NOT LISTED FOR SALE

1255 Baker St Costa Mesa, CA 92626

8 Beds
4 Baths
4,781 Sq Ft
6,098 Sq Ft Lot

Sale Details

Date Sold: April 8, 2016

Last sale price $1,102,500 $231 Per Sq Ft

98 Days on Market

Highlights

  • Property is near public transit
  • Balcony
  • Gas Fireplace
  • Killybrooke Elementary School Rated A
  • Heating Available

About This Home

As of April 2016

Four 2 bedroom, 1.75 bath units, 4781 Sqft. Owner has owned property for over 40 years and rents are very low. All renters are on a month to month, both laundry rooms are not used and coin operated washer/dryers could be installed.

Last Agent to Sell the Property

Wayne Smith

Corona Del Mar Properties Inc License #00922140 Listed on: 12/16/2015

Last Buyer's Agent

Wayne Smith

Corona Del Mar Properties Inc License #00922140 Listed on: 12/16/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 6,098 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached
  • Entry on the 2nd floor
  • Slab Foundation

Interior Spaces

  • 4,781 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Laundry in unit

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Balcony
  • Exterior Lighting

Additional Features

  • Property is near public transit
  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 14120107

Community Details

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $30
  • Insurance Expense $100
  • Trash Expense $205
  • Water Sewer Expense $165
  • New Taxes Expense $1,349
  • Gross Income $6,000
  • Net Operating Income $5,253

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

6,098 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: No
  • Water Sewer Expenses: 165.00
  • Property Type: Residential Income
  • Parcel Number: 14120107
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 2
  • Fireplace Features: Gas
  • Levels: Two
  • Price Per Square Foot: 230.60

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Laundry Features: Community
  • Trash Expense: 205.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 6098.00
  • Price Per Lot Square Foot: 180.80
  • Lot Size Acres: 0.1400

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 1150
  • Electric Expense: 30.00
  • Gross Income: 6000.00
  • Gross Scheduled Income: 72000.00
  • Insurance Expense: 100.00
  • Lot Size Area: 6098.0000 Square Feet
  • Net Operating Income: 5253.00
  • Number Of Rented Garages: 4
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Range: 4
  • Operating Expense: 747.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 1349.00

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
May 17, 2019
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.
Interest Rate
0.04%
Mortgage Type
Unknown

Purchase Details

Listed on
Dec 16, 2015
Closed on
Feb 17, 2016
Sold by
Bought by
Seller's Agent
Wayne Smith
Corona Del Mar Properties Inc
Buyer's Agent
Wayne Smith
Corona Del Mar Properties Inc
List Price
$1,295,000
Sold Price
$1,102,500
Premium/Discount to List
-$192,500
-14.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$670,000
Interest Rate
0.0362%
Mortgage Type
New Conventional
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Available
$1,102,500 Orange Coast Title Co Socal
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
Closed --
Closed $670,000
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
04/08/2016 04/08/16 Sold $1,102,500 -14.9% $231 / Sq Ft
03/23/2016 03/23/16 Pending -- -- --
12/16/2015 12/16/15 For Sale $1,295,000 -- $271 / 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
2025 $14,685 $1,242,984 $1,079,730 $163,254
2024 $14,685 $1,218,612 $1,058,559 $160,053
2023 $14,250 $1,194,718 $1,037,803 $156,915
2022 $13,757 $1,171,293 $1,017,454 $153,839
2021 $13,292 $1,148,327 $997,504 $150,823
2020 $13,165 $1,136,553 $987,276 $149,277
2019 $12,913 $1,114,268 $967,918 $146,350
2018 $12,667 $1,092,420 $948,939 $143,481
2017 $12,450 $1,071,000 $930,332 $140,668
2016 $2,402 $118,453 $20,886 $97,567
2015 $2,371 $116,674 $20,572 $96,102
2014 $2,319 $114,389 $20,169 $94,220
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP15263139

California Regional Multiple Listing Service (CRMLS)

APN: 141-201-07

Your Personal Tour Guide

Ask me questions while you tour the home.