NOT LISTED FOR SALE

1335 Baker St Costa Mesa, CA 92626

6 Beds
4 Baths
1 Sq Ft
6,534 Sq Ft Lot

Last Sold May 20, 2022

Last sale price $1,450,000 $1,450,000 Per Sq Ft

7 Days on Market

About This Home

As of May 2022

Great opportunity to own 3 units in a prime location in Costa Mesa. Property consists of two 1-story and one 2-story units. Both 1-story are 2 bedrooms 1 bath, and the 2-story is 2 bedrooms 1.5. There is a 3-car garage at the back of the property and there are an additional 3 shared parking spaces. All 3 units have their own meters except for water. Close to shopping and restaurants, South Coast Plaza, John Wayne Airport, Fairplex and Orange Coast College. Only minutes to three freeways, the 405, the 55, the 73-toll road and not far from the beach. All 3 units are occupied. Drive by only, do not walk the property or disturb any of the tenants. Offers can be made subject to inspection

Last Agent to Sell the Property

Livier Becerra

HOMEQUEST REAL ESTATE License #01317841 Listed on: 03/28/2022

HOMEQUEST REAL ESTATE

Last Buyer's Agent

Mike O'Neill

O/NEILL Realty & Property Mgmt License #00756795

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 6,534 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 1 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 1644
  • Assessor Parcel Number 14119117
  • $912 per year additional tax assessments

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Gardener Expense $1,200
  • Insurance Expense $1,529
  • Trash Expense $2,695
  • Water Sewer Expense $2,501
  • New Taxes Expense $10,183
  • Operating Expense $6,726
  • Gross Income $61,500
  • Net Operating Income $44,591

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Parking

3

Listing Details

  • Price Per Unit: 449967
  • Property Attached: Yes
  • Water Sewer Expenses: 2501.00
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 14119117
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 2695.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Multi Family

  • Gross Operating Income: 61500.00
  • Gross Scheduled Income: 62700.00
  • Insurance Expense: 1529.00
  • Lot Size Area: 6534.0000 Square Feet
  • Net Operating Income: 44591.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 16909.00
  • Rent Control: No
  • Total Expenses: 6725.78

Tax Info

  • New Taxes Expense: 10183.00
  • Tax Census Tract: 639.02
  • Tax Lot: 14
  • Tax Tract Number: 1644
  • TaxOtherAnnualAssessmentAmount: 912.00

Range of Values:

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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
05/20/2022 05/20/22 Sold $1,450,000 +7.4% $1,450,000 / Sq Ft
04/04/2022 04/04/22 Pending -- -- --
03/28/2022 03/28/22 For Sale $1,349,900 -- $1,349,900 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV22059431

California Regional Multiple Listing Service (CRMLS)

APN: 141-191-17