NOT LISTED FOR SALE

101 Clearbrook Ln Costa Mesa, CA 92626

4 Beds
3 Baths
2,528 Sq Ft
8,712 Sq Ft Lot

Last Sold November 21, 2022

Last sale price $1,575,000 $623 Per Sq Ft

85 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Granite Countertops
  • Courtyard Views
  • Costa Mesa High School Rated A-
  • No HOA
  • 2-minute walk to Neth Park

About This Home

As of November 2022

This is a Rare Find! Gorgeous Triplex in an amazing Location! It will not last on the market for long. This property consists of 3 attached homes: one 2-bedroom unit and two 1-bedroom units. The owner has maintained the property and it is in excellent condition. All have units have been upgraded throughout, but each has kept it’s own character & charm. Some of the many upgrades include kitchen remodels, upgraded bathrooms, upgraded flooring, professionally painted interior & exterior, newer sewer line, upgraded garage doors, some newer vinyl windows & some newer appliances throughout. The owners have taken pride in keeping everything maintained wonderfully—even the beautiful landscaping which includes mature trees, and a park-like front yard setting for each home. No wonder each tenant has asked for their leases to be renewed. All homes have large living rooms and larger bedrooms with most having walk-in closets. Unit A has a lovely white brick fireplace and a two-car garage with easy access to their patio gate. Unite B & C have a one car garage. All have enclosed patios to enjoy. To top it all off this Location is amazing! Close to Orange Coast College, OC Fairgrounds, Beaches, Triangle Square restaurants & entertainment, Costa Mesa City Hall, South Coast Plaza, UCI and much more. Quick access to the 405, 55 & 73 freeways makes life easy. Please do not disturb tenants. Thank you

Last Agent to Sell the Property

Myrna Clark

Regency Real Estate Brokers License #01440189 Listed on: 08/04/2022

Regency Real Estate Brokers

Last Buyer's Agent

Julian Tooma

Breeze Real Estate License #01897822

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • 8,712 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence
  • Front Yard

Parking

  • 1 Car Garage
  • Parking Available

Home Design

  • Bungalow
  • Property Attached

Interior Spaces

  • 2,528 Sq Ft Home
  • 1-Story Property
  • Sliding Doors
  • Living Room with Fireplace
  • Vinyl Flooring
  • Courtyard Views

Kitchen

  • Electric Cooktop
  • Microwave
  • Granite Countertops
  • Quartz Countertops
  • Disposal
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 3 Bathrooms
  • Fireplace in Bathroom

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Standard Electricity
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for all utilities, electricity
  • Tax Lot 18
  • Tax Tract Number 5617
  • Assessor Parcel Number 41914123
  • $1,684 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • Gardener Expense $1,440
  • Insurance Expense $3,841
  • Water Sewer Expense $850
  • Operating Expense $6,131
  • Gross Income $62,700
  • Net Operating Income $56,550

Property Details

Home Type

Multi-Family

Year Built

Built in 1964 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Las Casitas
  • View: Yes
  • Water Sewer Expenses: 850.00
  • Architectural Style: Bungalow
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Gardener Expense: 1440.00
  • Parcel Number: 41914123
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Granite Counters, Quartz Counters
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Fireplace Features: Bath, Kitchen, Living Room, Master Bedroom
  • Levels: One
  • Price Per Square Foot: 623.02
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Walk-In Closet

Exterior Features

  • View: Courtyard
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Paved
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Electric Range, Electric Cooktop, Disposal, Microwave
  • Electric: Standard
  • Heating Type: Forced Air, Wall Furnace
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Rental Info

  • Tenant Pays: All Utilities, Electricity, Other

Multi Family

  • Gross Income: 62700.00
  • Gross Scheduled Income: 62700.00
  • Insurance Expense: 3841.00
  • Lot Size Area: 8712.0000 Square Feet
  • Net Operating Income: 56550.00
  • Number Of Separate Electric Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Disposal: 3
  • Number With Patio: 1
  • Operating Expense: 6150.00
  • Rent Control: No
  • Total Actual Rent: 5225.00
  • Total Expenses: 6131.00

Tax Info

  • Tax Census Tract: 639.06
  • Tax Lot: 18
  • Tax Tract Number: 5617
  • TaxOtherAnnualAssessmentAmount: 1684.00

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2022 11/21/22 Sold $1,575,000 -10.0% $623 / Sq Ft
10/28/2022 10/28/22 Pending -- -- --
08/04/2022 08/04/22 For Sale $1,750,000 -- $692 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Myrna Clark

    Seller's Agent in 2022

    Myrna Clark

    Regency Real Estate Brokers

    (949) 216-9844

    48 Total Sales

    Myrna Clark
    Section Image

  • J

    Buyer's Agent in 2022

    Julian Tooma

    Breeze Real Estate

    (949) 371-1772

    13 Total Sales

    Julian Tooma
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22171855

California Regional Multiple Listing Service (CRMLS)

APN: 419-141-23

California Orange County Costa Mesa 92626

101 Clearbrook Ln, Costa Mesa, CA

Not Listed for Sale

MultiFamily

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