NOT LISTED FOR SALE

124 23rd St Costa Mesa, CA 92627

Eastside Costa Mesa Neighborhood
8 Beds
4 Baths
4,200 Sq Ft
8,712 Sq Ft Lot

Last Sold September 22, 2015

Last sale price $1,575,000 $375 Per Sq Ft

21 Days on Market

Highlights

  • Lawn
  • Laundry Room
  • Level Lot
  • Heinz Kaiser Elementary School Rated A

About This Home

As of September 2015

Rare find and outstanding opportunity! Updated, fully leased and professionally managed Four unit building in the heart of Eastside Costa Mesa. FOUR spacious 2 bedroom units each with 1 garage and 1 parking space. Onsite laundry room also. Lower units have private outdoor patios and upper units have decks. Updated to include granite counters, newer kitchen appliances, bathroom fixtures, flooring and crown molding.
Close to trendy shops, restaurants and cafes located along the 17th St. Shopping corridor. Enjoy ease of access to transportation, freeways and quality schools also.

Last Agent to Sell the Property

Victoria Strombom

Surterre Properties License #00886773 Listed on: 08/01/2015

Surterre Properties

Last Buyer's Agent

Marcel Ford

Old Newport Realty License #01064293

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 8,712 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot
  • Lawn
  • Front Yard

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 4,200 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 19
  • Tax Tract Number 300
  • Assessor Parcel Number 43942104

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $440
  • Insurance Expense $1,700
  • Trash Expense $1,550
  • Water Sewer Expense $625
  • New Taxes Expense $18,500
  • Gross Income $6,990
  • Net Operating Income $60,515

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Eastside Heights (EHCM)
  • Water Sewer Expenses: 625.00
  • Property Type: Residential Income
  • Parcel Number: 43942104
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 375.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Trash Expense: 1550.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Front Yard, Lawn, Level with Street
  • Lot Size Sq Ft: 8712.00
  • Price Per Lot Square Foot: 180.79
  • Lot Size Acres: 0.2000

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Electric Expense: 440.00
  • Gross Income: 6990.00
  • Gross Scheduled Income: 83880.00
  • Insurance Expense: 1700.00
  • Lot Size Area: 8712.0000 Square Feet
  • Net Operating Income: 60515.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 23365.00
  • Rent Control: No
  • Total Actual Rent: 6990.00

Tax Info

  • New Taxes Expense: 18500.00
  • Tax Lot: 19
  • Tax Tract Number: 300

Range of Values:

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List Price
Sold Price
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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
09/22/2015 09/22/15 Sold $1,575,000 0.0% $375 / Sq Ft
08/22/2015 08/22/15 Pending -- -- --
08/01/2015 08/01/15 For Sale $1,575,000 -- $375 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Victoria Strombom

    Seller's Agent in 2015

    Victoria Strombom

    Surterre Properties

    (949) 464-3200

    34 Total Sales

    Victoria Strombom
    Section Image
  • Marcel Ford

    Buyer's Agent in 2015

    Marcel Ford

    Old Newport Realty

    (949) 231-1495

    25 Total Sales

    Marcel Ford
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG15169475

California Regional Multiple Listing Service (CRMLS)

APN: 439-421-04

California Orange County Costa Mesa 92627 Eastside Costa Mesa

124 23rd St, Costa Mesa, CA

This home is located at 124 23rd St, Costa Mesa, CA 92627 since 01 August 2015. This property was built in 1964. 124 23rd St is a home located in Orange County with nearby schools including Heinz Kaiser Elementary School, Woodland Elementary School, and Horace Ensign Intermediate School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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