Two-Unit
For Sale
$1,395,000
753 Scott Place, Costa Mesa, CA 92627
Each residence offers a two-bedroom, one-bathroom layout with access to shopping, dining, and freeways.
Days on Market60
Property Features for 753 Scott Place
General Information
Standard status
Active
Property subtype
Duplex
Additional Details
Highway Access
Yes
Building Details
Building Size
1,853 SF
Year Built
1960
Tenancy
Multi
Listing Agency:
Torelli Realty
(714) 540-7355
Listed By:
Ryan Knapp · License #02065582
Source:
Altamirarealty
Added: Jun 3
Changed: Jul 31
Last Checked: Jul 31 at 5:47PM
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 Torelli Realty
Investment Insights
Based on property information with market context.
This duplex includes two residential units, with each unit configured with 2 bedrooms and 1 bathroom. The property was built in 1960 and offers a straightforward multifamily layout for an owner or investor evaluating a two-unit residential asset.
Located in Costa Mesa, the property provides access to shopping, dining, freeways, and other destinations throughout the city.
Located in Costa Mesa, the property provides access to shopping, dining, freeways, and other destinations throughout the city.
Key Highlights
- Two‑unit duplex in Costa Mesa
- Each unit includes 2 bedrooms and 1 bathroom
- Built in 1960
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $63.4k | $34.20 |
| − Vacancy | −$2.9k | −$1.54 |
| EGI | $60.5k | $32.66 |
| − OpEx | −$18.2k | −$9.80 |
| NOI | $42.4k | $22.86 |
1,853 SF · lease $34.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$605.2K
$529.6K – $706.1K
NOI $42,365 @ 7.0% cap · market cap 3.04%
Second Best
Apartment 5plus
$561.9K
$491.6K – $655.5K
NOI $39,331 @ 7.0% cap · market cap 2.82%
Theoretical Best
Office A
$627.6K
$549.1K – $732.2K
NOI $43,931 @ 7.0% cap · market cap 3.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,370
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers a two-bedroom, one-bathroom layout with access to shopping, dining, and freeways.
Where is this duplex located?
The property is located at 753 Scott Place Costa Mesa, CA.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Two‑unit duplex in Costa Mesa; Each unit includes 2 bedrooms and 1 bathroom; Built in 1960
