NOT LISTED FOR SALE

3110 Coral Ave Costa Mesa, CA 92626

Mesa Verde Neighborhood
-- Bed
-- Bath
4,613 Sq Ft
8,712 Sq Ft Lot

Last Sold March 14, 2013

Last sale price $1,120,000 $243 Per Sq Ft

Highlights

  • Traditional Architecture
  • Granite Countertops
  • Forced Air Heating System
  • California Elementary School Rated A
  • Tile Flooring
  • 1-minute walk to Smallwood Park

About This Home

As of March 2013

Capitalize on these historic rates to make this trunkey four plex your cash cow! This property features a large 3-bedroom owner's or rental unit with three two bedroom two bath apartments. All units recently remodeled with granite countertops and updated kitchens.Rent upside potential and low, manageable expenses. Properties in this area don't come up often for a reason so don't miss it!

Last Agent to Sell the Property

Sean Ryan

Coast Realty Solutions, Inc. License #01415690 Listed on: 01/28/2013

Last Buyer's Agent

Sean Ryan

Coast Realty Solutions, Inc. License #01415690 Listed on: 01/28/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 8,712

Parking

  • 5 Car Garage

Home Design

  • 4,613 Sq Ft Home
  • Traditional Architecture
  • Shingle Roof
  • Wood Siding
  • Stucco

Flooring

  • Carpet
  • Tile

Additional Features

  • Granite Countertops
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, water
  • Tax Lot 25
  • Tax Tract Number 6259
  • Assessor Parcel Number 13949301

Community Details

Overview

  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $360
  • Gardener Expense $840
  • Insurance Expense $1,300
  • Trash Expense $1,080
  • Water Sewer Expense $1,320
  • New Taxes Expense $10,550
  • Gross Income $6,500
  • Net Operating Income $57,857

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0

Parking

5

Listing Details

  • Assessments: No
  • CapRate: 5.03
  • View: No
  • Water Sewer Expenses: 1320.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 13949301
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters
  • Flooring: Carpet, Tile
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 242.79

Exterior Features

  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: No
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Forced Air
  • Trash Expense: 1080.00

Condo/Co-op/Association

  • Senior Community: No

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Water

Multi Family

  • Average2 Bed Area: 1100
  • Average3 Bed Area: 1350
  • Electric Expense: 360.00
  • Gross Income: 6500.00
  • Gross Multiplier: 14.74
  • Gross Scheduled Income: 78000.00
  • Insurance Expense: 1300.00
  • Net Operating Income: 57857.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Patio: 2
  • Operating Expense: 20000.00

Tax Info

  • New Taxes Expense: 10550.00
  • Tax Lot: 25
  • Tax Rate: 15.05
  • Tax Tract Number: 6259
  • Tax Year: 2012

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
03/14/2013 03/14/13 Sold $1,120,000 -2.6% $243 / Sq Ft
01/28/2013 01/28/13 For Sale $1,150,000 -- $249 / Sq Ft
11/19/2012 11/19/12 Pending -- -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Sean Ryan

    Seller's Agent in 2013

    Sean Ryan

    Coast Realty Solutions, Inc.

    (800) 585-4013

    50 Total Sales

    Sean Ryan
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P847033

California Regional Multiple Listing Service (CRMLS)

APN: 139-493-01

California Orange County Costa Mesa 92626 Mesa Verde

3110 Coral Ave, Costa Mesa, CA

This home is located at 3110 Coral Ave, Costa Mesa, CA 92626 since 28 January 2013. This property was built in 1966. 3110 Coral Ave is a home located in Orange County with nearby schools including California Elementary School, Charles W. Tewinkle Middle School, and Estancia High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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

Nearby Homes