Seller's Agent in 2023
Mike Bojorquez
Keller Williams OC Coastal Realty
(949) 291-2043
51 Total Sales
994 Valencia St Costa Mesa, CA 92626
6
Beds
7
Baths
4,062
Sq Ft
6,534
Sq Ft
Highlights
- Ocean Side of Freeway
- Traditional Architecture
- No HOA
- Costa Mesa High School Rated A-
- Private Yard
- Laundry Room
About This Home
As of December 2023Notice to all interested parties. Property under contract subject to court confirmation, and overbid. PETITION FOR CONFIRMATION OF SALE OF REAL PROPERTY Hearing scheduled for 9:00AM, October 31, 2023, in Department CM08 of the Superior Court of California, County of Orange, Costa Mesa Justice Complex. Case # 30-2019-01064803-PR-TR
Property under contract with buyer for $1,700,000. Minimum overbid is $1,785,500. Judge will set the successive incremental overbid amounts.
Buyers wishing to participate in overbidding must come to court prepared with proof of funds to purchase, dated no more than 30 days, and be prepared to close escrow in 10 days after receipt of order confirming sale. No interior access will be available, and buyer accepts property in current as-is condition, with all four apartments being tenant occupied by long term tenants on month to month tenancies.
Diamond in the rough 4 unit apartment building in desirable Costa Mesa location nestled in the heart of Orange County. This building is unique in it's configuration of apartments, and would be ideal for an owner to live in the comfortable 2 level townhouse style 3 bedroom unit of over 1600 sq.ft, with a huge common courtyard. The neighboring unit is a large 2 story 2 bedroom townhouse style unit that is over 1200 sq.ft. Nobody above or below each of these units, with the other two units, a 1 bedroom and a studio perched above the rare 6 car garage, plus one off street parking spot. This building sits in the middle of a tree lined block, with gated courtyard entry from both the front, as well as from the alley that services the garages in the back.
As you'll note, there is deferred maintenance, and this will be an as-is sale, subject to court approval, and overbid in court.
Last Agent to Sell the Property
Keller Williams OC Coastal Realty License #01273181 Listed on: 04/14/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,808
Year Built
- Built in 1964
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 72x94
- Property fronts an alley
- No Common Walls
- Wood Fence
- Block Wall Fence
- Level Lot
- Private Yard
- Lawn
Parking
- 6 Car Garage
- 1 Open Parking Space
- Parking Available
- Rear-Facing Garage
Home Design
- Quadruplex
- Traditional Architecture
- Entry on the 1st floor
- Fixer Upper
- Interior Block Wall
- Composition Roof
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 4,062 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 7 Bathrooms
Outdoor Features
- Ocean Side of Freeway
- Rain Gutters
Utilities
- Heating Available
- Standard Electricity
- Water Heater
- Sewer Assessments
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 33
- Tax Tract Number 5011
- Assessor Parcel Number 14166431
- $2,529 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
- Costa Mesa Residential Income Subdivision
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,300
- Fuel Expense $803
- Insurance Expense $3,416
- Trash Expense $1,092
- Water Sewer Expense $971
- Operating Expense $16,466
- Net Operating Income $48,154
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Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/13/2023 12/13/23 | Sold | $1,700,000 | -4.8% | $419 / Sq Ft |
| 10/31/2023 10/31/23 | Pending | -- | -- | -- |
| 10/27/2023 10/27/23 | Price Changed | $1,785,500 | 0.0% | $440 / Sq Ft |
| 10/27/2023 10/27/23 | For Sale | $1,785,500 | +5.0% | $440 / Sq Ft |
| 05/19/2023 05/19/23 | Pending | -- | -- | -- |
| 04/14/2023 04/14/23 | For Sale | $1,700,000 | -- | $419 / 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 | $21,153 | $1,825,347 | $1,573,301 | $252,046 |
| 2024 | $21,153 | $1,700,000 | $1,542,452 | $157,548 |
| 2023 | $4,183 | $124,046 | $29,937 | $94,109 |
| 2022 | $3,808 | $121,614 | $29,350 | $92,264 |
| 2021 | $3,494 | $119,230 | $28,775 | $90,455 |
| 2020 | $3,404 | $118,008 | $28,480 | $89,528 |
| 2019 | $3,315 | $115,695 | $27,922 | $87,773 |
| 2018 | $3,243 | $113,427 | $27,375 | $86,052 |
| 2017 | $3,209 | $111,203 | $26,838 | $84,365 |
| 2016 | $3,167 | $109,023 | $26,312 | $82,711 |
| 2015 | $3,137 | $107,386 | $25,917 | $81,469 |
| 2014 | $2,223 | $105,283 | $25,409 | $79,874 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Bojorquez
-
John Allen
Buyer's Agent in 2023
John Allen
Seven Gables Real Estate
(714) 651-9706
43 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC23063004
APN: 141-664-31
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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