NOT LISTED FOR SALE
2 Beds
2 Baths
944 Sq Ft
8,250 Sq Ft Lot

Last Sold April 03, 2012

Last sale price $384,500 $407 Per Sq Ft

163 Days on Market

Highlights

  • Wooded Lot
  • Bungalow
  • No Heating
  • Heinz Kaiser Elementary School Rated A

About This Home

As of April 2012

Eastside Costa Mesa Duplex! Strong rental area, property is a single family home converted to a studio and 2bd on a large 8,250 square foot lot with two detached storage sheds. Land use is Multi Family...Lot enjoys privacy and easement through front lot for access. Perfect opportunity to purchase along with the front 4-plex if you desire (not required), MLS# U11004423. Convenient location between Santa Isabella and Monte Vista. Surrounded by newer homes/condo's and well maintained units. Be an owner occupant, live in one, rent the others out. Tons of options!!! Owner is ready to sell!

Last Agent to Sell the Property

Marcus Gualter

Coldwell Banker Realty License #01079157 Listed on: 10/11/2011

Coldwell Banker Realty

Last Buyer's Agent

Carmela Phillips

Villa Real Estate License #01032860

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 8,250 Sq Ft Lot
  • Lot Dimensions are 66x125
  • Wooded Lot

Home Design

  • 944 Sq Ft Home
  • Bungalow
  • Shingle Roof
  • Composition Roof

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 3 Parking Spaces
  • Shared Driveway

Utilities

  • No Heating

Listing and Financial Details

  • Tax Lot 60
  • Tax Tract Number 300
  • Assessor Parcel Number 43928133

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $21
  • Gardener Expense $390
  • Insurance Expense $800
  • Maintenance Expense $676
  • Pest Control $357
  • Professional Management Expense $395
  • Trash Expense $903
  • Water Sewer Expense $661
  • New Taxes Expense $2,501
  • Gross Income $1,950
  • Net Operating Income $12,228

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 2.47
  • Professional Management Expense: 395.00
  • View: No
  • Water Sewer Expenses: 661.00
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Gardener Expense: 390.00
  • Parcel Number: 43928133
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 407.31

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No

Garage/Parking

  • Parking: No
  • Parking Features: Shared Driveway
  • Total Parking Spaces: 3.00

Utilities

  • Heating: No
  • Laundry: No
  • Pest Control Expense: 357.00
  • Trash Expense: 903.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Treed Lot
  • Lot Size: 66x125
  • Lot Size Sq Ft: 8250.00
  • Lot Size Acres: 0.1890

Multi Family

  • Electric Expense: 21.00
  • Gross Income: 1950.00
  • Gross Multiplier: 21.15
  • Gross Scheduled Income: 23400.00
  • Insurance Expense: 800.00
  • Lot Size Area: 8250.0000 Square Feet
  • Maintenance Expense: 676.00
  • Net Operating Income: 12228.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 10002.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 2501.00
  • Tax Area: 15026
  • Tax Lot: 60
  • Tax Rate: 1.04
  • Tax Tract Number: 300

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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Average Value
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List Price
Sold Price
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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
04/03/2012 04/03/12 Sold $384,500 -44.7% $407 / Sq Ft
03/22/2012 03/22/12 Pending -- -- --
10/11/2011 10/11/11 For Sale $695,000 -- $736 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $13,084 $1,002,327 $753,636 $248,691
2024 $13,084 $982,674 $738,859 $243,815
2023 $12,648 $963,406 $724,371 $239,035
2022 $12,334 $944,516 $710,167 $234,349
2021 $11,978 $925,997 $696,243 $229,754
2020 $11,807 $916,503 $689,104 $227,399
2019 $11,541 $898,533 $675,592 $222,941
2018 $11,304 $880,915 $662,345 $218,570
2017 $11,128 $863,643 $649,358 $214,285
2016 $10,906 $846,709 $636,625 $210,084
2015 $10,804 $833,991 $627,062 $206,929
2014 $10,574 $817,655 $614,779 $202,876
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U11004422

California Regional Multiple Listing Service (CRMLS)

APN: 439-281-32