Seller's Agent in 2021
Artie Dorr
Balboa Realty
(949) 500-9832
1 in this area
31 Total Sales
318 Ogle St Unit A-E Costa Mesa, CA 92627
Downtown Costa Mesa NeighborhoodEstimated Value: $2,209,000 - $3,993,303
10
Beds
5
Baths
3,500
Sq Ft
$964/Sq Ft
Est. Value
Highlights
- 0.35 Acre Lot
- Property is near park
- 5 Car Direct Access Garage
- Newport Heights Elementary Rated A
- Private Yard
- 3-minute walk to Pinkley Park
About This Home
As of June 2021Eastside Costa Mesa Multi-Family Property for sale located at 318 Ogle on the ocean side of 17th St. Bordering Newport Beach, the property includes 5 individual 2 bedroom 1 bathroom homes that have single car garages and private backyards. Each unit is a free-standing home with no attached walls. 318 Ogle is a great opportunity for a developer looking for the next centrally located project. The property is zoned R2 medium density, situated on a 15,189 square foot lot (.35 Acre), with one of the best multifamily locations on the Coast. 318 Ogle St borders the coveted neighborhood of Newport Heights and it is prime for a value add or redevelopment project. The location has a high walkability score as it is within walking distance to Newport Heights Elementary School or a short bike ride to Ensign Middle School and Newport Harbor High. The proximity to 17th Street allows residents access to wonderful shopping and restaurants. The seller is selling the property as is with all the leases in place. All leases are month to month.
Last Buyer's Agent
Outside Agent
Newport Beach Assoc of Realto License #000000000
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1959
Lot Details
- 0.35 Acre Lot
- No Common Walls
- Rectangular Lot
- Private Yard
Parking
- 5 Car Direct Access Garage
- 5 Open Parking Spaces
- Parking Available
- Driveway Level
Home Design
- Fixer Upper
Interior Spaces
- 3,500 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Carbon Monoxide Detectors
Bedrooms and Bathrooms
- 10 Bedrooms
- 5 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Location
- Property is near park
- Urban Location
Additional Features
- Exterior Lighting
- Wall Furnace
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 75
- Tax Tract Number 516
- Assessor Parcel Number 42521314
Community Details
Overview
- 5 Buildings
- 5 Units
Recreation
- Park
- Bike Trail
Building Details
- 5 Leased Units
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $840
- Insurance Expense $3,000
- Pest Control $200
- Trash Expense $600
- Water Sewer Expense $3,000
- New Taxes Expense $27,500
- Operating Expense $7,640
- Gross Income $108,240
- Net Operating Income $100,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 15, 2022
Sold by
4Maples Llc
Bought by
4Maples Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,250,000
Outstanding Balance
$2,184,076
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$1,189,000
Purchase Details
Listed on
Apr 1, 2021
Closed on
May 4, 2021
Sold by
Larson Trent Fleming
Bought by
Larson Lucille Kanjer and Larson Lucille E
Seller's Agent
Artie Dorr
Balboa Realty
Buyer's Agent
Outside Agent
Newport Beach Assoc of Realto
List Price
$2,495,000
Sold Price
$2,880,000
Premium/Discount to List
$385,000
15.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.51%
Original Mortgage
$2,250,000
Interest Rate
2.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 11, 2021
Sold by
Martineau Kathleen
Bought by
Martineau Kathleen K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,250,000
Interest Rate
2.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 25, 2021
Sold by
Praga Annamaria N and Larson Lucille B
Bought by
Praga Annamaria N and Larson Lucille E
Purchase Details
Closed on
Dec 5, 2016
Sold by
Praga Annamaria N and Larson Lucille E Kanjer
Bought by
Praga Annamaria N and Larson Lucille E Kanjer
Purchase Details
Closed on
Feb 29, 1996
Sold by
Term Capital Corp
Bought by
Kanjer Anthony and Kanjer Susan M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Interest Rate
7.41%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 4Maples Llc | -- | Fidelity National Title | |
| Larson Lucille Kanjer | -- | First American Title Company | |
| 4Maples Llc | $2,820,000 | First American Title Company | |
| Praga Annamaria Natalia | -- | First American Title Company | |
| Martineau Kathleen K | -- | First American Title Company | |
| Martineau Kathleen K | -- | None Available | |
| Praga Annamaria N | -- | None Available | |
| Praga Annamaria N | -- | None Available | |
| Kanjer Anthony | $430,000 | Benefit Land Title Company | |
| Term Capital Corp | -- | Benefit Land Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 4Maples Llc | $2,250,000 | |
| Previous Owner | 4Maples Llc | $2,250,000 | |
| Previous Owner | Kanjer Anthony | $322,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/14/2021 06/14/21 | Sold | $2,880,000 | +15.4% | $823 / Sq Ft |
| 04/09/2021 04/09/21 | Pending | -- | -- | -- |
| 04/01/2021 04/01/21 | For Sale | $2,495,000 | -- | $713 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $35,333 | $3,052,458 | $2,835,973 | $216,485 |
| 2024 | $35,333 | $2,992,606 | $2,780,365 | $212,241 |
| 2023 | $34,256 | $2,650,000 | $2,446,000 | $204,000 |
| 2022 | $33,363 | $2,876,400 | $2,672,400 | $204,000 |
| 2021 | $9,723 | $659,941 | $453,113 | $206,828 |
| 2020 | $9,559 | $653,175 | $448,467 | $204,708 |
| 2019 | $9,335 | $640,368 | $439,673 | $200,695 |
| 2018 | $9,142 | $627,812 | $431,052 | $196,760 |
| 2017 | $9,010 | $615,502 | $422,600 | $192,902 |
| 2016 | $8,844 | $603,434 | $414,314 | $189,120 |
| 2015 | $8,762 | $594,370 | $408,090 | $186,280 |
| 2014 | $8,586 | $582,728 | $400,096 | $182,632 |
Source: Public Records
Agents Affiliated with this Home
-
Artie Dorr
-
Alex Batley
Seller Co-Listing Agent in 2021
Alex Batley
Balboa Realty
(949) 293-4629
1 in this area
15 Total Sales
-
O
Buyer's Agent in 2021
Outside Agent
CRMLS
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP21067078
APN: 425-213-14
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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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