Seller's Agent in 2022
Brad Hinman
Compass
(949) 246-3221
33 Total Sales
129 Clearbrook Ln Costa Mesa, CA 92626
3
Beds
2
Baths
1,853
Sq Ft
7,841
Sq Ft Lot
Highlights
- No HOA
- Neighborhood Views
- Cul-De-Sac
- Costa Mesa High School Rated A-
- Beamed Ceilings
- 3-minute walk to Neth Park
About This Home
As of January 2022Rare opportunity to acquire a well-maintained, single-level duplex with chic curb appeal in the heart of Costa Mesa. First time on the market in over 43 years. These bungalow-style units consist of one 2-Bedroom unit and one 1-Bedroom unit. Located at the end of a cul-de-sac on a tree-lined street, the property exudes character and charm. Each unit offers exposed wood beam ceilings, large living rooms, spacious master bedrooms and sizable private patios. The two-bedroom unit also enjoys a cozy fireplace, walk-in closet, dual vanities and laundry. There are three garages that can be rented out separately to generate additional income, along with ample off-street private parking at the rear of the property. Excellent long-time tenants are currently month-to-month and would like to renew their leases. Current rents are below market with upswing potential. Great opportunity for an owner/user or for an investor to add value and increase GSI. Tenant demand is very strong due to the location and the uniqueness of the property. Stroll to OCC, Vanguard University, Orange County Fairgrounds, and Costa Mesa City Hall. Just minutes from local beaches, Triangle Square, 17th Street shops & restaurants, South Coast Plaza and UC Irvine. Easy Freeway access to the 405, 55, and 73. Drive by and see the potential. Please do not disturb tenants.
The adjacent Triplex located at 131 Clearbrook is also available for purchase.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 7,841 Sq Ft Lot
- 1 Common Wall
- Cul-De-Sac
- Wood Fence
- Level Lot
- Front Yard Sprinklers
Parking
- 3 Car Garage
- 4 Open Parking Spaces
- Parking Storage or Cabinetry
- Parking Available
- Rear-Facing Garage
- Two Garage Doors
- Parking Lot
- Off-Street Parking
Property Views
- Neighborhood
- Courtyard
Home Design
- Bungalow
- Property Attached
- Entry on the 1st floor
- Composition Roof
- Stucco
Interior Spaces
- 1,853 Sq Ft Home
- 1-Story Property
- Beamed Ceilings
- Ceiling Fan
- Living Room with Fireplace
Kitchen
- Electric Range
- Dishwasher
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Accessible Home Design
- No Interior Steps
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating System
- Wall Furnace
- Standard Electricity
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 11
- Tax Tract Number 5617
- Assessor Parcel Number 41914114
- $1,089 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Leased Units
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $900
- Insurance Expense $1,299
- Water Sewer Expense $1,800
- Operating Expense $3,999
- Gross Income $3,600
- Net Operating Income $35,568
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/03/2022 01/03/22 | Sold | $1,285,000 | -1.1% | $693 / Sq Ft |
| 12/01/2021 12/01/21 | For Sale | $1,299,000 | -- | $701 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Brad Hinman
-
Jennifer Stock
Seller Co-Listing Agent in 2022
Jennifer Stock
Compass
(949) 290-0227
14 Total Sales
-
Michael Taormina
Buyer's Agent in 2022
Michael Taormina
Compass
(949) 230-9338
25 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP21252326
APN: 419-141-14
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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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