Search
Renovated 5-Unit Apartment Building
For Sale
Contact for pricing

432 Hamilton St, Costa Mesa, CA 92627

Fully renovated interiors offer updated kitchens, private outdoor areas, and in-unit laundry across a multifamily property.

Property SizeContact for details
Days on Market143

Property Features for 432 Hamilton St

General Information

Standard status Active
Total Parking Spaces 6
Property subtype Multifamily

Units

Unit Mix 1 x 3BR/2BA, 4 x 2BR/2BA
Multifamily Units 5

Additional Details

Cap Rate 5.06%

Amenities

modern kitchens
in-unit laundry
private outdoor patios or balconies

Building Details

Tenancy Single
Listing Agency: Gould Group Investment Real Estate
Listed By: Nicholas Gould · License #CA 01521955
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Aug 30 at 11:13PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gould Group Investment Real Estate

Investment Insights

Based on property information with market context.

This five-unit apartment property includes one three-bedroom, two-bath residence and four two-bedroom, two-bath residences. Two ADUs were completed in 2024, while the other three units were renovated in 2023. Interior features include modern kitchens with stone countertops and stainless steel appliances, in-unit laundry, and private patios or balconies.

The property is located at 432 Hamilton Street in Costa Mesa’s Westside neighborhood, minutes from the beach, 17th Street retail, and Triangle Square. Six off-street parking spaces serve the property, and gas and electric utilities are separately metered. The asset is currently master leased and carries a 5.06% cap rate.

Key Highlights

  • Five‑unit mix: one 3‑bedroom/2‑bath and four 2‑bedroom/2‑bath units
  • Two brand‑new ADUs completed in 2024
  • Three units fully renovated in 2023

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Catering Service (Bike/Boat/Book/etc) Store Butcher Parking Lot & Garage Fish Market Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,140
Businesses Nearby

Demographics for 92627, CA

61,764
Population
23,286
Households
2.7
Avg Household Size
36
Median Age
42%
College-Educated
85%
High-School Grad
6.4 sq mi
ZIP Area
9,651
Density / Sq Mi
$105,039
Median Household Income
$49,236
Median Earnings
$2,299
Median Rent
$1,074,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Fully renovated interiors offer updated kitchens, private outdoor areas, and in-unit laundry across a multifamily property.
Where is this apartment building located?
The property is located at 432 Hamilton St Costa Mesa, CA.
What are key features of this property?
This property features: Five‑unit mix: one 3‑bedroom/2‑bath and four 2‑bedroom/2‑bath units; Two brand‑new ADUs completed in 2024; Three units fully renovated in 2023
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message