NOT LISTED FOR SALE
7 Beds
4 Baths
3,160 Sq Ft
6,098 Sq Ft Lot

Last Sold February 24, 2021

Last sale price $1,416,000 $448 Per Sq Ft

12 Days on Market

Highlights

  • No Units Above
  • Property is near a park
  • Laundry Room
  • Horace Ensign Intermediate School Rated A
  • Double Pane Windows
  • Bungalow

About This Home

As of February 2021

Meticulously maintained triplex close to downtown Costa Mesa/Newport Beach - Walking distance to shopping at Triangle Square & Popular Shopping/Restaurants along 17th Street. The mix of this building includes two 2 bedrooms 1 bath units, each with their own private backyard, and private indoor laundry & a 3rd 3 Bedroom 2.5 Bath Owners Style Unit with an attached 2 car garage, private laundry, massive upstairs deck, and private backyard. Two of the units have nearly new kitchens, fireplaces, and newer laminate flooring, all units have a mix of laminate, tile, and or carpet flooring. The carpet in all units is nearly new, and all windows & sliders throughout have been changed to dual pane energy efficient. All units have heat only. This property has been loved and updated by its owner over the years. All the boundary fences are newer vinyl enclosed from the street providing added privacy for tenants. There are two covered carport spaces one for every single story 2 bedroom unit and secured mailboxes for all. All current tenants are on a month to month agreements. The Roof was completely redone in 2009 and the entire property was fumigated and all wood repair was completed in 2018. This is a solid triplex with room to grow.

Last Agent to Sell the Property

Laura Rose

eXp Realty of California Inc License #01912781 Listed on: 12/19/2020

eXp Realty of California Inc

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 6,098 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Paved or Partially Paved Lot

Parking

  • 2 Car Garage
  • 2 Carport Spaces

Home Design

  • Bungalow
  • Property Attached
  • Composition Roof

Interior Spaces

  • 3,160 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Living Room with Fireplace

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows

Utilities

  • Central Heating
  • Wall Furnace
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Property is near a park

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 23
  • Tax Tract Number 3287
  • Assessor Parcel Number 42421245

Community Details

Overview

  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Gardener Expense $1,860
  • Insurance Expense $1,440
  • Other Expense $1,152
  • Pest Control $374
  • Trash Expense $1,536
  • Water Sewer Expense $3,072
  • New Taxes Expense $14,689
  • Operating Expense $22,923
  • Net Operating Income $58,617

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: Agent Cell
  • Other Phone Number: 714.248.5216
  • Property Attached: Yes
  • Water Sewer Expenses: 3072.00
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Gardener Expense: 1860.00
  • Parcel Number: 42421245
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Carpet, Laminate, Tile
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 448.10
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Wall Furnace
  • Laundry Features: In Garage, Inside
  • Pest Control Expense: 374.00
  • Sewer: Public Sewer
  • Trash Expense: 1536.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights

Green Features

  • Efficiency: Appliances, Windows

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby, Paved
  • Lot Size Sq Ft: 6098.00
  • Lot Size Acres: 0.1400

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Average2 Bed Area: 924 Square Feet
  • Average3 Bed Area: 1313 Square Feet
  • Gross Scheduled Income: 81540.00
  • Insurance Expense: 1440.00
  • Lot Size Area: 6098.0000 Square Feet
  • Net Operating Income: 58617.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Carpet: 3
  • Number With Patio: 3
  • Number With Range: 3
  • Operating Expense: 22923.00
  • Other Expense: 1152.00
  • Other Expense Description: E.Qk.Ins
  • Rent Control: Yes
  • Total Actual Rent: 6795.00
  • Total Expenses: 22923.00

Tax Info

  • New Taxes Expense: 14689.00
  • Tax Census Tract: 636.05
  • Tax Lot: 23
  • Tax Rate: 1.05
  • Tax Tract Number: 3287

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
02/24/2021 02/24/21 Sold $1,416,000 +1.2% $448 / Sq Ft
02/04/2021 02/04/21 Price Changed $1,399,000 0.0% $443 / Sq Ft
12/31/2020 12/31/20 Pending -- -- --
12/19/2020 12/19/20 For Sale $1,399,000 -- $443 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20260101

California Regional Multiple Listing Service (CRMLS)