NOT LISTED FOR SALE
2 Beds
2 Baths
1,174 Sq Ft
6,534 Sq Ft Lot

Last Sold October 31, 2014

Last sale price $760,000 $647 Per Sq Ft

45 Days on Market

Highlights

  • Property is near park
  • Wood Flooring
  • Living Room
  • Mariners Elementary School Rated A
  • Two Homes on a Lot
  • Laundry Room

About This Home

As of October 2014

Rare East Costa Mesa Duplex in Amazing Location! The property consists of two units – each with one bedroom and one full bathroom on a large lot with separate backyards and common front yard. Located walking distance to 17th street grocery, restaurants, and shopping. ½ block to Harper Park. 2 blocks to Mariners Park and Mariners Elementary School. 1 mile to Newport Harbor High School. 2 miles to the Peninsula. Tenants are on month to month rental with below market rents which haven’t been raised in over five years.

Last Agent to Sell the Property

Ash Dudheker

Hive Realty License #01901926 Listed on: 07/11/2014

Last Buyer's Agent

Don Abrams

Abrams Coastal Properties License #01234323

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 6,534 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Block Wall Fence
  • Back and Front Yard

Parking

  • 2 Car Garage

Home Design

  • Property Attached
  • Slab Foundation
  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,174 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Gas Oven
  • Gas Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Washer and Gas Dryer Hookup

Additional Features

  • No Interior Steps
  • Exterior Lighting
  • Two Homes on a Lot
  • Property is near park
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas, grounds care, water
  • Tax Lot 116
  • Tax Tract Number 516
  • Assessor Parcel Number 42502113

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $700
  • Water Sewer Expense $600
  • New Taxes Expense $4,660
  • Gross Income $2,800
  • Net Operating Income $27,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Eastside South (ESCM)
  • View: No
  • Water Sewer Expenses: 600.00
  • Property Type: Residential Income
  • Parcel Number: 42502113
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl, Wood
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 647.36
  • Room Type: Living Room

Exterior Features

  • Foundation: Slab
  • Other Structures: Two On A Lot
  • Fencing: Block, Wood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, In Kitchen, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Back Yard, Front Yard, Park Nearby
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Rental Info

  • Tenant Pays: Electricity, Gas, Grounds Care, Water

Multi Family

  • Gross Income: 2800.00
  • Gross Scheduled Income: 33600.00
  • Insurance Expense: 700.00
  • Lot Size Area: 6534.0000 Square Feet
  • Net Operating Income: 27600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 5960.00
  • Rent Control: No
  • Total Actual Rent: 33600.00

Tax Info

  • New Taxes Expense: 4660.00
  • Tax Lot: 116
  • Tax Tract Number: 516
  • Tax Year: 2013
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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
10/31/2014 10/31/14 Sold $760,000 -4.9% $647 / Sq Ft
08/25/2014 08/25/14 Pending -- -- --
07/11/2014 07/11/14 For Sale $799,000 -- $681 / 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 $10,979 $913,401 $871,584 $41,817
2024 $10,979 $895,492 $854,494 $40,998
2023 $10,622 $877,934 $837,739 $40,195
2022 $10,315 $860,720 $821,313 $39,407
2021 $10,008 $843,844 $805,209 $38,635
2020 $9,884 $835,192 $796,953 $38,239
2019 $9,667 $818,816 $781,326 $37,490
2018 $9,471 $802,761 $766,006 $36,755
2017 $9,315 $787,021 $750,986 $36,035
2016 $9,120 $771,590 $736,261 $35,329
2015 $9,035 $760,000 $725,201 $34,799
2014 $4,691 $351,059 $306,816 $44,243
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC14160534

California Regional Multiple Listing Service (CRMLS)

APN: 425-021-13