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

Sale Details

Date Sold: December 19, 2012

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

8 Days on Market

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

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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

8,468 Sq Ft Lot

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2013
Sold by
Bought by

Purchase Details

Listed on
Oct 12, 2012
Closed on
Dec 7, 2012
Sold by
Bought by
Seller's Agent
Jeannette LePont
The Property Specialist
Buyer's Agent
Rob Bryant
Coastline Realty
List Price
$1,100,000
Sold Price
$1,140,000
Premium/Discount to List
$40,000
3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$801,950
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 12, 2012
Closed on
Oct 25, 2012
Sold by
Bought by
Seller's Agent
Jeannette LePont
The Property Specialist
Buyer's Agent
Rob Bryant
Coastline Realty
List Price
$1,100,000
Sold Price
$1,140,000
Premium/Discount to List
$40,000
3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$801,950
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2008
Sold by
Bought by

Purchase Details

Closed on
Sep 27, 2007
Sold by
Bought by

Purchase Details

Closed on
Jan 25, 2007
Sold by
Bought by

Purchase Details

Closed on
Feb 28, 2003
Sold by
Bought by

Purchase Details

Closed on
Oct 4, 1996
Sold by
Bought by

Purchase Details

Closed on
Jun 29, 1994
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
-- Lawyers Title Company
-- Lawyers Title Company
$1,140,000 Lawyers Title Company
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- --
-- --
-- --
-- --
$114,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $801,950
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $16,487 $1,431,899 $1,220,929 $210,970
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

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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

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