Seller's Agent in 2021
Artie Dorr
Balboa Realty
(949) 500-9832
35 Total Sales
318 Ogle St Unit A-E Costa Mesa, CA 92627
Downtown Costa Mesa NeighborhoodEstimated Value: $2,518,000 - $3,973,564
10
Beds
5
Baths
3,500
Sq Ft
$971/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
- 15,189 Sq Ft 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
- Laundry in Garage
Bedrooms and Bathrooms
- 10 Bedrooms
- 5 Bathrooms
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
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
Dec 15, 2022
Sold by
Bought by
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
$1,214,065
Purchase Details
Listed on
Apr 1, 2021
Closed on
May 4, 2021
Sold by
Bought by
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
3.35%
Original Mortgage
$2,250,000
Interest Rate
2.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 11, 2021
Sold by
Bought by
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
Bought by
Purchase Details
Closed on
Dec 5, 2016
Sold by
Bought by
Purchase Details
Closed on
Feb 29, 1996
Sold by
Bought by
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
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| -- | Fidelity National Title | ||
| -- | First American Title Company | ||
| $2,820,000 | First American Title Company | ||
| -- | First American Title Company | ||
| -- | First American Title Company | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| $430,000 | Benefit Land Title Company | ||
| -- | Benefit Land Title Company |
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 |
|---|---|---|---|
| Open | $2,250,000 | ||
| Previous Owner | $2,250,000 | ||
| Previous Owner | $322,500 |
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 |
|---|---|---|---|---|
| 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
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 |
|---|---|---|---|---|
| 2025 | $36,103 | $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
13 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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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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