Suzanne Goldman
Coldwell Banker Realty
(949) 867-6693
23 Total Sales
1 in Eastside Costa Mesa
$2,525,000 Price
2641 Elden Ave Costa Mesa, CA 92627
Eastside Costa Mesa Neighborhood
11
Beds
4
Baths
3,738
Sq Ft
0.45
Acre Lot
Highlights
- 0.45 Acre Lot
- Near a National Forest
- Hiking Trails
- Kaiser Elementary School Rated A
- No HOA
- Horse Trails
About This Home
As of March 2024We are pleased to present a rare Eastside Costa Mesa Fourplex. Built in 1955, 2641 Elden Avenue is comprised of four detached cottages on a massive 19,809SF parcel. Three of the units are 3-Bedroom/1-Bathroom units, two of which have 2-Car Garages. The other 3-Bedroom unit has an attached 1-Car Garage. The 2-Bedroom unit has an attached carport designated for the unit. Each of the units offer tenants washer/dryer hook-ups, large private yards, and ample parking outside of the garages and carport.
This is the first time in over 40 years that the property has been offered for sale and represents an incredible opportunity for an investor to renovate and push rents to market, add ADU units, or develop new housing stock.
Last Agent to Sell the Property
Nick Gould
Morgan Skenderian License #01521955 Listed on: 11/27/2023
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Property Details
Home Type
- Apartment
Year Built
- Built in 1955
Lot Details
- 19,809 Sq Ft Lot
- No Common Walls
- Density is 2-5 Units/Acre
Parking
- 5 Open Parking Spaces
- 5 Car Garage
- 2 Carport Spaces
Home Design
- Entry on the 1st floor
Interior Spaces
- 3,738 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Washer and Gas Dryer Hookup
Bedrooms and Bathrooms
- 11 Bedrooms
- 4 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 21
- Tax Tract Number 376
- Assessor Parcel Number 43907121
- $2,405 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Buildings
- 4 Units
- Near a National Forest
Amenities
- Laundry Facilities
Recreation
- Horse Trails
- Hiking Trails
- Bike Trail
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,098
- Trash Expense $1,500
- Water Sewer Expense $1,118
- Operating Expense $46,836
- Gross Income $135,960
- Net Operating Income $85,045
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Eastside Costa Mesa, CA
-
Suzanne Goldman
-
Ahmad Alhakeem
Ahmad Alhakeem
WERE Real Estate Inc
(949) 390-6883
6 Total Sales
1 in Eastside Costa Mesa
$1,215,000 Price
-
Patty Wisdom
Patty Wisdom
Realty One Group West
(562) 501-3599
26 Total Sales
1 in Eastside Costa Mesa
$1,525,000 Price
-
Kimber Wuerfel
Kimber Wuerfel
Kimber/Alana Boutique Real Estate
(657) 220-6340
115 Total Sales
2 in Eastside Costa Mesa
$1.2M - $2.4M Price Range
-
Drew D'Angelo
Drew D'Angelo
Kase Real Estate
(949) 867-6319
75 Total Sales
3 in Eastside Costa Mesa
$1.1M - $2M Price Range
-
Selene Hanna
Selene Hanna
Alt Financial Network Inc
(657) 300-4351
44 Total Sales
1 in Eastside Costa Mesa
$925,000 Price
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 |
|---|---|---|---|
| -- | None Listed On Document | ||
| Safai Farrokh | $2,585,500 | Chicago Title Company | |
| Safai Farrokh | -- | Chicago Title Company | |
| Cannizzo Roy P | -- | None Available | |
| Moon Lucy S | -- | None Available | |
| Cannizzo Teresa A | -- | None Available | |
| Cannizzo Teresa A | -- | American Title Co |
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 | $1,286,000 | ||
| Previous Owner | Cannizzo Teresa A | $350,000 |
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 |
|---|---|---|---|---|
| 03/04/2024 03/04/24 | Sold | $2,585,420 | -8.6% | $692 / Sq Ft |
| 01/16/2024 01/16/24 | Pending | -- | -- | -- |
| 11/27/2023 11/27/23 | For Sale | $2,829,000 | -- | $757 / 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 |
|---|---|---|---|---|
| 2026 | $30,534 | $2,689,870 | $2,514,558 | $175,312 |
| 2025 | $5,493 | $2,637,128 | $2,465,253 | $171,875 |
| 2024 | $5,493 | $260,787 | $126,090 | $134,697 |
| 2023 | $5,234 | $255,674 | $123,618 | $132,056 |
| 2022 | $5,041 | $250,661 | $121,194 | $129,467 |
| 2021 | $4,825 | $245,747 | $118,818 | $126,929 |
| 2020 | $4,722 | $243,228 | $117,600 | $125,628 |
| 2019 | $4,605 | $238,459 | $115,294 | $123,165 |
| 2018 | $4,508 | $233,784 | $113,034 | $120,750 |
| 2017 | $4,452 | $229,200 | $110,817 | $118,383 |
| 2016 | $4,381 | $224,706 | $108,644 | $116,062 |
| 2015 | $4,340 | $221,331 | $107,012 | $114,319 |
| 2014 | $4,262 | $216,996 | $104,916 | $112,080 |
Source: Public Records
Agents Affiliated with this Home
-
NG
Seller's Agent in 2024
Nick Gould
Morgan Skenderian
-
Ken Morgan
Seller Co-Listing Agent in 2024
Ken Morgan
Morgan Skenderian
(714) 290-9090
1 in this area
4 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW23216796
APN: 439-071-21
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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