NOT LISTED FOR SALE
8 Beds
8 Baths
4,701 Sq Ft
6,970 Sq Ft Lot

Sale Details

Date Sold: December 11, 2024

Last sale price $2,037,500 $433 Per Sq Ft

20 Days on Market

About This Home

As of December 2024

HUGE COSTA MESA 4PLEX JUST OVER 4,700 SQUARE FEET - 1,175 SQFT PER UNIT! (4) 2 BEDROOM + 1.5 BATH TOWNHOME STYLE UNITS WITH PRIVATE PATIOS, PERSONAL GARDENS, AND NO TENANTS LIVING ABOVE OR BELOW EACH OTHER. THE ENTIRE BUILDING WAS RECENTLY REPIPED, NEW WINDOWS AND SLIDING GLASS DOORS. 4 GARAGES PLUS 3 ADDITIONAL SPACES FOR PARKING, SELLER OWNS THE WASHER AND DRYER, PROVIDING ADDITIONAL INCOME. RENTS ARE 23% BELOW MARKET VALUE, PRIMED FOR A SEASONED INVESTOR TO COME IN AND CAPTURE THIS BUILDING'S UPSIDE. GREAT COSTA MESA LOCATION NEAR SOUTH COAST PLAZA, METRO POINT, OC FAIRGROUNDS, ORANGE COAST COLLEGE, AND EASY FREEWAY ACCESS TO THE 405, 73, AND 55 FREEWAY. HIGH RENTAL DEMAND YEAR ROUND!

Last Agent to Sell the Property

Joseph Lengyel-Leahu

Skyline Commercial Real Estate Brokerage Phone: 714-552-6094 License #02119569 Listed on: 10/24/2024

Last Buyer's Agent

Ramsey Oliveras

Estate Properties License #01200976

Estate Properties
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 6,970 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls

Parking

  • 4 Car Garage

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 4,701 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 26
  • Tax Tract Number 3922
  • Assessor Parcel Number 14166230
  • $1,594 per year additional tax assessments

Community Details

Overview

  • 4 Units
  • Costa Mesa Residential Income Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $42,000
  • Gross Income $113,712
  • Net Operating Income $70,512

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

6,970 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Costa Mesa Residential Income (CMRI)
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 14166230
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 433.42

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Multi Family

  • Gross Income: 113712.00
  • Gross Scheduled Income: 112512.00
  • Lot Size Area: 6970.0000 Square Feet
  • Net Operating Income: 70512.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 42000.00
  • Rent Control: No
  • Total Actual Rent: 9276.00
  • Total Expenses: 42000.00

Tax Info

  • Tax Census Tract: 639.04
  • Tax Lot: 26
  • Tax Tract Number: 3922
  • TaxOtherAnnualAssessmentAmount: 1594.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2025
Sold by
Bought by

Purchase Details

Listed on
Oct 24, 2024
Closed on
Dec 2, 2024
Sold by
Bought by
Seller's Agent
Joseph Lengyel-Leahu
Skyline Commercial Real Estate
Buyer's Agent
Ramsey Oliveras
Estate Properties
List Price
$2,150,000
Sold Price
$2,037,500
Premium/Discount to List
-$112,500
-5.23%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,075
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 24, 2024
Closed on
Oct 29, 2024
Sold by
Bought by
Seller's Agent
Joseph Lengyel-Leahu
Skyline Commercial Real Estate
Buyer's Agent
Ramsey Oliveras
Estate Properties
List Price
$2,150,000
Sold Price
$2,037,500
Premium/Discount to List
-$112,500
-5.23%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,075
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 22, 2021
Closed on
Sep 28, 2021
Sold by
Bought by
Seller's Agent
Gregg Horvath
R.L.M. Equities
List Price
$1,795,000
Sold Price
$1,800,000
Premium/Discount to List
$5,000
0.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.09%
Original Mortgage
$900,000
Interest Rate
2.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 25, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2009
Sold by
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- Stewart Title
$2,036,500 Stewart Title
$1,800,000 First Amer Ttl Co Res Div
-- Lawyers Title Company
-- Accommodation
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,120,075
Previous Owner $900,000
Previous Owner $390,000
Previous Owner $399,800
Previous Owner $400,000
Previous Owner $250,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2024 12/11/24 Sold $2,037,500 -5.2% $433 / Sq Ft
10/24/2024 10/24/24 For Sale $2,150,000 +19.4% $457 / Sq Ft
11/08/2021 11/08/21 Sold $1,800,000 +0.3% $383 / Sq Ft View Prior Sale
09/23/2021 09/23/21 Pending -- -- --
09/22/2021 09/22/21 For Sale $1,795,000 -- $382 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $23,115 $2,077,230 $1,887,549 $189,681
2025 $21,396 $2,036,500 $1,850,538 $185,962
2024 $21,396 $1,872,720 $1,664,640 $208,080
2023 $20,841 $1,836,000 $1,632,000 $204,000
2022 $20,320 $1,800,000 $1,600,000 $200,000
2021 $3,192 $188,374 $55,481 $132,893
2020 $3,162 $186,443 $54,912 $131,531
2019 $3,121 $182,788 $53,836 $128,952
2018 $3,070 $179,204 $52,780 $126,424
2017 $3,024 $175,691 $51,745 $123,946
2016 $2,967 $172,247 $50,731 $121,516
2015 $2,930 $169,660 $49,969 $119,691
2014 $2,865 $166,337 $48,990 $117,347
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP24220536

California Regional Multiple Listing Service (CRMLS)

APN: 141-662-30

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