Drew Teicheira
Harcourts Place
(877) 672-0775
91 Total Sales
2 in Downtown Costa Mesa
$1.3M - $1.9M Price Range
369 W Bay St Costa Mesa, CA 92627
Downtown Costa Mesa Neighborhood
1
Bed
1
Bath
6,639
Sq Ft
0.28
Acre Lot
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.
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1976
Lot Details
- 12,310 Sq Ft 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
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
Listed on
Aug 22, 2016
Closed on
Oct 18, 2016
Sold by
Bought by
Seller's Agent
Pat Swanson
Pat Swanson
Buyer's Agent
Brett Bayless
Brett Bayless, Broker
List Price
$2,750,000
Sold Price
$2,760,000
Premium/Discount to List
$10,000
0.36%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,470,000
Interest Rate
3.48%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
May 13, 2005
Sold by
Bought by
Purchase Details
Closed on
Jun 11, 1998
Sold by
Bought by
Purchase Details
Closed on
Aug 2, 1996
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Costa Mesa, CA
-
Drew Teicheira
-
Sophia Tran
Sophia Tran
Cali Real Estate, Inc.
(657) 306-5396
25 Total Sales
1 in Downtown Costa Mesa
$975,000 Price
-
Tom Unvert
Tom Unvert
Douglas Elliman Of California
(949) 541-6470
39 Total Sales
1 in Downtown Costa Mesa
$2,060,000 Price
-
James Kezios
James Kezios
Responds QuicklyDouglas Elliman of California
(949) 867-6909
21 Total Sales
1 in Downtown Costa Mesa
$2,395,000 Price
-
Michael Shank
Michael Shank
Compass
(949) 518-0510
35 Total Sales
2 in Downtown Costa Mesa
$725K - $1.2M Price Range
-
Brad Hansen
Brad Hansen
ENRG Realty, Inc
(949) 570-5651
89 Total Sales
2 in Downtown Costa Mesa
$1,215,888 Price Range
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 |
|---|---|---|---|
| $2,760,000 | Commonwealth Land Title Co | ||
| $2,075,000 | Ticor Title Orange Branch | ||
| -- | -- | ||
| $615,000 | Fidelity National Title Ins |
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 | $1,900,000 | ||
| Closed | $1,470,000 | ||
| Previous Owner | $385,000 | ||
| Previous Owner | $600,000 |
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 |
|---|---|---|---|---|
| 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
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 |
|---|---|---|---|---|
| 2026 | $37,875 | $3,267,279 | $2,083,484 | $1,183,795 |
| 2025 | $37,875 | $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
Seller's Agent in 2016
Pat Swanson
Pat Swanson
(213) 864-2862
55 Total Sales
-
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
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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