Seller's Agent in 2023
Patrick Swanson
Pat Swanson
(213) 864-2862
1 in this area
57 Total Sales
600 Hamilton St Costa Mesa, CA 92627
Westside Costa Mesa Neighborhood
11
Beds
9
Baths
7,430
Sq Ft
0.46
Acres
Highlights
- 0.46 Acre Lot
- Laundry Room
- Paved or Partially Paved Lot
About This Home
As of December 2023The Hamilton is a Trophy 8 Unit Apartment complex located in the heart of Costa Mesa, on a 20,012 Sq. Ft. Lot! This asset consists of: (2) 3Bed / 2Bath, (4) 2Bed / 2Bath, (1) 2Bed / 2Bath House (Built 2023), and (1) 1Bed / 1Bath House (Built 2023). Amenities include; Large Upgraded or New Units, Ample Parking (Carport and Open), Washer / Dryer Hookups, a Solar EV Charge Outlet and Spacious Patios & Balconies throughout. The buildings also benefit from newer construction (75% built in 1978, & 25% built in 2023), as well as its prime location; less than 1 mile from Triangle Square, and 2 Miles to the Sand! Additionally, the current owner has spent over $900,000+ in the past 4 Years converting this unique asset into a Turn-Key / low maintenance property. Please drive by only, and do not disturb the tenants.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1978
Lot Details
- 0.46 Acre Lot
- Two or More Common Walls
- Paved or Partially Paved Lot
Home Design
- Property Attached
- Entry on the 1st floor
Interior Spaces
- 7,430 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 11 Bedrooms
- 9 Bathrooms
Parking
- 9 Open Parking Spaces
- 15 Parking Spaces
- 6 Carport Spaces
Listing and Financial Details
- Tax Lot 39
- Tax Tract Number 9
- Assessor Parcel Number 42221120
- $2,013 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 8 Units
Building Details
- 9 Separate Electric Meters
- 9 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $450
- Fuel Expense $432
- Insurance Expense $3,273
- Trash Expense $4,648
- Water Sewer Expense $2,316
- Operating Expense $79,344
- Gross Income $261,143
- Net Operating Income $190,799
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/01/2023 12/01/23 | Sold | $4,525,000 | -3.7% | $609 / Sq Ft |
| 09/14/2023 09/14/23 | For Sale | $4,700,000 | -- | $633 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $50,534 | $4,615,500 | $3,995,423 | $620,077 |
| 2024 | $50,534 | $4,525,000 | $3,917,081 | $607,919 |
| 2023 | $25,629 | $2,224,817 | $1,822,743 | $402,074 |
| 2022 | $24,953 | $2,181,194 | $1,787,003 | $394,191 |
| 2021 | $24,307 | $2,138,426 | $1,751,964 | $386,462 |
| 2020 | $24,075 | $2,116,500 | $1,734,000 | $382,500 |
| 2019 | $7,856 | $576,852 | $206,024 | $370,828 |
| 2018 | $7,717 | $565,542 | $201,985 | $363,557 |
| 2017 | $7,592 | $554,453 | $198,024 | $356,429 |
| 2016 | $7,437 | $543,582 | $194,141 | $349,441 |
| 2015 | $7,354 | $535,417 | $191,224 | $344,193 |
| 2014 | $7,186 | $524,929 | $187,478 | $337,451 |
Source: Public Records
Agents Affiliated with this Home
-
Patrick Swanson
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC23171405
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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