J
Seller's Agent in 2018
Julian Tooma
Breeze Real Estate
(949) 371-1772
2 in this area
15 Total Sales
431 Hamilton St Costa Mesa, CA 92627
6
Beds
3
Baths
2,549
Sq Ft
9,727
Sq Ft Lot
Highlights
- No Units Above
- Craftsman Architecture
- Double Pane Windows
- Costa Mesa High School Rated A-
- No HOA
- Laundry Room
About This Home
As of September 2018Highest cap rate on the market in Costa Mesa. Newly remodeled and cash flowing with great tenants. Lives like three separate homes with a stand alone front unit and only the garages of the back two units sharing a wall. The front home has a detached two car garage and the back units have attached one car garages. Every detail was meticulously considered for easy and low cost maintenance including faux-wood tile flooring throughout, drought tolerant landscaping, and modern finishes to attract responsible and sophisticated tenants. Along with the beautiful new flooring, the units received all wood grey shaker cabinets, quartz countertops, stainless steel appliances including refrigerators, laundry equipment, exterior doors and windows, interior doors, casing and baseboard, mirrored closet doors, grey subway tiled showers, water saving plumbing fixtures, LED electrical fixtures, paint inside and outside, and much more love and care. All units have their own spacious and private outdoor spaces, interior laundry, garages, and are all metered separately for gas and electricity. The location is conveniently located near Triangle Square, hip new restaurants and amenities, and just a short drive to the 55 freeway, Harbor blvd, and Newport Blvd.
*DO NOT DISTURB TENANTS*
Last Agent to Sell the Property
Breeze Real Estate License #01897822 Listed on: 02/28/2018
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961
Lot Details
- 9,727 Sq Ft Lot
- Lot Dimensions are 50x195
- No Units Above
- No Units Located Below
- 1 Common Wall
- Wood Fence
- Back and Front Yard
Parking
- 4 Car Garage
- 4 Open Parking Spaces
- Parking Available
- Garage Door Opener
- Driveway
- Assigned Parking
Home Design
- Craftsman Architecture
- Property Attached
- Turnkey
- Slab Foundation
- Composition Roof
- Stucco
Interior Spaces
- 2,549 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Tile Flooring
Kitchen
- Gas Range
- Microwave
- Water Line To Refrigerator
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Rain Gutters
Utilities
- Wall Furnace
- Water Heater
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 10
- Tax Tract Number 247
- Assessor Parcel Number 41918110
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 3 Units
Building Details
- 3 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
- Gardener Expense $600
- Insurance Expense $1,518
- Maintenance Expense $600
- Water Sewer Expense $600
- New Taxes Expense $12,852
- Operating Expense $16,170
- Gross Income $95,100
- Net Operating Income $78,930
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
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/14/2018 09/14/18 | Sold | $1,650,000 | -5.4% | $647 / Sq Ft |
| 03/26/2018 03/26/18 | Price Changed | $1,745,000 | -2.8% | $685 / Sq Ft |
| 02/28/2018 02/28/18 | For Sale | $1,795,000 | +67.0% | $704 / Sq Ft |
| 12/13/2016 12/13/16 | Sold | $1,075,000 | -6.4% | $422 / Sq Ft |
| 09/28/2016 09/28/16 | Pending | -- | -- | -- |
| 09/13/2016 09/13/16 | For Sale | $1,149,000 | -- | $451 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Julian Tooma
-
Walter Mitchell
Buyer's Agent in 2018
Walter Mitchell
Walter Mitchell, Broker
(949) 370-9012
1 in this area
14 Total Sales
-
Nick Hoffman
Seller's Agent in 2016
Nick Hoffman
Western International
(714) 741-8020
9 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: LG18045772
APN: 419-181-10
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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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