273 Costa Mesa St Unit A Costa Mesa, CA 92627
Downtown Costa Mesa Neighborhood
5
Beds
3
Baths
2,352
Sq Ft
8,276
Sq Ft Lot
Highlights
- No HOA
- Laundry Room
- 1-Story Property
- Heinz Kaiser Elementary School Rated A
About This Home
As of September 2021We are pleased to present 273 Costa Mesa Street, a 3-unit investment opportunity, located in the heart of the vibrant Eastside Costa Mesa submarket. The property has never before been listed for sale and is being offered by the original builder's family. All three units are single story with a private patio or enclosed yard. The 2-Bedroom/1-Bathroom cottage, located at the back of the property, is detached and could fit nicely as an owner’s unit. The duplex units are ready for your investment to rehab and take rents to a market rate. This is a truly generational opportunity to acquire and add value to a property in one of Orange County's best neighborhoods.
The Seller may consider carrying the First Trust Deed financing for a qualified Buyer. Please contact Listing Agents to discuss.
Last Agent to Sell the Property
Nick Gould
Morgan Skenderian License #01521955 Listed on: 06/08/2021
Last Buyer's Agent
Nick Gould
Morgan Skenderian License #01521955 Listed on: 06/08/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $23,160
Year Built
- Built in 1956
Lot Details
- 8,276 Sq Ft Lot
- No Common Walls
- Density is 2-5 Units/Acre
Parking
- 3 Car Garage
Interior Spaces
- 2,352 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Gas Dryer Hookup
Outdoor Features
- Rain Gutters
Listing and Financial Details
- Tax Lot 174
- Tax Tract Number 516
- Assessor Parcel Number 42628105
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $600
- Insurance Expense $1,300
- Maintenance Expense $2,440
- Other Expense $2,700
- New Taxes Expense $18,463
- Operating Expense $25,503
- Gross Income $47,339
- Net Operating Income $21,836
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 9, 2024
Sold by
Mohr Steve and Mohr Cammy
Bought by
Mohr Steve and Mohr Cammy
Current Estimated Value
Purchase Details
Listed on
Jun 8, 2021
Closed on
Sep 9, 2021
Sold by
Tahara Thomas M
Bought by
Mohr Steve and Mohr Cammy
Seller's Agent
Nick Gould
Morgan Skenderian
Buyer's Agent
Nick Gould
Morgan Skenderian
List Price
$1,600,000
Sold Price
$1,681,875
Premium/Discount to List
$81,875
5.12%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.83%
Original Mortgage
$1,345,500
Interest Rate
2.8%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Nov 23, 2015
Sold by
Tahara Thomas M and Tahara Philip S
Bought by
Tahara Thomas M
Purchase Details
Closed on
Oct 24, 2002
Sold by
Tahara Misao
Bought by
Tahara Misao and Tahara Thomas M
Similar Homes in Costa Mesa, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | First American Title | |
| Grant Deed | $1,682,000 | Ticor Title Company Of Ca | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,345,500 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/28/2024 07/28/24 | Rented | $4,550 | -3.1% | -- |
| 07/14/2024 07/14/24 | Price Changed | $4,695 | -2.1% | $6 / Sq Ft |
| 07/09/2024 07/09/24 | For Rent | $4,795 | +0.9% | -- |
| 10/16/2023 10/16/23 | Rented | $4,750 | 0.0% | -- |
| 09/13/2023 09/13/23 | Price Changed | $4,750 | -4.0% | $6 / Sq Ft |
| 08/28/2023 08/28/23 | For Rent | $4,950 | 0.0% | -- |
| 09/22/2021 09/22/21 | Sold | $1,681,875 | +5.1% | $715 / Sq Ft |
| 07/23/2021 07/23/21 | Pending | -- | -- | -- |
| 06/08/2021 06/08/21 | For Sale | $1,600,000 | -- | $680 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $23,160 | $1,989,195 | $1,665,922 | $323,273 |
| 2023 | $20,027 | $1,715,512 | $1,633,257 | $82,255 |
| 2022 | $19,539 | $1,681,875 | $1,601,232 | $80,643 |
| 2021 | $2,509 | $79,153 | $25,188 | $53,965 |
| 2020 | $2,442 | $78,342 | $24,930 | $53,412 |
| 2019 | $2,378 | $76,806 | $24,441 | $52,365 |
| 2018 | $2,326 | $75,300 | $23,961 | $51,339 |
| 2017 | $2,303 | $73,824 | $23,491 | $50,333 |
| 2016 | $2,274 | $72,377 | $23,030 | $49,347 |
| 2015 | $2,253 | $71,290 | $22,684 | $48,606 |
| 2014 | $2,218 | $69,894 | $22,240 | $47,654 |
Source: Public Records
Agents Affiliated with this Home
-
E
Seller's Agent in 2024
Evan Balsis
Coldwell Banker Realty
(949) 939-1885
1 in this area
41 Total Sales
-
N
Seller's Agent in 2021
Nick Gould
Morgan Skenderian
-
Seller Co-Listing Agent in 2021
Damien Breaux
Morgan Skenderian
(949) 584-0503
2 in this area
40 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW21124064
APN: 426-281-05
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
Nearby Homes
- 296 E 19th St
- 275 Flower St
- 308 Flower St
- 224 Flower St
- 212 E 19th St
- 178 Flower St
- 268 E 18th St
- 2019 Orange Ave
- 1826 Fullerton Ave
- 233 E 21st St
- 1951 Aliso Ave
- 2057 Tustin Ave Unit D
- 2110 Orange Ave
- 401 Bernard St Unit 406
- 1741 Tustin Ave Unit 2A
- 2116 Colina Vista Way
- 1973 Newport Blvd Unit 3
- 1973 Newport Blvd Unit 17
- 140 Cabrillo St Unit 25
- 330 Ford Rd