Search
1046 El Camino Dr, Costa Mesa, CA 92626
View Photos

1046 El Camino Dr Costa Mesa, CA 92626

$1,596,000 Sold Price as of 09/11/2020
  • 12 Beds
  • 8 Baths
  • 4,670 Sq.Ft.
Sold
$1,596,000 Sold Price as of 09/11/2020 Refinance Your Mortgage
Map preview of 1046 El Camino Dr, Costa Mesa, CA 92626

Property Overview: 1046 El Camino Dr Costa Mesa, CA has 12 bedrooms, 8 bathrooms, 4,670 living square feet and 6,970 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The El Camino Apartment Homes is a Two Story Garden Style Apartment located in desirable Costa Mesa, CA. With a mix of all Three Bedroom, Two Bath units, this asset should appeal to both Investors and Owner/Users a like due to possible single family home financing with a 20% down payment. In addition, two of the units are far below market rents, giving the new owner the ability to increase cash flow. PROPERTY HIGHLIGHTS • All 3 Bedroom, 2 Bath Units • Two Units Have Been Renovated with New Kitchens, Bath, Wall Heaters, Flooring, and Doors. • Four Garages, Two Open Spaces, and Plenty of Street Parking • Onsite Laundry Facilities • New Windows and Roof

Listed by Stephen Heri | BRE #01871726 | S A Heri, Inc.
Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 37

Home details

Lot Sq. Ft
6,970
HOA Dues
$0/mo
Year built
1964
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW20124094
City
Costa Mesa
County
Orange
Time on Site
1532 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,125
  • Total Rent: $2,125
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,125
  • Total Rent: $2,125
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $2,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.02%
  • Gross Rent Multiplier: 16.67
  • Gross Scheduled Income: $94,800
  • Net Operating Income: $64,270
  • Gross Operating Income: $93,156
  • Laundry Income: $1,200
  • Laundry Own/Lease: Lease
Annual Expense Breakdown
  • Total Operating Expense: $28,886
  • Electric: $420
  • Gas/Fuel: $2,100
  • New Taxes: $17,952
  • Trash: $1,344
  • Gardener: $960
  • Insurance: $2,700
  • Maintenance: $2,000
  • Water/Sewer: $1,410

Property Details for 1046 El Camino Dr

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 14166514
  • Year Built Source: Public Records
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Major Cross Streets are Baker Street and Bear Street
Neighborhood Information
  • Community Features: Suburban
View more facts & features

Local Costa Mesa Agent

Sale History for 1046 El Camino Dr

Last sold for $1,596,000 on September 11th, 2020

  • September, 2020

  • Sep 11, 2020

    Date

    Sold

    CRMLS: PW20124094

    $1,596,000

    Price

  • Aug 31, 2020

    Date

    Pending

    CRMLS: PW20124094

    $1,600,000

    Price

  • Aug 17, 2020

    Date

    Active Under Contract

    CRMLS: PW20124094

    $1,600,000

    Price

  • Jul 10, 2020

    Date

    Active

    CRMLS: PW20124094

    $1,600,000

    Price

  • Jul 6, 2020

    Date

    Hold

    CRMLS: PW20124094

    $1,600,000

    Price

  • Jun 26, 2020

    Date

    Active

    CRMLS: PW20124094

    $1,600,000

    Price

Tax History for 1046 El Camino Dr

Assessed Value (2020): $619,612
Year Land Value Improved Value Assessed Value
2020 $452,317 $167,295 $619,612

Home Value Compared to the Market

This property vs the competition

1046 El Camino Dr sold on September 11, 2020 for 23.08% 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 $342.61 per/sqft which puts the price per square foot 57.23% lower than the current median sale per square foot for the city of Costa Mesa.

About 1046 El Camino Dr

Detailed summary of property

1046 El Camino Dr is a multi family that recently sold in Costa Mesa, CA 92626. This multi family property offered 12 bedrooms, 8 bathrooms, roughly 4,670 living square feet, and sits on an approximately 6,970 square foot lot. 1046 El Camino Dr was first listed on ArdentRealEstateGroup.com on July 10, 2020. The homeowner sold the property for $1,596,000. 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 23.08% higher than the current median priced home. Local homes that are currently for sale include 1833 E Stearns Ave, 6401 Saint Paul Circle and 12936 Adelle St. While the average home in Costa Mesa, CA is selling in 43 days, 1046 El Camino Dr has a days on market of 37 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 1046 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 1046 El Camino Dr

Public county record property details
Beds
--
Baths
--
Year built
1964
Sq. Ft.
4,670
Lot Size
6,663
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
49
APN
141-665-14

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.
$783
Median Sold Price
$1,300,000
Median Sold Price/Sq.Ft.
$786
Total Inventory
64
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%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 1046 El Camino Dr

Nearby Homes for Sale

3049 Jeffrey Dr, Costa Mesa, CA 92626
$1,799,000
7 Beds
4 Baths
3023 Sq.Ft.
3049 Jeffrey Dr
Costa Mesa, CA 92626
Open Sun 1pm-4pm
237 23rd St, Costa Mesa, CA 92627
$1,688,888
3 Beds
2 Baths
1522 Sq.Ft.
237 23rd St
Costa Mesa, CA 92627
Open Sun 1pm-4pm
237 23rd St, Costa Mesa, CA 92627
$1,688,888
3 Beds
2 Baths
1533 Sq.Ft.
237 23rd St
Costa Mesa, CA 92627
408 Ford Rd, Costa Mesa, CA 92627
$1,725,000
7 Beds
4 Baths
3802 Sq.Ft.
408 Ford Rd
Costa Mesa, CA 92627
164 E 19th St, Costa Mesa, CA 92627
$1,699,000
3 Beds
2 Baths
1700 Sq.Ft.
164 E 19th St
Costa Mesa, CA 92627
767 Scott Pl, Costa Mesa, CA 92627
$1,800,000
6 Beds
3 Baths
2652 Sq.Ft.
767 Scott Pl
Costa Mesa, CA 92627
912 W 18th St, Costa Mesa, CA 92627
$1,399,000
4 Beds
2 Baths
1904 Sq.Ft.
912 W 18th St
Costa Mesa, CA 92627
8402 Slater Ave, Huntington Beach, CA 92647
$1,299,000
5 Beds
3 Baths
2214 Sq.Ft.
8402 Slater Ave
Huntington Beach, CA 92647
218 Knoxville Ave, Huntington Beach, CA 92648
$1,700,000
5 Beds
3 Baths
3128 Sq.Ft.
218 Knoxville Ave
Huntington Beach, CA 92648
715 California, Huntington Beach, CA 92648
$1,589,000
4 Beds
2 Baths
1600 Sq.Ft.
715 California
Huntington Beach, CA 92648
733 S Fondren St, Orange, CA 92868
$1,650,000
8 Beds
6 Baths
4536 Sq.Ft.
733 S Fondren St
Orange, CA 92868
10692 Frances, Garden Grove, CA 92843
$1,550,000
6 Beds
5 Baths
3100 Sq.Ft.
10692 Frances
Garden Grove, CA 92843

Recently Sold Homes Near 1046 El Camino Dr

1040 El Camino Dr, Costa Mesa, CA 92626
$1,585,000 Last Sold Price
12 Beds
8 Baths
4670 Sq.Ft.
1040 El Camino Dr
Costa Mesa, CA 92626
1033 Valencia St, Costa Mesa, CA 92626
$2,367,500 Last Sold Price
12 Beds
8 Baths
4671 Sq.Ft.
1033 Valencia St
Costa Mesa, CA 92626
2869 Mendoza Dr, Costa Mesa, CA 92626
$1,530,000 Last Sold Price
8 Beds
4 Baths
3085 Sq.Ft.
2869 Mendoza Dr
Costa Mesa, CA 92626
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

Related Resources to 1046 El Camino Dr

New Listings in 92626
Popular Zip Codes
Popular Cities
Other Costa Mesa Resources

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.

Refi Quote