Under Contract

1019 American Place

Costa Mesa, CA 92627

$1,275,000 $5,375/Mo

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Overview

Bed

Bath

1,750

Sqft

6,970

Sqft(Lot)

Description

We are pleased to present 1019 American Place, a rare duplex investment opportunity located in the highly desirable Westside Costa Mesa submarket. The property consists of two spacious 2-bedroom, 1-bathroom units, offering an attractive layout for tenants and strong rental appeal in a supply-constrained coastal market. Situated in one of Orange County's most sought-after rental locations, the asset benefits from immediate proximity to Newport Beach, major employment hubs, and premier retail corridors, making it an ideal option for both investors and occupants alike. Constructed in 1962, the property features classic mid-century construction with a proven track record of rental durability. The asset presents a compelling opportunity for a new owner to implement a strategic renovation progra m to modernize interiors and enhance overall curb appeal, allowing for increased rental income and long-term appreciation. Costa Mesa continues to demonstrate strong rental fundamentals driven by its coastal accessibility, connectivity to major freeways, and diverse employment base. These factors have supported consistent tenant demand and position the asset for stable cash flow with future upside. Offered for the first time in over five decades, the property has been under the same ownership since 1970, underscoring the long-term stability and desirability of the location. Additionally, the Westside Costa Mesa submarket is characterized by low transaction velocity, with limited inventory and infrequent sales, creating a unique opportunity for investors to acquire a tightly held asset in a premier coastal market. For more information, please reach out.

Property Details

Property Type : Residential Income

Price : $1,275,000

AD Id : 77847378

MLS Id : 26828043

Beds : 4

Lot Size : 6,970 Sqft

Living Area Size : 1,750

Year Built : 1962

County : Orange

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 4

Bathroom Information

Total Baths: 2 Full Baths: 0 Half Baths: 0
Interior Features

Property Appliances: Disposal,Refrigerator
Cooling Features

None Air Conditioning

Heating Source

Wall Furnace Has Heating

Building Information

Year Built: 1962 Building Area Total: 1,750

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.16 Lot Size Dimensions: 65x107
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 6970

Listing Price Information

Original List Price: 1,275,000 Listing Contract Date: 2026-04-28
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 42208210

Garage and Parking

Attached Garage: Yes

Homeowners Association

Other Property Info

Source Listing Status: Active Under Contract Source Neighborhood: C2 - Southwest Costa Mesa Postal Code Plus 4: 3924 Directions: American Pl & Victoria St Source Property Type: Residential Income Area: C2 - Southwest Costa Mesa
Building and Construction

Property Age: 64 Year Built Source: Assessor Total Square Feet Living: 1750 Levels or Stories: One Building Total Stories: 1

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
137 The Masters Circle, Costa Mesa, CA, 92627	$2,280,000	4	4	3,887	3,887 SqFt
315 University Drive, Costa Mesa, CA, 92627	$2,675,000	2	2	1,225	1,225 SqFt
341 Vista Baya, Costa Mesa, CA, 92627	$4,625,000	4	3	4,590	4,590 SqFt
132 E 23rd Street, Costa Mesa, CA, 92627	$1,695,000	3	2	1,881	1,881 SqFt
2197 Santa Ana Avenue, Costa Mesa, CA, 92627	$2,725,000	4	2	2,055	2,055 SqFt
2011 Tustin Avenue, Costa Mesa, CA, 92627	$2,095,000	3	--	1,408	1,408 SqFt
305 Robinhood, Costa Mesa, CA, 92627	$3,695,000	5	3	2,863	2,863 SqFt
415 Walnut, Costa Mesa, CA, 92627	$3,295,000	3	2	1,430	1,430 SqFt
291-293 Avocado Street, Costa Mesa, CA, 92627	$9,595,000	--	--	18,012	18,012 SqFt
327 W Wilson #107, Costa Mesa, CA, 92627	$164,999	2	2	880	880 SqFt

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ByOwner last updated this listing 06/07/2026 @ 03:33

MLS: 26828043 LISTED BY: Jonathan Weir, Marcus & Millichap 424-405-3900 SOURCE: CRMLS