$1,995,000
SOLD JUL 28, 2025
9 Beds
6 Baths
4,023 Sq Ft
0.29 Acres

Recently Sold

$496 Per Sq Ft

62 Days on Market

Highlights

  • Midcentury Modern Architecture
  • Main Floor Primary Bedroom
  • No HOA
  • California Elementary School Rated A
  • Lawn
  • 3-minute walk to Smallwood Park

About This Home

As of July 2025

Fantastic triplex in Costa Mesa's desirable "Spice" Streets! There is one three-bedroom two-bath unit; one two-bedroom two bath unit, and one separate 2-story four-bedroom two-bath unit plus a three-car garage with spaces for 9 additional cars on site. Each unit has very ample outdoor and garden space. The units have been recently upgraded with vinyl floors, new windows and new roof. Walking distance to schools, playgrounds, and shopping. Great long-term tenants and excellent net income to owner of nearly $75,000 in 2024!

Last Agent to Sell the Property

Don Abrams

Abrams Coastal Properties Brokerage Phone: 714-325-9055 License #01234323 Listed on: 04/23/2025

Last Buyer's Agent

Bob Walz

New Dimension Investment Prop License #00640512

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 0.29 Acre Lot
  • 1 Common Wall
  • Lawn
  • Density is up to 1 Unit/Acre

Parking

  • 9 Open Parking Spaces
  • 3 Car Garage

Home Design

  • Triplex
  • Midcentury Modern Architecture
  • Patio Home
  • Entry on the 1st floor
  • Rolled or Hot Mop Roof
  • Stucco

Interior Spaces

  • 4,023 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Utility Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Primary Bedroom on Main
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating
  • Natural Gas Connected
  • Sewer Paid
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 21,22
  • Tax Tract Number 5475
  • Assessor Parcel Number 13949128
  • $819 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Recreation

  • Bike Trail

Building Details

  • 3 Leased Units
  • 1 Separate Electric Meter
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gardener Expense $4,360
  • Insurance Expense $1,912
  • Water Sewer Expense $2,671
  • Operating Expense $31,332
  • Gross Income $105,628
  • Net Operating Income $74,295

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Price Per Unit: 665000
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Spice Streets
  • View: No
  • Water Sewer Expenses: 2671.00
  • Architectural Style: Mid Century Modern
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 4360.00
  • Parcel Number: 13949128
  • Year Built: 1970
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate
  • Accessibility Features: 2+ Access Exits
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 495.90
  • Room Type: Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Utility Room

Exterior Features

  • Pool Private: No
  • Roof: Rolled/Hot Mop
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 9.00

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area, In Garage
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Lawn, Patio Home
  • Lot Size Sq Ft: 12632.00
  • Lot Size Acres: 0.2900

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 105628.00
  • Gross Scheduled Income: 105628.00
  • Insurance Expense: 1912.00
  • Lot Size Area: 12632.0000 Square Feet
  • Net Operating Income: 74295.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Carpet: 1
  • Number With Dishwasher: 3
  • Number With Disposal: 3
  • Number With Patio: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 31332.00
  • Rent Control: No
  • Total Expenses: 31332.00

Tax Info

  • Tax Census Tract: 638.06
  • Tax Lot: 21,22
  • Tax Tract Number: 5475
  • TaxOtherAnnualAssessmentAmount: 819.00

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 Change Sq Ft Price
07/28/2025 07/28/25 Sold $1,995,000 0.0% $496 / Sq Ft
06/24/2025 06/24/25 Pending -- -- --
04/23/2025 04/23/25 For Sale $1,995,000 +15.7% $496 / Sq Ft
06/16/2023 06/16/23 Sold $1,725,000 -13.7% $437 / Sq Ft
06/09/2023 06/09/23 Pending -- -- --
05/04/2023 05/04/23 For Sale $1,999,000 -- $506 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP25086383

California Regional Multiple Listing Service (CRMLS)

APN: 139-491-28