NOT LISTED FOR SALE

995 Valencia St Costa Mesa, CA 92626

6 Beds
5 Baths
4,062 Sq Ft
6,534 Sq Ft

Last Sold August 22, 2014

Last sale price $940,000 $231 Per Sq Ft

5 Days on Market

About This Home

As of August 2014

Nice Mesa Del Mar 4-plex with 6 garages. This is a 3/2/1/ Studio unit mix. Well landscaped with concrete walkways and driveway. The 3 and 2 bedroom units are townhouse style and have forced air heating units. The 1 bedroom and studio units have wall heating. This property is being sold as-is. Seller will not pay for any repairs or termite work. Tenant owns laundry equipment which is bringing in $200 per month.

Last Agent to Sell the Property

Ronan O' Mahony

Celtic Financial Inc. License #01169024 Listed on: 07/29/2014

Last Buyer's Agent

Michael Brinkman

Coastline Realty License #00926365

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 6,534 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 6 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 4,062 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Utilities

  • Sewer Paid

Listing and Financial Details

  • Tax Lot 38
  • Tax Tract Number 5011
  • Assessor Parcel Number 14166517

Community Details

Overview

  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $400
  • Gardener Expense $900
  • Insurance Expense $1,500
  • Trash Expense $1,500
  • Water Sewer Expense $3,000
  • New Taxes Expense $11,875
  • Gross Income $5,000
  • Net Operating Income $39,325

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

6,534 Sq Ft Lot

Parking

6

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Mesa Del Mar (MDMA)
  • Water Sewer Expenses: 3000.00
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 14166517
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 231.41

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 7.00

Utilities

  • Sewer: Sewer Paid
  • Trash Expense: 1500.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Multi Family

  • Electric Expense: 400.00
  • Gross Income: 5000.00
  • Gross Scheduled Income: 60000.00
  • Insurance Expense: 1500.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 6534.0000 Square Feet
  • Net Operating Income: 39325.00
  • 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: 20675.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 11875.00
  • Tax Lot: 38
  • Tax Tract Number: 5011
  • Tax Year: 2013
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Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2014 08/22/14 Sold $940,000 -1.1% $231 / Sq Ft
08/03/2014 08/03/14 Pending -- -- --
07/29/2014 07/29/14 For Sale $950,000 -- $234 / 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 $13,517 $1,129,734 $970,177 $159,557
2024 $13,517 $1,107,583 $951,154 $156,429
2023 $13,109 $1,085,866 $932,504 $153,362
2022 $12,635 $1,064,575 $914,220 $150,355
2021 $12,191 $1,043,701 $896,294 $147,407
2020 $12,075 $1,033,000 $887,104 $145,896
2019 $11,846 $1,012,746 $869,710 $143,036
2018 $11,621 $992,889 $852,657 $140,232
2017 $11,423 $973,421 $835,938 $137,483
2016 $11,175 $954,335 $819,547 $134,788
2015 $11,063 $940,000 $807,236 $132,764
2014 $6,947 $554,608 $400,220 $154,388
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP14161297

California Regional Multiple Listing Service (CRMLS)

APN: 141-665-17

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