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Sold on 08/27/2026
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408 Ford Rd, Costa Mesa, CA 92627

$1,760,000

Last sold 08/27/2026 after 87 Days

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    bed

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    bath

Multi-family not for sale
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About 408 Ford Rd

Property type Multi-family
Neighborhood
Year built 1961
HOA fee $0/month
Lot size 8,155 Sqft
Movoto estimate
Parking 2 garage spaces
Rental estimate
Property description
Pleased to present 408 Ford Road, a well-maintained single-story triplex located in Costa Mesa. This property is walking distance to The Triangle and all retail, shopping, and entertainment along Newport Boulevard and 19th Street. Much of the area has been redeveloped and tenant demand remains very strong due to the location and surrounding communities. The property itself consists of (1) two-bedroom/two-bath unit with an inviting, large front patio and (2) additional two-bedroom/two-bath units. Each unit features an outdoor space and storage area. There is also ample parking which includes a double car garage and 2 covered carport spaces plus street-parking. The new investor can quickly realize a strong return on investment through modernization of the property and increased rent levels.
Listed by
Listing Agent - Rick Applebaum
Listing Agent Contact: Rma@morganskenderian.com
Listing Office - Morgan Skenderian
Source: CRMLS mls logo
MLS#PW26118632 • last updated 1 month ago
Movoto checked CRMLS for data 7 minutes ago
Overview
Levels/Style One
Type Residential Income
SubType Apartment
Status Closed
Lot Size (Acres) 0.1872
Lot Size (SqFt) 8155
Year Built 1961
Interior
Laundry Community
Appliances Dishwasher
Exterior
Building Area Square Feet, 3802
# Uncovered Spaces 1
# Carport Spaces 2
# Parking Spaces 5
# Garage Spaces 2
Lot Description Lot 6500-9999
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Orange
Community Features Gutters, Curbs, Biking, Dog Park, Sidewalks, Park
Subdivision Other, Other (OTHR)
Directions West Of The 55 Freeway And North Of 19th Street
APN 41920102
Multifamily Details
Vacancy Allowance Rate 3
Vacancy Allowance 3312
Expense: Trash 663
Operating Expense 32961
Cap Rate 3.91
Expense: Insurance 3802
Total Expenses 32961
Expense: Maintenance 3213
Expense: Water/ Sewer 663
Gross Income 110400
Gross Operating Income 107088
Expense: Electric 663
Gross Multiplier 17.16
Gross Scheduled Income 110400
Expense: Fuel 663
Expense: Gardener 600
$1.88M
Range: $1.65M-$2.1M
Last 30 days 
Rental est.: $1,849/month
Gross rent multiplier: 79.3
  • Aug 2026
    mls logo MLS # PW26118632
  • Aug 28, 2026 Sold
    $1,760,000 (-7.1%)
  • Aug 25, 2026 Pending
    —
  • Jun 1, 2026 Listed
    $1,895,000 (+9.9%)
  • Oct 2024
    mls logo MLS # PW24188889
  • Oct 14, 2024 Listed
    —
  • Oct 2, 2024 Active
    —
  • Sep 11, 2024 Listed
    $1,725,000 (-3.1%)
  • Feb 2024
    mls logo MLS # PW23132369
  • Feb 6, 2024 Listed
    —
  • Jan 31, 2024 Active
    —
  • Jan 15, 2024 Price Change
    $1,780,000 (-3.3%)
  • Oct 16, 2023 Price Change
    $1,840,000 (-7.8%)
  • Sep 12, 2023 Price Change
    $1,995,000 (-4.8%)
  • Jul 18, 2023 Listed
    $2,095,000 (+23.6%)
  • Aug 2021
    Public Records
  • Aug 26, 2021 Sold
    $1,695,000
  • Aug 2021
    mls logo MLS # NP21132033
  • Aug 26, 2021 Sold
    $1,695,000
  • Aug 16, 2021 Active
    —
  • Jun 24, 2021 Listed
    $1,695,000 (+21.2%)
  • Dec 2020
    mls logo MLS # IV20232794
  • Dec 10, 2020 Pending
    —
  • Nov 4, 2020 Listed
    $1,399,000
  • Year Property taxes Tax assessment
  • 2024
    $20,517 +3.2%
    $1,728,900 +2.0%
  • 2023
    $19,887 +0.9%
    $1,695,000
  • 2022
    $19,711 +192.4%
    $1,695,000
  • 2021
    $6,742 +1.6%
    $1,695,000 +256.35%
  • 2020
    $6,635 +2.4%
    $475,662 +2.0%
  • 2019
    $6,482 +3.7%
    $466,336 +2.0%
  • 2017
    $6,254 +1.9%
    $457,193 +4.04%
  • 2016
    $6,135 +0.9%
    $439,441
  • 2015
    $6,078
    —
  • 408 Ford Rd
    $1.76M
  • Central Costa Mesa
    $862K +7% y/y
  • 92627
    $1.24M -10% y/y
  • Costa Mesa
    $1.34M -9% y/y
No chart available
Statistics calculated by Movoto

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6/10
Costa Mesa High School
public Grades 7-12
Newport-Mesa Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 10/1/2026. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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