NOT LISTED FOR SALE
7 Beds
6 Baths
3,160 Sq Ft
8,712 Sq Ft Lot

Last Sold July 02, 2018

Last sale price $1,740,000 $551 Per Sq Ft

16 Days on Market

Highlights

  • Traditional Architecture
  • Private Yard
  • Balcony
  • Heinz Kaiser Elementary School Rated A
  • No HOA
  • Laundry Room

About This Home

As of July 2018

Excellent income producing tri-plex with fantastic unit mix in low vacancy, high demand Eastside Costa Mesa. Property is fully leased. The front house is a detached single family home with 3 beds/2 baths. It enjoys a privately fenced yard and an attached 2-car garage with laundry hook-ups. The back 2 units are each 2 bedrooms/2 baths - rare indeed to have the extra bathrooms. Recently remodeled, each unit benefits from large outdoor space: downstairs has a grassy yard, upstairs a huge deck. Both rear units have single-car garages and off street parking, and share a laundry room. Close to great schools, parks, retail and entertainment, Back Bay Trails, freeway access, world-class surfing beaches and all the things tenants desire. All units are separately metered and this property lays out well for all its residents. It is a dream to manage - perfect for a 1031 exchange, a new investment, or to live in one unit and have the others to pay the mortgage.

Last Agent to Sell the Property

Grant Bixby

Compass License #01364572 Listed on: 05/24/2018

Compass

Last Buyer's Agent

Johnny Klichan

Newport Real Estate Co. License #01088003

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976 | Remodeled

Lot Details

  • 8,712 Sq Ft Lot
  • 1 Common Wall
  • Rectangular Lot
  • Private Yard

Parking

  • 4 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Property Attached
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,160 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Kitchen

  • Gas Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 15026
  • Assessor Parcel Number 11909246

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1976 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Eastside North (ENCM)
  • Architectural Style: Ranch, Traditional
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 11909246
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 550.63

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Concrete, Garage
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Water Heater
  • Heating Type: Forced Air
  • Laundry Features: Community, Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Yard
  • Lot Size Sq Ft: 8712.00

Multi Family

  • Gross Scheduled Income: 98280.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Dishwasher: 3
  • Number With Range: 3
  • Rent Control: No

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 15026

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
07/02/2018 07/02/18 Sold $1,740,000 -0.5% $551 / Sq Ft
06/09/2018 06/09/18 Pending -- -- --
05/24/2018 05/24/18 For Sale $1,749,000 0.0% $553 / Sq Ft
04/23/2018 04/23/18 Rented $2,495 0.0% --
04/11/2018 04/11/18 For Rent $2,495 0.0% --
07/08/2015 07/08/15 Sold $1,350,000 0.0% $283 / Sq Ft
06/09/2015 06/09/15 Pending -- -- --
06/03/2015 06/03/15 For Sale $1,350,000 -- $283 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18119543

California Regional Multiple Listing Service (CRMLS)

APN: 119-092-46