NOT LISTED FOR SALE
22 Beds
14 Baths
10,316 Sq Ft
0.69 Acre Lot

Sale Details

Date Sold: February 10, 2023

Last sale price $5,250,000 $509 Per Sq Ft

49 Days on Market

Highlights

  • 0.69 Acre Lot
  • Double Pane Windows
  • Ceiling Fan
  • Kaiser Elementary School Rated A
  • Tile Flooring
  • Wall Furnace

About This Home

As of February 2023

Reduced 500k, Back on the Market. The subject property is a very attractive pride of ownership complex is located in East Side of Costa Mesa, First time on the Market. 8 single- level bungalows with attached garage and has washer, dryer hook ups. One Townhouse style has 3 bedrooms 2 3/4 bath 2 car garage. One Townhouse style 3 bedroom 2 1/2 bath and 2 car Garage. Additional one car garage is for owners storage. lot size is 30,202.

Last Agent to Sell the Property

Mo Usman

A1 Realty, Inc. License #01301545 Listed on: 10/18/2022

Co-Listed By

Scott Urschel

A1 Realty, Inc. License #01012626

Last Buyer's Agent

Kris Hsu

HOMESMART, EVERGREEN REALTY License #01381482

HOMESMART, EVERGREEN REALTY

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1959

Lot Details

  • 30,202 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre
  • 2522 orange

Parking

  • 12 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Raised Foundation
  • Slab Foundation
  • Composition Roof
  • Copper Plumbing

Interior Spaces

  • 10,316 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Entryway
  • Gas Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 22 Bedrooms
  • 14 Bathrooms

Laundry

  • Laundry in unit
  • Washer and Gas Dryer Hookup

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 121
  • Tax Tract Number 300
  • Assessor Parcel Number 43918108
  • $2,783 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 10 Units

Building Details

  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $3,900
  • Insurance Expense $5,832
  • Water Sewer Expense $2,000
  • Operating Expense $16,842
  • Gross Income $221,700
  • Net Operating Income $204,858

Property Details

Home Type

Apartment

Year Built

Built in 1959

Lot Details

0.69 Acres

Parking

12

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: apartment
  • View: No
  • Water Sewer Expenses: 2000.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 3900.00
  • Parcel Number: 43918108
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Copper Plumbing Full
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Levels: One, Two
  • Price Per Square Foot: 508.92
  • Room Type: All Bedrooms Down, Entry, Kitchen, Main Floor Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised, Slab
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 12.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 12.00

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: 2522 orange
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 30202.00
  • Lot Size Acres: 0.6933

Multi Family

  • Average2 Bed Area: 837 Square Feet
  • Gross Income: 221700.00
  • Gross Scheduled Income: 221700.00
  • Insurance Expense: 5832.00
  • Lot Size Area: 30202.0000 Square Feet
  • Net Operating Income: 204858.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 10
  • Operating Expense: 16842.00
  • Rent Control: No
  • Total Actual Rent: 18475.00
  • Total Expenses: 16842.00

Tax Info

  • Tax Census Tract: 631.02
  • Tax Lot: 121
  • Tax Tract Number: 300
  • TaxOtherAnnualAssessmentAmount: 2783.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2022
Closed on
Dec 27, 2022
Sold by
Bought by
Seller's Agent
Mo Usman
A1 Realty, Inc.
Buyer's Agent
Kris Hsu
HOMESMART, EVERGREEN REALTY
List Price
$6,000,000
Sold Price
$5,250,000
Premium/Discount to List
-$750,000
-12.5%
Views
48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
0.0627%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$5,250,000 Fidelity National Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,000,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/10/2023 02/10/23 Sold $5,250,000 0.0% $509 / Sq Ft
12/06/2022 12/06/22 Pending -- -- --
11/21/2022 11/21/22 Off Market $5,250,000 -- --
11/10/2022 11/10/22 For Sale $6,000,000 0.0% $582 / Sq Ft
11/03/2022 11/03/22 Pending -- -- --
11/01/2022 11/01/22 Price Changed $6,000,000 -7.7% $582 / Sq Ft
10/18/2022 10/18/22 For Sale $6,500,000 -- $630 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $31,591 $2,731,050 $2,453,900 $277,150
2024 $31,591 $2,677,500 $2,405,784 $271,716
2023 $28,837 $2,448,000 $2,193,260 $254,740
2022 $4,710 $163,708 $37,465 $126,243
2021 $4,472 $160,499 $36,731 $123,768
2020 $4,358 $158,854 $36,355 $122,499
2019 $4,244 $155,740 $35,642 $120,098
2018 $4,153 $152,687 $34,943 $117,744
2017 $4,109 $149,694 $34,258 $115,436
2016 $4,054 $146,759 $33,586 $113,173
2015 $4,017 $144,555 $33,081 $111,474
2014 $3,953 $141,724 $32,433 $109,291
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP22223994

California Regional Multiple Listing Service (CRMLS)

APN: 439-181-08

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