
Costa Mesa, California 92626
Analysis of 2937 Mendoza, Costa Mesa, California 92626 is currently available with a list price of $3,150,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Costa Mesa Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
Although built in 1964, the property has undergone a comprehensive recent renovation (likely <5 years) featuring modern kitchens with stainless steel appliances, shaker cabinets, and quartz countertops. Major systems have been fully updated, including re-piping, re-wiring, and new AC units for each unit, meeting the criteria for mint condition with no immediate maintenance needed.
The property has been significantly modernized with new piping, wiring, and individual AC units for each unit, minimizing immediate capital expenditure for investors.
All four units feature a highly desirable 2-bedroom, 2.5-bathroom layout, providing a competitive advantage in the rental market compared to standard 2-bedroom units with fewer bathrooms.
Situated in a high-demand Costa Mesa pocket near South Coast Plaza, Fashion Island, and local beaches, the property offers excellent long-term appreciation and low vacancy potential.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9148, other record lot size in square feet = 9045.
The property was recently sold within the past year on 2026-06-01. The sold price is $2,260,000.00.
Originally constructed in 1964, the property may require more frequent long-term maintenance of structural and common area elements compared to newer multi-family developments.
Investors dream multi family close to beach south coast plaza and fashion island Upgraded, Re-piped and Re -wired. Roof in good condition, new Ac unit for each unit ,termite clearance, all four units two bedrooms &two and half bath,
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.1 |
| Baths | 0.0 | 3.3 |
| Square foot | 4,701 | 2,378.222 |
| Lot Size | 9,148 | 7,156.444 |
| Price | $3.15M | $2.04M |
| Price per sq ft | $670 | $780 |
| Built year | 1964 | 1962 |
| HOA | $0 | $0 |
| Days on market | 20 | 65 |
Aug 20, 2026
$3,150,000
Initial Listing
Jun 1, 2026
$2,260,000
Public Record