NOT LISTED FOR SALE

393 Broadway Costa Mesa, CA 92627

Downtown Costa Mesa Neighborhood
2 Beds
3 Baths
1,700 Sq Ft
6,098 Sq Ft Lot

Last Sold April 11, 2022

Last sale price $2,100,000 $1,235 Per Sq Ft

11 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Laundry Room
  • Mariners Elementary School Rated A
  • Living Room
  • Bike Trail

About This Home

As of April 2022

We are pleased to present the sale of 393 Broadway, a 3 unit multifamily property located in Eastside Costa Mesa. This rare triplex offers multiple opportunities for either the investor looking to grow their portfolio, or for an owner user looking to live in one unit while generating excellent income form the other two. This property offers a favorable unit mix with (2) 1 bedroom / 1 bathroom units and a nice sized studio. All three units are separately metered for electricity and offer private laundry hook-ups. This asset is located in one of the most desirable rental markets in Orange County and feeds to the award winning Mariners Elementary, while offering tenants close proximity to major freeways, John Wayne Airport, and all the amenities 17th Street has to offer!

Last Agent to Sell the Property

Tim Carr

Pacific Sotheby's Int'l Realty License #01017277 Listed on: 03/15/2022

Last Buyer's Agent

Tim Carr

Pacific Sotheby's Int'l Realty License #01017277 Listed on: 03/15/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 6,098 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot
  • Sprinkler System
  • Front Yard

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 1,700 Sq Ft Home
  • 2-Story Property
  • Living Room

Kitchen

  • Electric Oven
  • Gas Cooktop

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Listing and Financial Details

  • Legal Lot and Block 23 / A
  • Tax Tract Number 836
  • Assessor Parcel Number 11729213

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units
  • Eastside Central Subdivision

Recreation

  • Bike Trail

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $75,240

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Price Per Unit: 665000
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Eastside Central (ECCM)
  • View: No
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 11729213
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Levels: One, Two
  • Price Per Square Foot: 1235.29
  • Room Type: Kitchen, Living Room

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Utilities

  • Laundry: Yes
  • Appliances: Electric Oven, Gas Cooktop
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lot 6500-9999, Rectangular Lot, Sprinkler System
  • Lot Size Sq Ft: 6098.00
  • Lot Size Acres: 0.1400

Multi Family

  • Gross Income: 75240.00
  • Gross Scheduled Income: 75240.00
  • Lot Size Area: 6098.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Block: A
  • Tax Census Tract: 633.02
  • Tax Lot: 23
  • Tax Tract Number: 836

Range of Values:

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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 Change Sq Ft Price
04/11/2022 04/11/22 Sold $2,100,000 +5.3% $1,235 / Sq Ft
03/26/2022 03/26/22 Pending -- -- --
03/15/2022 03/15/22 For Sale $1,995,000 -- $1,174 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Tim Carr

    Seller's Agent in 2022

    Tim Carr

    Pacific Sotheby's Int'l Realty

    (949) 230-8454

    12 in this area

    154 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP22049116

California Regional Multiple Listing Service (CRMLS)

APN: 117-292-13

California Orange County Costa Mesa 92627 Downtown Costa Mesa

393 Broadway, Costa Mesa, CA

This home is located at 393 Broadway, Costa Mesa, CA 92627 since 15 March 2022. This property was built in 1951. 393 Broadway is a home located in Orange County with nearby schools including Mariners Elementary School, Horace Ensign Intermediate School, and Newport Harbor High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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