NOT LISTED FOR SALE

2869 Mendoza Dr Unit A-D Costa Mesa, CA 92626

8 Beds
4 Baths
3,085 Sq Ft
7,405 Sq Ft Lot

Last Sold April 07, 2020

Last sale price $1,530,000 $496 Per Sq Ft

27 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Balcony
  • Costa Mesa High School Rated A-
  • Neighborhood Views
  • Double Pane Windows

About This Home

As of April 2020

Great opportunity to obtain a turnkey 4-plex in the Central Costa Mesa neighborhood. Each unit has 2 bedrooms and one bath . This investment property has an outstanding curb appeal and beautifully landscaped yard with a gated courtyard. The units come with one garage space each and extra parking. All units are turnkey and some units have been remodeled. There is also community laundry on site. This is a perfect opportunity for an investor to own a piece of Costa Mesa Real Estate.

Last Agent to Sell the Property

Rob Brandon

License #01879120 Listed on: 03/03/2020

Last Buyer's Agent

Dale Cheema

Keller Williams Realty Irvine License #00893619

Keller Williams Realty Irvine

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 7,405 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls
  • Fenced
  • Fence is in average condition
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • 4 Carport Spaces
  • Parking Available
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Property Attached
  • Turnkey
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,085 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Family Room
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Gas Oven
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Rain Gutters

Utilities

  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities, gas
  • Tax Lot 15
  • Tax Tract Number 3922
  • Assessor Parcel Number 14157308

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Picnic Area
  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $360
  • Gardener Expense $1,200
  • Insurance Expense $2,400
  • Trash Expense $1,531
  • Water Sewer Expense $2,400
  • New Taxes Expense $16,428
  • Operating Expense $24,659
  • Gross Income $1,200
  • Net Operating Income $79,140

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 2400.00
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 14157308
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 495.95
  • Room Type: Family Room
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Cable Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 1531.20
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Amenities: Picnic Area
  • Senior Community: No
  • Community Features: Gutters

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: All Utilities, Gas

Multi Family

  • Electric Expense: 360.00
  • Gross Income: 1200.00
  • Gross Scheduled Income: 103800.00
  • Insurance Expense: 2400.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 1200.00
  • Lot Size Area: 7405.0000 Square Feet
  • Net Operating Income: 79140.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Operating Expense: 24659.00
  • Rent Control: No
  • Total Actual Rent: 8550.00
  • Total Expenses: 24659.00

Tax Info

  • New Taxes Expense: 16428.00
  • Tax Census Tract: 639.04
  • Tax Lot: 15
  • Tax Tract Number: 3922

Range of Values:

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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
04/07/2020 04/07/20 Sold $1,530,000 -4.1% $496 / Sq Ft
03/03/2020 03/03/20 For Sale $1,595,000 -- $517 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Rob Brandon

    Seller's Agent in 2020

    Rob Brandon

    (949) 275-5578

    1 in this area

    60 Total Sales

    Section Image
  • Dale Cheema

    Buyer's Agent in 2020

    Dale Cheema

    Keller Williams Realty Irvine

    (949) 861-8001

    64 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20047456

California Regional Multiple Listing Service (CRMLS)

California Orange County Costa Mesa 92626

2869 Mendoza Dr Unit A-D, Costa Mesa, CA

This home is located at 2869 Mendoza Dr Unit A-D, Costa Mesa, CA 92626 since 03 March 2020. This property was built in 1964. 2869 Mendoza Dr Unit A-D is a home located in Orange County with nearby schools including Sonora Elementary School, Costa Mesa High School, and St. John the Baptist Catholic 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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