20 days on rocket

383 W Wilson St, Costa Mesa, CA, 92627

$4,620,000

0 Baths
Condo
Schools Nearby

Location

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Property Highlights

Home TypeCondominium
Garage13 spaces
Year Built1965
MLS #OC24096600
Lot Size0.43 Acres
StatusActive

About 383 W Wilson St

383 West Wilson Street is a 12-unit multifamily investment property located in Costa Mesa, California. The property offers a mix of 10, one-bedroom units and 2, two-bedroom units. All units have undergone substantial renovations that include fresh paint, vinyl and carpet flooring, quartz countertops, appliances, bathrooms, and more. Amenities at 383 West Wilson Street include ample garage and surface parking, and an on-site laundry facility. Residents benefit from 383 West Wilson Street’s excellent Costa Mesa location, within walking distance of a plethora of major retail centers. Located just steps away from the property are Gray Plaza, anchored by At Home, and Harbor Center, anchored by Home Depot and the newly opened Mercado Gonzalez Northgate Market. Additionally, the property is situated less than one-mile from Orange Coast College (OCC) and the O.C. Fairgrounds, two major housing and economic drivers for the area. Furthermore, the property’s location, between Harbor Boulevard and State Route 55, provides residents with easy access to Costa Mesa hotspots including Triangle Square, 17th Street, and South Coast Plaza. The property benefits from its close proximity to State Routes 55 and 73, convenient access to major employment hubs including the South Coast Metro, Irvine Business District, and Newport Center. The Costa Mesa submarket is among the strongest performing areas in metro Orange County, with an average occupancy of 96.5 percent (Q4 2023) and average year-over-year effective rent growth of 8.9 percent (between 2021 to 2023), demonstrating the strong demand for rental housing. Costa Mesa’s coastal location, strong economic growth, and unmatched local attractions have made it one of Southern California’s most desirable and versatile markets. Given its Coastal Orange County location, the property offers an investor the ability to capture quality tenants seeking a convenient location with access to a wide variety of area amenities. This overall demand for well-located apartments will be a key driver in the continued growth at 383 West Wilson Street.

Property Details

Property Features

Property Information:

  • Year Built: 1965
  • Stories: 2

Listing Office:

  • Office Name: Marcus & Millichap RE Invest
  • Office Phone: (714) 713-9086
  • Listing Agent: Tyler Leeson

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 13 spaces

Lot Features

Lot Information:

  • Lot Size: 0.43 Acres

School Info

Assigned Schools Information:

  • Costa Mesa High School, Public District Grades 7-12
  • College Park Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: Cross Streets of West Wilson Street & Harbor Boulevard

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,620,000

Tax Information:

  • Annual Amount: $31,128
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Costa Mesa, CA.

Med. Sold Price

$1.3M

Med. Price/SqFt

$752

Avg. Days On Market

14

# of Sold Homes

54

383 W Wilson St vs Costa Mesa

20 DAYS ON ROCKET

+6 Days

$4,620,000

+$3.3M More

KEY TAKEAWAY

This property is $3.3M more than the Median Sold Price in Costa Mesa, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #OC24096600

Listing Office:

  • Office Name: Marcus & Millichap RE Invest
  • Office Phone: (714) 713-9086
  • Listing Agent: Tyler Leeson

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/2/2024, 10:20:43 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 09, 2021Home Sold
$1,500,000
Jan 07, 2021Home Sold
$4,125,000
Jun 13, 2013Home Sold
$2,300,000

Tax History

YEARPROP. TAXASSESSMENT
2021$31,128$2,616,590
2020$30,830$2,589,761
2019$29,687$2,538,982
2018$29,687$2,489,199
2017$29,184$2,440,392

History based on county public records data.

Payment Calculator

$23.1K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$13.9K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-7748877
4
/10
  • College Park Elementary School

  • 2380 Notre Dame Rd

  • 0.46 miles

  • Public District Grades KG-6

High School

school-card-donut-7748878
6
/10
  • Costa Mesa High School

  • 2650 Fairview Rd

  • 1.12 miles

  • Public District Grades 7-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $57,939. Residents of Costa Mesa, CA typically earn between $35k-100k each year. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 383 W Wilson St

What is the listing price of this property?

The listing price of 383 W Wilson St property is $4,620,000.

What type of property is this?

The property 383 W Wilson St is a condo located in Costa Mesa, California, 92627.

Is this property for sale now?

Active Listing: 383 W Wilson St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 383 W Wilson St are:
College Park Elementary School: GreatSchools Rating 4/10
Costa Mesa High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $31,128 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 9, 2021 for $1,500,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 383 W Wilson St is 1965.
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Rocket HomesCaliforniaOrange CountyCosta Mesa92627383 W Wilson St

This home is located at 383 W Wilson St in Costa Mesa, CA and zip code 92627 in the College Park neighborhood. This home, which was built in 1965, sits on a 0.43 acre lot. It has been listed on Rocket Homes since May 14, 2024 and is currently priced at $4,620,000.

While more than 27 listings in Costa Mesa, CA in May 2024 were sold above asking price, there were more than 11 listings sold at asking price, and more than 16 were sold below. The number of listings in Costa Mesa, CA increased by 3.9% between April 2024 and May 2024. The median list price of listings available in May 2024 was $1,315,000, while the average time on the real estate market was 14 days.

From Rocket Homes Real Estate and based on county public records data.

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