151 Albert Pl, Costa Mesa, CA 92627
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151 Albert Pl Costa Mesa, CA 92627

$2,650,000 Sold Price as of 04/10/2023
  • 9 Beds
  • 10.5 Baths
  • 4,509 Sq.Ft.
Sold
$2,650,000 Sold Price as of 04/10/2023 Refinance Your Mortgage

Map preview of 151 Albert Pl, Costa Mesa, CA 92627

Property Overview: 151 Albert Pl Costa Mesa, CA has 9 bedrooms, 10.5 bathrooms, 4,509 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 151 Albert Place, a premier Eastside Costa Mesa Triplex built to condominium-quality levels and situated on a tree-lined 9,148 SF lot. This is the first me this property has ever been on the market and it is being sold by the original builder. Constructed in 1986, this triplex comprises all 3-Bedroom/3.5-Bathroom Townhouse style units that each have a double-car garage with direct access, washer/dryer hookups, and private patios and yards. The community is located on a desirable corner lot where each unit has the feeling of a private Single Family Residence. Each of the units is also individually metered for Electricity, Gas, and Water, helping to reduce a buyer's overall expenses on the property. 151 Albert Place is located near grocery stores, coffee shops, restaurants, and other hip establishments.

Listed by Nick Gould | BRE #01521955 | Morgan Skenderian
Last checked: 5 minutes ago | Last updated: October 15th, 2023 | Source CRMLS | DOM: 65

Home details

Lot Sq. Ft
9,148
HOA Dues
$0/mo
Year built
1986
Garage
6 Car
Property Type:
Triplex
Status
Sold
MLS#
PW23000708
City
Costa Mesa
County
Orange
Time on Site
480 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 4
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,950
  • Total Rent: $5,900
  • Pro Forma/Market Rent: $9,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 4
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,075
  • Total Rent: $3,075
  • Pro Forma/Market Rent: $4,750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 25.53
  • Gross Scheduled Income: $107,700
  • Net Operating Income: $60,489
  • Gross Operating Income: $104,469
  • Vacancy Allowance: $3,231
Annual Expense Breakdown
  • Total Operating Expense: $41,402
  • Electric: $1,260
  • Gas/Fuel: $0
  • New Taxes: $30,619
  • Trash: $0
  • Gardener: $1,800
  • Insurance: $2,000
  • Maintenance: $5,223
  • Water/Sewer: $0

Property Details for 151 Albert Pl

Interior Features
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, Washer Hookup
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Tile
Interior Features
  • Ceiling Fan(s)
  • 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: 13
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 42606302
  • Year Built Source: Builder
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Eastside Costa Mesa
  • Directions: Exit 22nd St./Victoria St. Exit, make left onto 22nd st. and left on Elden Ave. Property on the corner of Elden and Albert.
Neighborhood Information
  • Community Features: Biking, Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban
View more facts & features

Local Costa Mesa Agent

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Sale History for 151 Albert Pl

Last leased for $4,980 on October 12th, 2023
  • October, 2023

  • Oct 12, 2023

    Date

    Leased

    CRMLS: OC23187153

    $4,980

    Price

  • Oct 6, 2023

    Date

    Active

    CRMLS: OC23187153

    $4,980

    Price

  • Listing provided courtesy of CRMLS

    Welcome to your newly renovated townhome in Eastside Costa Mesa! An enclosed front yard has just been freshly landscaped. Enter through the Dutch door entry into the living room with high ceilings and a gas fireplace. Upgrades include wood like flooring throughout the home and a newly renovated kitchen with stainless steel appliances. All three spacious bedrooms are upstairs and each come with their own attached bathrooms! The primary bedroom has high ceilings and large windows, allowing for plenty of natural sunlight. The second bedroom has a private balcony. The home also comes with direct access to the attached 2-car garage with washer/dryer hookups! Located near the OC Fairgrounds and Triangle Square. A quick bike ride away from 17th Street featuring plenty of trendy restaurants, entertainment and shopping! Also, located near Orange County's best beaches and convenient access to major freeways. Come quick!

  • April, 2023

  • Apr 10, 2023

    Date

    Sold

    CRMLS: PW23000708

    $2,650,000

    Price

  • Jan 3, 2023

    Date

    Active

    CRMLS: PW23000708

    $2,995,000

    Price

  • August, 2009

  • Aug 20, 2009

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • March, 2006

  • Mar 16, 2006

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 151 Albert Pl

Assessed Value (2020): $584,868
Year Land Value Improved Value Assessed Value
2020 $233,947 $350,921 $584,868

Home Value Compared to the Market

This property vs the competition

151 Albert Pl sold on April 10, 2023 for 103.4% higher than the current median sold price for the city of Costa Mesa which is $1,352,000. The median sold price per/sqft for Costa Mesa is $794 and this home is sold at $609.89 per/sqft which puts the price per square foot 23.19% lower than the current median sale per square foot for the city of Costa Mesa.

About 151 Albert Pl

Detailed summary of property

151 Albert Pl is a triplex that recently sold in Costa Mesa, CA 92627. This triplex offered 9 bedrooms, 10.5 bathrooms, roughly 4,509 living square feet, and sits on an approximately 9,148 square foot lot. 151 Albert Pl was first listed on ArdentRealEstateGroup.com on January 3, 2023. The homeowner sold the property for $2,650,000. Home in Costa Mesa are selling for a median price of $1,352,000 and a median price per square foot of $794. Based on Ardent Real Estate Group's Costa Mesa Market Data, this home is sold 103.4% higher than the current median priced home. Local homes that are currently for sale include 210 41st St, 208 41st St and 218 Indianapolis Ave. While the average home in Costa Mesa, CA is selling in 28 days, 151 Albert Pl has a days on market of 65 days. There are currently 113 homes for sale in the Costa Mesa real estate market and 84 of them are single family homes while 14 of them are condos and 15 are townhomes. For more information on this home for sale at 151 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 151 Albert Pl

Public county record property details
Beds
2
Baths
1
Year built
1923
Sq. Ft.
760
Lot Size
8,427
Stories
1
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Orange
Lot#
50
APN
426-063-02

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
$1,399,000
Median List Price/Sq.Ft.
$828
Median Sold Price
$1,350,000
Median Sold Price/Sq.Ft.
$1,046
Total Inventory
66
Median Sale to List Price %
103.85%
Avg Days on Market
17
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (31.82%), Other (18.18%)

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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.