
Seller's Agent in 2023
Danny Murphy
First Team Real Estate
(949) 413-6967
4 in this area
109 Total Sales
Estimated Value: $1,068,000 - $1,384,718
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
First Team Real Estate License #01867197 Listed on: 07/19/2023
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Enzo Opz Fund Llc | $950,000 | Western Resources | |
Tipton Isaac George | -- | None Available |
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 |
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 |
Seller's Agent in 2023
Danny Murphy
First Team Real Estate
(949) 413-6967
4 in this area
109 Total Sales
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC23132764
APN: 422-252-22