Selene Hanna
Alt Financial Network Inc
(657) 300-4351
43 Total Sales
2 in Westside Costa Mesa
$865,000 Price Range
2086 Wallace Ave Costa Mesa, CA 92627
Westside Costa Mesa Neighborhood
5
Beds
3
Baths
2,400
Sq Ft
8,899
Sq Ft Lot
Highlights
- No Units Above
- No Heating
- 1-Story Property
- No HOA
About This Home
As of May 2023Fantastic Triplex!!! Three units, all on one level with separate yards and on-site parking for up to 10 cars!!! Situated on a huge approx 9000 sq ft lot! PLUS ROOM TO ADD AN ADU per City of Costa Mesa! As an added bonus, this triplex is located in a highly coveted Opportunity Zone! Investors: FABULOUS IMPROVEMENTS are now complete to the #2 & #3 unit's kitchens and baths plus new vinyl plank hardwood-like flooring, new interior paint. This property is also great for multi-family living, or live in one unit and rent out the other two! Located in an area of Costa Mesa where many properties are being nicely remodeled and updated, this triplex is also situated in close proximity to many adorable and well-kept single family homes. Approximately three miles to Newport Beach and the Newport Pier and only 1.3 miles to all of the exciting shops, restaurants, theaters, Trader Joe's, etc at The Triangle in Costa Mesa! All units will be delivered vacant at COE!
Last Agent to Sell the Property
Seven Gables Real Estate License #00959162 Listed on: 02/23/2023
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 8,899 Sq Ft Lot
- No Units Above
- No Units Located Below
- 1 Common Wall
- Density is 2-5 Units/Acre
Home Design
- Triplex
Interior Spaces
- 2,400 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Laundry
- Laundry in unit
- Washer Hookup
Utilities
- No Heating
Listing and Financial Details
- Legal Lot and Block 3 / C
- Tax Tract Number 612
- Assessor Parcel Number 42225204
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 3 Units
Amenities
- Laundry Facilities
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Gross Income $76,500
- Net Operating Income $67,500
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
Feb 23, 2023
Closed on
Apr 11, 2023
Sold by
Bought by
Seller's Agent
Jules Wilson
Seven Gables Real Estate
Buyer's Agent
Cristian Ripoll
Century 21 Masters
List Price
$1,395,000
Sold Price
$1,395,000
Views
300
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,116,000
Outstanding Balance
$1,071,788
Interest Rate
6.27%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 9, 2022
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
$355,000
Interest Rate
3.92%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 10, 2022
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
$355,000
Interest Rate
3.92%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 18, 2022
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
$355,000
Interest Rate
3.92%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 31, 1999
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
$164,000
Interest Rate
6.84%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 23, 1999
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
$164,000
Interest Rate
6.84%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Westside Costa Mesa, CA
-
Selene Hanna
-
Paul Daftarian
Paul Daftarian
Luxe Real Estate
(657) 385-8384
244 Total Sales
2 in Westside Costa Mesa
$1,131,000 Price Range
-
Mark Lear
Mark Lear
WERE Real Estate Inc
(657) 223-8121
353 Total Sales
2 in Westside Costa Mesa
$1.2M - $1.6M Price Range
-
Brian Liberto
Brian Liberto
The Agency
(657) 286-7195
27 Total Sales
1 in Westside Costa Mesa
$756,000 Price
-
Drew Teicheira
Drew Teicheira
Harcourts Place
(877) 672-0775
92 Total Sales
6 in Westside Costa Mesa
$1.2M - $1.7M Price Range
-
Aldon Lai
Aldon Lai
High Ten Partners, Inc.
(626) 618-9134
16 Total Sales
1 in Westside Costa Mesa
$1,050,000 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 |
|---|---|---|---|
| $1,395,000 | Chicago Title Company | ||
| -- | Accommodation/Courtesy Recordi | ||
| -- | Chicago Title | ||
| $1,200,000 | First American Title | ||
| -- | Investors Title Company | ||
| $255,000 | Investors 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 | $1,116,000 | ||
| Previous Owner | $300,000 | ||
| Previous Owner | $355,000 | ||
| Previous Owner | $164,000 |
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 |
|---|---|---|---|---|
| 05/24/2023 05/24/23 | Sold | $1,395,000 | 0.0% | $581 / Sq Ft |
| 04/21/2023 04/21/23 | For Sale | $1,395,000 | 0.0% | $581 / Sq Ft |
| 04/21/2023 04/21/23 | Off Market | $1,395,000 | -- | -- |
| 04/19/2023 04/19/23 | For Sale | $1,395,000 | 0.0% | $581 / Sq Ft |
| 04/18/2023 04/18/23 | Off Market | $1,395,000 | -- | -- |
| 03/31/2023 03/31/23 | Price Changed | $1,395,000 | -2.1% | $581 / Sq Ft |
| 03/27/2023 03/27/23 | For Sale | $1,425,000 | +2.2% | $594 / Sq Ft |
| 03/26/2023 03/26/23 | Off Market | $1,395,000 | -- | -- |
| 02/23/2023 02/23/23 | For Sale | $1,425,000 | -- | $594 / 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 | $17,322 | $1,480,385 | $1,394,020 | $86,365 |
| 2025 | $16,947 | $1,451,358 | $1,366,686 | $84,672 |
| 2024 | $16,947 | $1,422,900 | $1,339,888 | $83,012 |
| 2023 | $14,629 | $1,224,000 | $1,145,727 | $78,273 |
| 2022 | $5,263 | $347,157 | $246,093 | $101,064 |
| 2021 | $5,022 | $340,350 | $241,267 | $99,083 |
| 2020 | $4,932 | $336,861 | $238,793 | $98,068 |
| 2019 | $4,810 | $330,256 | $234,110 | $96,146 |
| 2018 | $4,708 | $323,781 | $229,520 | $94,261 |
| 2017 | $4,641 | $317,433 | $225,020 | $92,413 |
| 2016 | $4,557 | $311,209 | $220,608 | $90,601 |
| 2015 | $4,516 | $306,535 | $217,294 | $89,241 |
| 2014 | $4,427 | $300,531 | $213,038 | $87,493 |
Source: Public Records
Agents Affiliated with this Home
-
Jules Wilson
Seller's Agent in 2023
Jules Wilson
Seven Gables Real Estate
(949) 478-0139
2 in this area
51 Total Sales
-
Cristian Ripoll
Buyer's Agent in 2023
Cristian Ripoll
Century 21 Masters
(562) 417-4889
1 in this area
33 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC23026200
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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