Get the App

291 293 Avocado Street, Costa Mesa, CA 92627

Property

291 293 Avocado Street, Costa Mesa, CA 92627 Sold September 2026 CRMLS
$9,440,000Sold September 2026

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

37,026 sqft
Lot Size
1965
Year Built
Property
Type
2
Stories
9
Garage

How this sale compares

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.

$867
92627 median per sq ft (12 mo)
$1,467,500
92627 median sold price (12 mo)
184
Closed sales in 92627 (12 mo)
116
Days on market
−1.6%
Sold vs. list price
QuarterClosed sales in 92627Median sold price
Q1 202614$1,431,950
Q2 202692$1,425,000
Q3 202678$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

About this property

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.

Sale history

$9,440,000
Sold September 2026 · listed $9,595,000, on market April 2026, 116 days on market · MLS #OC26091598 · Source: CRMLS
Listing Agent: Tyler Leeson · Listing Office: Marcus & Millichap RE Invest · Contact: tleeson@marcusmillichap.com · Bought with: Ed Farnaghi · Coldwell Banker Realty

Recent sales near 291 293 Avocado Street

MLS-reported closed sales in 92627, nearest first (last 12 months). All recent sales in Costa Mesa →

Questions about 291 293 Avocado Street

When did 291 293 Avocado Street last sell?

291 293 Avocado Street last sold in September 2026 for $9,440,000, according to CRMLS-reported closed sales.

What did 291 293 Avocado Street sell for?

$9,440,000, 1.6% below the $9,595,000 list price, after 116 days on the market.

How does that compare to other Costa Mesa sales?

184 homes closed in ZIP 92627 over the last 12 months at a median of $1,467,500 ($867 per square foot).

Is 291 293 Avocado Street for sale now?

291 293 Avocado Street is not currently listed on the MLS. Browse current homes for sale in Costa Mesa on Nalren.

See homes for sale in Costa Mesa Open the Nalren App

Explore Costa Mesa