Seller's Agent in 2025
Chris Pettit
Skyline Commercial Real Estate
(949) 688-6530
2 in this area
21 Total Sales
132 E 18th St Costa Mesa, CA 92627
Downtown Costa Mesa Neighborhood
5
Beds
3
Baths
2,020
Sq Ft
6,534
Sq Ft Lot
Highlights
- No HOA
- Pickleball Courts
- Laundry Room
- Heinz Kaiser Elementary School Rated A
- Cooling System Mounted To A Wall/Window
- Forced Air Heating System
About This Home
As of July 2025Great location with tons of opportunity! You can enjoy the current income, move into one of the units and use the income to help with your monthly payment, build more units, build your dream home - plenty of options.
The property has been well maintained with strong operational history, and in this location is always very easy to rent.
Last Agent to Sell the Property
Skyline Commercial Real Estate Brokerage Phone: 626-664-9863 License #01983950 Listed on: 12/23/2024
Last Buyer's Agent
Skyline Commercial Real Estate Brokerage Phone: 626-664-9863 License #01983950 Listed on: 12/23/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,992
Year Built
- Built in 1947
Lot Details
- 6,534 Sq Ft Lot
- 1 Common Wall
- Rectangular Lot
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 2,020 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Location
- Urban Location
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating System
Listing and Financial Details
- Legal Lot and Block 16 / A
- Tax Tract Number 314
- Assessor Parcel Number 42545141
- $1,423 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
Amenities
- Laundry Facilities
Recreation
- Pickleball Courts
- Bike Trail
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $4,179
- Insurance Expense $1,818
- Water Sewer Expense $876
- New Taxes Expense $19,729
- Operating Expense $30,962
- Gross Income $97,500
- Net Operating Income $63,613
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
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/17/2025 07/17/25 | Sold | $1,700,000 | -9.3% | $842 / Sq Ft |
| 05/09/2025 05/09/25 | Pending | -- | -- | -- |
| 03/17/2025 03/17/25 | Price Changed | $1,875,000 | -3.8% | $928 / Sq Ft |
| 02/17/2025 02/17/25 | Price Changed | $1,950,000 | -2.3% | $965 / Sq Ft |
| 12/23/2024 12/23/24 | For Sale | $1,995,000 | 0.0% | $988 / Sq Ft |
| 09/10/2024 09/10/24 | Rented | $1,950 | 0.0% | -- |
| 08/29/2024 08/29/24 | For Rent | $1,950 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| 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 | $10,811 | $896,734 | $792,025 | $104,709 |
| 2024 | $10,811 | $879,151 | $776,495 | $102,656 |
| 2023 | $10,458 | $861,913 | $761,269 | $100,644 |
| 2022 | $10,154 | $845,013 | $746,342 | $98,671 |
| 2021 | $9,850 | $828,445 | $731,708 | $96,737 |
| 2020 | $9,727 | $819,951 | $724,205 | $95,746 |
| 2019 | $9,514 | $803,874 | $710,005 | $93,869 |
| 2018 | $9,321 | $788,112 | $696,083 | $92,029 |
| 2017 | $9,167 | $772,659 | $682,434 | $90,225 |
| 2016 | $8,975 | $757,509 | $669,053 | $88,456 |
| 2015 | $8,891 | $746,131 | $659,003 | $87,128 |
| 2014 | $8,693 | $731,516 | $646,094 | $85,422 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Pettit
-
Laura Villa
Seller's Agent in 2024
Laura Villa
HomeSmart Professionals
(949) 697-0420
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24252699
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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