$1,525,000
SOLD APR 12, 2021
3 Beds
2 Baths
3,432 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$444 Per Sq Ft

900% Above List Price

37 Days on Market

Highlights

  • Laundry Room
  • Horace Ensign Intermediate School Rated A
  • Central Heating

About This Home

As of April 2025

Beautiful 4-plex for sale. This Complex is located in the heart of Costa Mesa. Located minutes from the Beach and close to the 55 frwy giving you access to all major freeways. Upper floors have great views of the city. Units have been completely remodeled and are absolutely beautiful. Don't miss this opportunity to own this great investment property. This property can be sold alone or together with the next building located on 741 Shalimar Dr.

Last Agent to Sell the Property

Jeff Cardona

Huntington West Prop. License #02048435 Listed on: 01/11/2021

Co-Listed By

Dave Lewis

Huntington West Prop. License #00578709

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 6,534 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 3,432 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Central Heating

Listing and Financial Details

  • Tax Lot 41
  • Tax Tract Number 3102
  • Assessor Parcel Number 42405412

Community Details

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $762
  • Insurance Expense $816
  • Trash Expense $4,254
  • Water Sewer Expense $2,014
  • New Taxes Expense $2,196
  • Operating Expense $14,932
  • Net Operating Income $76,268

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Parking

4

Listing Details

  • Other Phone Ext: 213
  • Other Phone Number: 714-891-1522
  • Property Attached: Yes
  • Water Sewer Expenses: 2014.00
  • Property Type: Residential Income
  • Parcel Number: 42405412
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 444.35

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 4254.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Multi Family

  • Electric Expense: 762.00
  • Gross Scheduled Income: 91200.00
  • Insurance Expense: 816.00
  • Lot Size Area: 6534.0000 Square Feet
  • Net Operating Income: 76268.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 14932.00
  • Rent Control: No
  • Total Actual Rent: 8300.00
  • Total Expenses: 14932.00

Tax Info

  • New Taxes Expense: 2196.00
  • Tax Lot: 41
  • Tax Tract Number: 3102

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
04/11/2025 04/11/25 Sold $1,775,000 -4.0% $519 / Sq Ft
03/14/2025 03/14/25 Pending -- -- --
01/29/2025 01/29/25 For Sale $1,849,000 +21.2% $540 / Sq Ft
04/12/2021 04/12/21 Sold $1,525,000 0.0% $444 / Sq Ft
02/17/2021 02/17/21 Pending -- -- --
01/11/2021 01/11/21 Price Changed $1,525,000 +900.0% $444 / Sq Ft
01/11/2021 01/11/21 For Sale $152,500 -- $44 / 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: PW21005951

California Regional Multiple Listing Service (CRMLS)

APN: 424-054-12