Seller's Agent in 2016
Bob Walz
New Dimension Investment Prop
(714) 393-8060
4 in this area
9 Total Sales
3098 Ginger Ave Costa Mesa, CA 92626
Mesa Verde Neighborhood
5
Beds
4
Baths
4,967
Sq Ft
8,466
Sq Ft Lot
Highlights
- Property is near park
- Lawn
- Cooling Available
- California Elementary School Rated A
- Fireplace
- 3-minute walk to Smallwood Park
About This Home
As of May 2016Highly desirable “Spice Street Fourplex” with $91,200 actual income plus laundry income with Seller owned equipment. This property is in excellent condition. Seller financing and owner wants to carry the first trust deed loan for 30 years with a reasonable down payment. The 3-bedroom unit has just been remodeled and shows beautifully. All good tenants that pay on time. This property is in the third phase of this tract which features 4,967 Square feet of living space and each very large unit has a fireplace. Two car garage for the 3-bedroom owner’s unit which is rented for $2,500 per month. This 3-bedroom unit has a new forced air heater and central air conditioner. Each 2-bedroom has a one car enclosed garage. Washer and dryer in laundry room is owned by the Seller and is included in the purchase price. Great location inside tract and an excellent rental area of Costa Mesa. Hurry as this one won’t last.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1969
Lot Details
- 8,466 Sq Ft Lot
- No Common Walls
- Landscaped
- Sprinklers on Timer
- Lawn
- Front Yard
Parking
- 5 Car Garage
Home Design
- Flat Roof Shape
Interior Spaces
- 4,967 Sq Ft Home
- Fireplace
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Utilities
- Cooling Available
- Heating Available
- Sewer Paid
Additional Features
- Rain Gutters
- Property is near park
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 12
- Tax Tract Number 6260
- Assessor Parcel Number 13956403
Community Details
Building Details
- 4 Leased Units
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $405
- Gardener Expense $600
- Insurance Expense $1,683
- Maintenance Expense $4,560
- Professional Management Expense $6,000
- Trash Expense $1,885
- Water Sewer Expense $1,503
- New Taxes Expense $15,496
- Gross Income $7,600
- Net Operating Income $56,770
Additional Features
- 4 Units
- Laundry Facilities
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/06/2016 05/06/16 | Sold | $1,360,000 | -1.1% | $274 / Sq Ft |
| 04/20/2016 04/20/16 | Pending | -- | -- | -- |
| 04/18/2016 04/18/16 | For Sale | $1,375,000 | -- | $277 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 |
|---|---|---|---|---|
| 2025 | $18,299 | $1,609,961 | $1,395,412 | $214,549 |
| 2024 | $18,299 | $1,578,394 | $1,368,051 | $210,343 |
| 2023 | $17,816 | $1,547,446 | $1,341,227 | $206,219 |
| 2022 | $17,344 | $1,517,104 | $1,314,928 | $202,176 |
| 2021 | $16,859 | $1,487,357 | $1,289,145 | $198,212 |
| 2020 | $16,698 | $1,472,106 | $1,275,926 | $196,180 |
| 2019 | $16,372 | $1,443,242 | $1,250,908 | $192,334 |
| 2018 | $16,056 | $1,414,944 | $1,226,381 | $188,563 |
| 2017 | $15,779 | $1,387,200 | $1,202,334 | $184,866 |
| 2016 | $13,875 | $1,211,574 | $989,854 | $221,720 |
| 2015 | $13,737 | $1,193,376 | $974,986 | $218,390 |
| 2014 | $13,417 | $1,170,000 | $955,887 | $214,113 |
Source: Public Records
Agents Affiliated with this Home
-
Bob Walz
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC16083039
APN: 139-564-03
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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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