NOT LISTED FOR SALE

Estimated Value: $2,075,000 - $3,688,000

4 Beds
3 Baths
2,200 Sq Ft
$1,205/Sq Ft Est. Value

Highlights

  • Primary Bedroom Suite
  • City Lights View
  • Traditional Architecture
  • Heinz Kaiser Elementary School Rated A
  • Retreat
  • Wood Flooring

About This Home

As of November 2022

ANOTHER SHOT AT THIS....2 Unit property located in desirable Eastside Costa Mesa. Built in 2015, underwent remodel in 2022, provides approximately 2,200 Sq. Ft. of living space for each of the 2-story units. Approximate rent collected (based on the previous occupying tenants) grossed $9,500 per month, yielding a GSI of $114,000/year. The primary, 4 Bed & 3.5 Bath, Unit #1; boasts double master bedrooms, a double walk-in shower, jacuzzi tub, and dual vessel sinks. Featured throughout both units of the property is a consistency of thoughtful design with heigh ceilings and skylights on the ground floor, and vaulted ceilings with skylight dormers upstairs which create an open, light and airy feel. The gourmet kitchen has a 5-burner gas range, double-oven and an island sink. High end finishes include, travertine floors, oak stairs, granite counter tops, wrought iron railings and more. The over-sized back patio is gas plumbed for BBQ and flows seamlessly into a large, shady grassy side yard. The secondary Unit #2; is comprised of, 3 Beds & 2.5 Baths, that mimic replicable features to the neighboring primary unit. The ground floor emulates a contemporary open floor plan that consists of Travertine flooring with a large kitchen with peninsula seating and stacked laundry at the second level and maintains alignment with the meticulous features showcased from the primary. Newport Mesa Unified School District – Newport Harbor High School! IDEAL INVESTMENT for someone looking to live in one unit and rent out the other.

Last Agent to Rent the Property

Barret Smith

Agentinc License #01954444 Listed on: 07/08/2022

Co-Listed By

Drew D'Angelo

Kase Real Estate License #01935951

Last Renter's Agent

NoEmail NoEmail

None MRML License #N/A

None MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,709

Year Built

  • Built in 2015 | Remodeled

Lot Details

  • 7,594 Sq Ft Lot
  • Property fronts a private road
  • 1 Common Wall
  • Block Wall Fence
  • Density is 11-15 Units/Acre

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Attached Carport
  • Parking Available
  • Auto Driveway Gate
  • Driveway
  • Off-Site Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Turnkey
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Entrance Foyer
  • Family Room Off Kitchen
  • Formal Dining Room
  • Storage
  • Laundry Room
  • City Lights Views

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Gas and Electric Range
  • Free-Standing Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Ceramic Countertops
  • Built-In Trash or Recycling Cabinet

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Retreat
  • Primary Bedroom Suite
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Bathtub

Outdoor Features

  • Concrete Porch or Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Suburban Location

Listing and Financial Details

  • Security Deposit $5,000
  • Rent includes gardener, gas, sewer, trash collection, water
  • Available 7/9/22
  • Tax Lot 2
  • Assessor Parcel Number 42627325

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 2020 Santa Ana Avenue Subdivision
  • Property is near a preserve or public land

Recreation

  • Park
  • Dog Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,709

Year Built

Built in 2015 | Remodeled

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Credit Report, Security Deposit
  • Available Date: 2022-07-09
  • Credit Check: Yes
  • Credit Check Paid By: Owner
  • Deposit Key: 2
  • Deposit Security: 5000
  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Other Phone Description: LISTING AGENT
  • Other Phone Number: 949-244-6754
  • Property Attached: Yes
  • Road Frontage Type: City Street, Private Road
  • Subdivision Name Other: 2020 Santa Ana Avenue (2020)
  • View: Yes
  • Architectural Style: Traditional
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Lease
  • Parcel Number: 42627325
  • Year Built: 2015
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2200.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Ceramic Counters, In-Law Floorplan, Stone Counters, Storage
  • Stories: 2
  • Entry Location: Front
  • Common Walls: 1 Common Wall
  • Flooring: Stone, Wood
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Area, Dining Room, In Kitchen, In Living Room, Separated
  • Fireplace Features: Gas
  • Levels: Two
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2.64
  • Room Type: Foyer, Kitchen, Living Room, Master Bathroom, Master Suite, Retreat, Separate Family Room
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub
  • Room Kitchen Features: Built-In Trash/Recycling, Granite Counters, Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Lighting
  • View: City Lights
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Concrete, Patio
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Attached Carport, Direct Garage Access, Driveway, Off Site, On Site
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Freezer, Gas & Electric Range, Gas Water Heater, Range Hood, Recirculated Exhaust Fan, Refrigerator
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Dog Park, Hiking, Park, Watersports, Preserve/Public Land, Sidewalks, Storm Drains, Street Lights, Suburban

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 7594.00
  • Lot Size Acres: 0.1743

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: Negotiable
  • Lot Size Area: 7594.0000 Square Feet
  • Number Of Units Total: 2
  • Rent Includes: Gardener, Gas, Sewer, Trash Collection, Water

Tax Info

  • Tax Census Tract: 632.02
  • Tax Lot: 2
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2025
Sold by
Nickel Greg and Nickel Misty
Bought by
Chaudhry Imtiaz and Chaudhry Fatima
Current Estimated Value
$2,650,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,648,000
Outstanding Balance
$1,640,656
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$1,010,059

Purchase Details

Closed on
Jun 15, 2011
Sold by
Cooke Jeffrey L and Dube Paula J
Bought by
Nickel Greg and Nickel Misty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.43%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chaudhry Imtiaz $2,060,000 Stewart Title Of California
Nickel Greg $300,000 Equity Title Orange County-I
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chaudhry Imtiaz $1,648,000
Previous Owner Nickel Greg $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2022 11/01/22 Rented $5,800 0.0% --
07/09/2022 07/09/22 Price Changed $5,800 -99.7% $3 / Sq Ft
07/08/2022 07/08/22 For Rent $1,995,000 -- --
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 $10,709 $909,084 $376,814 $532,270
2024 $10,709 $891,259 $369,425 $521,834
2023 $10,265 $873,784 $362,182 $511,602
2022 $10,506 $887,796 $355,081 $532,715
2021 $9,798 $870,389 $348,119 $522,270
2020 $9,689 $861,465 $344,550 $516,915
2019 $9,483 $844,574 $337,794 $506,780
2018 $9,292 $828,014 $331,170 $496,844
2017 $9,133 $811,779 $324,677 $487,102
2016 $8,948 $795,862 $318,311 $477,551
2015 $3,629 $313,530 $313,530 $0
2014 $3,549 $307,389 $307,389 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22150342

California Regional Multiple Listing Service (CRMLS)

APN: 426-273-25