NOT LISTED FOR SALE
9 Beds
8 Baths
4,966 Sq Ft
8,468 Sq Ft Lot

Last Sold December 19, 2012

Last sale price $1,140,000 $230 Per Sq Ft

8 Days on Market

Highlights

  • Traditional Architecture
  • No Heating
  • 4-minute walk to Smallwood Park
  • California Elementary School Rated A

About This Home

As of December 2012

CALLING ALL INVESTORS! Great 4-plex in Costa Mesa. One 3/2 unit and three 2/2 units. Two-car garage for the 3bedroom unit and one-car garages for the remaining units. $73680 gross annual rent income. Great price! This property will not last long.

Last Agent to Sell the Property

Jeannette LePont

The Property Specialist License #01839724 Listed on: 10/12/2012

The Property Specialist

Co-Listed By

Tony Accetta

HomeSmart, Evergreen Realty License #01136853

Last Buyer's Agent

Rob Bryant

Coastline Realty License #01142668

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 8,468 Sq Ft Lot
  • Lot Dimensions are 73x116

Parking

  • 5 Car Garage

Home Design

  • 4,966 Sq Ft Home
  • Traditional Architecture
  • Stucco

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Utilities

  • No Heating

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 6260
  • Assessor Parcel Number 13956408

Community Details

Overview

  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $650
  • Gardener Expense $1,440
  • Insurance Expense $1,822
  • Professional Management Expense $4,473
  • Trash Expense $2,220
  • Water Sewer Expense $1,364
  • New Taxes Expense $8,018
  • Gross Income $6,140
  • Net Operating Income $53,825

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

0

Parking

5

Listing Details

  • Assessments: No
  • CapRate: 4.89
  • Professional Management Expense: 4473.00
  • View: No
  • Water Sewer Expenses: 1364.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 1440.00
  • Parcel Number: 13956408
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 229.56

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: No
  • Total Parking Spaces: 10.00

Utilities

  • Heating: No
  • Laundry: No
  • Trash Expense: 2220.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 73x116
  • Lot Size Sq Ft: 8468.00
  • Lot Size Acres: 0.1940

Multi Family

  • Electric Expense: 650.00
  • Gross Income: 6140.00
  • Gross Multiplier: 14.93
  • Gross Scheduled Income: 73680.00
  • Insurance Expense: 1822.00
  • Net Operating Income: 53825.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 19855.00

Tax Info

  • New Taxes Expense: 8018.00
  • Tax Area: 15045
  • Tax Lot: 9
  • Tax Tract Number: 6260
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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
12/19/2012 12/19/12 Sold $1,140,000 +3.6% $230 / Sq Ft
10/20/2012 10/20/12 Pending -- -- --
10/12/2012 10/12/12 For Sale $1,100,000 -- $222 / 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 $16,173 $1,403,823 $1,196,989 $206,834
2024 $16,173 $1,376,298 $1,173,519 $202,779
2023 $15,739 $1,349,312 $1,150,509 $198,803
2022 $15,301 $1,322,855 $1,127,950 $194,905
2021 $14,855 $1,296,917 $1,105,833 $191,084
2020 $14,713 $1,283,619 $1,094,494 $189,125
2019 $14,429 $1,258,450 $1,073,033 $185,417
2018 $14,152 $1,233,775 $1,051,993 $181,782
2017 $13,909 $1,209,584 $1,031,366 $178,218
2016 $13,605 $1,185,867 $1,011,143 $174,724
2015 $13,470 $1,168,055 $995,955 $172,100
2014 $13,156 $1,145,175 $976,446 $168,729
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S714763

California Regional Multiple Listing Service (CRMLS)

APN: 139-564-08