ID
Seller's Agent in 2021
Ignacio Diaz Jr
Investment Capital Real Estate
(949) 201-8817
14 Total Sales
381 Hamilton St Costa Mesa, CA 92627
Costa Mesa Area
3
Beds
2
Baths
8,891
Sq Ft
0.61
Acre Lot
Highlights
- Secluded Lot
- Community Pool
- Laundry Facilities
- Costa Mesa High School Rated A-
- Landscaped
About This Home
As of December 2021Located in the highly desirable city of Costa Mesa, one of Orange County's premier rental markets bordering the affluent city of Newport Beach. This
location gives tenants convenient access to world class beaches, the Newport Back Bay Trails, a plethora of hip dining establishments and South Coast
Plaza, the nation's largest shopping center on the West Coast. Built in 1975 on an oversized, 26,572 square foot lot, the Hamilton Apartment
Homes consist of three separate buildings set back from the street with a remote access gate in the front providing added privacy. The large lot and
design layout provide a low-density, quiet residential living environment for tenants. Property features include, fireplaces, vaulted ceilings, pool,
assigned parking, on-site laundry service, and mature landscape throughout. 381 Hamilton Street is a true value-add investment opportunity with 30%±
upside in rents in a prime coastal location, providing a real estate investor increased revenue potential with the right reposition efforts and an excellent
long-term investment property.
Last Agent to Sell the Property
Investment Capital Real Estate License #01379930 Listed on: 09/29/2021
Last Buyer's Agent
Investment Capital Real Estate License #01379930 Listed on: 09/29/2021
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1975
Lot Details
- 26,572 Sq Ft Lot
- Two or More Common Walls
- Landscaped
- Secluded Lot
Home Design
- Property Attached
Interior Spaces
- 8,891 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Parking
- 12 Open Parking Spaces
- 25 Parking Spaces
- 13 Carport Spaces
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 19
- Tax Tract Number 181
- Assessor Parcel Number 41918119
Community Details
Overview
- 3 Buildings
- 13 Units
- Costa Mesa Residential Income Subdivision
Amenities
- Laundry Facilities
Recreation
- Community Pool
Building Details
- 13 Leased Units
- 14 Separate Electric Meters
- 14 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,045
- Fuel Expense $1,040
- Insurance Expense $4,615
- Maintenance Expense $10,214
- Other Expense $6,590
- Trash Expense $6,730
- Water Sewer Expense $6,730
- Operating Expense $90,544
- Gross Income $296,340
- Net Operating Income $201,154
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 |
|---|---|---|---|
| $4,575,000 | Commonwealth Land Title | ||
| Howard M Potiker Separate Property Trust | -- | -- |
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 |
|---|---|---|---|---|
| 12/10/2021 12/10/21 | Sold | $4,575,000 | -3.7% | $515 / Sq Ft |
| 10/11/2021 10/11/21 | Pending | -- | -- | -- |
| 09/29/2021 09/29/21 | For Sale | $4,750,000 | -- | $534 / 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 | $56,276 | $5,034,979 | $4,281,020 | $753,959 |
| 2025 | $56,276 | $4,855,026 | $4,197,078 | $657,948 |
| 2024 | $55,214 | $4,759,830 | $4,114,782 | $645,048 |
| 2023 | $53,739 | $4,666,500 | $4,034,100 | $632,400 |
| 2022 | $52,279 | $1,878,624 | $1,177,494 | $701,130 |
| 2021 | $22,980 | $1,841,789 | $1,154,406 | $687,383 |
| 2020 | $22,761 | $1,822,904 | $1,142,569 | $680,335 |
| 2019 | $22,357 | $1,787,161 | $1,120,165 | $666,996 |
| 2018 | $21,945 | $1,752,119 | $1,098,201 | $653,918 |
| 2017 | $21,580 | $1,717,764 | $1,076,667 | $641,097 |
| 2016 | $21,124 | $1,684,083 | $1,055,556 | $628,527 |
| 2015 | $20,900 | $1,658,787 | $1,039,701 | $619,086 |
| 2014 | $20,417 | $1,626,294 | $1,019,335 | $606,959 |
Source: Public Records
Agents Affiliated with this Home
-
Ignacio Diaz Jr
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP21216511
APN: 419-181-19
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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