NOT LISTED FOR SALE

2828 Royal Palm Dr Costa Mesa, CA 92626

Mesa Verde Neighborhood
6 Beds
5 Baths
3,167 Sq Ft
6,970 Sq Ft Lot

Last Sold May 31, 2023

Last sale price $1,517,000 $479 Per Sq Ft

7 Days on Market

About This Home

As of May 2023

Great corner Triplex, in excellent rental area - walking distance to shops, restaurants and many of Costa Mesa's many amenities. Unit #A is a single level, 2 bedroom, 1 bath home with fireplace, Units B & C are 2 story townhomes with 2 bedrooms 1 1/2 baths. All three have private fence patio areas.
Each unit has a 1 car single garage, plus there is also 1 additional open parking space. Ample on street parking also for residents too. Roof was replaced in 2011(not the garage). The exterior was painted and landscape redone in 2018. All units have the added benefit of retrofitted windows in 2018/2019. Each unit has its own washer dryer hook ups.

Last Agent to Sell the Property

Michael Brinkman

Coastline Realty License #00926365 Listed on: 05/04/2023

Last Buyer's Agent

Susie McKibben

Compass License #01966883

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 6,970 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Triplex

Interior Spaces

  • 3,167 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 14 / E
  • Tax Tract Number 32
  • Assessor Parcel Number 13930114
  • $1,932 per year additional tax assessments

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,800
  • Insurance Expense $1,500
  • Water Sewer Expense $2,400
  • Operating Expense $5,700
  • Gross Income $78,060
  • Net Operating Income $72,360

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Parking

3

Listing Details

  • Price Per Unit: 498333
  • Property Attached: Yes
  • Water Sewer Expenses: 2400.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 13930114
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 479.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 78060.00
  • Gross Scheduled Income: 78060.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 6970.0000 Square Feet
  • Net Operating Income: 72360.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 5700.00
  • Rent Control: No
  • Total Expenses: 5700.00

Tax Info

  • Tax Block: E
  • Tax Census Tract: 638.02
  • Tax Lot: 14
  • Tax Tract Number: 32
  • TaxOtherAnnualAssessmentAmount: 1932.00

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $1,517,000 +1.5% $479 / Sq Ft
05/04/2023 05/04/23 For Sale $1,495,000 +26.7% $472 / Sq Ft
07/09/2018 07/09/18 Sold $1,180,000 -1.7% $373 / Sq Ft
05/27/2018 05/27/18 Pending -- -- --
05/15/2018 05/15/18 For Sale $1,200,000 -- $379 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Michael Brinkman

    Coastline Realty

    Section Image
  • Susie McKibben

    Buyer's Agent in 2023

    Susie McKibben

    Compass

    (949) 500-5327

    3 in this area

    38 Total Sales

    Section Image

  • R

    Seller's Agent in 2018

    Ronan O' Mahony

    Celtic Financial Inc.

    (714) 546-1040

    2 Total Sales

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP23076344

California Regional Multiple Listing Service (CRMLS)

APN: 139-301-14

California Orange County Costa Mesa 92626 Mesa Verde

2828 Royal Palm Dr, Costa Mesa, CA

This home is located at 2828 Royal Palm Dr, Costa Mesa, CA 92626 since 04 May 2023. This property was built in 1960. 2828 Royal Palm Dr is a home located in Orange County with nearby schools including California Elementary School, Charles W. Tewinkle Middle School, and Estancia High 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

Nearby Homes