NOT LISTED FOR SALE

301 Santa Isabel Ave Costa Mesa, CA 92627

Eastside Costa Mesa Neighborhood
4 Beds
3 Baths
2,015 Sq Ft
7,841 Sq Ft Lot

Last Sold June 25, 2021

Last sale price $1,450,000 $720 Per Sq Ft

75 Days on Market

Highlights

  • Primary Bedroom Suite
  • Property is near a park
  • Corner Lot
  • Heinz Kaiser Elementary School Rated A
  • Traditional Architecture
  • 3-minute walk to Brentwood Park

About This Home

As of June 2021

Own a nicely upgraded & well maintained LEGALLY ZONED DUPLEX in a premier location of Eastside Costa Mesa.Unit 301 has 2 bedrooms+1 bath,is approximately 990 sqft & has newer laminate floors,white shaker kitchen cabinets, & dual paned windows & slider.Unit 303 has 2 bedrooms+2 baths (one en-suite+one in hallway),is approximately 1,100 sqft & has newer laminate floors,interior doors/closet doors, an upgraded kitchen & stainless steel appliances including a farmhouse sink,granite counters,all new plumbing,remodeled bathrooms & central AC.Both units have a one car attached garage (w/ washer & electric dryer hook-ups) + one driveway spot.Each unit enjoys a large front yard & a private back/side yard w/sprinklers,perfect for entertaining,gardening or kids to play.Other recent upgrades include, sound proof common wall installed,thermo barrier in attic,newer roof,laminate floors & dual paned windows & sliders in both units,the exterior was recently repainted.Long term tenants already in place. Separately metered electric (tenant paid)/shared water (owner paid)/no gas.Serviced by good schools. Close to Back Bay walking & biking trails & other activities.Centrally located to world class beaches (Newport,Corona Del Mar,Laguna, Huntington).Just minutes away from Triangle Square, 17th St,South Coast Plaza,Fashion Island.Short distance to restaurants,Trader Joes,bars,movie theaters & other entertainment.Easy access to John Wayne Airport,the 55,405 & Pacific Coast Highways & Toll Roads.

Last Agent to Sell the Property

Danny Murphy

First Team Real Estate License #01867197 Listed on: 03/11/2021

First Team Real Estate

Last Buyer's Agent

Evan Balsis

Coldwell Banker Realty License #01966731

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963 | Remodeled

Lot Details

  • 7,841 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Block Wall Fence
  • Fence is in good condition
  • Landscaped
  • Corner Lot
  • Rectangular Lot
  • Level Lot
  • Sprinklers Throughout Yard
  • Private Yard
  • Garden
  • Back and Front Yard

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Garage Door Opener
  • Driveway Level

Home Design

  • Duplex
  • Traditional Architecture
  • Turnkey
  • Planned Development
  • Slab Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Pre-Cast Concrete Construction
  • Partial Copper Plumbing

Interior Spaces

  • 2,015 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Window Screens
  • Sliding Doors
  • Family Room
  • Storage
  • Laminate Flooring
  • Neighborhood Views

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Doors swing in
  • Entry Slope Less Than 1 Foot

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • 220 Volts in Garage
  • Natural Gas Connected
  • Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 106
  • Tax Tract Number 300

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,860
  • Insurance Expense $960
  • Maintenance Expense $300
  • Water Sewer Expense $960
  • New Taxes Expense $16,500
  • Operating Expense $20,580
  • Gross Income $61,200
  • Net Operating Income $57,120

Property Details

Home Type

Multi-Family

Year Built

Built in 1963 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • CapRate: 3.00
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Santa Ana Heights
  • View: Yes
  • Water Sewer Expenses: 960.00
  • Architectural Style: Traditional
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1860.00
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Copper Plumbing Partial, Granite Counters, Recessed Lighting, Storage, Tile Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Accessibility Features: Doors - Swing In, Entry Slope Less Than 1 Foot, See Remarks
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Levels: One
  • Price Per Square Foot: 719.60
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Laundry, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite
  • Window Features: Double Pane Windows, Screens

Exterior Features

  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block, Good Condition, Privacy, Wood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Block, Concrete, Drywall Walls, Glass, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Concrete, Driveway Level, Garage, Garage Faces Front, Garage - Two Door, Garage Door Opener, Private
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Electric Cooktop, Disposal, Microwave, Water Heater
  • Electric: 220 Volts in Garage, Standard
  • Heating Type: Central, Radiant, Natural Gas
  • Laundry Features: Electric Dryer Hookup, In Garage, Inside, Washer Hookup
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Garden, Landscaped, Level with Street, Rectangular Lot, Level, Near Public Transit, Park Nearby, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Yard
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Gross Income: 61200.00
  • Gross Operating Income: 61200.00
  • Gross Scheduled Income: 61200.00
  • Insurance Expense: 960.00
  • Lot Size Area: 7841.0000 Square Feet
  • Maintenance Expense: 300.00
  • Net Operating Income: 57120.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Patio: 2
  • Operating Expense: 4080.00
  • Rent Control: No
  • Total Actual Rent: 5100.00
  • Total Expenses: 20580.00

Tax Info

  • New Taxes Expense: 16500.00
  • Tax Lot: 106
  • Tax Tract Number: 300

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 List to Sale Price per Sq Ft
06/25/2021 06/25/21 Sold $1,450,000 0.0% $720 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
04/26/2021 04/26/21 Off Market $1,450,000 -- --
04/09/2021 04/09/21 Price Changed $1,475,000 -1.7% $732 / Sq Ft
03/11/2021 03/11/21 For Sale $1,499,999 -- $744 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Danny Murphy

    Seller's Agent in 2021

    Danny Murphy

    First Team Real Estate

    (949) 413-6967

    2 in this area

    104 Total Sales

    Danny Murphy
    Section Image

  • E

    Buyer's Agent in 2021

    Evan Balsis

    Coldwell Banker Realty

    (949) 939-1885

    3 in this area

    36 Total Sales

    Evan Balsis
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21034608

California Regional Multiple Listing Service (CRMLS)
California Orange County Costa Mesa 92627 Eastside Costa Mesa

301 Santa Isabel Ave, Costa Mesa, CA

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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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