NOT LISTED FOR SALE
2 Beds
1 Bath
3,624 Sq Ft
0.34 Acres

Last Sold May 03, 2021

Last sale price $2,200,000 $607 Per Sq Ft

Highlights

  • 0.34 Acre Lot
  • Private Yard
  • Laundry Room
  • Heinz Kaiser Elementary School Rated A
  • No HOA
  • Ceiling Fan

About This Home

As of May 2021

Located in the highly desirable Eastside Costa Mesa area this fourplex offers four detached 2 bedroom, 1 bathroom cottage style homes situated on an over 14,000 sq ft lot. Each unit has been been updated with newer flooring, remodeled kitchens and baths and newer roofs. Each cottage offers an individual large private yard, single car garage, separate meters for gas and electric, and individual washer and dryer hook ups. Unit D has an additional detached room that can easily be used as an office. Ideally located close to 17th street shops and restaurants.

Last Agent to Sell the Property

Jon Dishon

Arbor Real Estate License #01192701 Listed on: 05/02/2021

Arbor Real Estate

Co-Listed By

Nicole Dishon

Arbor Real Estate License #01275311

Last Buyer's Agent

Jon Dishon

Arbor Real Estate License #01192701 Listed on: 05/02/2021

Arbor Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 0.34 Acre Lot
  • No Common Walls
  • Masonry wall
  • Vinyl Fence
  • Rectangular Lot
  • Level Lot
  • Private Yard
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 3,624 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 122
  • Tax Tract Number 300
  • Assessor Parcel Number 43919244

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units
  • Eastside North Subdivision

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $900
  • Insurance Expense $2,000
  • Water Sewer Expense $900
  • New Taxes Expense $25,245
  • Operating Expense $29,045
  • Gross Income $120,000
  • Net Operating Income $98,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Parking

4

Listing Details

  • CapRate: 4.00
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: Eastside North (ENCM)
  • Water Sewer Expenses: 900.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 43919244
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 607.06

Exterior Features

  • Fence: Yes
  • Fencing: Masonry, Vinyl
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Level with Street, Rectangular Lot, Yard
  • Lot Size Sq Ft: 14810.00
  • Lot Size Acres: 0.3400

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 120000.00
  • Gross Scheduled Income: 120000.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 14810.0000 Square Feet
  • Net Operating Income: 98200.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Range: 4
  • Operating Expense: 21800.00
  • Rent Control: No
  • Total Expenses: 29045.00

Tax Info

  • New Taxes Expense: 25245.00
  • Tax Census Tract: 631.02
  • Tax Lot: 122
  • Tax Tract Number: 300

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
05/03/2021 05/03/21 Sold $2,200,000 0.0% $607 / Sq Ft
05/02/2021 05/02/21 Pending -- -- --
05/02/2021 05/02/21 For Sale $2,200,000 -- $607 / 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: NP21093026

California Regional Multiple Listing Service (CRMLS)