Darrell Burns
Savient Financial, Inc.
(888) 994-7785
62 Total Sales
2 in Westside Costa Mesa
$1.1M - $1.6M Price Range
2082 Wallace Ave Costa Mesa, CA 92627
Westside Costa Mesa Neighborhood
6
Beds
3
Baths
2,688
Sq Ft
9,208
Sq Ft Lot
Highlights
- Cathedral Ceiling
- No HOA
- 1-Story Property
- Private Yard
About This Home
As of December 2013Rare Opportunity for investor to purchase, on one lot, a well maintained duplex in back plus a single family house in front. Or, an excellent opportunity for an owner who wants to live in the front house and generate rental income from the duplex in the back. Very easy to rent due to the following features. Units are very light and bright due to high ceilings and very large, high windows. All units have very large enclosed yards. All units have separate water heaters. All units have inside washer and dryer hook-up. Front house is approx. 864 sq ft remodeled approx. 2 years ago and has ceramic floor tile. Rear units are approx.912 sq ft each. New oak kitchen cabinets in rear house approx. 3 yrs ago. Front house has a one car enclosed garage. Exterior of units and fencing have recently been painted. Newer composition roof approximately 10 years new. Close to Triangle Square, 55 Frwy and Beaches. Can possibly combine with adjacent property at 2086 for possible R3 zoning. Current zoning is R4. Stacked units (835 sq. ft.) across street rent for $1,555 and tenants pay for water, approx. $90/mo for fam. of 5, sewer, trash, elec., & gas with no W/D hook-ups no enclosed yards. 40 twnhs's. across street rent for $1,600 to $1,700, pay water $100/mo. no W/D
Last Agent to Sell the Property
New Dimension Investment Prop License #00640512 Listed on: 10/26/2013
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 9,208 Sq Ft Lot
- No Common Walls
- Private Yard
Parking
- 1 Car Garage
- Parking Available
- Assigned Parking
Interior Spaces
- 2,688 Sq Ft Home
- 1-Story Property
- Cathedral Ceiling
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Laundry
- Laundry in unit
- Washer and Gas Dryer Hookup
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 4
- Tax Tract Number 612
- Assessor Parcel Number 42225205
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
Amenities
- Laundry Facilities
Building Details
- 3 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $384
- Insurance Expense $742
- Maintenance Expense $2,742
- Other Expense $400
- Water Sewer Expense $1,200
- New Taxes Expense $10,228
- Gross Income $4,570
- Net Operating Income $37,416
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
Listed on
Oct 26, 2013
Closed on
Jan 7, 2014
Sold by
Bought by
Seller's Agent
Bob Walz
New Dimension Investment Prop
Buyer's Agent
Lily Labash
Barnes Realty Group
List Price
$825,000
Sold Price
$825,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
4.08%
Mortgage Type
Commercial
Purchase Details
Listed on
Oct 26, 2013
Closed on
Dec 4, 2013
Sold by
Bought by
Seller's Agent
Bob Walz
New Dimension Investment Prop
Buyer's Agent
Lily Labash
Barnes Realty Group
List Price
$825,000
Sold Price
$825,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
4.08%
Mortgage Type
Commercial
Purchase Details
Listed on
Oct 26, 2013
Closed on
Nov 13, 2013
Sold by
Bought by
Seller's Agent
Bob Walz
New Dimension Investment Prop
Buyer's Agent
Lily Labash
Barnes Realty Group
List Price
$825,000
Sold Price
$825,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
4.08%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 15, 2011
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
$445,000
Interest Rate
4.37%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 11, 2010
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
$460,000
Interest Rate
4.04%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 16, 2004
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
$500,500
Interest Rate
5.76%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 18, 2002
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
$145,000
Interest Rate
5.65%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 13, 2002
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
$145,000
Interest Rate
5.65%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 3, 1997
Sold by
Bought by
Purchase Details
Closed on
Nov 2, 1993
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Westside Costa Mesa, CA
-
Darrell Burns
-
Rob Brandon
Rob Brandon
JohnHart Real Estate
(949) 751-1335
54 Total Sales
1 in Westside Costa Mesa
$1,725,000 Price
-
Kimber Wuerfel
Kimber Wuerfel
Kimber/Alana Boutique Real Estate
(657) 220-6340
120 Total Sales
2 in Westside Costa Mesa
$1,325,000 Price Range
-
Tracy Heffelman
Tracy Heffelman
Coldwell Banker Realty
(657) 325-8546
32 Total Sales
2 in Westside Costa Mesa
$1,625,000 Price Range
-
John Nolan
John Nolan
Manufactured Home Works
(424) 842-2654
34 Total Sales
1 in Westside Costa Mesa
$329,900 Price
-
Mariann Cordova
Mariann Cordova
Coldwell Banker Realty
(949) 518-3579
12 Total Sales
1 in Westside Costa Mesa
$938,000 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 |
|---|---|---|---|
| -- | None Available | ||
| -- | Lawyers Title Company | ||
| $825,000 | Lawyers Title Company | ||
| -- | North American Title Company | ||
| -- | Accommodation | ||
| -- | Lsi | ||
| -- | Accommodation | ||
| -- | North American Title Co | ||
| -- | -- | ||
| -- | -- | ||
| -- | Stewart Title | ||
| -- | -- | ||
| -- | California Counties Title Co |
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 |
|---|---|---|---|
| Previous Owner | $412,500 | ||
| Previous Owner | $445,000 | ||
| Previous Owner | $460,000 | ||
| Previous Owner | $500,500 | ||
| Previous Owner | $145,000 |
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 |
|---|---|---|---|---|
| 12/06/2013 12/06/13 | Sold | $825,000 | 0.0% | $307 / Sq Ft |
| 11/05/2013 11/05/13 | Pending | -- | -- | -- |
| 10/26/2013 10/26/13 | For Sale | $825,000 | -- | $307 / 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 |
|---|---|---|---|---|
| 2026 | $12,981 | $1,031,560 | $931,311 | $100,249 |
| 2025 | $12,667 | $1,011,334 | $913,050 | $98,284 |
| 2024 | $12,667 | $991,504 | $895,147 | $96,357 |
| 2023 | $12,238 | $972,063 | $877,595 | $94,468 |
| 2022 | $11,878 | $953,003 | $860,387 | $92,616 |
| 2021 | $11,512 | $934,317 | $843,517 | $90,800 |
| 2020 | $11,359 | $924,737 | $834,868 | $89,869 |
| 2019 | $11,107 | $906,605 | $818,498 | $88,107 |
| 2018 | $10,880 | $888,829 | $802,449 | $86,380 |
| 2017 | $10,705 | $871,401 | $786,714 | $84,687 |
| 2016 | $10,486 | $854,315 | $771,288 | $83,027 |
| 2015 | $10,388 | $841,483 | $759,703 | $81,780 |
| 2014 | $10,162 | $825,000 | $749,577 | $75,423 |
Source: Public Records
Agents Affiliated with this Home
-
Bob Walz
Seller's Agent in 2013
Bob Walz
New Dimension Investment Prop
(714) 393-8060
9 Total Sales
-
Lily Labash
Buyer's Agent in 2013
Lily Labash
Barnes Realty Group
(949) 307-8527
1 in this area
3 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC13222751
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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