Costa Mesa, CA 92627 207 Knox Street

207 Knox Street Costa Mesa, CA - Image 1207 Knox Street Costa Mesa, CA - Image 2207 Knox Street Costa Mesa, CA - Image 3
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Presented By: Christian Tait with Marcus & Millichap RE Invest; christian.tait@marcusmillichap.com
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# OC25081913
  • 04/14/2025
  • Request Tour
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 14
  • Full/Half Baths • 4 / 2
  • SQFT • 8,169
  • Garage • 6

Home Details

207 Knox Street is a generational asset located in Costa Mesa, CA, just over one mile from the shoreline of Newport Beach. Featuring a unique condo-style construction, 207 Knox Street offers a highly desirable mix of two and three-bedroom townhome units, averaging over 1,600 square feet. The property recently underwent renovations that were completed in 2022, with unit interiors featuring wood-style plank flooring, quartz countertops, in-unit washers and dryers, stainless steel appliances, custom cabinetry, & more. Additionally, residents enjoy a plethora of amenities at 207 Knox Street including private patios or balconies, ample garage and surface parking, central heating, skylights, and fireplaces. Furthermore, the property offers investors unique upside opportunities through the potential addition of an accessory dwelling unit (ADU), utilizing extra patio space in Unit #C, as well as the ability to potentially condo map the property for individual sale. Situated at the crossroads of Costa Mesa and Newport Beach, the property benefits from it’s idyllic location just blocks away from the abundance of restaurants, grocers, and retailers along 17th Street. Residents enjoy 207 Knox Street’s close proximity to all levels of schooling as well as being within the Newport-Mesa Unified School District, which is ranked within the top 13% of best school districts in California. Additionally, the property is within half-a-mile of Hoag Hospital, the premier employer within Newport Beach with over 5,000 staff and medical professionals per the city’s 2024 Annual Comprehensive Financial Report. Furthermore, 207 Knox Street is just over 0.75 miles from the entrance to the Balboa Peninsula, providing residents with easy access to a plethora of area amenities including, beaches, restaurants, bars, and Lido Marina Village. The property’s ideal Newport Heights, Costa Mesa location surrounded by a myriad of area amenities as well as its extensive renovations are a primary draw for potential renters. This overall demand for well-located rental units will be a key driver in the continued growth and success at 207 Knox Street.
Presented By: Christian Tait with Marcus & Millichap RE Invest; christian.tait@marcusmillichap.com

Interior Features for 207 Knox Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesLivingRoom
Fireplace Y/NYes
FlooringLaminate, Vinyl
Heating Y/NYes
Interior AmenitiesBalcony, HighCeilings, OpenFloorplan, QuartzCounters, RecessedLighting, AllBedroomsUp, WalkInClosets
Laundry FeaturesLaundryCloset
Total Stories2

Other Rooms

Entry Level1

General for 207 Knox Street

AccessibilityNone
Additional Parcels Y/NNo
AppliancesSixBurnerStove, Dishwasher, GasOven, WaterHeater
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate3.39
Carport Y/NNo
CityCosta Mesa
Community FeaturesCurbs, Gutters, Sidewalks
CoolingNone
CountyOrange
DirectionsCross Streets of Knox Street and Orange Avenue
Electric Expense1965.0
Electric On Property Y/NNo
Entry Location1
Fuel Expense1965.0
Garage Spaces6.0
Garage Y/NYes
Gross Income299400.0
HOANo
HOA Fee$0.0
HeatingCentral, Fireplaces
Home Warranty Y/NNo
Insurance Expense6350.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashToNewLoan, Conventional, Exchange1031
Lot Size Square Feet13503.6
Lot Size UnitsAcres
MLS AreaC5 - East Costa Mesa
MaintenanceExpense4250.0
MobileHomeRemainsYNNo
Net Operating Income202793.0
New ConstructionNo
Number Of Units Total5
Open Parking Spaces6.0
Operating Expense87625.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Subdivision NameOther
Tax Lot23
Taxes$62,975
Trash Expense1965.0
Water Sewer Expense1965.0
Year Built1978
Year Built SourceAssessor
ZoningR2

Exterior for 207 Knox Street

Building Area Total8169.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesStreetLevel
Lot Size Acres0.31
Lot Size Area0.31
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesDoorSingle, Garage
Private PoolNo
SpaNo
Total Parking12.0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $5,985,000
MLS#OC25081913
List Date 04/14/2025
Property Type Multi-Family
Phone 714.742.6515
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