Seller's Agent in 2018
Tim Carr
Pacific Sotheby's Int'l Realty
(949) 230-8454
18 in this area
141 Total Sales
223 23rd St Costa Mesa, CA 92627
Eastside Costa Mesa NeighborhoodEstimated Value: $1,651,000 - $3,640,000
10
Beds
5
Baths
4,305
Sq Ft
$658/Sq Ft
Est. Value
Highlights
- 21,018 Sq Ft lot
- Private Yard
- 1-Story Property
- Kaiser Elementary School Rated A
- Wall Furnace
About This Home
As of November 2018223 and 225 23rd Street consist of five free-standing cottages on a 20,000+ SF lot in desirable, quiet Eastside Costa Mesa! R-1 zoning. There are 3 two bedroom units, 1 three bedroom unit, and a one bedroom. Each cottage has one bath. Four have private single car garages. Cottages are also very private, and some have large, private yards. Current rents are substantially below market- please refer to pro forma rents. This is a great opportunity to build value by remodeling the current units or keeping as-is. The excellent location is close to freeways, the back bay trail system, great restaurants and shopping on 17th Street, and just a few miles to the sandy beaches of Newport! Inspection of interior units is subject to accepted offer.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1920
Lot Details
- 21,018 Sq Ft Lot
- No Common Walls
- Private Yard
Parking
- 4 Car Garage
Interior Spaces
- 4,305 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 10 Bedrooms
- 5 Bathrooms
Laundry
- Laundry in unit
- Washer and Gas Dryer Hookup
Additional Features
- Exterior Lighting
- Wall Furnace
Listing and Financial Details
- Tax Lot 323
- Tax Tract Number 516
- Assessor Parcel Number 42607406
Community Details
Overview
- 5 Buildings
- 5 Units
Building Details
- 5 Leased Units
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Other Expense $4,133
- Pest Control $420
- Professional Management Expense $4,686
- Water Sewer Expense $1,822
- Operating Expense $11,061
- Net Operating Income $87,699
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
Closed on
Dec 3, 2024
Sold by
Bought by
Current Estimated Value
Purchase Details
Listed on
Sep 27, 2018
Closed on
Oct 23, 2018
Sold by
Bought by
Seller's Agent
Tim Carr
Pacific Sotheby's Int'l Realty
Buyer's Agent
Tim Carr
Pacific Sotheby's Int'l Realty
List Price
$2,395,000
Sold Price
$2,397,500
Premium/Discount to List
$2,500
0.1%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.18%
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| -- | None Listed On Document | ||
| $2,397,500 | North American Title Co |
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 |
|---|---|---|---|---|
| 11/09/2018 11/09/18 | Sold | $2,397,500 | +0.1% | $557 / Sq Ft |
| 09/27/2018 09/27/18 | For Sale | $2,395,000 | -- | $556 / 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 | $31,605 | $2,674,454 | $2,485,058 | $189,396 |
| 2024 | $31,605 | $2,622,014 | $2,436,331 | $185,683 |
| 2023 | $30,579 | $2,570,602 | $2,388,559 | $182,043 |
| 2022 | $29,666 | $2,520,199 | $2,341,725 | $178,474 |
| 2021 | $28,776 | $2,470,784 | $2,295,809 | $174,975 |
| 2020 | $28,429 | $2,445,450 | $2,272,269 | $173,181 |
| 2019 | $27,809 | $2,397,500 | $2,227,714 | $169,786 |
| 2018 | $4,132 | $151,097 | $54,057 | $97,040 |
| 2017 | $4,089 | $148,135 | $52,997 | $95,138 |
| 2016 | $4,035 | $145,231 | $51,958 | $93,273 |
| 2015 | $3,997 | $143,050 | $51,178 | $91,872 |
| 2014 | $3,934 | $140,248 | $50,175 | $90,073 |
Source: Public Records
Agents Affiliated with this Home
-
Tim Carr
-
Sue Young
Seller Co-Listing Agent in 2018
Sue Young
Compass
(949) 395-5112
11 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP18235734
APN: 426-074-06
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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