Seller's Agent in 2021
Dee Shiohama
Berkshire Hathaway HomeService
(949) 640-7429
20 Total Sales
314 Ogle St Costa Mesa, CA 92627
Downtown Costa Mesa Neighborhood
3
Beds
3
Baths
6,862
Sq Ft
29,015
Sq Ft Lot
Highlights
- 0.67 Acre Lot
- Double Oven
- Storage
- Newport Heights Elementary Rated A
- Laundry Room
- 3-minute walk to Pinkley Park
About This Home
As of February 2021This Diamond in the rough is Back on the Market! This Eastside Costa Mesa 10 unit apartment property includes (1) 2 bed 2 bath apartment and (9) 1 bed 1 bath apartment, Each unit has a living/dining space with a back door at the ktichen area, charming wood beamed ceilings and a private outdoor patio for each apartment. In addition, there are 10 carports and 8 open parking spaces. Also a laundry room and storage area for the tenants. 314 Ogle St borders the coveted neighborhood of Newport Beach, California and it is perfect for the residential real estate developer looking for the next ideal real estate project. 314 Ogle St is zoned an R2 medium density property, situated on a 29,015 square foot lot (.67 Acre), with tremendous future value potential. The location of the property is highly desirable as it is walking distance to Newport Heights Elementary School or a short bike ride to Ensign or Newport Harbor High. It’s close proximity to 17th Street with wonderful shopping and restaurants.
Last Agent to Sell the Property
Berkshire Hathaway HomeService License #01720465 Listed on: 10/07/2020
Last Buyer's Agent
Michael Brinkman
Coastline Realty License #00926365
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1958
Lot Details
- 0.67 Acre Lot
- Two or More Common Walls
- Wood Fence
- Block Wall Fence
- Density is 6-10 Units/Acre
Home Design
- Apartment
- Composition Roof
Interior Spaces
- 6,862 Sq Ft Home
- 1-Story Property
- Storage
- Laundry Room
Kitchen
- Double Oven
- Gas Range
- Disposal
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Parking
- 8 Open Parking Spaces
- 18 Parking Spaces
- 10 Detached Carport Spaces
- Parking Available
Utilities
- Wall Furnace
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for cable TV, insurance, telephone
- Tax Lot 75
- Tax Tract Number 516
- Assessor Parcel Number 42521315
Community Details
Overview
- 2 Buildings
- 10 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- Electric Expense $7,053
- Fuel Expense $2,169
- Gardener Expense $1,680
- Insurance Expense $6,000
- Maintenance Expense $7,482
- Professional Management Expense $10,833
- Trash Expense $2,199
- Water Sewer Expense $3,780
- New Taxes Expense $61,875
- Operating Expense $44,650
- Gross Income $185,988
- Net Operating Income $149,997
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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 |
|---|---|---|---|---|
| 02/26/2021 02/26/21 | Sold | $3,975,000 | -13.6% | $579 / Sq Ft |
| 01/17/2021 01/17/21 | Pending | -- | -- | -- |
| 01/14/2021 01/14/21 | Price Changed | $4,600,000 | -7.1% | $670 / Sq Ft |
| 10/07/2020 10/07/20 | For Sale | $4,950,000 | -- | $721 / 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 | $48,804 | $4,302,667 | $4,004,999 | $297,668 |
| 2024 | $48,804 | $4,218,301 | $3,926,469 | $291,832 |
| 2023 | $47,479 | $4,135,590 | $3,849,480 | $286,110 |
| 2022 | $46,152 | $4,054,500 | $3,774,000 | $280,500 |
| 2021 | $5,766 | $262,715 | $108,637 | $154,078 |
| 2020 | $5,711 | $260,022 | $107,523 | $152,499 |
| 2019 | $5,654 | $254,924 | $105,415 | $149,509 |
| 2018 | $5,571 | $249,926 | $103,348 | $146,578 |
| 2017 | $5,492 | $245,026 | $101,322 | $143,704 |
| 2016 | $5,395 | $240,222 | $99,335 | $140,887 |
| 2015 | $5,323 | $236,614 | $97,843 | $138,771 |
| 2014 | $5,206 | $231,980 | $95,927 | $136,053 |
Source: Public Records
Agents Affiliated with this Home
-
Dee Shiohama
-
James Cameron
J
Seller Co-Listing Agent in 2021
James Cameron
Pacific Sotheby's International Realty
(949) 644-6200
9 Total Sales
-
M
Buyer's Agent in 2021
Michael Brinkman
Coastline Realty
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP20210064
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.
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
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