Property
Listing Agent: Tyler Leeson (DRE #01451551) · Listing Office: Marcus & Millichap RE Invest · Contact: tleeson@marcusmillichap.com · Bought with: Ed Farnaghi · Coldwell Banker Realty · MLS #OC26091598 · Source: CRMLS
291 293 Avocado Street sold for $9,440,000 in September 2026, 1.6% under its $9,595,000 list price, after 116 days on the market. Across 184 closed sales in 92627 over the last 12 months, the median sold price is $1,467,500 and the median is $867 per square foot.
| Quarter | Closed sales in 92627 | Median sold price |
|---|---|---|
| Q1 2026 | 14 | $1,431,950 |
| Q2 2026 | 92 | $1,425,000 |
| Q3 2026 | 78 | $1,531,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Costa Mesa · Homes for sale in 92627
291 - 293 Avocado Street is a 24-unit multifamily property in Costa Mesa, California. The asset consists of two 12-unit buildings situated on contiguous parcels and arranged around a shared central courtyard. Built in 1965, the gated property offers approximately 18,012 rentable square feet and features a unit mix of 20 one-bed/one-bath units and 4 two-bed/one-bath units. The property provides 45 parking spaces (approximately 1.9 per unit), including a mix of surface, carport, and garage parking, along with an on-site laundry room. Ownership has completed several capital improvements, including a roof replacement, copper plumbing, and upgraded electrical subpanels. The property has also completed its SB-721 inspection with no required corrective work. 19 of the 24 units have been renovated, and rents are currently near market, supporting stable in-place income. The installation of in-unit washer/dryer hookups presents a potential enhancement, as this feature remains relatively uncommon among comparable properties yet is highly desirable to renters. The property also includes underutilized common area space that could be repositioned into amenities or, subject to city approval, may offer ADU potential. The property is located in a desirable Westside Costa Mesa setting with convenient access to nearby retail, dining, and major transportation corridors.
Listing description from the September 2026 sale, as reported to CRMLS.
MLS-reported closed sales in 92627, nearest first (last 12 months). All recent sales in Costa Mesa →
291 293 Avocado Street last sold in September 2026 for $9,440,000, according to CRMLS-reported closed sales.
$9,440,000, 1.6% below the $9,595,000 list price, after 116 days on the market.
184 homes closed in ZIP 92627 over the last 12 months at a median of $1,467,500 ($867 per square foot).
291 293 Avocado Street is not currently listed on the MLS. Browse current homes for sale in Costa Mesa on Nalren.