NOT LISTED FOR SALE
5 Beds
4 Baths
2,671 Sq Ft
5,214 Sq Ft Lot

Last Sold August 21, 2023

Last sale price $1,880,000 $704 Per Sq Ft

11 Days on Market

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • Cathedral Ceiling
  • Heinz Kaiser Elementary School Rated A
  • Property is near park and public transit
  • Traditional Architecture

About This Home

As of August 2023

Ideally located in the highly sought-after lower Eastside Costa Mesa area, this exceptional income property is designed to captivate both discerning buyers and savvy investors. Renovated to perfection, this property boasts a myriad of recent improvements that enhance its allure. From the brand-new roof to the meticulously applied exterior paint, no detail has been overlooked. Step inside the spacious upper unit, and be greeted by an ambiance of grandeur. The soaring cathedral ceilings create an incredible sense of volume, complemented by the fresh interior paint and flooring as well as dual pane windows and sliders. The upper level offers a true great room with an open floor plan, perfect for entertaining. Three generously sized bedrooms and tastefully finished bathrooms provide comfort and style. Additionally, the unit features convenient interior laundry facilities, a sprawling private outdoor entertaining area, and a two-car garage. Its desirability and appeal make it a highly sought-after rental property, ensuring consistent occupancy. The lower unit also boasts notable enhancements, including custom tile floors, dual pane glass windows and sliders, and a functional floor plan. Two bedrooms and two bathrooms offer ample living space, while interior laundry facilities and direct access to a one-car garage provide convenience and ease. Conveniently located within a short distance of the vibrant 17th Street and The Triangle, this meticulously improved income property presents a rare opportunity in today's real estate market. Whether you are looking to invest or to find your dream home, this property is a true gem that combines exceptional upgrades with a highly desirable location.

Last Agent to Sell the Property

Matt Perry

Arbor Real Estate License #01192690 Listed on: 07/17/2023

Arbor Real Estate

Co-Listed By

Kellen Perry

Arbor Real Estate License #02186044

Last Buyer's Agent

Kevin Kott

Kott & Company, Inc. License #02089647

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979 | Remodeled

Lot Details

  • 5,214 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Private Yard
  • Lawn
  • Garden
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • Duplex
  • Traditional Architecture
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,671 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Double Pane Windows
  • Blinds
  • Window Screens
  • Double Door Entry
  • Sliding Doors
  • Great Room
  • Living Room
  • Storage

Kitchen

  • Electric Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Mirrored Closets Doors
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near park and public transit

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, water
  • Tax Lot 122
  • Tax Tract Number 516
  • Assessor Parcel Number 42541520
  • $1,312 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Eastside South Subdivision

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $93,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1979 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Eastside South (ESCM)
  • Architectural Style: Traditional
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 42541520
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Interior Amenities: Balcony, Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting, Storage, Two Story Ceilings
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Door Features: Double Door Entry, Mirror Closet Door(s), Sliding Doors
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 703.86
  • Room Type: Entry, Great Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite
  • Window Features: Blinds, Double Pane Windows, Screens, Skylight(s)

Exterior Features

  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Gas Water Heater, Refrigerator, Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup, Gas Dryer Hookup, In Closet, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Garden, Landscaped, Lawn, Level with Street, Near Public Transit, Park Nearby, Sprinkler System, Yard
  • Lot Size Sq Ft: 5214.00
  • Lot Size Acres: 0.1197

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Water

Multi Family

  • Gross Income: 93000.00
  • Gross Scheduled Income: 39000.00
  • Lot Size Area: 5214.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 3250.00

Tax Info

  • Tax Census Tract: 633.01
  • Tax Lot: 122
  • Tax Tract Number: 516
  • TaxOtherAnnualAssessmentAmount: 1312.00

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 Prior Sale
08/21/2023 08/21/23 Sold $1,880,000 +10.7% $704 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
07/17/2023 07/17/23 For Sale $1,699,000 +142.7% $636 / Sq Ft
05/07/2012 05/07/12 Sold $700,000 0.0% $262 / Sq Ft View Prior Sale
03/12/2012 03/12/12 Pending -- -- --
03/03/2012 03/03/12 For Sale $699,900 -- $262 / 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: LG23131260

California Regional Multiple Listing Service (CRMLS)

APN: 425-415-20