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140 Albert Pl, Costa Mesa, CA 92627
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140 Albert Pl Costa Mesa, CA 92627

$2,150,000 Sold Price as of 03/28/2024
  • 6 Beds
  • 5 Baths
  • 2,592 Sq.Ft.
Sold
$2,150,000 Sold Price as of 03/28/2024 Refinance Your Mortgage
Map preview of 140 Albert Pl, Costa Mesa, CA 92627

Property Overview: 140 Albert Pl Costa Mesa, CA has 6 bedrooms, 5 bathrooms, 2,592 living square feet and 9,148 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present the sale of 140 Albert Pl, a 3 unit multifamily property located in Eastside Costa Mesa. This property consists of (1) detached 2 bedroom / 1 bathroom front house and (2) 2 bedroom / 2 bathroom back units. The front house has a charming front porch, in unit laundry hook-ups, laminate flooring, private yard space, recessed lighting, and an updated kitchen. The other two units have private balconies, separate entrances, recessed lighting, vaulted ceilings, and large utility rooms with laundry hook-ups. All units are well maintained, separately metered for gas/electricity and have private garages. Buyer to confirm with the City, but there is a possibility to complete an ADU garage conversion. This asset is located in one of the most desirable rental markets in Orange County and offers tenants close proximity to parks, top rated schools, beaches, and all the amenities 17th street has to offer!

Listed by Christopher Maddy | BRE #01946797 | Pacific Sotheby's Int'l Realty
Co-listed by Timothy Carr | BRE #01017277 | Pacific Sotheby's Int'l Realty
Last checked: 10 minutes ago | Last updated: March 29th, 2024 | Source CRMLS | DOM: 43

Home details

Lot Sq. Ft
9,148
HOA Dues
$0/mo
Year built
1981
Garage
4 Car
Property Type:
Triplex
Status
Sold
MLS#
NP24006512
City
Costa Mesa
County
Orange
Time on Site
115 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,475
  • Total Rent: $3,475
  • Pro Forma/Market Rent: $3,695
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,150
  • Total Rent: $3,150
  • Pro Forma/Market Rent: $3,295
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,125
  • Total Rent: $3,125
  • Pro Forma/Market Rent: $3,295
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $117,000
  • Net Operating Income: $82,150
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $31,340
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $23,090
  • Trash: $0
  • Insurance: $2,500
  • Maintenance: $2,250
  • Water/Sewer: $1,500
  • Other Expenses: $2,000
  • Other Expense Description: Gardener

Property Details for 140 Albert Pl

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate, Tile
  • Kitchen, Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Cooktop
Interior Features
  • Ceiling Fan(s), Quartz Counters, Recessed Lighting, Tile Counters
  • Levels: Two
  • Window Features: Blinds
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Vinyl
  • No Spa
  • Spa Features: None
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: Landscaped, Lot 6500-9999, Patio Home, Sprinkler System
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 42605413
  • Year Built Source: Assessor
  • Entry Level: 2
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Eastside North (ENCM)
  • Directions: Elden to Albert Pl
Neighborhood Information
  • Community Features: Biking, Curbs, Sidewalks
View more facts & features

Local Costa Mesa Agent

Sale History for 140 Albert Pl

Last sold for $2,150,000 on March 28th, 2024

  • March, 2024

  • Mar 28, 2024

    Date

    Sold

    CRMLS: NP24006512

    $2,150,000

    Price

  • Jan 15, 2024

    Date

    Active

    CRMLS: NP24006512

    $2,249,000

    Price

  • December, 2011

  • Dec 1, 2011

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • November, 2011

  • Nov 18, 2011

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 140 Albert Pl

Assessed Value (2020): $736,183
Year Land Value Improved Value Assessed Value
2020 $552,137 $184,046 $736,183

Home Value Compared to the Market

This property vs the competition

140 Albert Pl sold on March 28, 2024 for 60.51% higher than the current median sold price for the city of Costa Mesa which is $1,370,000. The median sold price per/sqft for Costa Mesa is $783 and this home is sold at $848.38 per/sqft which puts the price per square foot 8.35% higher than the current median sale per square foot for the city of Costa Mesa.

About 140 Albert Pl

Detailed summary of property

140 Albert Pl is a triplex that recently sold in Costa Mesa, CA 92627. This triplex offered 6 bedrooms, 5 bathrooms, roughly 2,592 living square feet, and sits on an approximately 9,148 square foot lot. 140 Albert Pl was first listed on ArdentRealEstateGroup.com on January 15, 2024. The homeowner sold the property for $2,150,000. Home in Costa Mesa are selling for a median price of $1,370,000 and a median price per square foot of $783. Based on Ardent Real Estate Group's Costa Mesa Market Data, this home is sold 60.51% higher than the current median priced home. Local homes that are currently for sale include 734 Center St, 16426 San Jacinto Street and 12611 Morningside Ave. While the average home in Costa Mesa, CA is selling in 30 days, 140 Albert Pl has a days on market of 43 days. There are currently 116 homes for sale in the Costa Mesa real estate market and 90 of them are single family homes while 9 of them are condos and 17 are townhomes. For more information on this home for sale at 140 Albert Pl Costa Mesa, CA 92627 contact Ardent Real Estate Group and we will put you in touch with one of our Costa Mesa agents.

Public Facts for 140 Albert Pl

Public county record property details
Beds
2
Baths
1
Year built
1981
Sq. Ft.
1,704
Lot Size
8,842
Stories
1
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
35
APN
426-054-13

The source for these homes facts are from public records.

92627 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,389,000
Median List Price/Sq.Ft.
$828
Median Sold Price
$1,500,000
Median Sold Price/Sq.Ft.
$788
Total Inventory
68
Median Sale to List Price %
100%
Avg Days on Market
28
Loan Type
Conventional (44.44%), FHA (0%), VA (0%), Cash (38.89%), Other (16.67%)

Thinking of Selling?

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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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