Michael Shank
Plus Real Estate
(949) 518-0510
34 Total Sales
2 in Downtown Costa Mesa
$725K - $1.2M Price Range
187 E 18th St Costa Mesa, CA 92627
Downtown Costa Mesa Neighborhood
--
Beds
--
Baths
26,134
Sq Ft
0.85
Acre Lot
Highlights
- Gated Parking
- 0.85 Acre Lot
- Ceiling Fan
- Kaiser Elementary School Rated A
- Balcony
- 3 Car Garage
About This Home
As of June 2022Bring Offers!! SIGNIFICANT PRICE REDUCTION ! The subject property is a very attractive pride of ownership complex located in the prime Eastside of Costa Mesa. This is a very unique corner location just off Newport Blvd. , in a beautiful residential area adjacent to million dollar plus homes. Walking distance to 17th street shops, cafes, boutiques, and located near the Triangle and Westcliff shopping and entertainment centers. Just a short distance to Newport Beach, Back Bay, Balboa Peninsula, Newport Heights, and Orange Coast College. First time on the market in 23 years. Built in 1986 and not subject to rent control, only AB 1482. Ideal unit mix of sixteen 1+1 (please note unit # 106 1 +1 is a non conforming unit) , three 2+1, four 2+2.5, one 3+2, and seven 3+2.5( with in unit washer/dryers). Each unit is good size and have many amenities including balconies, quartz/granite counter tops, vinyl wood like plank flooring(some units), stainless steel appliances(some units), dishwashers(some units) ,gated parking, a beautiful open courtyard, and much more. Most of the units have been upgraded or remodeled. Laundry on site. 100% occupied. Excellent and immediate upside in rents. Ideal exchange property.
Last Agent to Sell the Property
Karl Duistermars License #00584074 Listed on: 02/20/2022
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1986
Lot Details
- 36,869 Sq Ft Lot
- North Facing Home
Parking
- 3 Car Garage
- 4 Open Parking Spaces
- Gated Parking
Interior Spaces
- 26,134 Sq Ft Home
- 2-Story Property
- Ceiling Fan
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Outdoor Features
- Balcony
Utilities
- Heating System Mounted To A Wall or Window
- Property is located within a water district
- Central Water Heater
- Sewer in Street
Listing and Financial Details
- Tenant pays for electricity, gas, water
- Assessor Parcel Number 425-415-24
Community Details
Overview
- 3 Buildings
- 31 Units
- Low-Rise Community
Additional Features
- Laundry Facilities
- Rent Control
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Costa Mesa, CA
-
Michael Shank
-
Brad Hansen
Brad Hansen
(949) 570-5651
63 Total Sales
1 in Downtown Costa Mesa
$1,215,888 Price
-
Dean Alessi
Dean Alessi
eXp Realty of California Inc
(424) 688-9071
25 Total Sales
1 in Downtown Costa Mesa
$1,450,000 Price
-
Edison Cook
Edison Cook
Compass
(949) 239-0799
95 Total Sales
2 in Downtown Costa Mesa
$1.4M - $1.9M Price Range
-
Anne Marie Jones
Anne Marie Jones
IN THE PARK MANUFACTURED HOMES
(442) 248-3287
69 Total Sales
1 in Downtown Costa Mesa
$169,900 Price
-
Candice Blair
Candice Blair
Coldwell Banker Realty
(949) 744-5263
107 Total Sales
1 in Downtown Costa Mesa
$2,250,000 Price
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 |
|---|---|---|---|
| $16,685,000 | Chicago Title | ||
| Morell-Danjelic Charitable Rem | -- | Ragghianti Freitas Llp | |
| Krause-Slamet Charitable Remai | -- | Ragghianti Freitas Llp | |
| Krause Darryl | -- | Accommodation | |
| Morell Larry E | -- | Old Republic Title Company | |
| Morell Larry E | $3,175,000 | Commonwealth Land 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 | $7,835,000 | ||
| Previous Owner | Morell Larry E | $5,000,000 | |
| Previous Owner | Morell Larry E | $2,900,000 | |
| Previous Owner | Morell Larry E | $2,381,000 |
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 |
|---|---|---|---|---|
| 06/23/2022 06/23/22 | Sold | $16,685,000 | -3.0% | $638 / Sq Ft |
| 04/08/2022 04/08/22 | Pending | -- | -- | -- |
| 03/21/2022 03/21/22 | Price Changed | $17,200,000 | -8.0% | $658 / Sq Ft |
| 02/20/2022 02/20/22 | For Sale | $18,690,000 | -- | $715 / Sq Ft |
Source: The MLS
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 |
|---|---|---|---|---|
| 2026 | $198,648 | $18,060,380 | $15,624,902 | $2,435,478 |
| 2025 | $195,137 | $17,706,255 | $15,318,531 | $2,387,724 |
| 2024 | $195,137 | $17,359,074 | $15,018,168 | $2,340,906 |
| 2023 | $190,164 | $17,018,700 | $14,723,694 | $2,295,006 |
| 2022 | $58,538 | $4,598,480 | $2,348,474 | $2,250,006 |
| 2021 | $56,221 | $4,508,314 | $2,302,425 | $2,205,889 |
| 2020 | $55,686 | $4,462,087 | $2,278,816 | $2,183,271 |
| 2019 | $54,698 | $4,374,596 | $2,234,134 | $2,140,462 |
| 2018 | $53,692 | $4,288,820 | $2,190,327 | $2,098,493 |
| 2017 | $52,804 | $4,204,726 | $2,147,379 | $2,057,347 |
| 2016 | $51,686 | $4,122,281 | $2,105,274 | $2,017,007 |
| 2015 | $51,143 | $4,060,361 | $2,073,651 | $1,986,710 |
| 2014 | $49,967 | $3,980,825 | $2,033,031 | $1,947,794 |
Source: Public Records
Agents Affiliated with this Home
-
Karl Duistermars
KD
Seller's Agent in 2022
Karl Duistermars
Karl Duistermars
(818) 957-6511
1 in this area
3 Total Sales
-
David Oronoz
Buyer's Agent in 2022
David Oronoz
Skyline Commercial Real Estate
(949) 688-6530
1 in this area
6 Total Sales
Map
Source: The MLS
MLS Number: 22-129571
APN: 425-415-24
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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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