K
Seller's Agent in 2017
Kathryn Hughes
Beyond Local Real Estate & Design
(949) 717-7100
26 Total Sales
1787 Westminster Ave Costa Mesa, CA 92627
Downtown Costa Mesa Neighborhood
6
Beds
3
Baths
2,021
Sq Ft
9,635
Sq Ft Lot Lot
Highlights
- No Units Above
- Living Room
- Accessible Parking
- Heinz Kaiser Elementary School Rated A
- Laundry Room
- Tile Flooring
About This Home
As of September 2017This highly desirable Eastside Costa Mesa triplex features three separate 2 bed/1 bath cottage style homes. The property has recently been updated with a new roof, rain gutters and garage doors. Each adorable unit has their own large private backyard, 2 parking spots (single car garage and driveway). Each unit is separately metered for gas and electric. Conservative pro forma rents are $2100 per unit, making this home a great investment and not one that’s often on the market. This Ttriplex is ideally located near 17th Street, the area’s most popular street - From grocery shopping, to dining, working out, coffee shops, dry cleaning, entertainment, doctor, dentist - you name it - you can find it on 17th St! This property would be ideal for the prudent investor or an owner-occupant looking to live in one and rent out the others. It’s a great opportunity for potential rental income in a very popular neighborhood.
Last Agent to Sell the Property
Beyond Local Real Estate & Design License #01954149 Listed on: 07/26/2017
Last Buyer's Agent
Beyond Local Real Estate & Design License #01954149 Listed on: 07/26/2017
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1956
Lot Details
- 9,635 Sq Ft Lot
- No Units Above
- No Units Located Below
- Two or More Common Walls
- Wood Fence
- Back and Front Yard
Parking
- 3 Car Garage
- 3 Open Parking Spaces
- Parking Available
- Front Facing Garage
- Shared Driveway
- Assigned Parking
Home Design
- Property Attached
- Composition Roof
- Partial Copper Plumbing
Interior Spaces
- 2,021 Sq Ft Home
- Living Room
- Tile Flooring
Kitchen
- Range Hood
- Disposal
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Wall Furnace
- Water Heater
Additional Features
- Accessible Parking
- Rain Gutters
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 8, 9
- Tax Tract Number 34
- Assessor Parcel Number 42539223
Community Details
Building Details
- 3 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,000
- Insurance Expense $1,448
- New Taxes Expense $16,445
- Operating Expense $14,958
- Gross Income $62,400
- Net Operating Income $45,944
Additional Features
- 3 Units
- Laundry Facilities
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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 |
|---|---|---|---|---|
| 09/22/2017 09/22/17 | Sold | $1,381,500 | -7.6% | $684 / Sq Ft |
| 07/26/2017 07/26/17 | For Sale | $1,495,000 | -- | $740 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $18,712 | $1,571,908 | $1,505,470 | $66,438 |
| 2024 | $18,712 | $1,541,087 | $1,475,951 | $65,136 |
| 2023 | $18,088 | $1,510,870 | $1,447,011 | $63,859 |
| 2022 | $17,513 | $1,481,246 | $1,418,639 | $62,607 |
| 2021 | $16,965 | $1,452,202 | $1,390,822 | $61,380 |
| 2020 | $16,759 | $1,437,312 | $1,376,561 | $60,751 |
| 2019 | $16,394 | $1,409,130 | $1,349,570 | $59,560 |
| 2018 | $16,061 | $1,381,500 | $1,323,107 | $58,393 |
| 2017 | $9,812 | $786,193 | $702,486 | $83,707 |
| 2016 | $9,613 | $770,778 | $688,712 | $82,066 |
| 2015 | $9,523 | $759,201 | $678,367 | $80,834 |
| 2014 | $9,316 | $744,330 | $665,079 | $79,251 |
Source: Public Records
Agents Affiliated with this Home
-
Kathryn Hughes
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP17170539
APN: 425-392-23
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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