NOT LISTED FOR SALE
6 Beds
4 Baths
3,292 Sq Ft
6,534 Sq Ft Lot

Sale Details

Date Sold: May 13, 2021

Last sale price $1,625,000 $494 Per Sq Ft

28 Days on Market

Highlights

  • Traditional Architecture
  • Cathedral Ceiling
  • Granite Countertops
  • Kaiser Elementary School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of May 2021

Rare opportunity to own a 2 unit property in the desirable neighborhood of Eastside Costa Mesa. This 3,300 square foot duplex has large spacious units, each with open floor plans and 3 large bedrooms and 2 bathrooms. Updated interiors with lots of natural light. The kitchens and bathrooms have been remodeled with granite countertops, tiled backsplashes, and stainless steel appliances. There is low maintenance laminate and tile flooring throughout both units. Each unit has individual laundry in the 3 car garage. Residents will enjoy award-winning schools, close proximity to the Back Bay, 17th Street dining and entertainment, Triangle Square and just minutes to the beach. Great opportunity for owner occupied with rental unit or investor. Current rents are below market.

Last Agent to Sell the Property

John Parenti

Nook Real Estate License #01249905 Listed on: 03/16/2021

Last Buyer's Agent

Valerie Torelli

Torelli Realty License #00668297

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 6,534 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Back and Front Yard

Parking

  • 2 Open Parking Spaces
  • 3 Car Garage

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 3,292 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Granite Countertops
  • Laundry in Garage

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities, cable TV
  • Tax Lot 201
  • Tax Tract Number 516
  • Assessor Parcel Number 42626210

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $2,400
  • Insurance Expense $1,100
  • Trash Expense $901
  • Water Sewer Expense $1,500
  • New Taxes Expense $18,579
  • Operating Expense $24,480
  • Gross Income $73,488
  • Net Operating Income $49,115

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

6,534 Sq Ft Lot

Parking

3

Listing Details

  • Assessments: No
  • CapRate: 2.90
  • Property Attached: No
  • Water Sewer Expenses: 1500.00
  • Architectural Style: Traditional
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 2400.00
  • Parcel Number: 42626210
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Cathedral Ceiling(s), Granite Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 493.62

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Forced Air
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • Trash Expense: 901.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lot 6500-9999
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Rental Info

  • Tenant Pays: All Utilities, Cable TV

Multi Family

  • Gross Income: 73488.00
  • Gross Scheduled Income: 73488.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 6534.0000 Square Feet
  • Net Operating Income: 49115.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 24480.00
  • Rent Control: No
  • Total Actual Rent: 6124.00
  • Total Expenses: 24480.00

Tax Info

  • New Taxes Expense: 18579.00
  • Tax Census Tract: 632.02
  • Tax Lot: 201
  • Tax Tract Number: 516

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2024
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
0.062%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Mar 16, 2021
Closed on
Apr 23, 2021
Sold by
Bought by
Seller's Agent
John Parenti
Nook Real Estate
Buyer's Agent
Valerie Torelli
Torelli Realty
List Price
$1,689,000
Sold Price
$1,625,000
Premium/Discount to List
-$64,000
-3.79%

Purchase Details

Closed on
Mar 9, 2015
Sold by
Bought by

Purchase Details

Listed on
Jun 11, 2014
Closed on
Oct 6, 2014
Sold by
Bought by
Seller's Agent
Sean Stanfield
Pacific Sotheby's Int'l Realty
Buyer's Agent
John Parenti
Partners Real Estate
List Price
$1,250,000
Sold Price
$1,137,000
Premium/Discount to List
-$113,000
-9.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,500
Interest Rate
0.0416%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 11, 2014
Closed on
Oct 4, 2014
Sold by
Bought by
Seller's Agent
Sean Stanfield
Pacific Sotheby's Int'l Realty
Buyer's Agent
John Parenti
Partners Real Estate
List Price
$1,250,000
Sold Price
$1,137,000
Premium/Discount to List
-$113,000
-9.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,500
Interest Rate
0.0416%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2012
Sold by
Bought by

Purchase Details

Closed on
Nov 24, 2004
Sold by
Bought by

Purchase Details

Closed on
Feb 11, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,500
Interest Rate
0.0593%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
0.0688%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 1995
Sold by
Bought by

Purchase Details

Closed on
Feb 22, 1995
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- Stewart Title Of California
$1,625,000 Ticor Ttl Orange Cnty Branch
-- Accommodation
-- Chicago Title Company
-- None Available
$1,137,000 Chicago Title Company
-- None Available
-- Chicago Title Co
-- Stewart Title
$345,000 Old Republic Title Company
-- Continental Lawyers Title Co
$242,500 Gateway Title Company
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 $550,000
Previous Owner $770,500
Previous Owner $100,000
Previous Owner $243,500
Previous Owner $195,000
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 Prior Sale
05/13/2021 05/13/21 Sold $1,625,000 -3.8% $494 / Sq Ft
03/16/2021 03/16/21 For Sale $1,689,000 +48.5% $513 / Sq Ft
11/13/2014 11/13/14 Sold $1,137,000 -9.0% $345 / Sq Ft View Prior Sale
09/18/2014 09/18/14 Pending -- -- --
04/08/2014 04/08/14 For Sale $1,250,000 -- $380 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2025 $19,701 $1,758,952 $1,515,406 $243,546
2024 $19,701 $1,724,463 $1,485,692 $238,771
2023 $19,141 $1,690,650 $1,456,560 $234,090
2022 $18,695 $1,657,500 $1,428,000 $229,500
2021 $14,412 $1,262,435 $1,060,518 $201,917
2020 $14,246 $1,249,491 $1,049,644 $199,847
2019 $13,938 $1,224,992 $1,029,063 $195,929
2018 $13,656 $1,200,973 $1,008,885 $192,088
2017 $13,425 $1,177,425 $989,103 $188,322
2016 $13,137 $1,154,339 $969,709 $184,630
2015 $13,015 $1,137,000 $955,143 $181,857
2014 $5,639 $441,208 $254,979 $186,229
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP21054472

California Regional Multiple Listing Service (CRMLS)

APN: 426-262-10

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