NOT LISTED FOR SALE
5 Beds
3 Baths
3,252 Sq Ft
6,098 Sq Ft Lot

Last Sold December 10, 2015

Last sale price $962,500 $296 Per Sq Ft

10 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Wall Furnace
  • Paularino Elementary School Rated A-
  • 4 Car Garage

About This Home

As of December 2015

This is the largest triplex floorplan in the neighborhood, which means a better unit mix and more garage parking. This building is larger than other recent comparable listings and sales.

The unit mix includes a large 3 bedroom, 2 bath unit with a 2 car garage and enclosed, private yard. Upstairs are both of the 2 bedroom, 1 bath units - each unit has a private enclosed deck and access to a spacious 1 car garage. There are washer/dryer hookups in each garage and extra onsite parking spaces for all the units.

This highly desirable location means big rents and close proximity to all the fine dining, shopping and eclectic entertainment that Costa Mesa offers. There are no rent control or affordable housing restrictions for these units. Don’t miss this well priced Costa Mesa triplex - live in one and rent out the others or use all 3 for income!

Last Agent to Sell the Property

Christian Walsh

Berkshire Hathaway HomeServices California Properties License #01804983 Listed on: 07/08/2015

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Alex Eychis

Estate Properties License #01875191

Estate Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 6,098 Sq Ft Lot
  • No Units Located Below
  • 1 Common Wall

Parking

  • 4 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Property Attached
  • Composition Roof

Interior Spaces

  • 3,252 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Gas Oven

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Additional Features

  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 3
  • Tax Tract Number 9474
  • Assessor Parcel Number 41812103

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $900
  • Trash Expense $600
  • Water Sewer Expense $2,400
  • New Taxes Expense $10,200
  • Gross Income $5,250
  • Net Operating Income $48,660

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: No
  • Water Sewer Expenses: 2400.00
  • Property Type: Residential Income
  • Parcel Number: 41812103
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall, No One Below
  • Flooring: Laminate
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 295.97

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 11.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Size Sq Ft: 6098.00
  • Price Per Lot Square Foot: 157.84
  • Lot Size Acres: 0.1400

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 5250.00
  • Gross Scheduled Income: 63000.00
  • Insurance Expense: 900.00
  • Lot Size Area: 6098.0000 Square Feet
  • Net Operating Income: 48660.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Range: 3
  • Operating Expense: 14340.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 10200.00
  • Tax Lot: 3
  • Tax Tract Number: 9474

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
12/10/2015 12/10/15 Sold $962,500 -1.3% $296 / Sq Ft
07/18/2015 07/18/15 Pending -- -- --
07/08/2015 07/08/15 For Sale $975,000 -- $300 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15148629

California Regional Multiple Listing Service (CRMLS)

APN: 418-121-03