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218 East 16th East, Costa Mesa, CA 92627

$1.90M4bd · 2ba · 1,800 sqft
Lot 6,970 sqft•Duplex•
Active
•41d on market•MLS# OC-26205781

Property Description

RARE DUPLEX OPPORTUNITY IN EAST COSTA MESA! First time on the market in over 60 years. This exceptional property consists of two separate units measuring 900 sq. ft each. The rear unit boasts its own large private backyard. Situated directly across the street to Heller Park, the location is unbeatable, positioned just blocks from the vibrant dining and retail scene along 17th Street and only six minutes to Newport Beach’s Balboa Peninsula. With the back unit vacant and ready to be rented and the unit in front already rented, providing immediate, stable income, this rare property is a prime candidate for future multi-unit redevelopment on this lot. Located with the prestigious Newport Mesa Unified School District and close the renowned back bay loop for outdoor enthusiasts, this property epitomizes the best of Costa Mesa living. Don’t miss the opportunity to make this duplex your next investment. Call today to schedule a tour.

Features & Amenities

FeeBuilt 1978

Property Details

Land Type
Fee
Year Built
1978
Property Type
Residential
Property Subtype
Duplex
Parking Spaces
2
Garage Spaces
2
Heating
Wall Furnace
Cooling
None
View
Park/Greenbelt
Flooring
Carpet, Laminate
City
Costa Mesa
Zip Code
92627
County
Orange
Listed byHomeSmart, Evergreen Realty, Tricia Poissonnier

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$9,605.16
Principal & Interest
Loan Amount
$1,519,640
Total Interest
$1,938,217
Total Payment Over 30 Years
$3,457,857
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 0 active · 5 closed

218 East 16th East, Costa Mesa, CA 92627

Costa Mesa · Duplex

$1.90M
Luxury Tier
Beds
4
Baths
2
Sqft
1,800
Lot
6,970 sqft
Year
1978
$/Sqft
$1055
Pool: No✓
Spa: No✓
View: Park/Greenbelt✓
Garage: 2-car✓

Listed in line with the median closed sale of $1,875,000. Price per sqft ($1,055) is a 12% discount to closed comps ($1,203). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $1.90M· $1,055/sqft
Total list price
Closed comps
vs closed median $1.88M
+$25K (+1.3%)
Active compsinsufficient comp data
Price per sqft
Closed compsinsufficient comp data
Active compsinsufficient comp data

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
226 KnoxCosta Mesa195010/20/2026421,6276,255$2.00M$1.88M$1,1520.946190
220 KnoxCosta Mesa195010/20/2026421,6276,259$2.00M$1.88M$1,1520.946190
273 Virginia PlaceCosta Mesa195911/13/2025532,1517,577$2.10M$2.10M$9761.005772
2195 American AvenueCosta Mesa196212/04/2025432,19110,890$1.67M$1.67M$7621.00060
304 33rd StreetNewport Beach194504/23/2026331,1002,375$2.20M$2.17M$1,9730.9916557
Total: 5 · Average4.02.61,739.26,671.2$1.94M$1.94M$1,203—68.8
Median1,627$1.88M$1.88M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.