$1,900,000
SOLD DEC 11, 2024
5 Beds
5 Baths
2,941 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$646 Per Sq Ft

16% Below List Price

220 Days on Market

Highlights

  • Parking available for a boat
  • Golf Course Community
  • Second Garage
  • Heinz Kaiser Elementary School Rated A
  • Fishing
  • Gated Parking

About This Home

As of December 2024

Introducing 222 Costa Mesa St, a remarkable duplex that encapsulates the essence of coastal living in the highly desirable Eastside Costa Mesa neighborhood, adjacent to Newport Beach. This unique property, with its two separate entrances and addresses, offers an extraordinary opportunity for both homeownership and investment.

Unit 222 is an exquisite 4 bed, 4 bath residence that exudes luxury and sophistication. This expansive unit boasts its own yard, two separate 2-car garages, and generous living space. The gourmet kitchen, equipped with top-tier appliances including a Sub-Zero refrigerator and a 6-burner freestanding range, is an entertainer's dream. The travertine countertops add an elegant touch, while fireplaces in both the living room and the primary suite create a warm and inviting atmosphere. The spacious, light-filled bedrooms offer serene retreats for rest and relaxation.

Unit 220 is a charming 1 bed, 1 bath hideaway. This unit features its own private backyard, providing a tranquil outdoor sanctuary perfect for relaxation and entertaining.

This property’s dual-unit configuration makes it ideal for buyers looking to live in one unit while renting out the other, providing potential for additional income or accommodating multigenerational living arrangements.

Located just minutes from the pristine beaches of Newport, residents can easily embrace the coastal lifestyle. Enjoy outdoor activities in the nearby Back Bay, or indulge in world-class shopping at South Coast Plaza and Fashion Island. With convenient access to the 55 and 73 freeways, as well as PCH (Pacific Coast Highway), you’ll enjoy seamless connectivity to neighboring cities and attractions.

Last Agent to Sell the Property

Avedis Mossessian

Pacific Sotheby's Int'l Realty Brokerage Phone: 7146619824 License #02134173 Listed on: 04/15/2024

Pacific Sotheby's Int'l Realty

Co-Listed By

Sean Stanfield

Pacific Sotheby's Int'l Realty Brokerage Phone: 7146619824 License #01024996

Last Buyer's Agent

Richie Mikesell

Coldwell Banker Realty License #02194807

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950 | Remodeled

Lot Details

  • 7,405 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Direct Access Garage
  • 10 Open Parking Spaces
  • Second Garage
  • Parking Available
  • Side Facing Garage
  • Driveway
  • Gated Parking
  • Parking available for a boat
  • Controlled Entrance

Home Design

  • Duplex

Interior Spaces

  • 2,941 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Neighborhood Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Utilities

  • Cooling Available
  • Zoned Heating System
  • Natural Gas Connected

Additional Features

  • Exterior Lighting
  • Two Homes on a Lot

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 183
  • Tax Tract Number 516
  • Assessor Parcel Number 42627219
  • $1,423 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Eastside South Subdivision

Recreation

  • Golf Course Community
  • Fishing
  • Dog Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $2,500
  • Trash Expense $500
  • Operating Expense $3,000
  • Gross Income $95,940
  • Net Operating Income $86,440

Property Details

Home Type

Multi-Family

Year Built

Built in 1950 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Price Per Unit: 1124500
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Eastside South (ESCM)
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 42627219
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Entry Location: Front doors
  • Common Walls: 1 Common Wall
  • Entry Level: 2
  • Fireplace Features: Family Room, Primary Bedroom, Great Room
  • Levels: Two
  • Price Per Square Foot: 646.04
  • Room Type: Family Room, Main Floor Bedroom, Main Floor Primary Bedroom

Exterior Features

  • Other Structures: Second Garage, Second Garage Detached, Two On A Lot
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Boat, Controlled Entrance, Direct Garage Access, Driveway, Concrete, Paved, Garage Faces Side, Gated, Private
  • Total Parking Spaces: 14.00
  • Uncovered Spaces: 10.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Fireplace(s), Zoned
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 500.00
  • Water Source: Public
  • Cooling: Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Dog Park, Fishing, Golf, Hiking, Watersports, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 95940.00
  • Gross Scheduled Income: 95940.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 7405.0000 Square Feet
  • Net Operating Income: 86440.00
  • 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: 9500.00
  • Rent Control: No
  • Total Actual Rent: 7995.00
  • Total Expenses: 3000.00

Tax Info

  • Tax Census Tract: 632.02
  • Tax Lot: 183
  • Tax Tract Number: 516
  • TaxOtherAnnualAssessmentAmount: 1423.00

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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 Change Sq Ft Price
12/11/2024 12/11/24 Sold $1,900,000 -15.5% $646 / Sq Ft
11/19/2024 11/19/24 For Sale $2,249,000 +18.4% $765 / Sq Ft
11/18/2024 11/18/24 Off Market $1,900,000 -- --
08/17/2024 08/17/24 Price Changed $2,249,000 +2.5% $765 / Sq Ft
08/07/2024 08/07/24 For Sale $2,195,000 +15.5% $746 / Sq Ft
07/20/2024 07/20/24 Off Market $1,900,000 -- --
07/12/2024 07/12/24 For Sale $2,249,000 +18.4% $765 / Sq Ft
07/07/2024 07/07/24 Off Market $1,900,000 -- --
06/02/2024 06/02/24 Price Changed $2,249,000 -2.2% $765 / Sq Ft
04/15/2024 04/15/24 For Sale $2,300,000 +9.8% $782 / Sq Ft
11/05/2021 11/05/21 Sold $2,095,000 -2.3% $712 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
10/04/2021 10/04/21 Price Changed $2,145,000 -2.3% $729 / Sq Ft
07/13/2021 07/13/21 For Sale $2,195,000 -- $746 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24075018

California Regional Multiple Listing Service (CRMLS)

APN: 426-272-19