NOT LISTED FOR SALE
9 Beds
6 Baths
4,014 Sq Ft
7,841 Sq Ft

Last Sold January 08, 2016

Last sale price $1,150,000 $286 Per Sq Ft

6 Days on Market

About This Home

As of January 2016

Short Sale. Fourplex in Costa Mesa with a mix of 1, 2, & 3 bedrooms units with fenced patios. New countertops in kitchen and bathrooms. New carpeting in some units. Pergo flooring. Storage closets. Rents below market. Month-to-month tenancies.

New kitchen and bathroom countertops. New carpeting. Rents below market. Six garages. Laundry machines owned. Fenced patios with storage closets & 1 unit has a fenced yard.

Second building to the north at the northwest corner of Victoria Street and Canyon Drive.

See attached document for marketing package.

Last Agent to Sell the Property

Guy Torelli

Torelli Investment Realty License #00666517 Listed on: 06/02/2015

Last Buyer's Agent

Guy Torelli

Torelli Investment Realty License #00666517 Listed on: 06/02/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 7,841 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 6 Car Garage

Home Design

  • 4,014 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 42204148

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Water Meters
  • Electric Expense $600
  • Insurance Expense $1,250
  • Maintenance Expense $2,500
  • Trash Expense $2,350
  • New Taxes Expense $11,000
  • Gross Income $6,415
  • Net Operating Income $51,946

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

7,841 Sq Ft Lot

Parking

6

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Canyon Walk (CAWK)
  • Property Type: Residential Income
  • Parcel Number: 42204148
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 286.50

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 2350.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7841.00
  • Price Per Lot Square Foot: 146.66
  • Lot Size Acres: 0.1800

Multi Family

  • Electric Expense: 600.00
  • Gross Income: 6415.00
  • Gross Scheduled Income: 76980.00
  • Insurance Expense: 1250.00
  • Lot Size Area: 7841.0000 Square Feet
  • Maintenance Expense: 2500.00
  • Net Operating Income: 51946.00
  • Number Of Rented Garages: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 22275.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 11000.00
  • Tax Lot: 1
  • Tax Tract Number: 1
  • Tax Year: 2014
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2016 01/08/16 Sold $1,150,000 -4.2% $286 / Sq Ft
06/08/2015 06/08/15 Pending -- -- --
06/02/2015 06/02/15 For Sale $1,200,000 -- $299 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $15,916 $1,361,364 $1,138,587 $222,777
2024 $15,916 $1,334,671 $1,116,262 $218,409
2023 $15,492 $1,308,501 $1,094,374 $214,127
2022 $15,036 $1,282,845 $1,072,916 $209,929
2021 $14,553 $1,257,692 $1,051,879 $205,813
2020 $14,415 $1,244,796 $1,041,093 $203,703
2019 $14,139 $1,220,389 $1,020,680 $199,709
2018 $13,870 $1,196,460 $1,000,666 $195,794
2017 $13,634 $1,173,000 $981,045 $191,955
2016 $12,569 $1,076,811 $843,018 $233,793
2015 $12,442 $1,060,637 $830,355 $230,282
2014 $12,152 $1,039,861 $814,089 $225,772
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP15118161

California Regional Multiple Listing Service (CRMLS)

APN: 422-041-48

Your Personal Tour Guide

Ask me questions while you tour the home.