Seller's Agent in 2022
Christian Walsh
Berkshire Hathaway HomeServices California Properties
(949) 677-3466
4 in this area
81 Total Sales
1550 Orange Ave Unit A Costa Mesa, CA 92627
Downtown Costa Mesa Neighborhood
3
Beds
3
Baths
1,600
Sq Ft
4,200
Sq Ft Lot
Highlights
- No HOA
- Neighborhood Views
- 1-Story Property
- Newport Heights Elementary Rated A
- Back and Front Yard
- 4-minute walk to Heller Park
About This Home
As of July 2022Time stands still for this set of beach bungalows in a prime Eastside Costa Mesa location! Each little home in the triplex is a one bedroom/one bathroom with private yard space. All three are single story, ground level (two units are on a raised foundation). There have been updates and upgrades over the years, but this unique set of buildings offers a canvas for a creative investor and several income possibilities. Units are separately metered for gas (3 meters) and electric (3 meters). No garages, but each one has an assigned parking spot. Conveniently located near the border with Newport Beach and close to the best that Newport Beach and Costa Mesa offer! Must be sold together with neighboring triplex at 1554 Orange Ave (price is for each). They share the driveway and each triplex has its own Assessor’s Parcel Number (APN).
Last Agent to Sell the Property
Berkshire Hathaway HomeServices California Properties License #01804983 Listed on: 01/28/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1948
Lot Details
- 4,200 Sq Ft Lot
- Two or More Common Walls
- Back and Front Yard
Home Design
- Triplex
Interior Spaces
- 1,600 Sq Ft Home
- 1-Story Property
- Neighborhood Views
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Parking
- 3 Open Parking Spaces
- 3 Parking Spaces
- Parking Available
- Paved Parking
- Assigned Parking
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 15
- Tax Tract Number 973
- Assessor Parcel Number 42533301
- $1,449 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
- Eastside Heights Subdivision
Building Details
- 1 Leased Unit
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Fuel Expense $372
- Insurance Expense $900
- Trash Expense $936
- Water Sewer Expense $1,206
- New Taxes Expense $14,208
- Operating Expense $17,622
- Gross Income $66,882
- Net Operating Income $49,260
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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 |
|---|---|---|---|---|
| 07/20/2022 07/20/22 | Sold | $1,300,000 | -3.7% | $813 / Sq Ft |
| 05/16/2022 05/16/22 | Pending | -- | -- | -- |
| 05/05/2022 05/05/22 | Price Changed | $1,350,000 | -8.5% | $844 / Sq Ft |
| 04/25/2022 04/25/22 | Price Changed | $1,475,000 | -6.3% | $922 / Sq Ft |
| 03/09/2022 03/09/22 | Price Changed | $1,574,000 | -4.5% | $984 / Sq Ft |
| 01/28/2022 01/28/22 | For Sale | $1,649,000 | -- | $1,031 / Sq Ft |
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 | $15,937 | $1,352,520 | $1,300,816 | $51,704 |
| 2024 | $15,937 | $1,326,000 | $1,275,309 | $50,691 |
| 2023 | $15,434 | $1,300,000 | $1,250,302 | $49,698 |
| 2022 | $11,779 | $965,816 | $909,498 | $56,318 |
| 2021 | $11,412 | $946,879 | $891,665 | $55,214 |
| 2020 | $11,260 | $937,170 | $882,522 | $54,648 |
| 2019 | $11,006 | $918,795 | $865,218 | $53,577 |
| 2018 | $10,779 | $900,780 | $848,253 | $52,527 |
| 2017 | $10,604 | $883,118 | $831,620 | $51,498 |
| 2016 | $10,385 | $865,802 | $815,313 | $50,489 |
| 2015 | $10,289 | $852,797 | $803,066 | $49,731 |
| 2014 | $8,947 | $730,000 | $683,584 | $46,416 |
Source: Public Records
Agents Affiliated with this Home
-
Christian Walsh
-
Nick Louis
Buyer's Agent in 2022
Nick Louis
NAL Financial Inc.
(949) 645-6253
3 in this area
4 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW22014131
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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