NOT LISTED FOR SALE

Estimated Value: $1,068,000 - $1,384,718

1 Bed
1 Bath
782 Sq Ft
$1,498/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $950,000 $1,215 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $7,304/month

12 Days on Market

Highlights

  • Property is near a park
  • Neighborhood Views
  • Rectangular Lot
  • No HOA
  • 1 Car Garage
  • Wood Fence

About This Home

As of August 2023

CALLING ALL INVESTORS/BUILDERS/DEVELOPERS looking for an exceptional value-add opportunity! Located in the highly sought after Westside of Costa Mesa, 734 West 20th St is one of the only large lots available in this quickly up and coming areas of Costa Mesa that is being sold for land value. At approximately 9,300 square feet this lot is zoned for “R-2 high density” use, which according to the City of Costa Mesa could allow for up to 5 units on the lot. Think a large house and 2 ADUs, or a triplex and 2 ADU’s…the possibilities are extensive given state/city development ordinances currently in place and the opportunity to develop this lot to realize it’s full potential is significant. An owner can occupy a unit and rent others out for cashflow, or an investor can build and sell. There are many in-fill properties in and around this area to reference for ideas and comparables. 2167 Miner St is located nearby and sold for $900k in March of 2023. This property is centrally located to the world class beaches of Newport and Huntington, the fine dining and entertainment of Triangle Square, South Coast Plaza, Fashion Island, Pacific City, and the walking and biking trails at the Newport Back Bay, multiple parks and golf courses, John Wayne Airport, and the 55, 405, PCH and toll roads. The lot currently has a small house (approximately 800 square feet) that is not suitable for occupancy. The property is being sold AS-IS and all personal items will remain. Hypothetical renderings for how the land could be used will be uploaded ASAP and are for visual purposes only.

Last Agent to Sell the Property

Danny Murphy

First Team Real Estate License #01867197 Listed on: 07/19/2023

First Team Real Estate

Last Buyer's Agent

Danny Murphy

First Team Real Estate License #01867197 Listed on: 07/19/2023

First Team Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,708

Year Built

  • Built in 1949

Lot Details

  • 9,300 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence
  • No Landscaping
  • Rectangular Lot
  • Level Lot

Parking

  • 1 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Fixer Upper
  • Slab Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 782 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Schools

  • Pomona Elementary School
  • Tewinkle Middle School
  • Estancia High School

Utilities

  • No Heating
  • Natural Gas Connected

Additional Features

  • Exterior Lighting
  • Property is near a park

Community Details

  • No Home Owners Association
  • Mesa West Subdivision

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 612
  • Assessor Parcel Number 42225222

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,708

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Mesa West (MWST)
  • View: Yes
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42225222
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 782.00 Square Feet
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1214.83
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block, Wood
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Wood Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: No
  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Pomona
  • Middle School: Tewinkle
  • High School: Estancia
  • Elementary School: Pomona
  • High School: Estancia
  • Middle Or Junior School: Tewinkle
  • Elementary School #2: POMONA
  • High School2: ESTANC

Lot Info

  • Land Lease: No
  • Lot Features: Level with Street, Rectangular Lot, No Landscaping, Park Nearby
  • Lot Size Sq Ft: 9300.00
  • Lot Size Acres: 0.2135

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9300.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 19
  • Tax Tract Number: 612

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2023
Closed on
Aug 1, 2023
Sold by
Tipton Family Trust
Bought by
Enzo Opz Fund Llc
Seller's Agent
Danny Murphy
First Team Real Estate
Buyer's Agent
Danny Murphy
First Team Real Estate
List Price
$850,000
Sold Price
$950,000
Premium/Discount to List
$100,000
11.76%
Views
45
Current Estimated Value
$1,171,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,180
Avg. Annual Appreciation
11.55%

Purchase Details

Closed on
Jun 4, 2010
Sold by
Tipton Isaac and Tipton Lilly J
Bought by
Tipton Isaac George and Tipton Lilly
Source: Public Records

Range of Values:

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Average Value
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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
Enzo Opz Fund Llc $950,000 Western Resources
Tipton Isaac George -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2023 08/18/23 Sold $950,000 0.0% $1,215 / Sq Ft
07/31/2023 07/31/23 Pending -- -- --
07/31/2023 07/31/23 Off Market $950,000 -- --
07/19/2023 07/19/23 For Sale $850,000 -- $1,087 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,708 $939,854 $939,854 --
2024 $10,708 $921,426 $921,426 --
2023 $1,274 $39,408 $25,504 $13,904
2022 $1,126 $38,636 $25,004 $13,632
2021 $1,039 $37,879 $24,514 $13,365
2020 $1,014 $37,491 $24,263 $13,228
2019 $990 $36,756 $23,787 $12,969
2018 $970 $36,036 $23,321 $12,715
2017 $958 $35,330 $22,864 $12,466
2016 $944 $34,638 $22,416 $12,222
2015 $933 $34,118 $22,079 $12,039
2014 $916 $33,450 $21,646 $11,804
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23132764

California Regional Multiple Listing Service (CRMLS)

APN: 422-252-22