NOT LISTED FOR SALE

Estimated Value: $1,349,533

1 Bed
1 Bath
894 Sq Ft
$1,510/Sq Ft Est. Value

Sale Details

Date Sold: August 30, 2023

Last sale price $1,055,500 $1,181 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $8,448 / mo

105 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Bike Trail
  • Kaiser Elementary School Rated A
  • 1 Car Garage
  • 5-minute walk to Lions Park

About This Home

As of August 2023

Attention Investors, motivated Sellers This is an extraordinary opportunity to own a premium parcel of real estate in the highly coveted Eastside Costa Mesa, CA, and we just reduced the price for an even better deal! This expansive lot has been off the market for over half a century and boasts over 7000 square feet of prime buildable area, making it a developer's ultimate aspiration.

Nestled in an R2HD zoning district, this property offers limitless possibilities. Whether you envision building your dream residence, a duplex, or even two separate dwellings on a single lot, the choice is yours. Furthermore, there's ample space to include an accessory dwelling unit (ADU), ensuring maximum potential for rental income.

Although the current dwelling requires some TLC, the true value of this investment lies in the land itself. With the complete Costa Mesa Zoning guidelines at your disposal, you'll have all the necessary information to transform this exceptional real estate into your own visionary masterpiece. Don't hesitate any longer; seize this incredible opportunity now! Home is sold in As-is condition and no improvements will be made to complete the sale.

Last Agent to Sell the Property

Philip Pagoria

Real Estate Enterprises License #02115106 Listed on: 04/25/2023

Co-Listed By

Ted Bean

Real Estate Enterprises License #00928151

Last Buyer's Agent

Farhad Khosravi

Farhad E. Khosravi, Broker License #01207777

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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1923

Lot Details

  • 7,004 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned R2

Parking

  • 1 Car Garage
  • Parking Available

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 894 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 279
  • Assessor Parcel Number 42544310
  • $793 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Eastside Heights Subdivision

Recreation

  • Dog Park
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1923

Lot Details

7,004 Sq Ft Lot

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Eastside Heights (EHCM)
  • View: No
  • Zoning: R2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42544310
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 894.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1180.65
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Forced Air
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Dog Park, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7004.00
  • Lot Size Acres: 0.1608

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7004.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 633.01
  • Tax Lot: 13
  • Tax Tract Number: 279
  • TaxOtherAnnualAssessmentAmount: 793.00

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

Listed on
Apr 25, 2023
Closed on
Aug 15, 2023
Sold by
Bought by
Seller's Agent
Philip Pagoria
Real Estate Enterprises
Buyer's Agent
Farhad Khosravi
Farhad E. Khosravi, Broker
List Price
$1,600,000
Sold Price
$1,055,500
Premium/Discount to List
-$544,500
-34.03%
Views
134
Current Estimated Value
$1,349,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,033
Avg. Annual Appreciation
8.75%
Original Mortgage
$791,625
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2000
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$1,055,500 Pacific Coast Title
-- --
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
Open $600,000
Open $930,000
Closed $845,000
Closed $791,625
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
08/30/2023 08/30/23 Sold $1,055,500 -4.0% $1,181 / Sq Ft
08/08/2023 08/08/23 Pending -- -- --
08/04/2023 08/04/23 Price Changed $1,100,000 -15.4% $1,230 / Sq Ft
07/20/2023 07/20/23 Price Changed $1,300,000 -7.1% $1,454 / Sq Ft
05/23/2023 05/23/23 Price Changed $1,400,000 -12.5% $1,566 / Sq Ft
05/08/2023 05/08/23 For Sale $1,600,000 0.0% $1,790 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
04/25/2023 04/25/23 For Sale $1,600,000 -- $1,790 / 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
2026 $12,369 $1,098,142 $1,068,507 $29,635
2025 $12,369 $1,076,610 $1,047,556 $29,054
2024 $12,118 $1,055,500 $1,027,015 $28,485
2023 $1,363 $42,277 $32,122 $10,155
2022 $1,229 $41,449 $31,493 $9,956
2021 $1,142 $40,637 $30,876 $9,761
2020 $1,117 $40,221 $30,560 $9,661
2019 $1,092 $39,433 $29,961 $9,472
2018 $1,071 $38,660 $29,373 $9,287
2017 $1,059 $37,902 $28,797 $9,105
2016 $1,044 $37,159 $28,232 $8,927
2015 $1,033 $36,601 $27,808 $8,793
2014 $1,015 $35,885 $27,264 $8,621
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP23069574

California Regional Multiple Listing Service (CRMLS)

APN: 425-443-10

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