Seller's Agent in 2016
Pat Swanson
Pat Swanson
(213) 864-2862
55 Total Sales
369 W Bay St Costa Mesa, CA 92627
Downtown Costa Mesa Neighborhood
1
Bed
1
Bath
6,639
Sq Ft
0.28
Acres
About This Home
As of November 2016369 West Bay Street is 9 units located in an outstanding area of Costa Mesa. Surrounded by newer development, this nine-unit complex offers a safe and secure location which tenants find attractive. The property consists of nine (9), large (737 sq. ft.) one bedroom / one-bath units. Accompanied with garages, individual water heaters, separate metering and large open spaces, this truly is an investor' s dream. Walking Distance to Triangle Square, and Biking distance to Newport Beach, this 9 unit complex is perfectly located for Beach lovers who can have easy access to recreation, jobs, entertainment and restaurants. Other notable employers, as well as attractions in Costa Mesa are; The Orange County Performing Arts Center, Orange County South Coast Repertory Theater, and South Coast Plaza are prominent centers of cultural and economic activity within the City. The South Coast Plaza shopping center is the single largest commercial activity center in the City. The volume of sales generated by South Coast Plaza, on the strength of 322 stores, places it among the highest volume regional shopping centers in the nation.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1976
Lot Details
- 0.28 Acre Lot
- No Common Walls
- Landscaped
Parking
- 9 Car Garage
Home Design
- 6,639 Sq Ft Home
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Bathroom
Listing and Financial Details
- Tax Lot 21
- Tax Tract Number 9
- Assessor Parcel Number 41919212
Community Details
Overview
- 9 Units
Building Details
- 10 Separate Electric Meters
- 10 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $492
- Insurance Expense $2,660
- Water Sewer Expense $3,730
- New Taxes Expense $31,575
- Gross Income $13,210
- Net Operating Income $111,662
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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 |
|---|---|---|---|---|
| 11/28/2016 11/28/16 | Sold | $2,760,000 | +0.4% | $416 / Sq Ft |
| 09/19/2016 09/19/16 | Pending | -- | -- | -- |
| 08/22/2016 08/22/16 | For Sale | $2,750,000 | -- | $414 / 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 | $37,108 | $3,203,215 | $2,042,631 | $1,160,584 |
| 2024 | $37,108 | $3,140,407 | $2,002,579 | $1,137,828 |
| 2023 | $36,057 | $3,078,831 | $1,963,313 | $1,115,518 |
| 2022 | $34,931 | $3,018,462 | $1,924,816 | $1,093,646 |
| 2021 | $33,839 | $2,959,277 | $1,887,075 | $1,072,202 |
| 2020 | $33,515 | $2,928,934 | $1,867,726 | $1,061,208 |
| 2019 | $32,867 | $2,871,504 | $1,831,104 | $1,040,400 |
| 2018 | $32,235 | $2,815,200 | $1,795,200 | $1,020,000 |
| 2017 | $31,681 | $2,760,000 | $1,760,000 | $1,000,000 |
| 2016 | $20,763 | $1,731,617 | $1,327,604 | $404,013 |
| 2015 | $20,550 | $1,705,607 | $1,307,662 | $397,945 |
| 2014 | $20,073 | $1,672,197 | $1,282,047 | $390,150 |
Source: Public Records
Agents Affiliated with this Home
-
Pat Swanson
-
Brett Bayless
Buyer's Agent in 2016
Brett Bayless
Brett Bayless, Broker
(909) 235-7888
15 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC16185179
APN: 419-192-12
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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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