J
Seller's Agent in 2018
Julian Tooma
Breeze Real Estate
(949) 371-1772
8 Total Sales
431 Hamilton St Costa Mesa, CA 92627
Costa Mesa Area
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
- Tile Flooring
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
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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 in unit
- 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
Amenities
- Laundry Facilities
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
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
Closed on
Sep 3, 2022
Sold by
Bought by
Purchase Details
Listed on
Feb 28, 2018
Closed on
Sep 5, 2018
Sold by
Bought by
Seller's Agent
Julian Tooma
Breeze Real Estate
Buyer's Agent
Walter Mitchell
Walter Mitchell, Broker
List Price
$1,795,000
Sold Price
$1,650,000
Premium/Discount to List
-$145,000
-8.08%
Purchase Details
Listed on
Sep 16, 2016
Closed on
Oct 25, 2016
Sold by
Bought by
Seller's Agent
Nick Hoffman
Western International
Buyer's Agent
Julian Tooma
Breeze Real Estate
List Price
$1,149,000
Sold Price
$1,075,000
Premium/Discount to List
-$74,000
-6.44%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.74%
Original Mortgage
$860,000
Interest Rate
3.57%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 16, 2016
Closed on
Oct 20, 2016
Sold by
Bought by
Seller's Agent
Nick Hoffman
Western International
Buyer's Agent
Julian Tooma
Breeze Real Estate
List Price
$1,149,000
Sold Price
$1,075,000
Premium/Discount to List
-$74,000
-6.44%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$860,000
Interest Rate
3.57%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 10, 2013
Sold by
Bought by
Purchase Details
Closed on
Sep 24, 2004
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
$380,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 29, 2004
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
$380,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| -- | -- | ||
| $1,650,000 | Ticor Title | ||
| -- | Lawyers Title Company | ||
| -- | Lawyers Title Company | ||
| $1,075,000 | Lawyers Title Company | ||
| -- | Lawyers Title Company | ||
| -- | None Available | ||
| $750,000 | Lawyers Title Company | ||
| -- | Lawyers 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 |
|---|---|---|---|
| Previous Owner | $860,000 | ||
| Previous Owner | $380,000 | ||
| Previous Owner | $195,000 | ||
| Previous Owner | $16,600 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 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 | View Prior Sale |
| 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
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 | $21,674 | $1,877,415 | $1,771,459 | $105,956 |
| 2025 | $21,227 | $1,840,603 | $1,736,724 | $103,879 |
| 2024 | $21,227 | $1,804,513 | $1,702,670 | $101,843 |
| 2023 | $20,598 | $1,769,131 | $1,669,284 | $99,847 |
| 2022 | $20,101 | $1,734,443 | $1,636,553 | $97,890 |
| 2021 | $19,576 | $1,700,435 | $1,604,464 | $95,971 |
| 2020 | $19,346 | $1,683,000 | $1,588,013 | $94,987 |
| 2019 | $18,926 | $1,650,000 | $1,556,875 | $93,125 |
| 2018 | $13,067 | $1,096,500 | $998,276 | $98,224 |
| 2017 | $12,852 | $1,075,000 | $978,701 | $96,299 |
| 2016 | $10,218 | $828,424 | $714,397 | $114,027 |
| 2015 | $10,122 | $815,981 | $703,666 | $112,315 |
| 2014 | $9,902 | $799,998 | $689,883 | $110,115 |
Source: Public Records
Agents Affiliated with this Home
-
Julian Tooma
-
Walter Mitchell
Buyer's Agent in 2018
Walter Mitchell
Walter Mitchell, Broker
(949) 370-9012
15 Total Sales
-
Nick Hoffman
Seller's Agent in 2016
Nick Hoffman
Western International
(714) 741-8020
6 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: LG18045772
APN: 419-181-10
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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