NOT LISTED FOR SALE
9 Beds
8 Baths
4,532 Sq Ft
8,276 Sq Ft Lot

Last Sold December 15, 2017

Last sale price $1,550,000 $342 Per Sq Ft

9 Days on Market

Highlights

  • Laundry Room
  • Level Lot
  • Front Yard
  • California Elementary School Rated A

About This Home

As of December 2017

Hard to find FOURPLEX in excellent Costa Mesa location! Front unit offers 3 bedroom/1.75 baths and a two-car garage and the other three units are each 2 bedroom/1.75 baths with single garage. Walk to many local restaurants and shops plus easy freeway access. Great opportunity to live in one unit and rent out the others. Newport-Mesa Unified School District. Rents are low for area. Washer dryer (owned by coin operating company) in laundry room. Operating expenses quoted are approx.

Last Agent to Sell the Property

Ed Broder

Pacific Property Services License #00794258 Listed on: 10/31/2017

Last Buyer's Agent

Rick Applebaum

Morgan Skenderian License #01273871

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 8,276 Sq Ft Lot
  • No Common Walls
  • Level Lot
  • Front Yard

Parking

  • 5 Car Garage
  • Parking Available
  • Rear-Facing Garage

Interior Spaces

  • 4,532 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Utilities

  • Sewer Paid

Listing and Financial Details

  • Tax Lot 33
  • Tax Tract Number 5475
  • Assessor Parcel Number 13949115

Community Details

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $480
  • Gardener Expense $840
  • Insurance Expense $1,400
  • Other Expense $360
  • Trash Expense $1,200
  • Water Sewer Expense $3,000
  • New Taxes Expense $19,375
  • Operating Expense $26,655
  • Gross Income $75,975
  • Net Operating Income $42,120

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Parking

5

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Mesa Verde Residential Income (MVRI)
  • Water Sewer Expenses: 3000.00
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 13949115
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 342.01

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Individual Room
  • Sewer: Sewer Paid
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Level
  • Lot Size Sq Ft: 8276.00

Multi Family

  • Electric Expense: 480.00
  • Gross Income: 75975.00
  • Gross Scheduled Income: 75600.00
  • Insurance Expense: 1400.00
  • Laundry Income: 375.00
  • Net Operating Income: 42120.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 33480.00
  • Other Expense: 360.00
  • Other Expense Description: gas
  • Rent Control: No
  • Total Expenses: 26655.00

Tax Info

  • New Taxes Expense: 19375.00
  • Tax Census Tract: 638.06
  • Tax Lot: 33
  • Tax Tract Number: 5475

Range of Values:

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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
12/15/2017 12/15/17 Sold $1,550,000 0.0% $342 / Sq Ft
10/31/2017 10/31/17 For Sale $1,550,000 -- $342 / 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: OC17247961

California Regional Multiple Listing Service (CRMLS)

APN: 139-491-15