NOT LISTED FOR SALE
6 Beds
7 Baths
4,062 Sq Ft
0.25 Acre Lot

Sale Details

Date Sold: April 17, 2020

Last sale price $1,415,000 $348 Per Sq Ft

18 Days on Market

About This Home

As of April 2020

This Costa Mesa four plex is a well maintained building with curb appeal. All units have garage parking with two units having two garages. The one open parking space is assigned to unit # 3. NEW roof in December 2017 with a NEW central water heater in January 2017. 2 New central heaters in unit # 2 - December 2019 & # 1 in January 2020. This building is comprised of : 1 - 3bedroom 2.5 bath unit: 1- 2bedroom 1.5 bath: 1- 1bedroom 1 bath unit, and one studio with 1 bath . The proforma rents listed are reflective and attainable if the units are to come vacant. Otherwise all rents may only be increased to the maximum rate of 5% plus CPI. Building has great freeway access to both the 405 & 55 freeway.

Last Agent to Sell the Property

Laura Henshall

CFG Investments License #01091181 Listed on: 02/09/2020

Last Buyer's Agent

David Sanford

David Sanford, Broker License #00826382

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 10,890 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped

Parking

  • 6 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 4,062 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 7 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 5011
  • Assessor Parcel Number 14166219

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $727
  • Insurance Expense $1,650
  • Trash Expense $2,937
  • Water Sewer Expense $1,992
  • New Taxes Expense $15,950
  • Operating Expense $99,999,999
  • Gross Income $82,140
  • Net Operating Income $99,999,999

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0.25 Acres

Parking

6

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1992.00
  • Property Type: Residential Income
  • Parcel Number: 14166219
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 348.35

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 2937.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 10890.00
  • Lot Size Acres: 0.2500
  • Latitude Manual: 33.67749800

Multi Family

  • Electric Expense: 727.00
  • Gross Income: 82140.00
  • Gross Scheduled Income: 82140.00
  • Insurance Expense: 1650.00
  • Lot Size Area: 10890.0000 Square Feet
  • Net Operating Income: 99999999.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 9999999.00
  • Rent Control: Yes
  • Total Expenses: 99999999.00

Tax Info

  • New Taxes Expense: 15950.00
  • Tax Census Tract: 639.04
  • Tax Lot: 9
  • Tax Tract Number: 5011

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
Jul 9, 2021
Sold by
Richard A Stoneman A and Richard Cynthia A
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
$930,000
Interest Rate
2.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 9, 2020
Closed on
Mar 11, 2020
Sold by
Lash Stephanie
Bought by
Stoneman Richard A and Stoneman Cynthia A
Seller's Agent
Laura Henshall
CFG Investments
Buyer's Agent
David Sanford
David Sanford, Broker
List Price
$1,425,000
Sold Price
$1,415,000
Premium/Discount to List
-$10,000
-0.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
4.05%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 15, 2016
Sold by
Lash Russell
Bought by
Lash Stephanie

Purchase Details

Closed on
Apr 29, 1985
Sold by
William Lash and William Rita
Bought by
Lash William and Lash Rita
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
$1,550,000 First American Title
Stoneman Richard A $1,415,000 Lawyers Title Company
Lash Stephanie -- None Available
Lash William -- --
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
Previous Owner $930,000
Previous Owner Stoneman Richard A $825,000
Previous Owner Stoneman Richard A $825,000
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
04/17/2020 04/17/20 Sold $1,415,000 -0.7% $348 / Sq Ft
02/27/2020 02/27/20 Pending -- -- --
02/26/2020 02/26/20 For Sale $1,425,000 0.0% $351 / Sq Ft
02/13/2020 02/13/20 Pending -- -- --
02/09/2020 02/09/20 For Sale $1,425,000 -- $351 / 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
2026 $20,954 $1,786,012 $1,515,404 $270,608
2025 $20,445 $1,750,993 $1,485,691 $265,302
2024 $20,445 $1,716,660 $1,456,560 $260,100
2023 $19,369 $1,683,000 $1,428,000 $255,000
2022 $18,792 $1,650,000 $1,400,000 $250,000
2021 $16,252 $1,429,659 $1,300,498 $129,161
2020 $2,454 $119,180 $29,570 $89,610
2019 $2,427 $116,844 $28,991 $87,853
2018 $2,391 $114,553 $28,422 $86,131
2017 $2,357 $112,307 $27,864 $84,443
2016 $2,315 $110,105 $27,317 $82,788
2015 $2,284 $108,452 $26,907 $81,545
2014 $2,234 $106,328 $26,380 $79,948
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20028619

California Regional Multiple Listing Service (CRMLS)

APN: 141-662-19

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