NOT LISTED FOR SALE
5 Beds
4 Baths
2,184 Sq Ft
8,712 Sq Ft Lot

Last Sold March 27, 2017

Last sale price $1,250,000 $572 Per Sq Ft

299 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Back Yard
  • Mariners Elementary School Rated A
  • Central Heating

About This Home

As of March 2017

Great investment property in prime location for investor or owner occupant looking for a extra income located in highly sought after Eastside Costa Mesa. Feeds to National Blue Ribbon School Mariners Elementary as well as Newport Harbor High School. The front unit is 3 bedroom, 2 bath with a private backyard. The front unit has recently had the ceilings scraped, the new wood vinyl flooring and carpet have been done, and it has been painted. In addition, there will be new vanities in the bathrooms. The back unit is a 2 bedroom, 2 bath featuring an open floor plan. In addition to a large, private yard, the back unit includes a retreat, perfect for a workshop, artist studio, an arts and crafts room or so much more. The back has recently been painted and carpeted and a new water heater, heater and A/C have been put in the back unit.
This property is located near beaches, the back bay, shopping at the Triangle, Fashion Island, South Coast Plaza, freeways, and is convenient to 17th Street and all of its retail convenience. Each unit has its own washer/dryer hookups.

Last Agent to Sell the Property

Christine Donovan

Christine Donovan, Broker License #01267479 Listed on: 05/01/2016

Co-Listed By

Steven Blatt

Christine Donovan, Broker License #01978216

Last Buyer's Agent

Ross Nelson

Marshall Reddick Real Estate License #01856547

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 8,712 Sq Ft Lot
  • 1 Common Wall
  • Back Yard

Parking

  • 3 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,184 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Utilities

  • Central Heating

Listing and Financial Details

  • Tax Lot 136
  • Tax Tract Number 516
  • Assessor Parcel Number 11729131

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gross Income $5,000
  • Net Operating Income $61,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 11729131
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 572.34
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 8712.00
  • Price Per Lot Square Foot: 166.44

Multi Family

  • Gross Income: 5000.00
  • Gross Scheduled Income: 61200.00
  • Net Operating Income: 61200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 136
  • Tax Tract Number: 516

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 List to Sale Price per Sq Ft
03/27/2017 03/27/17 Sold $1,250,000 -10.7% $572 / Sq Ft
12/17/2016 12/17/16 Price Changed $1,400,000 -3.4% $641 / Sq Ft
05/01/2016 05/01/16 For Sale $1,450,000 -- $664 / 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: OC16172640

California Regional Multiple Listing Service (CRMLS)

APN: 117-291-31