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Seller's Agent in 2023
Nick Gould
Morgan Skenderian
374 Hamilton St Costa Mesa, CA 92627
Estimated Value: $1,200,000 - $1,510,354
1
Bed
1
Bath
1,757
Sq Ft
$739/Sq Ft
Est. Value
Highlights
- Laundry Room
- Costa Mesa High School Rated A-
- 1-Story Property
About This Home
As of April 2023**HIGHLY MOTIVATED SELLER, PRICE REDUCED $150,000** We are pleased to present 374 & 376 Hamilton Street in the premier coastal submarket of Costa Mesa. The two individual parcels are situated on a large, 7,000 Sq. Ft. lots, totaling 14,000 sq. ft. that provide investors opportunities galore. The two parcels can be purchased together or separately. Each parcel offers multiple options for redevelopment, including single-family homes, duplexes, or triplexes. The site is exceptionally well located on the Eastside of Harbor Boulevard, near shopping and dining and only a short distance to the famous beaches of Newport Beach.
Last Agent to Sell the Property
Nick Gould
Morgan Skenderian License #01521955 Listed on: 06/06/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1947
Lot Details
- 0.32 Acre Lot
- No Common Walls
- Density is 2-5 Units/Acre
Parking
- 1 Car Garage
Interior Spaces
- 1,757 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Bathroom
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 18
- Tax Tract Number 9
- Assessor Parcel Number 41917239
- $1,428 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Gardener Expense $1,200
- Insurance Expense $703
- Maintenance Expense $3,744
- New Taxes Expense $21,042
- Operating Expense $30,657
- Gross Income $62,400
- Net Operating Income $29,871
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 6, 2022
Closed on
Feb 24, 2023
Sold by
Drw Properties Llc
Bought by
Hamilton Street Partners Llc
Seller's Agent
Nick Gould
Morgan Skenderian
Buyer's Agent
Rick Applebaum
Morgan Skenderian
List Price
$2,000,000
Sold Price
$1,625,000
Premium/Discount to List
-$375,000
-18.75%
Views
27
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$325,911
Avg. Annual Appreciation
-7.79%
Original Mortgage
$825,000
Interest Rate
6.73%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Feb 28, 2019
Sold by
Ward Donald Douglas
Bought by
Drw Properties Llc
Purchase Details
Closed on
Mar 14, 2003
Sold by
Edwards Lawrence James
Bought by
Ward Donald Douglas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
5.54%
Purchase Details
Closed on
Dec 19, 2002
Sold by
374 Hamilton Lp
Bought by
Edwards Lawrence James
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.12%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hamilton Street Partners Llc | $1,625,000 | Chicago Title Company | |
| Drw Properties Llc | -- | None Available | |
| Ward Donald Douglas | -- | None Available | |
| Ward Donald Douglas | $380,000 | Fidelity National Title Ins | |
| Edwards Lawrence James | -- | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Hamilton Street Partners Llc | $825,000 | |
| Previous Owner | Ward Donald Douglas | $304,000 | |
| Previous Owner | Edwards Lawrence James | $210,000 | |
| Closed | Ward Donald Douglas | $38,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/21/2023 04/21/23 | Sold | $1,625,000 | -12.2% | $925 / Sq Ft |
| 08/30/2022 08/30/22 | Pending | -- | -- | -- |
| 08/01/2022 08/01/22 | Price Changed | $1,850,000 | -7.5% | $1,053 / Sq Ft |
| 06/06/2022 06/06/22 | For Sale | $2,000,000 | -- | $1,138 / 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 | $9,759 | $847,926 | $806,039 | $41,887 |
| 2024 | $9,759 | $831,300 | $790,234 | $41,066 |
| 2023 | $6,465 | $528,987 | $486,227 | $42,760 |
| 2022 | $6,247 | $518,615 | $476,693 | $41,922 |
| 2021 | $6,064 | $508,447 | $467,347 | $41,100 |
| 2020 | $8,962 | $785,400 | $749,784 | $35,616 |
| 2019 | $5,864 | $493,367 | $453,485 | $39,882 |
| 2018 | $5,747 | $483,694 | $444,594 | $39,100 |
| 2017 | $5,652 | $474,210 | $435,876 | $38,334 |
| 2016 | $5,533 | $464,912 | $427,329 | $37,583 |
| 2015 | $5,481 | $457,929 | $420,910 | $37,019 |
| 2014 | $5,358 | $448,959 | $412,665 | $36,294 |
Source: Public Records
Agents Affiliated with this Home
-
-
Rick Applebaum
Seller Co-Listing Agent in 2023
Rick Applebaum
Morgan Skenderian
(949) 251-8800
69 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW22120918
APN: 419-172-39
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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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