$2,625,000
SOLD JUL 15, 2021
8 Beds
4 Baths
3,600 Sq Ft
0.29 Acres

Recently Sold

$729 Per Sq Ft

3% Below List Price

3 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Bungalow
  • Heinz Kaiser Elementary School Rated A
  • Laundry Room
  • Forced Air Heating System

About This Home

As of July 2021

Pride of ownership opportunity in the heart of Eastside Costa Mesa.Meticulously Maintained 4 Plex. Fully Occupied. Individual units are all 2 bedroom/1 Bath, with one car garage and 1 off street parking in driveway each. All units offer generous, private, outdoor space. Oversized 12,700+ square foot lot offers tons of potential opportunity.

Last Agent to Sell the Property

Thomas (t.j) Walsh

Coldwell Banker Realty License #01829780 Listed on: 06/10/2021

Coldwell Banker Realty

Last Buyer's Agent

Brian Gibney

Coldwell Banker Realty License #01383231

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $31,816

Year Built

  • Built in 1960 | Remodeled

Lot Details

  • 0.29 Acre Lot
  • 1 Common Wall
  • Wood Fence
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Driveway

Home Design

  • Bungalow
  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 3,600 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Rain Gutters

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 284
  • Tax Tract Number 516
  • Assessor Parcel Number 42615314

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Gross Income $126,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$31,816

Year Built

Built in 1960 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Architectural Style: Bungalow
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 42615314
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 729.17
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Available, Natural Gas Connected, Phone Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Electric: Electricity - On Property
  • Heating Type: Forced Air
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 12741.00
  • Lot Size Acres: 0.2925

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 126000.00
  • Gross Scheduled Income: 126000.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 12741.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Rent Control: No
  • Total Actual Rent: 126000.00

Tax Info

  • Tax Census Tract: 632.01
  • Tax Lot: 284
  • Tax Tract Number: 516

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2022
Sold by
Abdul-Jabbar Family Trust
Bought by
Club 33 Llc
Total Days on Market
3
Current Estimated Value
$2,797,127

Purchase Details

Listed on
Jun 10, 2021
Closed on
Jun 29, 2021
Sold by
Camellia Lane Llc
Bought by
Abdul Jabbar Kareem
Seller's Agent
Thomas (t.j) Walsh
Coldwell Banker Realty
Buyer's Agent
Brian Gibney
Coldwell Banker Realty
List Price
$2,699,000
Sold Price
$2,625,000
Premium/Discount to List
-$74,000
-2.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.18%
Original Mortgage
$1,605,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2016
Sold by
Siemon Robert G
Bought by
Camellia Lane Llc

Purchase Details

Closed on
Apr 10, 2013
Sold by
Siemon Robert G
Bought by
Siemon Robert G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2010
Sold by
Siemon Robert G
Bought by
Siemon Robert G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,000
Interest Rate
4.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2009
Sold by
Siemon Robert G
Bought by
Siemon Robert G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,500
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 2009
Sold by
Siemon Seana M
Bought by
Siemon Robert G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,500
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2009
Sold by
Davis Marcia K
Bought by
Siemon Robert G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,500
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 3, 2003
Sold by
Moor Hester H
Bought by
Moor Hester H

Purchase Details

Closed on
Jul 22, 1998
Sold by
Hester Moor
Bought by
Moor Hester H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 1994
Sold by
Hartshorn P Ramona
Bought by
Hartshorn P Ramona
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- --
Grant Deed $2,625,000 First Amer Ttl Of Los Angele
Grant Deed -- None Available
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- Lsi Local Solutions
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Ticor Title Company
Grant Deed $910,000 Ticor Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Old Republic Title Company
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,605,000 New Conventional
Previous Owner $640,000 New Conventional
Previous Owner $690,000 New Conventional
Previous Owner $682,500 Purchase Money Mortgage
Previous Owner $125,700 Unknown
Previous Owner $130,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2023 05/20/23 Rented $5,000 0.0% --
04/11/2023 04/11/23 For Rent $5,000 0.0% --
07/15/2021 07/15/21 Sold $2,625,000 -2.7% $729 / Sq Ft
06/10/2021 06/10/21 For Sale $2,699,000 -- $750 / 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
2024 $31,816 $2,731,050 $2,582,744 $148,306
2023 $30,872 $2,413,000 $2,270,451 $142,549
2022 $30,101 $2,625,000 $2,482,451 $142,549
2021 $18,010 $1,500,000 $1,358,744 $141,256
2020 $13,458 $1,074,065 $913,485 $160,580
2019 $13,157 $1,053,005 $895,573 $157,432
2018 $12,888 $1,032,358 $878,012 $154,346
2017 $12,684 $1,012,116 $860,796 $151,320
2016 $12,427 $992,271 $843,918 $148,353
2015 $12,311 $977,367 $831,242 $146,125
2014 $12,046 $958,222 $814,959 $143,263
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG21124890

California Regional Multiple Listing Service (CRMLS)

APN: 426-153-14