NOT LISTED FOR SALE

259 Flower St Costa Mesa, CA 92627

Downtown Costa Mesa Neighborhood
4 Beds
3 Baths
1,605 Sq Ft
5,663 Sq Ft Lot

Last Sold April 23, 2021

Last sale price $1,535,000 $956 Per Sq Ft

5 Days on Market

Highlights

  • Property is Fully Fenced
  • Level Lot
  • 1-Story Property
  • Heinz Kaiser Elementary School Rated A

About This Home

As of April 2021

Wonderful duplex located on a picturesque street in East Side Coast Mesa. 259-261 Flower St has two units: The completely remodeled 3 bedroom 1.5 bathroom rear unit has been highly upgraded with a soft contemporary palate; laminate wood floors, stone bathrooms, modern kitchen that opens to the living room and a very nice private patio and yard. The front unit is a very cute 1 bed 1 bath also with a private patio. Both front and back have access to the large, very pretty, grass yard with additional front patio spaces dedicated to their units. The property has a great carport that will accommodate 3 plus cars. Walking distance to the 17th Street downtown and/or Triangle Square. Minutes to the beach and freeways. Great for Owner Occupied or Investor!

Last Listed By

Bern McGovern

Real Broker License #01905334 Listed on: 01/30/2021

Real Broker

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • Property is Fully Fenced
  • Level Lot
  • Sprinkler System

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas/propane, water
  • Assessor Parcel Number 117-213-25

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Costa Mesa Community

Building Details

  • Net Operating Income $47,911

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Cross Street: Westminster & Flower
  • Neighborhood: Eastside Costa Mesa
  • Supplement: Both front and back have access to the large, very pretty, grass yard with additional front patio spaces dedicated to their units. The property has a great carport that will accommodate 3 plus cars. Walking distance to the 17th Street downtown and/or Triangle Square. Minutes to the beach and freeways. Great for Owner Occupied or Investor!
  • Stories: 1 Story
  • Sale Price List Price: 0.96
  • Total Stories: 1
  • Year Built: 1955
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Roof: Composition

Utilities

  • Water: Available
  • Water Heater Type: Gas
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Complex Name: Costa Mesa

Lot Info

  • Irrigation: Sprinklers
  • Lot Size: 4,000-7,499 SF
  • Topography: Level
  • Assessor Parcel Number: 117-213-25

Rental Info

  • Tenant Pays: Electricity, Gas/Propane, Water

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 47911
  • Annual Expense Actual: 20489
  • Gross Rent Multiplier Actual: 23.39
  • Gross Sched Income Actual: 68400
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

Range of Values:

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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 Change Sq Ft Price
04/23/2021 04/23/21 Sold $1,535,000 -4.0% $956 / Sq Ft
02/05/2021 02/05/21 Pending -- -- --
01/30/2021 01/30/21 For Sale $1,599,000 +20.7% $996 / Sq Ft
06/15/2017 06/15/17 Sold $1,325,000 0.0% $939 / Sq Ft
05/30/2017 05/30/17 Pending -- -- --
05/22/2017 05/22/17 For Sale $1,325,000 +49.0% $939 / Sq Ft
05/01/2015 05/01/15 Sold $889,000 -1.1% $593 / Sq Ft
02/20/2015 02/20/15 Pending -- -- --
02/13/2015 02/13/15 For Sale $899,000 -- $599 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Bern McGovern

    Seller's Agent in 2021

    Bern McGovern

    Real Broker

    (858) 900-1797

    1 in this area

    122 Total Sales

    Bern McGovern
    Section Image
  • Chris Moreno

    Seller's Agent in 2017

    Chris Moreno

    Surterre Properties Inc.

    (949) 280-6357

    3 in this area

    58 Total Sales

    Chris Moreno
    Section Image

  • C

    Seller Co-Listing Agent in 2017

    Cassie Hammond

    Surterre Properties Inc.

    (949) 500-5569

    2 in this area

    27 Total Sales

    Cassie Hammond
    Section Image

  • K

    Buyer's Agent in 2017

    Kelly Lidgard

    Lidgard Real Estate Services

  • Tori Rimlinger

    Seller's Agent in 2015

    Tori Rimlinger

    Compass

    (949) 378-6200

    2 in this area

    43 Total Sales

    Tori Rimlinger
    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 210002481

San Diego MLS

APN: 117-213-25

California Orange County Costa Mesa 92627 Downtown Costa Mesa

259 Flower St, Costa Mesa, CA

This home is located at 259 Flower St, Costa Mesa, CA 92627 since 30 January 2021. This property was built in 1955. 259 Flower St is a home located in Orange County with nearby schools including Heinz Kaiser Elementary School, Woodland Elementary School, and Horace Ensign Intermediate School.

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