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

Sale Details

Date Sold: January 13, 2016

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

8 Days on Market

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

Freedom First Properties

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 in unit
  • 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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$586,407
Interest Rate
0.027%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2018
Sold by
Bought by

Purchase Details

Listed on
Nov 15, 2015
Closed on
Dec 21, 2015
Sold by
Bought by
Seller's Agent
Melinda Johnson
Freedom First Properties
Buyer's Agent
Larry Birnbaum
LMB Enterprises
List Price
$949,000
Sold Price
$892,125
Premium/Discount to List
-$56,875
-5.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$624,400
Interest Rate
0.0437%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 7, 2012
Closed on
May 4, 2012
Sold by
Bought by
Seller's Agent
Stephen Doughty
Coldwell Banker Platinum Prop
Buyer's Agent
Melinda Johnson
Freedom First Properties
List Price
$624,950
Sold Price
$620,000
Premium/Discount to List
-$4,950
-0.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.61%
Original Mortgage
$640,460
Interest Rate
0.0384%
Mortgage Type
VA

Purchase Details

Closed on
Dec 14, 2011
Sold by
Bought by

Purchase Details

Closed on
May 25, 2010
Sold by
Bought by

Purchase Details

Closed on
Sep 25, 2007
Sold by
Bought by

Purchase Details

Closed on
Apr 5, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
0.0584%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 5, 2004
Sold by
Bought by

Purchase Details

Closed on
Aug 13, 2003
Sold by
Bought by

Purchase Details

Closed on
Jan 11, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,031
Interest Rate
0.0715%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 31, 2001
Sold by
Bought by

Purchase Details

Closed on
Oct 5, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,629
Interest Rate
0.0786%
Mortgage Type
FHA

Purchase Details

Closed on
May 22, 1998
Sold by
Bought by

Purchase Details

Closed on
Apr 9, 1997
Sold by
Bought by

Purchase Details

Closed on
Feb 11, 1997
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- First Amer Ttl Co Res Div
-- None Available
$892,500 Chicago Title Company
$620,000 Lawyers Title
$50,500 Lawyers Title
-- None Available
-- Accommodation
-- Commonwealth Title O-C
-- Commonwealth Title
-- Commonwealth Land Title
-- Commonwealth Land Title
-- Commonwealth Land Title
$290,000 California Counties Title Co
-- --
-- Old Republic Title Company
$206,000 Old Republic Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $586,407
Closed $624,400
Closed $624,400
Previous Owner $640,460
Previous Owner $250,000
Previous Owner $332,000
Previous Owner $313,830
Previous Owner $298,031
Previous Owner $287,629
Previous Owner $198,007
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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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