$1,833,000
SOLD SEP 23, 2022
4 Beds
3 Baths
1,663 Sq Ft
6,100 Sq Ft Lot

Recently Sold

$1,102 Per Sq Ft

2% Above List Price

10 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Double Pane Windows
  • Woodland Elementary School Rated A
  • No HOA
  • Laundry Room

About This Home

As of September 2022

Rare two units on a 6k lot in this extremely desirable location in the heart of Eastside Costa Mesa.
Looking for THE perfect 1031 exchange? Or live in the front unit and build some passive income with back unit?
Lots of possibilities, especially in such a prime location!
Front home is a remodeled 3 beds/ 2baths home, solid wood floors, updated kitchen with new stainless steel appliances, new heating and air conditioning, newer windows, solar panels fully paid off, wood burning fire place, new paint, new doors and so much more...
Back house is a brand new ADU fully permitted 1 bedroom / 1 bath with brand new engineered hardwood floors, kitchen, appliances.
Walk to park, elementary and middle schools, 17th street shopping and restaurants. Minutes from Newport Beach, Newport Harbor High school, only 3 miles from some of the best beaches in California.

Last Agent to Sell the Property

Jeremy Noel

Wind Water, Inc License #01946342 Listed on: 08/18/2022

Last Buyer's Agent

Mark Taylor

Compass License #01877391

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,729

Year Built

  • Built in 1955 | Remodeled

Lot Details

  • 6,100 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Fence is in excellent condition
  • Rectangular Lot
  • Sprinkler System
  • Back Yard

Home Design

  • Traditional Architecture
  • Turnkey
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,663 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Insulated Doors
  • Family Room with Fireplace
  • Wood Flooring

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Available
  • Driveway

Location

  • Urban Location

Utilities

  • Central Heating and Cooling System
  • Standard Electricity

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 20
  • Tax Tract Number 2497
  • Assessor Parcel Number 42630312
  • $714 per year additional tax assessments

Community Details

Overview

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

Building Details

  • 2 Separate Electric Meters
  • Net Operating Income $69,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,729

Year Built

Built in 1955 | Remodeled

Lot Details

0

Listing Details

  • Assessments: No
  • Price Per Unit: 899000
  • Property Attached: No
  • Subdivision Name Other: Eastside South (ESCM)
  • View: No
  • Architectural Style: Traditional
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 42630312
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Door Features: Insulated Doors
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 1102.22
  • Room Type: All Bedrooms Down
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Excellent Condition
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Refrigerator
  • Electric: Standard
  • Heating Type: Central, Electric
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Rectangular Lot, Sprinkler System
  • Lot Size Sq Ft: 6100.00
  • Lot Size Acres: 0.1400
  • Latitude Manual: 33.63822500

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Average1 Bed Area: 468 Square Feet
  • Average3 Bed Area: 1195 Square Feet
  • Gross Scheduled Income: 92400.00
  • Lot Size Area: 6100.0000 Square Feet
  • Net Operating Income: 69600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 22800.00
  • Rent Control: No

Tax Info

  • Tax Census Tract: 632.02
  • Tax Lot: 20
  • Tax Tract Number: 2497
  • TaxOtherAnnualAssessmentAmount: 714.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2019
Closed on
Dec 17, 2019
Sold by
Good Steven M and Good Jill L
Bought by
Karantonis Evangelo E and Karantonis Jessica R
Seller's Agent
Alvin Gels
Coldwell Banker Realty
Buyer's Agent
Jeremy Noel
Wind Water, Inc
List Price
$1,149,000
Sold Price
$1,125,000
Premium/Discount to List
-$24,000
-2.09%
Current Estimated Value
$2,140,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,015,575
Avg. Annual Appreciation
12.14%
Original Mortgage
$900,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2014
Sold by
Karantonis Family Living Trust
Bought by
Dan Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,191,450
Interest Rate
4.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 15, 2013
Closed on
Mar 13, 2013
Sold by
Hunt Donald
Bought by
Good Steven M and Good Jill L
Seller's Agent
Steve Stovall
Seven Gables Real Estate
Buyer's Agent
Laurie Eastman
Compass
List Price
$699,000
Sold Price
$685,000
Premium/Discount to List
-$14,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.59%
Original Mortgage
$385,000
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2008
Sold by
Hsbc Bank Usa Na
Bought by
Hunt Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 2008
Sold by
Aghighi Akbar
Bought by
Hsbc Bank Usa Na and Nomura Home Equity Loan Inc Asset Backed

Purchase Details

Closed on
May 9, 2006
Sold by
Westerlund Laura
Bought by
Aghighi Akbar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.46%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 12, 2000
Sold by
Gilligan Gladys D
Bought by
Gilligan Gladys D and The Gladys D Gilligan Revocable Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,125,000 Chicago Title
Grant Deed $1,833,000 Fidelity National Title
Grant Deed $685,000 Title365
Grant Deed $500,000 Landamerica
Trustee Deed $636,000 None Available
Grant Deed $925,000 Ticor
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 Credit Line Revolving
Previous Owner $907,750 New Conventional
Previous Owner $900,000 New Conventional
Previous Owner $900,000 New Conventional
Previous Owner $343,200 New Conventional
Previous Owner $1,191,450 New Conventional
Previous Owner $385,000 New Conventional
Previous Owner $383,750 New Conventional
Previous Owner $400,000 Purchase Money Mortgage
Previous Owner $185,000 Fannie Mae Freddie Mac
Previous Owner $740,000 Balloon
Previous Owner $66,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2022 09/23/22 Sold $1,833,000 +1.9% $1,102 / Sq Ft
08/29/2022 08/29/22 Pending -- -- --
08/18/2022 08/18/22 For Sale $1,798,000 +59.8% $1,081 / Sq Ft
01/22/2020 01/22/20 Sold $1,125,000 -2.1% $945 / Sq Ft
12/16/2019 12/16/19 Pending -- -- --
12/01/2019 12/01/19 For Sale $1,149,000 +67.7% $966 / Sq Ft
03/28/2013 03/28/13 Sold $685,000 -2.0% $576 / Sq Ft
02/15/2013 02/15/13 Pending -- -- --
02/15/2013 02/15/13 For Sale $699,000 -- $587 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $20,729 $1,907,053 $1,775,967 $131,086
2024 $20,729 $1,869,660 $1,741,144 $128,516
2023 $20,178 $1,833,000 $1,707,003 $125,997
2022 $12,950 $1,159,388 $1,092,054 $67,334
2021 $12,599 $1,136,655 $1,070,641 $66,014
2020 $8,740 $771,296 $702,784 $68,512
2019 $8,554 $756,173 $689,004 $67,169
2018 $8,381 $741,347 $675,495 $65,852
2017 $8,238 $726,811 $662,250 $64,561
2016 $8,059 $712,560 $649,264 $63,296
2015 $7,982 $701,857 $639,511 $62,346
2014 $7,798 $688,109 $626,984 $61,125
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22172082

California Regional Multiple Listing Service (CRMLS)

APN: 426-303-12