M
Seller's Agent in 2013
Michael Cavner
William Michael Cavner, Broker
(949) 419-3200
3 Total Sales
361 La Perle Ln Costa Mesa, CA 92627
Downtown Costa Mesa Neighborhood
6
Beds
4
Baths
3,077
Sq Ft
1976
Built
Highlights
- Cottage
- Wood Siding
- No Heating
- Newport Heights Elementary Rated A
About This Home
As of February 2013Situated along a residential street in an excellent rental area of Costa Mesa, this rental investment consists of a 3 bedroom 2 bath house at the front of the property and a single two-story building at the rear with two 3 bedroom 2 bath units. This family-friendly unit mix has an elementary school conveniently adjacent to the property and a high school located only a few blocks away. Its excellent location gives residents easy access Newport Bay, the 55 and 405 freeways, Triangle Center, the 17th Street corridor and just minutes to South Coast Plaza, Fashion Island and the many fine local beaches of Newport Beach, Huntington Beach and Laguna Beach. The property has been owned and operated by a long-term principal and is currently 100 percent occupied. With a realistic upside in rents, this asset represents a prime investment opportunity.
Last Agent to Sell the Property
William Michael Cavner, Broker License #01274709 Listed on: 12/03/2012
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1976
Parking
- 3 Parking Spaces
Home Design
- 3,077 Sq Ft Home
- Cottage
- Wood Siding
- Stucco
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Utilities
- No Heating
Listing and Financial Details
- Tax Lot 24
- Tax Tract Number 1175
- Assessor Parcel Number 42531118
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
- Furniture Replacement Expense $750
- Gardener Expense $1,050
- Insurance Expense $923
- Maintenance Expense $900
- Other Expense $600
- Supplies Expense $450
- Water Sewer Expense $3,201
- New Taxes Expense $15,100
- Gross Income $74,280
- Net Operating Income $48,946
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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 |
|---|---|---|---|---|
| 02/01/2013 02/01/13 | Sold | $1,280,000 | -1.5% | $416 / Sq Ft |
| 12/14/2012 12/14/12 | Pending | -- | -- | -- |
| 12/03/2012 12/03/12 | For Sale | $1,300,000 | -- | $422 / 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 | $18,391 | $1,563,908 | $1,342,257 | $221,651 |
| 2024 | $18,391 | $1,533,244 | $1,315,939 | $217,305 |
| 2023 | $17,828 | $1,503,181 | $1,290,136 | $213,045 |
| 2022 | $17,376 | $1,473,707 | $1,264,839 | $208,868 |
| 2021 | $16,903 | $1,444,811 | $1,240,038 | $204,773 |
| 2020 | $16,698 | $1,429,997 | $1,227,323 | $202,674 |
| 2019 | $16,335 | $1,401,958 | $1,203,258 | $198,700 |
| 2018 | $16,003 | $1,374,469 | $1,179,665 | $194,804 |
| 2017 | $15,736 | $1,347,519 | $1,156,534 | $190,985 |
| 2016 | $15,403 | $1,321,098 | $1,133,857 | $187,241 |
| 2015 | $15,258 | $1,301,254 | $1,116,825 | $184,429 |
| 2014 | $14,914 | $1,275,765 | $1,094,948 | $180,817 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Cavner
-
Todd Bousman
Buyer's Agent in 2013
Todd Bousman
bouHAUS Properties
(949) 533-8633
4 in this area
35 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: S719755
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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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