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1004 El Camino Dr, Costa Mesa, CA 92626
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1004 El Camino Dr Costa Mesa, CA 92626

$1,300,000 Sold Price as of 01/09/2020
  • 7 Beds
  • 5 Baths
  • 4,062 Sq.Ft.
Sold
$1,300,000 Sold Price as of 01/09/2020 Refinance Your Mortgage
Map preview of 1004 El Camino Dr, Costa Mesa, CA 92626

Property Overview: 1004 El Camino Dr Costa Mesa, CA has 7 bedrooms, 5 bathrooms, 4,062 living square feet and 6,534 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 1004 El Camino Drive is a 4 unit multifamily investment opportunity located in the city of Costa Mesa, one of the premier coastal housing markets in Southern California. The 4,062 square foot property consists of studio and two*-, and three-bedroom floor plans, two of which are townhomes. The property offers amenities including gated entry, a central courtyard, and garage parking. *2 Bed/1 Bath is a Legal 1 Bed/1 Bath

Listed by Tyler Leeson | BRE #01451551 | Marcus & Millichap RE Invest
Last checked: 14 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 85

Home details

Lot Sq. Ft
6,534
HOA Dues
$0/mo
Year built
1964
Garage
6 Car
Property Type:
Multi Family
Status
Sold
MLS#
OC19226364
City
Costa Mesa
County
Orange
Time on Site
1538 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,290
  • Total Rent: $1,290
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,720
  • Total Rent: $1,720
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,095
  • Total Rent: $2,095
  • Pro Forma/Market Rent: $2,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $75,460
  • Net Operating Income: $43,850
  • Gross Operating Income: $73,226
Annual Expense Breakdown
  • Total Operating Expense: $29,376
  • Electric: $1,889
  • Gas/Fuel: $1,889
  • Licenses: $1,200
  • New Taxes: $15,898
  • Trash: $1,890
  • Insurance: $1,200
  • Maintenance: $2,000
  • Water/Sewer: $1,890
  • Other Expenses: $1,520
  • Other Expense Description: other

Property Details for 1004 El Camino Dr

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: Landscaped
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 14166535
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Cross Streets: Fairview Road and Baker Street
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Costa Mesa Agent

Sale History for 1004 El Camino Dr

Last sold for $1,300,000 on January 9th, 2020

  • January, 2020

  • Jan 9, 2020

    Date

    Sold

    CRMLS: OC19226364

    $1,300,000

    Price

  • Dec 18, 2019

    Date

    Pending

    CRMLS: OC19226364

    $1,400,000

    Price

  • Dec 6, 2019

    Date

    Active

    CRMLS: OC19226364

    $1,400,000

    Price

  • Oct 31, 2019

    Date

    Active Under Contract

    CRMLS: OC19226364

    $1,400,000

    Price

  • Sep 23, 2019

    Date

    Active

    CRMLS: OC19226364

    $1,400,000

    Price

  • January, 2020

  • Jan 9, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,300,000

    Price

Show More

Tax History for 1004 El Camino Dr

Assessed Value (2020): $349,808
Year Land Value Improved Value Assessed Value
2020 $171,406 $178,402 $349,808

Home Value Compared to the Market

This property vs the competition

1004 El Camino Dr sold on January 9, 2020 for 7.69% higher than the current median sold price for the city of Costa Mesa which is $1,300,000. The median sold price per/sqft for Costa Mesa is $801 and this home is sold at $344.66 per/sqft which puts the price per square foot 56.97% lower than the current median sale per square foot for the city of Costa Mesa.

About 1004 El Camino Dr

Detailed summary of property

1004 El Camino Dr is a multi family that recently sold in Costa Mesa, CA 92626. This multi family property offered 7 bedrooms, 5 bathrooms, roughly 4,062 living square feet, and sits on an approximately 6,534 square foot lot. 1004 El Camino Dr was first listed on ArdentRealEstateGroup.com on July 4, 2020. The homeowner sold the property for $1,300,000. Home in Costa Mesa are selling for a median price of $1,300,000 and a median price per square foot of $801. Based on Ardent Real Estate Group's Costa Mesa Market Data, this home is sold 7.69% higher than the current median priced home. Local homes that are currently for sale include 2519 N Canal St, 2163 W Brownwood Ave and 7566 Fillmore Dr. While the average home in Costa Mesa, CA is selling in 43 days, 1004 El Camino Dr has a days on market of 85 days. There are currently 148 homes for sale in the Costa Mesa real estate market and 110 of them are single family homes while 21 of them are condos and 17 are townhomes. For more information on this home for sale at 1004 El Camino Dr Costa Mesa, CA 92626 contact Ardent Real Estate Group and we will put you in touch with one of our Costa Mesa agents.

Public Facts for 1004 El Camino Dr

Public county record property details
Beds
--
Baths
--
Year built
1964
Sq. Ft.
4,062
Lot Size
6,708
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
50
APN
141-665-35

The source for these homes facts are from public records.

92626 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,599,000
Median List Price/Sq.Ft.
$778
Median Sold Price
$1,300,000
Median Sold Price/Sq.Ft.
$786
Total Inventory
63
Median Sale to List Price %
93.86%
Avg Days on Market
16
Loan Type
Conventional (35.71%), FHA (0%), VA (0%), Cash (32.14%), Other (32.14%)

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Recently Sold Homes Near 1004 El Camino Dr

1022 El Camino Dr, Costa Mesa, CA 92626
$2,475,000 Last Sold Price
12 Beds
8 Baths
4671 Sq.Ft.
1022 El Camino Dr
Costa Mesa, CA 92626
1010-1016 Valencia St, Costa Mesa, CA 92626
$3,600,000 Last Sold Price
24 Beds
16 Baths
9340 Sq.Ft.
1010-1016 Valencia St
Costa Mesa, CA 92626
998 Valencia St, Costa Mesa, CA 92626
$1,400,000 Last Sold Price
6 Beds
5 Baths
4062 Sq.Ft.
998 Valencia St
Costa Mesa, CA 92626
994 Valencia St, Costa Mesa, CA 92626
$1,700,000 Last Sold Price
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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