NOT LISTED FOR SALE
8 Beds
5 Baths
3,256 Sq Ft
8,276 Sq Ft Lot

Last Sold April 06, 2021

Last sale price $1,100,000 $338 Per Sq Ft

5 Days on Market

Highlights

  • No HOA
  • Accessible Parking
  • Guest Parking
  • Horace Ensign Intermediate School Rated A
  • Tile Flooring
  • Central Air

About This Home

As of April 2021

Don't miss this opportunity to own this great investment property, In a great rental area of Costa Mesa, only a few miles from the beach. The subject property is located near community schools, freeway access, major employment centers, shopping and neighborhood parks.
all of the units are in average condition for multi family units of the subject's age. Unit #A contains 4 bedrooms 3 baths Square feet 1,815 Unit # B 4 bedrooms and 2 baths Square feet 1,441, all units are occupied and are on month to month lease, No missed rents during Covid 19!

Last Agent to Sell the Property

Yolanda Solorio

Seven Gables Real Estate License #01237788 Listed on: 03/04/2021

Seven Gables Real Estate

Last Buyer's Agent

Jim Farbaniec

DOMU Real Estate License #01855291

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1934

Lot Details

  • 8,276 Sq Ft Lot
  • 1 Common Wall
  • Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Side Facing Garage
  • Single Garage Door
  • Guest Parking

Home Design

  • Duplex
  • Patio Home
  • Slab Foundation
  • Asbestos Shingle Roof

Interior Spaces

  • 3,256 Sq Ft Home
  • 1-Story Property
  • Gas Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • All Upper Level Bedrooms
  • 5 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 12
  • Tax Tract Number 1865
  • Assessor Parcel Number 42420402

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,800
  • Trash Expense $300
  • Water Sewer Expense $280
  • New Taxes Expense $18,000
  • Operating Expense $3,360
  • Gross Income $68,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1934

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 280.00
  • Zoning: R2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 42420402
  • Year Built: 1934
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Accessibility Features: Parking
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 337.84
  • Room Type: All Bedrooms Down, All Bedrooms Up

Exterior Features

  • Foundation: Slab
  • Fence: No
  • Pool Private: No
  • Roof: Asbestos Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage, Garage Faces Side, Garage - Single Door, Guest
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Range
  • Sewer: Public Sewer
  • Trash Expense: 300.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Front Yard, Patio Home
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 68400.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 8276.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 3360.00

Tax Info

  • New Taxes Expense: 18000.00
  • Tax Census Tract: 636.05
  • Tax Lot: 12
  • Tax Tract Number: 1865

Range of Values:

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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

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2021 04/06/21 Sold $1,100,000 0.0% $338 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
03/06/2021 03/06/21 Off Market $1,100,000 -- --
03/04/2021 03/04/21 For Sale $1,050,000 -- $322 / 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: PW21045928

California Regional Multiple Listing Service (CRMLS)

APN: 424-204-02