1.0 704 $2,575 $3.66 8d 1 0.82mi
673 Victoria St Costa Mesa, CA 2.0 1.0 700 $3,000 $4.29 17d 1 0.83mi
425 Merrimac Way Costa Mesa, CA 1.0 1.0 600 $2,540 $4.23 3d 6 0.83mi
138 Walnut St Costa Mesa, CA 2.0 2.0 1008 $5,500 $5.46 45d 1 0.84mi
1947 Fullerton Ave Costa Mesa, CA 2.0 1.0 824 $3,895 $4.73 25d 1 0.86mi
2408 Carlton Pl Costa Mesa, CA 2.0 1.0 778 $4,000 $5.14 44d 1 0.93mi
400 Merrimac Way Costa Mesa, CA 1.0 1.0 634 $2,250 $3.55 0d 3 0.93mi
2350 Santa Ana Ave Costa Mesa, CA 3.0 2.0 912 $3,850 $4.22 44d 1 1.01mi
2258 Pamela Ln Unit A Costa Mesa, CA 3.0 2.0 950 $3,695 $3.89 4d 1 1.02mi
2650 Harla Ave Costa Mesa, CA 2.0 1.0 817 $2,775 $3.40 8d 2 1.04mi

Listing history 38 events

  1. 2026-06-21
    days on market $164,999 Active 101 DOM
  2. 2026-06-18
    days on market $164,999 Active 98 DOM
  3. 2026-06-17
    days on market $164,999 Active 97 DOM
  4. 2026-06-16
    days on market $164,999 Active 96 DOM
  5. 2026-06-15
    days on market $164,999 Active 95 DOM
  6. 2026-06-13
    days on market $164,999 Active 93 DOM
  7. 2026-06-13
    days on market $164,999 Active 92 DOM
  8. 2026-06-09
    days on market $164,999 Active 89 DOM
  9. 2026-06-08
    days on market $164,999 Active 88 DOM
  10. 2026-06-07
    days on market $164,999 Active 87 DOM
  11. 2026-06-04
    days on market $164,999 Active 84 DOM
  12. 2026-06-03
    days on market $164,999 Active 83 DOM
  13. 2026-06-02
    days on market $164,999 Active 82 DOM
  14. 2026-06-01
    days on market $164,999 Active 81 DOM
  15. 2026-05-31
    days on market $164,999 Active 80 DOM
  16. 2026-05-20
    price $164,999 1284-char remark
    Show marketing remark (1284 chars)

    This beautifully upgraded home in Costa Mesa Mobile Estates on the Westside has been completely remodeled from the ground up, with no expense spared. All-new subflooring, moisture protection, insulation and interior framing to ensure long-term stability and quality construction. The home features entirely new plumbing and electrical systems, along with a new water heater, washer, and dryer providing modern efficiency and peace of mind. New insulation has been installed under the floors, within the walls, and in the attic, creating a tightly sealed, energy-efficient living environment. Exterior and structural improvements include a brand-new roof, new siding with Hardie board, updated crawl space and roof venting, and enhanced weatherproofing throughout. The property is fully sealed with no history of water intrusion. Inside, the home has been finished with new drywall and quality materials throughout, reflecting the care and attention given to every phase of the remodel. New bathrooms with jacuzzi tub and rainfall showers. Photos showcase portions of this extensive renovation process and the craftsmanship involved. This is a rare opportunity to own a truly turn-key, extensively rebuilt home in Westside Costa Mesa, offering comfort, durability, and long-term value.

  17. 2026-04-30
    price $169,999 1284-char remark
    Show marketing remark (1284 chars)

    This beautifully upgraded home in Costa Mesa Mobile Estates on the Westside has been completely remodeled from the ground up, with no expense spared. All-new subflooring, moisture protection, insulation and interior framing to ensure long-term stability and quality construction. The home features entirely new plumbing and electrical systems, along with a new water heater, washer, and dryer providing modern efficiency and peace of mind. New insulation has been installed under the floors, within the walls, and in the attic, creating a tightly sealed, energy-efficient living environment. Exterior and structural improvements include a brand-new roof, new siding with Hardie board, updated crawl space and roof venting, and enhanced weatherproofing throughout. The property is fully sealed with no history of water intrusion. Inside, the home has been finished with new drywall and quality materials throughout, reflecting the care and attention given to every phase of the remodel. New bathrooms with jacuzzi tub and rainfall showers. Photos showcase portions of this extensive renovation process and the craftsmanship involved. This is a rare opportunity to own a truly turn-key, extensively rebuilt home in Westside Costa Mesa, offering comfort, durability, and long-term value.

  18. 2026-04-09
    status Active 1284-char remark
    Show marketing remark (1284 chars)

    This beautifully upgraded home in Costa Mesa Mobile Estates on the Westside has been completely remodeled from the ground up, with no expense spared. All-new subflooring, moisture protection, insulation and interior framing to ensure long-term stability and quality construction. The home features entirely new plumbing and electrical systems, along with a new water heater, washer, and dryer providing modern efficiency and peace of mind. New insulation has been installed under the floors, within the walls, and in the attic, creating a tightly sealed, energy-efficient living environment. Exterior and structural improvements include a brand-new roof, new siding with Hardie board, updated crawl space and roof venting, and enhanced weatherproofing throughout. The property is fully sealed with no history of water intrusion. Inside, the home has been finished with new drywall and quality materials throughout, reflecting the care and attention given to every phase of the remodel. New bathrooms with jacuzzi tub and rainfall showers. Photos showcase portions of this extensive renovation process and the craftsmanship involved. This is a rare opportunity to own a truly turn-key, extensively rebuilt home in Westside Costa Mesa, offering comfort, durability, and long-term value.

  19. 2026-03-25
    status Active 1284-char remark
    Show marketing remark (1284 chars)

    This beautifully upgraded home in Costa Mesa Mobile Estates on the Westside has been completely remodeled from the ground up, with no expense spared. All-new subflooring, moisture protection, insulation and interior framing to ensure long-term stability and quality construction. The home features entirely new plumbing and electrical systems, along with a new water heater, washer, and dryer providing modern efficiency and peace of mind. New insulation has been installed under the floors, within the walls, and in the attic, creating a tightly sealed, energy-efficient living environment. Exterior and structural improvements include a brand-new roof, new siding with Hardie board, updated crawl space and roof venting, and enhanced weatherproofing throughout. The property is fully sealed with no history of water intrusion. Inside, the home has been finished with new drywall and quality materials throughout, reflecting the care and attention given to every phase of the remodel. New bathrooms with jacuzzi tub and rainfall showers. Photos showcase portions of this extensive renovation process and the craftsmanship involved. This is a rare opportunity to own a truly turn-key, extensively rebuilt home in Westside Costa Mesa, offering comfort, durability, and long-term value.

  20. 2026-02-04
    listed $179,000 Active 1284-char remark
    Show marketing remark (1284 chars)

    This beautifully upgraded home in Costa Mesa Mobile Estates on the Westside has been completely remodeled from the ground up, with no expense spared. All-new subflooring, moisture protection, insulation and interior framing to ensure long-term stability and quality construction. The home features entirely new plumbing and electrical systems, along with a new water heater, washer, and dryer providing modern efficiency and peace of mind. New insulation has been installed under the floors, within the walls, and in the attic, creating a tightly sealed, energy-efficient living environment. Exterior and structural improvements include a brand-new roof, new siding with Hardie board, updated crawl space and roof venting, and enhanced weatherproofing throughout. The property is fully sealed with no history of water intrusion. Inside, the home has been finished with new drywall and quality materials throughout, reflecting the care and attention given to every phase of the remodel. New bathrooms with jacuzzi tub and rainfall showers. Photos showcase portions of this extensive renovation process and the craftsmanship involved. This is a rare opportunity to own a truly turn-key, extensively rebuilt home in Westside Costa Mesa, offering comfort, durability, and long-term value.

  21. 2021-06-30
    soldstatus $73,000 Closed Sale 707-char remark
    Show marketing remark (707 chars)

    Great Value Manufactured/Mobile home built in 1988, this home needs to be updated, original fixtures, home has 2 bedrooms, 1.75 baths! Family room and Dining area with a separate laundry room! Great location in the heart of Costa Mesa! The land lease will be $1105/month currently $1,050, need to verify with park management. Assigned parking Large enough for 2 cars. You are near the beach, bay, South Coast Plaza, Fairgrounds, retail nearby; Target, K-Mart, Home Depot. Close to Vanguard University, Southern California College as well as Orange Coast College. Seller is sad to leave this great community as he described, quiet and friendly neighbors and central to everything, but relocating for work.

  22. 2021-06-14
    status Pending Sale 707-char remark
    Show marketing remark (707 chars)

    Great Value Manufactured/Mobile home built in 1988, this home needs to be updated, original fixtures, home has 2 bedrooms, 1.75 baths! Family room and Dining area with a separate laundry room! Great location in the heart of Costa Mesa! The land lease will be $1105/month currently $1,050, need to verify with park management. Assigned parking Large enough for 2 cars. You are near the beach, bay, South Coast Plaza, Fairgrounds, retail nearby; Target, K-Mart, Home Depot. Close to Vanguard University, Southern California College as well as Orange Coast College. Seller is sad to leave this great community as he described, quiet and friendly neighbors and central to everything, but relocating for work.

  23. 2021-05-31
    historical Active Under Contract 707-char remark
    Show marketing remark (707 chars)

    Great Value Manufactured/Mobile home built in 1988, this home needs to be updated, original fixtures, home has 2 bedrooms, 1.75 baths! Family room and Dining area with a separate laundry room! Great location in the heart of Costa Mesa! The land lease will be $1105/month currently $1,050, need to verify with park management. Assigned parking Large enough for 2 cars. You are near the beach, bay, South Coast Plaza, Fairgrounds, retail nearby; Target, K-Mart, Home Depot. Close to Vanguard University, Southern California College as well as Orange Coast College. Seller is sad to leave this great community as he described, quiet and friendly neighbors and central to everything, but relocating for work.

  24. 2021-04-03
    price $85,000 707-char remark
    Show marketing remark (707 chars)

    Great Value Manufactured/Mobile home built in 1988, this home needs to be updated, original fixtures, home has 2 bedrooms, 1.75 baths! Family room and Dining area with a separate laundry room! Great location in the heart of Costa Mesa! The land lease will be $1105/month currently $1,050, need to verify with park management. Assigned parking Large enough for 2 cars. You are near the beach, bay, South Coast Plaza, Fairgrounds, retail nearby; Target, K-Mart, Home Depot. Close to Vanguard University, Southern California College as well as Orange Coast College. Seller is sad to leave this great community as he described, quiet and friendly neighbors and central to everything, but relocating for work.

  25. 2021-03-13
    price $94,000 707-char remark
    Show marketing remark (707 chars)

    Great Value Manufactured/Mobile home built in 1988, this home needs to be updated, original fixtures, home has 2 bedrooms, 1.75 baths! Family room and Dining area with a separate laundry room! Great location in the heart of Costa Mesa! The land lease will be $1105/month currently $1,050, need to verify with park management. Assigned parking Large enough for 2 cars. You are near the beach, bay, South Coast Plaza, Fairgrounds, retail nearby; Target, K-Mart, Home Depot. Close to Vanguard University, Southern California College as well as Orange Coast College. Seller is sad to leave this great community as he described, quiet and friendly neighbors and central to everything, but relocating for work.

  26. 2021-01-30
    status Active 707-char remark
    Show marketing remark (707 chars)

    Great Value Manufactured/Mobile home built in 1988, this home needs to be updated, original fixtures, home has 2 bedrooms, 1.75 baths! Family room and Dining area with a separate laundry room! Great location in the heart of Costa Mesa! The land lease will be $1105/month currently $1,050, need to verify with park management. Assigned parking Large enough for 2 cars. You are near the beach, bay, South Coast Plaza, Fairgrounds, retail nearby; Target, K-Mart, Home Depot. Close to Vanguard University, Southern California College as well as Orange Coast College. Seller is sad to leave this great community as he described, quiet and friendly neighbors and central to everything, but relocating for work.

  27. 2021-01-28
    historical Active Under Contract 707-char remark
    Show marketing remark (707 chars)

    Great Value Manufactured/Mobile home built in 1988, this home needs to be updated, original fixtures, home has 2 bedrooms, 1.75 baths! Family room and Dining area with a separate laundry room! Great location in the heart of Costa Mesa! The land lease will be $1105/month currently $1,050, need to verify with park management. Assigned parking Large enough for 2 cars. You are near the beach, bay, South Coast Plaza, Fairgrounds, retail nearby; Target, K-Mart, Home Depot. Close to Vanguard University, Southern California College as well as Orange Coast College. Seller is sad to leave this great community as he described, quiet and friendly neighbors and central to everything, but relocating for work.

  28. 2021-01-28
    status Active 707-char remark
    Show marketing remark (707 chars)

    Great Value Manufactured/Mobile home built in 1988, this home needs to be updated, original fixtures, home has 2 bedrooms, 1.75 baths! Family room and Dining area with a separate laundry room! Great location in the heart of Costa Mesa! The land lease will be $1105/month currently $1,050, need to verify with park management. Assigned parking Large enough for 2 cars. You are near the beach, bay, South Coast Plaza, Fairgrounds, retail nearby; Target, K-Mart, Home Depot. Close to Vanguard University, Southern California College as well as Orange Coast College. Seller is sad to leave this great community as he described, quiet and friendly neighbors and central to everything, but relocating for work.

  29. 2021-01-13
    historical Active Under Contract 707-char remark
    Show marketing remark (707 chars)

    Great Value Manufactured/Mobile home built in 1988, this home needs to be updated, original fixtures, home has 2 bedrooms, 1.75 baths! Family room and Dining area with a separate laundry room! Great location in the heart of Costa Mesa! The land lease will be $1105/month currently $1,050, need to verify with park management. Assigned parking Large enough for 2 cars. You are near the beach, bay, South Coast Plaza, Fairgrounds, retail nearby; Target, K-Mart, Home Depot. Close to Vanguard University, Southern California College as well as Orange Coast College. Seller is sad to leave this great community as he described, quiet and friendly neighbors and central to everything, but relocating for work.

  30. 2020-12-12
    listed $99,000 Active 707-char remark
    Show marketing remark (707 chars)

    Great Value Manufactured/Mobile home built in 1988, this home needs to be updated, original fixtures, home has 2 bedrooms, 1.75 baths! Family room and Dining area with a separate laundry room! Great location in the heart of Costa Mesa! The land lease will be $1105/month currently $1,050, need to verify with park management. Assigned parking Large enough for 2 cars. You are near the beach, bay, South Coast Plaza, Fairgrounds, retail nearby; Target, K-Mart, Home Depot. Close to Vanguard University, Southern California College as well as Orange Coast College. Seller is sad to leave this great community as he described, quiet and friendly neighbors and central to everything, but relocating for work.

  31. 2003-08-30
    historical
  32. 2003-08-30
    historical
  33. 2003-05-29
    listed $48,000
  34. 2003-05-29
    listed $51,000
  35. 2003-03-11
    historical
  36. 2002-12-11
    listed $45,000
  37. 2000-02-17
    soldstatus $32,000
  38. 2000-01-20
    listed $38,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 5/10 Major 7 d/yr ≥85°F today · 23 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 5 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$36,857
− Mortgage interest
−$9,243
− Property taxes
−$2,475
− Insurance
−$825
− Repairs & maintenance
−$2,949
− Management
−$2,949
− Depreciation
−$4,800
Taxable income
$13,618
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$3,268
After-tax cash flow
$12,166/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Newport-Mesa Unified
NCES district ID
0627240
Math proficiency
46% ▼ -6.00%
Reading proficiency
58% ▼ -5.00%
Median HH income
$83,922
Composite
47.64/100
National rank
#2248
State rank
#106 of 517 in CA

Livability — Costa Mesa

Score
61/100
State rank
#558
US rank
#18441

Category grades

Amenities B Commute F Cost of living F Crime F Employment A+ Housing C+ Health & safety D+ User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Costa Mesa, CA
County
Orange County · 3,096,323 people
City population
111,101
Metro
Los Angeles-Long Beach-Anaheim, CA
Population (ZIP)
60,393
Household income
$108,994
Rent vs Own
61.5% rent · 38.5% own
Severe rent burden
2889.0

Population outlook (Orange County) Hauer SSP2

Today (2025)
3,477,456 people
By 2030
3,613,117 · +3.9%
By 2040
3,835,945 · +10.3%
By 2050
3,968,736 · +14.1%
By 2075
4,097,053 · +17.8%
By 2100
3,903,633 · +12.3%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.60)
Race & ethnicity
White 48% Hispanic / Latino 41% Two or more races 18% Asian 4% Native American 1%
Hispanic origin (detail)
Mexican 32%
Common ancestry
Italian 4% Slovak 2% Romanian 2%
Foreign-born
22% · Canada, Vietnam, Jamaica
Languages at home
62% English-only · Spanish 32% Other Indo-European 1% Other Asian/Pacific 1%

Political lean MEDSL · Orange

2024 margin
Toss-up / Even · D 49.7% · R 47.1% · Other 3.2%
2008→2024 swing
+5.2pp toward D · 2008: -2.6pp · 2024: 2.6pp
All cycles
2024: D+2.6 2020: D+9.0 2016: D+7.7 2012: R+8.3 2008: R+2.6

Not yet ingested

Civics

Market trends

HPI YoY
▼ -1520.53%
Current HPI
455.1299
Rent YoY
▲ 1.71%
Metro
Los Angeles-Long Beach-Anaheim, CA
State GDP YoY
▲ 3.21%
F500 in state
116

Industry mix (Fortune 500 HQ in CA)

Industry F500 HQs Revenue

Price history

+334.2% since first listed
23 events — show timeline
  • 2026-05-20 Price Changed $164,999 CRMLS
  • 2026-04-30 Price Changed $169,999 CRMLS
  • 2026-04-09 Relisted CRMLS
  • 2026-03-25 Relisted CRMLS
  • 2026-02-04 Listed $179,000 CRMLS
  • 2021-06-30 Sold (MLS) $73,000 CRMLS
  • 2021-06-14 Pending CRMLS
  • 2021-05-31 Contingent CRMLS
  • 2021-04-03 Price Changed $85,000 CRMLS
  • 2021-03-13 Price Changed $94,000 CRMLS
  • 2021-01-30 Relisted CRMLS
  • 2021-01-28 Contingent CRMLS
  • 2021-01-28 Relisted CRMLS
  • 2021-01-13 Contingent CRMLS
  • 2020-12-12 Listed $99,000 CRMLS
  • 2003-08-30 Listing Removed CRMLS
  • 2003-08-30 Listing Removed CRMLS
  • 2003-05-29 Listed $51,000 CRMLS
  • 2003-05-29 Listed $48,000 CRMLS
  • 2003-03-11 Listing Removed CRMLS
  • 2002-12-11 Listed $45,000 CRMLS
  • 2000-02-17 Sold (MLS) $32,000 CRMLS
  • 2000-01-20 Listed $38,000 CRMLS

Property tax history

-3.5%/yr

Latest (2025): $54 · -0.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…