* * Now offered at $1,948,000, presenting a compelling opportunity for investors seeking well-located Costa Mesa multifamily. * * 425 Ford Road is a well-located triplex property in Costa Mesa featuring all 2-bedroom / 2-bathroom single-story units, each averaging approximately 1,000 square feet and offering private patio or yard space. The property provides a highly desirable unit mix with spacious floor plans, functional layouts, and strong long-term rental appeal. Situated on a quiet, tree-lined residential street, the asset is just minutes from the shopping, dining, and lifestyle amenities along Harbor Boulevard and East 17th Street, with convenient access to major freeways and employment centers throughout Orange County. The property offers garages and additional off-street parking, further enhancing tenant demand. Investors will appreciate the opportunity for continued rental upside through interior improvements and market rent growth in one of Costa Mesa’s most consistently strong rental submarkets.
Multi-familyProperty Type
1962Year Built
8,159 sq ftLot Size
$603Price/Sq.Ft.
3 garage spacesParking
Listed by Nick Gould•DRE #01521955• Gould Group Inc
Contact: ng@gouldgroupinc.com
Bought with Kevin Kott•DRE #02089647• Kott & Company, Inc.
Multiple-Family Residential District, Medium Density
This district is intended to promote the development of multi-family rental as well as ownership properties on lots with a minimum size of 12,000 sq ft. The maximum density allowed is 3,630 sq ft per dwelling unit, which equals 12 du per gross acre. Legal lots existing as of March 16, 1992 with a Minimum Lot Area of 6,000 sq ft up to 7,260 sq ft are allowed two dwelling units.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Property details
Parking
Parking / Garage Information
Uncovered Spaces: 3
# of Garage Spaces: 3
Assigned
Has Parking
# of Parking Spaces: 6
Interior
Laundry Information
Has Laundry
Community, Area
Fireplace Information
Family Room
Has Fireplace
Heating Information
Central Furnace
Has Heating
Interior Features
Entry Level: 1
Entry Location: 3
Levels: One
Exterior
Exterior Information
Fencing: Wood
Has Fence
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: 2-5 Units/Acre
Property Information
Common Interest: Community Apartment
Total # of Units: 3
Common Walls: 1 common wall
Parcel Number: 41920201
Attached Property
Total # of Stories: 1
Year Built Source: Assessor
Property ADU: No
Financial
Lease / Rental Details
Operating Expense: $35,710
Rent Control
Total Actual Rent: $8,780
Utilities
Utilities Information
Sewer: Public Sewer
Water Source: District/Public
Location
Unit Type 1 Information
Unit Key Numeric: 414181012
Listing Key Numeric: 414180992
Actual Rent: $2,500
Total # of Baths: 2
# of Baths Full: 2
Total # of Beds: 2
# of Garage Spaces: 1
Furnished: Unfurnished
Total Rent: $2,500
Total # of Units: 1
Unit Type 2 Information
Unit Key Numeric: 414181013
Listing Key Numeric: 414180992
Actual Rent: $2,800
Total # of Baths: 2
# of Baths Full: 2
Furnished: Unfurnished
Total # of Beds: 2
# of Garage Spaces: 1
Total Rent: $2,800
Total # of Units: 1
Unit Type 3 Information
Listing Key Numeric: 414180992
Unit Key Numeric: 414181014
Actual Rent: $3,480
Total # of Baths: 2
# of Baths Full: 2
Total # of Beds: 2
# of Garage Spaces: 1
Furnished: Unfurnished
Total Rent: $3,480
Total # of Units: 1
Expenses
Total: $35,710
Maintenance: $5,298
Insurance: $3,200
Water Sewer: $3,060
New Taxes: $23,394
Gardener: $750
Multi-Unit Information
# of Units With Range: 3
Net Operating Income: $67,071
Average 3 Bed Area Units: Sq. Ft.
Average 2 Bed Area Units: Sq. Ft.
Average 1 Bed Area Units: Sq. Ft.
Sq. Ft.
Total Building Area: 3,114
Gross Scheduled Income: $105,960
Gross Operating Income: $102,781
Gross Multiplier: 18.38
Gross Income: $105,960
Maintenance Percent: 6
# Of Leased Units: 3
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 3
# Of Separate Electric Meters: 3
# Of Buildings: 1
Operating Expense Percent: $34.20
Vacancy Allowance Rate: 3
# of Wall AC: 2
Vacancy Allowance: 3179
Neighborhood Information
Community Features: Gutters, Curbs, Biking, Street Lighting, Storm Drains
Location Information
Latitude: 33.64612300
Longitude: -117.91708700
Other Subdivision Name: Ford Rd.
Directions: Located off Harbor Blvd, in between 19th Street and West Bay Street.
Road Frontage Type: Access via City Streets
Road Surface Type: Paved, Alley Paved
Subdivision Name: Other (OTHR)
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 8,159 square feet
Style: Other
Year Built: —
Year Renovated: —
County: Orange County
APN: 41920201
Home facts updated by county records on Jul 22, 2026
Other
Listing Information
IDX Contact Info: ng@gouldgroupinc.com
Days Active in MLS: 124
Continuous Days Active in MLS: 124
Listing Agent Information
List Agent First Name: Nick
List Agent Last Name: Gould
Listing Office Information
List Office Name: Gould Group Inc
Selling Agent Information
Buyer Agent First Name: Kevin
Buyer Agent Last Name: Kott
Selling Office Information
Buyer Office Name: Kott & Company, Inc.
Around this home
Schools
College Park Elementary School
Public K-6 • Assigned • 1.1mi
6/10
Costa Mesa High School
Public 7-12 • Assigned • 1.8mi
5/10
Provided by GreatSchools
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