NOT LISTED FOR SALE

273 E 19th St Unit B Costa Mesa, CA 92627

Downtown Costa Mesa Neighborhood

Estimated Value: $1,563,000 - $2,150,000

4 Beds
2 Baths
1,522 Sq Ft
$1,262/Sq Ft Est. Value

Last Sold August 30, 2018

Last sale price $1,299,000 $853 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $11,600/month

14 Days on Market

Highlights

  • Private Yard
  • No HOA
  • Laundry Room
  • Heinz Kaiser Elementary School Rated A
  • Cottage
  • Drip System Landscaping

About This Home

As of August 2018

Enchanting Eastside Cottages on one lot. Both homes are detached with 2 bedrooms and 1 bath. Front house is approximately 838 sq ft and has a 2 car detached garage. Back house is approximately 684 sq ft, recently painted and a new oven installed, with an oversized 1 car detached garage. Both garages are accessed via a brand new concrete alley. Each home has a beautiful private yard with grass and professionally kept landscaping including an apricot tree with the best apricots you have ever tasted! Separate water heaters, electric meters. Washer and dryer hookups in both garages.
Excellent Eastside Costa Mesa location. Perfect opportunity for an owner to live in one and collect income from the other. Or investor/developer.

Last Agent to Sell the Property

Lori Mortenson

Pacific Properties, Inc License #00882584 Listed on: 08/03/2018

Last Buyer's Agent

Velma Timmons

Abrams Coastal Properties License #00544064

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,980

Year Built

  • Built in 1944

Lot Details

  • 6,534 Sq Ft Lot
  • No Common Walls
  • Drip System Landscaping
  • Sprinklers Throughout Yard
  • Private Yard
  • Garden

Parking

  • 3 Car Garage
  • 1 Open Parking Space
  • Parking Available
  • Rear-Facing Garage
  • Driveway

Home Design

  • Duplex
  • Cottage
  • Turnkey
  • Composition Roof

Interior Spaces

  • 1,522 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 18 / H
  • Tax Tract Number 594
  • Assessor Parcel Number 11721417

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $840
  • Insurance Expense $450
  • Trash Expense $865
  • New Taxes Expense $12,000
  • Operating Expense $1,705
  • Gross Income $61,800
  • Net Operating Income $60,095

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,980

Year Built

Built in 1944

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved
  • Architectural Style: Cottage
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 11721417
  • Year Built: 1944
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 853.48
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage Faces Rear
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 865.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Garden, Landscaped, Lot 6500-9999, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 61800.00
  • Gross Scheduled Income: 61800.00
  • Insurance Expense: 450.00
  • Lot Size Area: 6534.0000 Square Feet
  • Net Operating Income: 60095.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 1705.00
  • Rent Control: No
  • Total Expenses: 1705.00

Tax Info

  • New Taxes Expense: 12000.00
  • Tax Block: H
  • Tax Census Tract: 633.01
  • Tax Lot: 18
  • Tax Tract Number: 594

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2023
Sold by
Lipps Judith F
Bought by
273 E 19Th St A & B Cm Ca Llc
Current Estimated Value
$1,921,048

Purchase Details

Listed on
Aug 3, 2018
Closed on
Aug 23, 2018
Sold by
Lipps Ben J
Bought by
Lipps Judith F
Seller's Agent
Lori Mortenson
Pacific Properties, Inc
Buyer's Agent
Velma Timmons
Abrams Coastal Properties
List Price
$1,199,000
Sold Price
$1,299,000
Premium/Discount to List
$100,000
8.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.65%

Purchase Details

Listed on
Aug 3, 2018
Closed on
Aug 17, 2018
Sold by
Leeper Charles and Leeper Janet
Bought by
Lipps Judith F
Seller's Agent
Lori Mortenson
Pacific Properties, Inc
Buyer's Agent
Velma Timmons
Abrams Coastal Properties
List Price
$1,199,000
Sold Price
$1,299,000
Premium/Discount to List
$100,000
8.34%

Purchase Details

Closed on
Sep 28, 2009
Sold by
Leeper Charles and Leeper Janet
Bought by
Leeper Charles and Leeper Janet

Purchase Details

Closed on
Mar 18, 2008
Sold by
Wagner Walter
Bought by
Leeper Charles and Leeper Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$723,644
Interest Rate
6.04%
Mortgage Type
FHA

Purchase Details

Closed on
May 19, 1997
Sold by
Arnold Frederick W
Bought by
Iltis Barbara
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
273 E 19Th St A & B Cm Ca Llc $1,300,000 Chicago Title Company
Lipps Judith F -- Wfg National Title Ins Co
Lipps Judith F $1,299,000 Wfg National Title Ins Co
Leeper Charles -- Security Union Title Ins Co
Leeper Charles $735,000 Orange Coast Title
Iltis Barbara $250,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leeper Charles $723,644
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2018 08/30/18 Sold $1,299,000 +8.3% $853 / Sq Ft
08/03/2018 08/03/18 For Sale $1,199,000 -- $788 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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
2025 $16,980 $1,479,000 $1,399,325 $79,675
2024 $16,980 $1,450,000 $1,371,887 $78,113
2023 $16,145 $1,392,789 $1,323,130 $69,659
2022 $15,669 $1,365,480 $1,297,186 $68,294
2021 $15,210 $1,338,706 $1,271,751 $66,955
2020 $15,035 $1,324,980 $1,258,711 $66,269
2019 $14,711 $1,299,000 $1,234,030 $64,970
2018 $9,873 $848,487 $769,166 $79,321
2017 $9,708 $831,850 $754,084 $77,766
2016 $9,577 $815,540 $739,298 $76,242
2015 $9,486 $803,290 $728,193 $75,097
2014 $9,273 $787,555 $713,929 $73,626
Source: Public Records

Agents Affiliated with this Home

  • Lori Mortenson

    Seller's Agent in 2018

    Lori Mortenson

    Pacific Properties, Inc

    (949) 689-7721

    2 Total Sales

    Lori Mortenson
    Section Image

  • V

    Buyer's Agent in 2018

    Velma Timmons

    Abrams Coastal Properties

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18188829

California Regional Multiple Listing Service (CRMLS)

APN: 117-214-17

California Orange County Costa Mesa 92627 Downtown Costa Mesa

273 E 19th St Unit B, Costa Mesa, CA

This home is located at 273 E 19th St Unit B, Costa Mesa, CA 92627 since 03 August 2018 and is currently estimated at $1,921,048, approximately $1,262 per square foot. This property was built in 1944. 273 E 19th St Unit B is a home located in Orange County with nearby schools including Heinz Kaiser Elementary School, Woodland Elementary School, and Horace Ensign Intermediate School.

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.

California Regional Multiple Listing Service (CRMLS) 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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