Seller's Agent in 2021
Tyler Leeson
Marcus & Millichap RE Invest
(949) 419-3200
1 in this area
168 Total Sales
2217 Harbor Blvd Costa Mesa, CA 92627
Westside Costa Mesa Neighborhood
5
Beds
4
Baths
64,452
Sq Ft
3.18
Acre Lot
Highlights
- 3.18 Acre Lot
- Landscaped
- Level Lot
- Community Pool
About This Home
As of June 2021Pacific Villas is an 84-unit multifamily investment property located at 533 West Wilson Street in Costa Mesa, one of the premier coastal housing markets in Southern California. Pacific Villas offers an excellent unit mix of 24, 1 bed/1 bath units, 36, 2 bed/1 bath units, and 24, 2 bed/1.5 bath townhome units, which helps to attract a diverse renter pool. Pacific Villas has recently been upgraded to the standard of a luxury apartment community, with improvements including a sparkling swimming pool, cozy BBQ and picnic areas, covered and open parking, on-site laundry, and controlled access (please contact Listing Agent for more details). Additionally, over 50% of the units have been fully upgraded with modern finishes including new stacked washers and dryers, range hood stoves, stainless steel appliances, lighting, and more (please contact Listing Agent for more details). NOTE: Pacific Villas has two legal addresses: 2217 Harbor Boulevard and 533 West Wilson Street.
Last Agent to Sell the Property
Marcus & Millichap RE Invest License #01451551 Listed on: 02/01/2021
Last Buyer's Agent
Marcus & Millichap RE Invest License #01451551 Listed on: 02/01/2021
Property Details
Home Type
- Apartment
Year Built
- Built in 1962
Lot Details
- 3.18 Acre Lot
- No Common Walls
- Landscaped
- Level Lot
Interior Spaces
- 64,452 Sq Ft Home
- 2-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Parking
- 70 Open Parking Spaces
- 152 Parking Spaces
- 82 Carport Spaces
Listing and Financial Details
- Tax Lot 29
- Tax Tract Number 247
- Assessor Parcel Number 42219313
Community Details
Overview
- 7 Buildings
- 84 Units
Amenities
- Laundry Facilities
Recreation
- Community Pool
Building Details
- 84 Leased Units
- Rent Control
- 84 Separate Electric Meters
- 84 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $17,325
- Fuel Expense $17,325
- Insurance Expense $21,771
- Maintenance Expense $42,000
- Other Expense $155,154
- Professional Management Expense $47,631
- Trash Expense $17,325
- Water Sewer Expense $17,325
- New Taxes Expense $361,642
- Operating Expense $697,498
- Gross Income $1,961,081
- Net Operating Income $1,207,739
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 06/08/2021 06/08/21 | Sold | $30,841,537 | -3.6% | $479 / Sq Ft |
| 02/22/2021 02/22/21 | Pending | -- | -- | -- |
| 02/01/2021 02/01/21 | For Sale | $32,000,000 | -- | $496 / 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 |
|---|---|---|---|---|
| 2025 | $380,898 | $33,383,869 | $27,971,709 | $5,412,160 |
| 2024 | $380,898 | $32,729,284 | $27,423,244 | $5,306,040 |
| 2023 | $370,525 | $32,087,534 | $26,885,534 | $5,202,000 |
| 2022 | $359,987 | $31,458,367 | $26,358,367 | $5,100,000 |
| 2021 | $334,628 | $29,432,999 | $18,682,597 | $10,750,402 |
| 2020 | $331,422 | $29,131,200 | $18,491,030 | $10,640,170 |
| 2019 | $324,971 | $28,560,000 | $18,128,460 | $10,431,540 |
| 2018 | $261,720 | $22,576,680 | $15,449,940 | $7,126,740 |
| 2017 | $257,207 | $22,134,000 | $15,147,000 | $6,987,000 |
| 2016 | $40,098 | $1,548,199 | $432,439 | $1,115,760 |
| 2015 | $39,554 | $1,524,944 | $425,943 | $1,099,001 |
| 2014 | $38,719 | $1,495,073 | $417,599 | $1,077,474 |
Source: Public Records
Agents Affiliated with this Home
-
Tyler Leeson
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC21021253
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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