$1,740,000
SOLD JUN 2, 2023 RENTED OCT 22, 2024
6 Beds
3 Baths
2,160 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$806 Per Sq Ft

3% Below List Price

102 Days on Market

Highlights

  • No Units Above
  • No HOA
  • Laundry Room
  • Heinz Kaiser Elementary School Rated A
  • Living Room
  • Accessible Parking

About This Home

As of June 2023

Welcome to 241 Costa Mesa Street, located in the highly sought-after Eastside Costa Mesa. The property is a single-level triplex with three 2-bedroom, 1-bath units, each with 720 square feet of living space. Each unit has its own patio area and laundry space and is individually metered for electricity and natural gas. There are three detached single-car garages and a parking place in front of each garage. Centrally located minutes away from the Triangle Square shopping center, the Newport Beaches, and just 5 miles from John Wayne Airport (SNA). The property is being sold "As Is." Great investment opportunity!

Last Agent to Sell the Property

Gene Turley

Coldwell Banker Realty License #01951735 Listed on: 01/09/2023

Coldwell Banker Realty

Last Buyer's Agent

Emma Rake

Real Brokerage Technologies License #02106517

Real Brokerage Technologies

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 8,712 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • West Facing Home
  • Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage
  • Parking Available
  • Single Garage Door
  • Parking Lot

Home Design

  • Triplex
  • Turnkey
  • Shingle Roof

Interior Spaces

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

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Accessible Home Design

  • Doors swing in
  • Accessible Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, insurance, telephone
  • Tax Lot 173
  • Tax Tract Number 516
  • Assessor Parcel Number 42627113

Community Details

Overview

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

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $81,840

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Price Per Unit: 600000
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Eastside Central (ECCM)
  • View: No
  • Property Condition: Turnkey
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 42627113
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Entry Location: First
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Accessibility Features: Doors - Swing In, Parking
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 805.56
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • Direction Faces: West
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage - Single Door, Parking Space
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Front Yard, Lot 6500-9999
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Rental Info

  • Garage Rental Rate: 300.00
  • Tenant Pays: Cable TV, Electricity, Gas, Insurance, Telephone

Multi Family

  • Average2 Bed Area: 720 Square Feet
  • Gross Income: 81840.00
  • Gross Scheduled Income: 81840.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 8712.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Disposal: 3
  • Number With Patio: 3
  • Number With Range: 3
  • Operating Expense: 5000.00
  • Rent Control: No
  • Total Actual Rent: 6820.00

Tax Info

  • Tax Area: 15007
  • Tax Census Tract: 632.02
  • Tax Lot: 173
  • Tax Tract Number: 516

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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
10/22/2024 10/22/24 Rented $3,590 0.0% --
09/19/2024 09/19/24 Price Changed $3,590 +4.1% $5 / Sq Ft
09/18/2024 09/18/24 Rented $3,450 -3.9% --
09/17/2024 09/17/24 Under Contract -- -- --
09/04/2024 09/04/24 Price Changed $3,590 -3.0% $5 / Sq Ft
08/23/2024 08/23/24 For Rent $3,700 +8.8% --
08/21/2024 08/21/24 Under Contract -- -- --
08/19/2024 08/19/24 Rented $3,400 -8.1% --
08/06/2024 08/06/24 Under Contract -- -- --
08/02/2024 08/02/24 For Rent $3,700 0.0% --
07/21/2024 07/21/24 For Rent $3,700 0.0% --
07/18/2024 07/18/24 Rented $3,700 0.0% --
07/05/2024 07/05/24 For Rent $3,700 0.0% --
06/25/2024 06/25/24 For Rent $3,700 0.0% --
06/02/2023 06/02/23 Sold $1,740,000 -3.3% $806 / Sq Ft
04/21/2023 04/21/23 Pending -- -- --
04/13/2023 04/13/23 For Sale $1,800,000 +3.4% $833 / Sq Ft
02/19/2023 02/19/23 Off Market $1,740,000 -- --
01/09/2023 01/09/23 For Sale $1,800,000 -- $833 / 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: OC22250810

California Regional Multiple Listing Service (CRMLS)

APN: 426-271-13