164 Lexington, Costa Mesa, California 92626, Costa Mesa, 92626 - 3 bed, 2 bath
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Costa Mesa, California 92626
This Move-in Ready Townhouse is a Strong Value Opportunity, listed at $799,999—positioned well below the $800,000 Fair Market Value by 0.06%. Featuring a Good Condition Rating with a newly upgraded 100-amp electrical panel, fresh paint, and new flooring, this residence offers immediate stability. Located in the Newport Mesa Unified district, it provides a prime coastal lifestyle near South Coast Plaza. This property is an ideal acquisition for Owner-Occupants seeking a turnkey home or Buy-and-Hold Investors targeting high-demand rental markets.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 164 Lexington Subject | $799,999* List Price | 3 | 2 | 1,256 | $633 | - |
A 117 Yorktown Sold | $820,000 | 3 | 2 | 1,240 | $661 | 0.1 mi |
B 2338 Bunker Hill Sold | $865,000 | 3 | 2 | 1,240 | $698 | 0.1 mi |
C 106 Lexington Sold | $890,000 | 3 | 2 | 1,320 | $674 | 0.1 mi |
D 157 Yorktown Sold | $880,000 | 3 | 2 | 1,120 | $786 | 0.1 mi |
E 2408 Minuteman Way Sold | $880,000 | 4 | 2 | 1,420 | $620 | 0.1 mi |
F 159 Morristown Sold | $850,000 | 2 | 2 | 1,244 | $683 | 0.1 mi |
G 181 Yorktown Lane Active | $924,900 List Price | 4 | 2 | 1,420 | $651 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1964, the property is move-in ready following a recent refresh. It features new flooring, fresh paint, and critical system updates including a newer water heater and a newly upgraded 100-amp electrical panel. The kitchen and bathrooms have been updated with modern tile and shaker-style cabinetry, placing the renovation status within the 5-15 year 'Good' range.
Situated in the heart of Costa Mesa, the property offers exceptional proximity to South Coast Plaza, world-class beaches, and major freeways, making it a highly desirable location for both lifestyle and commuting.
The home features several key updates including a newly upgraded 100-amp electrical panel, fresh interior paint, new flooring, and a newer water heater, providing a move-in-ready experience with reduced immediate maintenance needs.
With three bedrooms and a functional layout in a high-demand Orange County market, this townhouse presents a versatile opportunity for rental income or as an entry-level primary residence with room for further value-add customization.
Built in 1964, the property may have underlying structural or systemic components that require more frequent maintenance compared to newer constructions, despite the recent cosmetic and electrical refreshes.
The monthly association fee of $480 is a significant recurring expense that impacts the overall affordability and debt-to-income ratio for potential buyers.
Welcome to 164 Lexington Lane, a beautifully refreshed three bedrooms, 2 baths townhouse in the heart of Costa Mesa offering comfort, convenience, and incredible potential. This move-in ready residence features fresh interior paint, new flooring, a newer water heater, updated sliding glass door, and a newly upgraded 100-amp electrical panel for peace of mind. Located in a highly desirable area just minutes from world-class beaches, shopping, dining, and major freeways, this home offers the perfect blend of coastal living and everyday convenience. The functional layout provides a bright and inviting atmosphere with abundant natural light and seamless indoor-outdoor flow. Whether you’re looking for a primary residence, vacation home, or investment opportunity, this property checks all the boxes. With strong rental potential and room to add your own modern aesthetic touches, the possibilities are endless. Enjoy living near Costa Mesa’s vibrant dining scene, South Coast Plaza, OC Fairgrounds, and some of Orange County’s best beaches — all within a short drive. A rare opportunity to own in one of Orange County’s most sought-after locations. The buyer is to complete thorough investigations before the close of escrow. Information contained herein is deemed reliable but is not guaranteed.
No exterior & parking available.
Grades PK-6 • 0.3 mi
Grades 7-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,256 | 1,480 |
| Lot Size | 1,400 | 1,550 |
| Price | $800.0K | $984.1K |
| Price per sq ft | $637 | $711 |
| Built year | 1964 | 1979 |
| HOA | $480.0 | $480 |
| Days on market | 0 | 53 |
Jun 19, 2026
$799,999
Initial Listing