NOT LISTED FOR SALE

233 Costa Mesa St Costa Mesa, CA 92627

Downtown Costa Mesa Neighborhood
6 Beds
3 Baths
2,160 Sq Ft
8,712 Sq Ft Lot

Last Sold June 28, 2024

Last sale price $2,180,000 $1,009 Per Sq Ft

41 Days on Market

Highlights

  • No Units Above
  • All Bedrooms Downstairs
  • Lawn
  • Heinz Kaiser Elementary School Rated A
  • Granite Countertops
  • No HOA

About This Home

As of June 2024

Rare Eastside Costa Mesa TRIPLEX Property is on the market for the first time in decades. Currently configured as 3 Single Level Bungalows: each unit is a 2 Bedroom, 1 Bathroom, Single Level property with approx 700 sqft of space. Each unit has some exterior space. Unit A has a large yard. A 3 Car detached garage offers each unit a 1 car garage and there is a community laundry room attached to the garage (app operated for additional landlord income). The property is grandfathered as a triplex, but is currently zoned R-1 Residential. Location, Location, Location... in the great eastside Costa Mesa neighborhood behind Mother's Market at 19th and Newport Blvd. Lot size is 8,813 sqft per the assessor. All units are occupied and rented. Newport Harbor Schools.

Last Agent to Sell the Property

Meredith Lancona

Legacy 15 Real Estate Brokers Brokerage Phone: 949-257-9480 License #01415935 Listed on: 04/13/2024

Co-Listed By

Tanner Lancona

Legacy 15 Real Estate Brokers Brokerage Phone: 949-257-9480 License #02040007

Last Buyer's Agent

Meredith Lancona

Legacy 15 Real Estate Brokers Brokerage Phone: 949-257-9480 License #01415935 Listed on: 04/13/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954 | Remodeled

Lot Details

  • 8,712 Sq Ft Lot
  • No Units Above
  • Two or More Common Walls
  • Wood Fence
  • Level Lot
  • Lawn

Parking

  • 3 Car Garage
  • Parking Available
  • Three Garage Doors

Home Design

  • Triplex
  • Bungalow
  • Entry on the 1st floor
  • Stucco

Interior Spaces

  • 2,160 Sq Ft Home
  • 2-Story Property
  • Living Room

Kitchen

  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 173
  • Tax Tract Number 516
  • Assessor Parcel Number 42627111
  • $2,052 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units
  • Eastside Central Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $5,000
  • Operating Expense $5,000
  • Net Operating Income $107,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1954 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Eastside Heights (EHCM)
  • View: No
  • Architectural Style: Bungalow
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 42627111
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Interior Amenities: Granite Counters
  • Stories: 2
  • Common Walls: 2+ Common Walls, No One Above
  • Flooring: Laminate, Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 1009.26
  • Room Type: All Bedrooms Down, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Three Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Forced Air
  • Laundry Features: Community, In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn, Level with Street
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000
  • Latitude Manual: 33.64059700

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Average2 Bed Area: 700 Square Feet
  • Gross Scheduled Income: 107100.00
  • Insurance Expense: 5000.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 1000.00
  • Lot Size Area: 8712.0000 Square Feet
  • Net Operating Income: 107100.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Rent Control: No
  • Total Actual Rent: 8925.00
  • Total Expenses: 5000.00

Tax Info

  • Tax Census Tract: 632.02
  • Tax Lot: 173
  • Tax Tract Number: 516
  • TaxOtherAnnualAssessmentAmount: 2052.00

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
06/28/2024 06/28/24 Sold $2,180,000 -0.9% $1,009 / Sq Ft
04/13/2024 04/13/24 For Sale $2,200,000 -- $1,019 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Meredith Lancona

    Seller's Agent in 2024

    Meredith Lancona

    Legacy 15 Real Estate Brokers

    (949) 858-8297

    1 in this area

    110 Total Sales

    Meredith Lancona
    Section Image

  • T

    Seller Co-Listing Agent in 2024

    Tanner Lancona

    Legacy 15 Real Estate Brokers

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24073791

California Regional Multiple Listing Service (CRMLS)

APN: 426-271-11

California Orange County Costa Mesa 92627 Downtown Costa Mesa

233 Costa Mesa St, Costa Mesa, CA

Not Listed for Sale

MultiFamily

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