NOT LISTED FOR SALE
6 Beds
3 Baths
2,652 Sq Ft
6,534 Sq Ft Lot

Last Sold January 13, 2016

Last sale price $892,125 $336 Per Sq Ft

8 Days on Market

Highlights

  • No HOA
  • Horace Ensign Intermediate School Rated A
  • Laundry Room

About This Home

As of January 2016

Triplex in the heart of Costa Mesa located less than two miles from the beach! Each unit consists of two bedrooms and one bath and each unit is sep'ly metered for gas and electric. Owner paid water & trash. Each unit comes with a 1 car garage plus a parking space--ideal in high density beach areas--tenants always have a place to park! Laundry room on site with washer and dryer--manage yourself for extra income or contract out. Downstairs unit has a private yard. Both upstairs units have private balconies. Complex has new flat roof. Long term tenants. Each unit has upgrades and unit 2 is exceptional offering a remodeled kitchen with newer cabinets, granite counters, glass subway tile back splash, stainless steel hood and more. Walking distance to local amenities (including the ORIGINAL Wahoo's).

Last Agent to Sell the Property

Melinda Johnson

Freedom First Properties License #01764472 Listed on: 11/15/2015

Last Buyer's Agent

Larry Birnbaum

LMB Enterprises License #01363487

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 6,534 Sq Ft Lot
  • 1 Common Wall

Parking

  • 3 Car Garage

Home Design

  • 2,652 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Additional Features

  • Laundry Room
  • Rain Gutters

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 10
  • Tax Tract Number 2924
  • Assessor Parcel Number 42417207

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $420
  • Gardener Expense $816
  • Insurance Expense $1,344
  • Water Sewer Expense $2,100
  • New Taxes Expense $9,974
  • Gross Income $60,600
  • Net Operating Income $45,490

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

6,534 Sq Ft Lot

Parking

3

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Water Sewer Expenses: 2100.00
  • Property Type: Residential Income
  • Gardener Expense: 816.00
  • Parcel Number: 42417207
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 336.40

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 9.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Laundry Features: Common Area, Community
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Gutters

Lot Info

  • Lot Size Sq Ft: 6534.00
  • Price Per Lot Square Foot: 136.54
  • Lot Size Acres: 0.1500

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 420.00
  • Gross Income: 60600.00
  • Gross Scheduled Income: 60600.00
  • Insurance Expense: 1344.00
  • Lot Size Area: 6534.0000 Square Feet
  • Net Operating Income: 45490.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Number With Patio: 2
  • Number With Range: 3
  • Operating Expense: 15110.00
  • Other Income Description: includes pro forma owner unit
  • Rent Control: No

Tax Info

  • New Taxes Expense: 9974.00
  • Tax Lot: 10
  • Tax Tract Number: 2924
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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 Prior Sale
01/13/2016 01/13/16 Sold $892,125 0.0% $336 / Sq Ft
01/08/2016 01/08/16 Rented $1,790 0.0% --
12/29/2015 12/29/15 Price Changed $1,790 -0.3% $2 / Sq Ft
12/10/2015 12/10/15 Price Changed $1,795 0.0% $2 / Sq Ft
11/23/2015 11/23/15 Pending -- -- --
11/15/2015 11/15/15 For Sale $949,000 0.0% $358 / Sq Ft
11/09/2015 11/09/15 Price Changed $1,850 -2.6% $2 / Sq Ft
10/31/2015 10/31/15 For Rent $1,900 0.0% --
06/06/2012 06/06/12 Sold $620,000 -0.8% $234 / Sq Ft View Prior Sale
05/22/2012 05/22/12 Pending -- -- --
01/07/2012 01/07/12 For Sale $624,950 -- $236 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $13,455 $1,056,091 $896,298 $159,793
2024 $13,134 $1,035,384 $878,724 $156,660
2023 $12,694 $1,015,083 $861,494 $153,589
2022 $12,326 $995,180 $844,602 $150,578
2021 $11,951 $975,667 $828,041 $147,626
2020 $11,794 $965,663 $819,550 $146,113
2019 $11,533 $946,729 $803,480 $143,249
2018 $11,298 $928,166 $787,725 $140,441
2017 $11,115 $909,967 $772,279 $137,688
2016 $8,427 $657,844 $498,690 $159,154
2015 $8,349 $647,963 $491,199 $156,764
2014 $8,096 $635,271 $481,577 $153,694
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15247433

California Regional Multiple Listing Service (CRMLS)

APN: 424-172-07

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