
132 E 18th St Costa Mesa, CA 92627
Downtown Costa Mesa NeighborhoodHighlights
- 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
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
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
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 | -- | -- |
Tax History Compared to Growth
Agents Affiliated with this Home
-
Seller's Agent in 2025
Chris Pettit
Skyline Commercial Real Estate
(949) 688-6530
2 in this area
18 Total Sales
-
Seller's Agent in 2024
Laura Villa
HomeSmart Professionals
(949) 697-0420
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24252699

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