NOT LISTED FOR SALE
7 Beds
4 Baths
3,015 Sq Ft
8,746 Sq Ft Lot

Sale Details

Date Sold: June 28, 2021

Last sale price $2,050,000 $680 Per Sq Ft

8 Days on Market

Highlights

  • Central Heating
  • Woodland Elementary School Rated A
  • Laundry Facilities

About This Home

As of June 2021

We are pleased to present this coveted Eastside Costa Mesa Triplex, comprised of a 3BR/2BA detached single-family residence that includes an attached 2-car garage. The duplex located at the rear of the property consists of two(2) 2BR/1BA with single car garages. All three units feature private patios and/or yards with new fencing. The detached 3-Bedroom residence is very tidy with recent Vinyl window replacement and PEX re-piping. Both of the duplex units have complete kitchen remodels including, new flooring, cabinets, countertops, and appliances in the last five years. Both bathrooms in the duplex have also undergone extensive remodeling in the last five years. All of the windows in the duplex have been replaced with double-paned vinyl windows. Both units have also had new water heaters installed. All of the garage doors have been replaced throughout the property.

Last Agent to Sell the Property

Nick Gould

Morgan Skenderian License #01521955 Listed on: 05/21/2021

Co-Listed By

Damien Breaux

Morgan Skenderian License #01460301

Last Buyer's Agent

Mike Kennedy

Pacific Sotheby's Int'l Realty License #01378430

Pacific Sotheby's Int'l Realty
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 8,746 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage

Interior Spaces

  • 3,015 Sq Ft Home
  • 2-Story Property
  • Washer and Gas Dryer Hookup

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Central Heating

Listing and Financial Details

  • Tax Lot 216
  • Tax Tract Number 516
  • Assessor Parcel Number 42623116

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $2,018
  • Maintenance Expense $4,424
  • Other Expense $3,060
  • New Taxes Expense $22,373
  • Operating Expense $34,598
  • Gross Income $81,946
  • Net Operating Income $47,348

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

8,746 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 42623116
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 679.93

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 8746.00
  • Lot Size Acres: 0.2008

Multi Family

  • Gross Operating Income: 81946.00
  • Gross Scheduled Income: 84480.00
  • Insurance Expense: 2018.00
  • Lot Size Area: 8746.0000 Square Feet
  • Maintenance Expense: 4424.00
  • Maintenance Percent: 5.00
  • Net Operating Income: 47348.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 34598.00
  • Operating Expense Percent: 41.00
  • Other Expense: 3060.00
  • Other Expense Description: Utility
  • Rent Control: Yes
  • Total Expenses: 34598.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 22373.00
  • Tax Census Tract: 631.03
  • Tax Lot: 216
  • Tax Tract Number: 516

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
May 21, 2021
Closed on
Jun 4, 2021
Sold by
Bought by
Seller's Agent
Nick Gould
Morgan Skenderian
Buyer's Agent
Mike Kennedy
Pacific Sotheby's Int'l Realty
List Price
$2,125,000
Sold Price
$2,050,000
Premium/Discount to List
-$75,000
-3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,224,000
Outstanding Balance
$1,083,749
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$541,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,590
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,590
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Eastside Costa Mesa, CA

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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
$2,050,000 Ticor Title Company Of Ca
-- Fidelity National Title Co
-- --
-- Gateway Title Company
$415,000 Gateway Title Company
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 $1,224,000
Previous Owner $511,700
Previous Owner $500,000
Previous Owner $600,000
Previous Owner $541,000
Previous Owner $80,000
Previous Owner $407,000
Previous Owner $60,000
Previous Owner $410,000
Previous Owner $368,590
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
06/28/2021 06/28/21 Sold $2,050,000 -3.5% $680 / Sq Ft
05/29/2021 05/29/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $2,125,000 -- $705 / 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 $25,736 $2,263,364 $1,876,937 $386,427
2025 $25,211 $2,218,985 $1,840,135 $378,850
2024 $25,211 $2,175,476 $1,804,054 $371,422
2023 $24,472 $2,132,820 $1,768,680 $364,140
2022 $23,872 $2,091,000 $1,734,000 $357,000
2021 $7,881 $589,266 $413,410 $175,856
2020 $7,763 $583,224 $409,171 $174,053
2019 $7,587 $571,789 $401,148 $170,641
2018 $7,431 $560,578 $393,282 $167,296
2017 $7,317 $549,587 $385,571 $164,016
2016 $7,175 $538,811 $378,011 $160,800
2015 $7,108 $530,718 $372,333 $158,385
2014 $6,959 $520,322 $365,039 $155,283
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21109275

California Regional Multiple Listing Service (CRMLS)

APN: 426-231-16

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