NOT LISTED FOR SALE

592 Hamilton St Costa Mesa, CA 92627

Westside Costa Mesa Neighborhood

Estimated Value: $932,000 - $3,453,000

9 Beds
5 Baths
3,900 Sq Ft
$627/Sq Ft Est. Value

Last Sold June 08, 2021

Last sale price $1,995,000 $512 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $14,845/month

98 Days on Market

Highlights

  • 0.48 Acre Lot
  • 7 Car Garage
  • 1-Story Property

About This Home

As of June 2021

Four-Unit Income/Development opportunity situated on a large 20,952 square foot lot. The property offers a unit mix consisting of one 3 bedroom/2 bathroom home with a 2 car garage that is fully detached. The other three units are 2 bedroom/1 bathroom with a 1 car garage. There is also an additional 2 car garage. The Property has approved building plans for 6 new detached homes from previous seller. Great Costa Mesa location, minutes to transportation, beach, fine dining, shopping and eclectic entertainment.

Last Agent to Sell the Property

Petra Areskoug

Keller Williams Beverly Hills License #02039721 Listed on: 12/20/2020

Keller Williams Beverly Hills

Last Buyer's Agent

Kristina Heimstaedt

Coldwell Banker Realty License #01950536

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 0.48

Parking

  • 7 Car Garage
  • Unassigned Parking

Home Design

  • Quadruplex

Interior Spaces

  • 3,900 Sq Ft Home
  • 1-Story Property
  • Gas Dryer Hookup

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Additional Features

  • 0.48 Acre Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Assessor Parcel Number 422-021-32

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Parking

7

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3900
  • Lot Acreage: 0.4810
  • Stories: 1
  • Year Built: 1956
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 9
  • Total Bathrooms: 5.00
  • Equipment: Gas Dryer Hookup
  • Price Per S Q F T: 511.54

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No

Garage/Parking

  • Garage Spaces: 7
  • Parking Garage: Garage, Unassigned
  • Total Parking: 15

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 9.64
  • Assessed Improvement Value: 156592
  • Assessed Land Percent: 90.36
  • Assessed Land Value: 1468408
  • Total Assessed Value: 1625000
  • Assessor Parcel Number: 422-021-32
  • Lot Size Area: 20952

Rental Info

  • Land Lease Type: Fee
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Type Of Units: Fourplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2020
Closed on
Jul 23, 2021
Sold by
Heimstaedt Jeff G and Heimstaedt Diane L
Bought by
Echo Beach Llc
Seller's Agent
Petra Areskoug
Keller Williams Beverly Hills
Buyer's Agent
Kristina Heimstaedt
Coldwell Banker Realty
List Price
$1,995,000
Sold Price
$1,995,000
Current Estimated Value
$2,444,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$449,592
Avg. Annual Appreciation
4.54%

Purchase Details

Closed on
Apr 3, 2021
Sold by
Pihl Martin Lennart
Bought by
Heimstaedt Jeff G and Heimstaedt Diane L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 4, 2016
Closed on
Aug 29, 2016
Sold by
Louis Nicholas A and Clayton Tamira Michelle
Bought by
Pihl Martin Lennart
Seller's Agent
Christian Walsh
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Andrea Routh
Realty One Group West
List Price
$1,650,000
Sold Price
$1,625,000
Premium/Discount to List
-$25,000
-1.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.50%

Purchase Details

Closed on
Jan 8, 2015
Sold by
Bertolino Pierre Jacques and Bertolino Anne Marie
Bought by
Louis Nicholas A and Clayton Tamira Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2008
Sold by
Bertolino Pierre Jacques and Bertolino Anne Marie
Bought by
Bertolino Pierre Jacques and Bertolino Anne Marie

Purchase Details

Closed on
Jan 23, 2007
Sold by
Bertolino Pierre Jacques and Bertolino Anna
Bought by
Bertolino Pierre Jacques

Purchase Details

Closed on
Jul 27, 2001
Sold by
Bertolino Pierre Jacques and Bertolino Anna
Bought by
Bertolino Pierre Jacques and Bertolino Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 1999
Sold by
Bertolino Anne Marie
Bought by
Bertolino Pierre Jacques

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 6, 1999
Sold by
Cheng Yen Lilian Pau Yu and Cheng Emilo
Bought by
Bertolino Pierre Jacques and Bertolino Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 1992
Sold by
Lien Kevin J and Lien Kenneth W
Bought by
Lien John S and Lien Christina M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Echo Beach Llc -- Accommodation
Heimstaedt Jeff G $1,995,000 First Amer Ttl Co Glendale
Pihl Martin Lennart $1,625,000 First American Title Company
Louis Nicholas A $1,400,000 First American Title Company
Bertolino Pierre Jacques -- None Available
Bertolino Pierre Jacques -- None Available
Bertolino Pierre Jacques -- None Available
Bertolino Pierre Jacques -- Commonwealth Land Title
Bertolino Pierre Jacques -- Southland Title Corporation
Bertolino Pierre Jacques $350,000 Southland Title Corporation
Lien John S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heimstaedt Jeff G $1,050,000
Previous Owner Louis Nicholas A $980,000
Previous Owner Bertolino Pierre Jacques $255,000
Previous Owner Bertolino Pierre Jacques $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/08/2021 06/08/21 Sold $1,995,000 0.0% $512 / Sq Ft
03/28/2021 03/28/21 Pending -- -- --
12/20/2020 12/20/20 For Sale $1,995,000 +22.8% $512 / Sq Ft
09/26/2016 09/26/16 Sold $1,625,000 -1.5% $417 / Sq Ft View Prior Sale
08/04/2016 08/04/16 For Sale $1,650,000 +1.5% $423 / Sq Ft
08/02/2016 08/02/16 Pending -- -- --
07/11/2016 07/11/16 Off Market $1,625,000 -- --
04/22/2016 04/22/16 For Sale $1,650,000 -- $423 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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
2025 $24,748 $2,117,109 $1,935,969 $181,140
2024 $24,748 $2,075,598 $1,898,009 $177,589
2023 $24,004 $2,034,900 $1,860,793 $174,107
2022 $23,425 $1,995,000 $1,824,306 $170,694
2021 $20,560 $1,742,328 $1,574,432 $167,896
2020 $20,306 $1,724,463 $1,558,288 $166,175
2019 $22,453 $1,690,650 $1,527,733 $162,917
2018 $19,458 $1,657,500 $1,497,777 $159,723
2017 $19,136 $1,625,000 $1,468,408 $156,592
2016 $16,066 $1,421,350 $1,257,582 $163,768
2015 $5,855 $447,592 $283,842 $163,750
2014 -- $438,825 $278,282 $160,543
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    Petra Areskoug

    Keller Williams Beverly Hills

    (310) 804-8067

    1 in this area

    6 Total Sales

    Petra Areskoug
    Section Image
  • Kristina Heimstaedt

    Buyer's Agent in 2021

    Kristina Heimstaedt

    Coldwell Banker Realty

    (949) 642-2599

    1 in this area

    9 Total Sales

    Kristina Heimstaedt
    Section Image
  • Christian Walsh

    Seller's Agent in 2016

    Christian Walsh

    Berkshire Hathaway HomeServices California Properties

    (949) 677-3466

    1 in this area

    83 Total Sales

    Christian Walsh
    Section Image
  • Andrea Routh

    Buyer's Agent in 2016

    Andrea Routh

    Realty One Group West

    (714) 968-4456

    38 Total Sales

    Andrea Routh
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 20-672368

The MLS

APN: 422-021-32

California Orange County Costa Mesa 92627 Westside Costa Mesa

592 Hamilton St, Costa Mesa, CA

Not Listed for Sale

MultiFamily

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