Seller's Agent in 2024
Christine Morgan
Marterra Real Estate
(949) 910-1042
10 in this area
153 Total Sales
164 Walnut St Costa Mesa, CA 92627
Downtown Costa Mesa NeighborhoodEstimated Value: $1,733,000 - $3,573,412
11
Beds
6
Baths
3,586
Sq Ft
$805/Sq Ft
Est. Value
Highlights
- 0.4 Acre Lot
- Quartz Countertops
- Recessed Lighting
- Heinz Kaiser Elementary School Rated A
- No HOA
- Laundry Room
About This Home
As of June 2024Welcome to 164 Walnut in Costa Mesa - the Capital of Cool. This 6-plex is made up of five 2 bed/1 bath units and one 1 bed/1 bath unit, all of which have been renovated. Unit C has washer and dryer hookups, and there are opportunities to have additional hookups in unit A, B, D and potentially unit F. The property is minutes away from the bustling shopping and dining options on 17th Street, is within easy walking distance to the scenic Upper Newport Back Bay and is encircled by some of the nation's top public schools. Additionally, tenants have convenient access to the 55 Freeway, providing seamless connectivity to the entire Southern California region. The property is also adjacent to Newport Blvd, a Measure K corridor, which is slated for substantial redevelopment. With ample parking on site, and tucked away in a quiet cul de sac, and an 89 walk score---come quick!
Matterport links available for all units, please inquire.
Last Agent to Sell the Property
Marterra Real Estate Brokerage Phone: 949-910-1042 License #01839037 Listed on: 03/01/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1953 | Remodeled
Lot Details
- 17,424 Sq Ft Lot
- Property fronts an alley
- 1 Common Wall
- Wood Fence
- Rectangular Lot
- Front Yard
Parking
- 5 Car Garage
- 6 Open Parking Spaces
- Parking Available
- Single Garage Door
Home Design
- Apartment
- Entry on the 1st floor
- Turnkey
- Slab Foundation
- Shingle Roof
Interior Spaces
- 3,586 Sq Ft Home
- 1-Story Property
- Recessed Lighting
- Family Room
- Vinyl Flooring
- Laundry Room
Kitchen
- Gas Range
- Microwave
- Quartz Countertops
Bedrooms and Bathrooms
- 11 Bedrooms
- 6 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Exterior Lighting
Utilities
- Wall Furnace
- Natural Gas Connected
- Water Heater
Listing and Financial Details
- Tax Lot 182
- Tax Tract Number 516
- Assessor Parcel Number 42603216
- $2,328 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 6 Units
Building Details
- 6 Leased Units
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 2 Separate Water Meters
- Electric Expense $900
- Fuel Expense $1,650
- Gardener Expense $2,400
- Insurance Expense $2,575
- Maintenance Expense $4,500
- Pest Control $420
- Trash Expense $2,803
- Water Sewer Expense $1,650
- New Taxes Expense $40,067
- Operating Expense $56,965
- Gross Income $224,480
- Net Operating Income $161,201
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
Mar 1, 2024
Closed on
Jun 6, 2024
Sold by
Bought by
Seller's Agent
Christine Morgan
Marterra Real Estate
Buyer's Agent
Sean Grange
Compass
List Price
$3,600,000
Sold Price
$3,200,000
Premium/Discount to List
-$400,000
-11.11%
Views
35
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$312,647
Avg. Annual Appreciation
-4.91%
Original Mortgage
$1,310,000
Interest Rate
0.0709%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 29, 2020
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
0.031%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 9, 2019
Sold by
Bought by
Purchase Details
Closed on
Aug 4, 2006
Sold by
Bought by
Purchase Details
Closed on
Feb 3, 2000
Sold by
Bought by
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $3,200,000 | Fidelity National Title | ||
| $1,600,000 | Chicago Title Company | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | Orange 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 | $1,310,000 | ||
| Previous Owner | $880,000 |
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 |
|---|---|---|---|---|
| 06/25/2024 06/25/24 | Sold | $3,200,000 | -5.9% | $892 / Sq Ft |
| 04/25/2024 04/25/24 | Price Changed | $3,400,000 | -5.6% | $948 / Sq Ft |
| 03/01/2024 03/01/24 | For Sale | $3,600,000 | -- | $1,004 / 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 |
|---|---|---|---|---|
| 2025 | $20,329 | $3,264,000 | $3,098,753 | $165,247 |
| 2024 | $20,329 | $1,697,932 | $1,555,473 | $142,459 |
| 2023 | $19,779 | $1,664,640 | $1,524,974 | $139,666 |
| 2022 | $19,205 | $1,632,000 | $1,495,072 | $136,928 |
| 2021 | $18,621 | $1,600,000 | $1,465,756 | $134,244 |
| 2020 | $3,199 | $135,745 | $48,787 | $86,958 |
| 2019 | $3,169 | $133,084 | $47,831 | $85,253 |
| 2018 | $3,124 | $130,475 | $46,893 | $83,582 |
| 2017 | $3,082 | $127,917 | $45,973 | $81,944 |
| 2016 | $3,029 | $125,409 | $45,071 | $80,338 |
| 2015 | $2,989 | $123,526 | $44,394 | $79,132 |
| 2014 | $2,926 | $121,107 | $43,525 | $77,582 |
Source: Public Records
Agents Affiliated with this Home
-
Christine Morgan
-
Daniel Morgan
Seller Co-Listing Agent in 2024
Daniel Morgan
Marterra Real Estate
(949) 413-0912
2 in this area
11 Total Sales
-
Sean Grange
Buyer's Agent in 2024
Sean Grange
Compass
(714) 366-5292
1 in this area
56 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24041909
APN: 426-032-16
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
Nearby Homes
- 1962 Fullerton Ave
- 174 Flower St
- 401 Bernard St Unit 409
- 136 E Bay St
- 2060 Newport Blvd Unit 46
- 1919 Santa Ana Ave
- 408 Ford Rd
- 192 Buoy St
- 131 E 21st St
- 525 Fairfax Dr Unit 2
- 525 Fairfax Dr Unit 28
- 333 Gulf Stream Way
- 305 Robinhood Ln
- 1741 21A Tustin
- 2256 2260 Maple St
- 1940 Maple Ave Unit 111
- 2011 Tustin Ave
- 415 Walnut Place
- 418 E Bay St
- 635 Plumer St
- 163 Walnut St
- 171 Walnut St
- 1951 Rosemary Place
- 172 Costa Mesa St
- 176 Costa Mesa St
- 174 Costa Mesa St
- 178 Costa Mesa St
- 1955 Rosemary Place
- 162 Costa Mesa St
- 1948 Fullerton Ave
- 1952 Rosemary Place
- 169 Walnut St
- 1938 Fullerton Ave
- 187 Walnut St
- 156 Costa Mesa St
- 184 Costa Mesa St
- 1954 Fullerton Ave
- 1959 Rosemary Place
- 1956 Rosemary Place
- 1934 Fullerton Ave
Your Personal Tour Guide
Ask me questions while you tour the home.