$1,250,000

Estimated payment $7,910/month

Total Views 1,963,781
4 Beds
2 Baths
1,680 Sq Ft
$744 Price per Sq Ft

Highlights

  • Golf Course Community
  • Bonus Room
  • Cooling System Powered By Gas
  • Maid or Guest Quarters
  • Hiking Trails
  • Living Room

About This Home

Rare opportunity to acquire a one of two separately parceled duplexes on large lots in Westside Costa Mesa. The property is fully-occupied with long-term, month-to-month tenant at below market rents. Both units are two bedroom / one bathroom, and an additional bonus room. It is well located: walking distance to shopping and dining along Harbor Boulevard, many businesses along Placentia Avenue, as well as Wilson, Pomona, and Rea Elementary Schools and Estancia High School. Nearby points of interest include Costa Mesa Golf Course, Orange Coast College, the OC Fair & Events Center, the Triangle shopping center, Newport Beach/ Balboa Peninsula, and Hoag Hospital.

Listing Agent

Teri Hardke

Coldwell Banker Realty Brokerage Phone: 949-689-1008 License #00517307 Listed on: 01/02/2024

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1973

Lot Details

  • 6,490 Sq Ft Lot
  • 1 Common Wall

Parking

  • 4 Car Garage
  • Parking Available
  • Driveway Up Slope From Street

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,680 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Bonus Room

Kitchen

  • Built-In Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Jack-and-Jill Bathroom
  • Maid or Guest Quarters
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Accessible Home Design

  • No Interior Steps
  • More Than Two Accessible Exits
  • Accessible Parking

Utilities

  • Cooling System Powered By Gas
  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tax Lot 23
  • Tax Tract Number 10821
  • Assessor Parcel Number 42217523
  • $1,337 per year additional tax assessments

Community Details

Overview

  • 2 Units
  • Westside Costa Mesa Central Subdivision

Recreation

  • Golf Course Community
  • Dog Park
  • Hiking Trails
  • Bike Trail

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $588
  • Operating Expense $16,792
  • Gross Income $48,000
  • Net Operating Income $29,768

Townhouse Details

Home Type

Townhome

Year Built

Built in 1973

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Other Phone Description: Matt Hardke cel
  • Other Phone Number: 9499290558
  • Price Per Unit: 625000
  • Property Attached: Yes
  • Subdivision Name Other: Westside Costa Mesa Central (WCMC)
  • Property Sub Type: Townhouse
  • Property Type: Residential Income
  • Parcel Number: 42217523
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: front door
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate
  • Accessibility Features: 2+ Access Exits, No Interior Steps, Parking
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 744.05
  • Room Type: Bonus Room, Guest/Maid's Quarters, Jack & Jill, Laundry, Living Room, Primary Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway Up Slope From Street, Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Gas Range, Microwave, Refrigerator, Water Heater
  • Heating Type: Natural Gas
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs, Dog Park, Golf, Hiking, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 6490.00
  • Lot Size Acres: 0.1490

Rental Info

  • Tenant Pays: Cable TV, Electricity, Water

Multi Family

  • Gross Income: 48000.00
  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 588.00
  • Lot Size Area: 6490.0000 Square Feet
  • Net Operating Income: 29768.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 16792.00
  • Rent Control: No
  • Total Actual Rent: 4000.00
  • Total Expenses: 16792.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Census Tract: 638.08
  • Tax Lot: 23
  • Tax Tract Number: 10821
  • TaxOtherAnnualAssessmentAmount: 1337.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2024 01/02/24 For Sale $1,250,000 -- $744 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP24000595

California Regional Multiple Listing Service (CRMLS)

APN: 422-175-23