753 Scott Place, Costa Mesa, California 92627, Costa Mesa, 92627 - 0 bed, 0 bath
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Costa Mesa, California 92627
This duplex presents a High-Potential Investment Opportunity with a List Price of $1,499,000—positioned slightly above the $1,488,726 Fair Market Value. While the property requires modernization, its Condition Rating of 4 indicates a functional Dual-Income Asset ready for value-add renovations. The 1,853 sqft layout offers significant potential for rental yield optimization in a central Costa Mesa location. With proximity to Victoria Elementary and Newport Harbor High, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through house-hacking.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 753 Scott Place Subject | $1,499,000* List Price | 0 | 0 | 1,853 | $803 | - |
A 622 622 Center Street Sold | $1,370,000 | 0 | 0 | 1,868 | $733 | 0.3 mi |
B 2245 2245 State Sold | $1,200,000 | 0 | 0 | 1,750 | $686 | 0.9 mi |
C 182 Costa Mesa Street Sold | $1,700,000 | 0 | 0 | 1,738 | $978 | 1.0 mi |
D 2171 Pomona Pending | $1,349,000 List Price | 4 | 2 | 1,680 | $803 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1960 (64 years old) and the listing lacks mention of recent renovations to kitchens, bathrooms, or major systems like HVAC. The description's mention of 'real potential' and 'personal touches' indicates the units are dated and likely require cosmetic updates and minor repairs, though they remain functional for rental income.
Elementary School: Hyer Elementary School (10/10). High School: Highland Park High School (9/10).
As a duplex with two 2-bedroom units, this property offers excellent versatility for investors seeking consistent cash flow or owner-occupants looking to offset their mortgage via house-hacking.
Situated in the heart of Costa Mesa, the property boasts high walkability and easy access to premier shopping, dining, and major freeways, ensuring long-term tenant desirability.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4792, other record lot size in square feet = 5951.
Built in 1960, the property likely requires modernization of major systems and interior finishes to compete with newer or fully renovated units in the area.
The 4,792 square foot lot is relatively compact for a multi-family dwelling, which may limit outdoor private space for tenants and restrict future expansion possibilities.
This is a great opportunity to own a duplex in Costa Mesa. This duplex features 2 bedrooms and 1 bathroom in each unit, ideal for an investor looking to build their portfolio or a buyer looking to offset their mortgage with rental income. Centrally located with easy access to shopping, dining, freeways, and everything Costa Mesa has to offer. With some personal touches, this property has real potential.
No exterior & parking available.
Grades PK-6 • 0.6 mi
Grades PK-6 • 0.7 mi
Grades PK-6 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,853 | 2,076.5 | 39% |
| Lot Size | 4,792 | 7,279 | 6% |
| Price | $1.50M | $2.00M | 22% |
| Price per sq ft | $809 | $894 | 44% |
| Built year | 1960 | 1961 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 165 | 6% |
Jun 3, 2026
$1,499,000
Initial Listing