J
Seller's Agent in 2017
Jason Kirklen
Morgan Skenderian
1933 Wallace Ave Costa Mesa, CA 92627
Westside Costa Mesa Neighborhood
5
Beds
5
Baths
5,424
Sq Ft
0.42
Acres
About This Home
As of May 2017Pleased to present this pride of ownership nine unit apartment building. built in 1957, it is comprised of nine one bedroom one bathroom units most of which are single story with private entrances and large private backyards. Tenants find parking a terrific added benefit with this building boasting a 2 to 1 parking spaces to units ratio. Currently the property has leased laundry that give additional income without the headache of maintenance. It is also separately metered for gas and electricity.
The city of Costa Mesa is one of Orange County' s leading cultural and business centers. The city is home to The Orange County Performing Arts Center, Orange County Fair Grounds and South Coast Plaza which is one the highest volume shopping centers in the nation. Costa Mesa is bordered by the cities of Santa Ana, Newport Beach, Huntington Beach, Fountain Valley, and Irvine. It is approximately 37 miles southeast of Los Angeles and 88 miles north of San Diego. The city has a current population of 113,440 with 60% of the of the population living in rental housing. The average home sales price in Costa Mesa in 2006 was $779,275 and the average condominium sales price was $562,430.
Last Agent to Sell the Property
Jason Kirklen
Morgan Skenderian License #01939655 Listed on: 09/20/2016
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1957
Lot Details
- 0.42 Acre Lot
- Two or More Common Walls
- Density is 11-15 Units/Acre
Parking
- 15 Open Parking Spaces
- 3 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Split Level Home
- Property Attached
Interior Spaces
- 5,424 Sq Ft Home
- 2-Story Property
- Leased Washer and Dryer
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Bathrooms
Outdoor Features
- Rain Gutters
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, telephone
- Tax Lot 422
- Tax Tract Number 271
- Assessor Parcel Number 42227115
Community Details
Overview
- 4 Buildings
- 9 Units
Building Details
- 10 Separate Electric Meters
- 10 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,740
- Insurance Expense $1,898
- Maintenance Expense $6,750
- Other Expense $7,381
- Pest Control $1,067
- New Taxes Expense $27,141
- Operating Expense $45,977
- Gross Income $11,320
- Net Operating Income $85,788
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
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/16/2017 05/16/17 | Sold | $2,375,000 | +3.3% | $438 / Sq Ft |
| 02/08/2017 02/08/17 | Pending | -- | -- | -- |
| 09/28/2016 09/28/16 | Price Changed | $2,299,000 | -1.3% | $424 / Sq Ft |
| 09/20/2016 09/20/16 | For Sale | $2,330,000 | -- | $430 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
-
Rick Applebaum
Buyer's Agent in 2017
Rick Applebaum
Morgan Skenderian
(949) 251-8800
65 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW16707128
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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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