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157 Monte Vista Ave Costa Mesa, CA 92627

$1,690,000 Sold Price as of 05/24/2019

5 Beds
4 Baths
2,690 Sq.Ft.

Sold

$1,690,000 Sold Price as of 05/24/2019 Refinance Your Mortgage

Map preview of 157 Monte Vista Ave, Costa Mesa, CA 92627

Property Overview: 157 Monte Vista Ave Costa Mesa, CA has 5 bedrooms, 4 bathrooms, 2,690 living square feet and 12,704 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Listed by Daniel Blackwell | BRE #01854961 | CB Richard Ellis, Inc.

Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 44

Home details

Lot Sq. Ft: 12,704
HOA Dues: $0/mo
Year built: 1954
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 19443688
City: Costa Mesa
County: Orange
Time on Site: 1388 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 4
Total # of Buildings: 2

Unit Breakdown 1

# of Units: 1
# of Beds: 2
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $2,400
Total Rent: $2,400
Pro Forma/Market Rent: $2,900

Unit Breakdown 2

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,800
Total Rent: $1,800
Pro Forma/Market Rent: $2,050

Unit Breakdown 3

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,900
Total Rent: $1,900
Pro Forma/Market Rent: $2,050

Unit Breakdown 4

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,850
Total Rent: $1,850
Pro Forma/Market Rent: $2,050

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: 18.5
Gross Scheduled Income: --
Net Operating Income: $65,492
Gross Operating Income: $92,538
Improvements Total: $92,689

Annual Expense Breakdown

Total Operating Expense: --

Property Details for 157 Monte Vista Ave

Interior Features

Cooling Information

Has Cooling
See Remarks

Laundry Information

Has Laundry
See Remarks

Lot Details / Garage and Parking

Parking/Garage Information

Has Parking
Parking Features: Garage

Lot Information

Lot Size Source: Assessor

Property Information

Total # of Units: 4
Parcel Number: 43929115

Location / Neighborhood

Location Information

Directions: From Harbor and 19th, head north on Newport Blvd then make right onto Monte Vista. Property is on the right hand side.

View more facts & features

Local Costa Mesa Agent

Sale History for 157 Monte Vista Ave

Last sold for $1,690,000 on May 24th, 2019

May, 2019
May 25, 2019

Date

Sold

CRMLS: 19443688

$1,690,000

Price
Apr 27, 2019

Date

Pending

CRMLS: 19443688

$1,765,000

Price
Mar 21, 2019

Date

Price Change

CRMLS: 19443688

$1,765,000

Price
Mar 13, 2019

Date

Active

CRMLS: 19443688

$1,865,000

Price
May, 2019
May 10, 2019

Date

Sold (Public Records)

Public Records

$1,690,000

Price
August, 2017
Aug 16, 2017

Date

Sold (Public Records)

Public Records

$1,275,000

Price

Tax History for 157 Monte Vista Ave

Assessed Value (2020): $1,299,586

Year	Land Value	Improved Value	Assessed Value
2020	$1,221,611	$77,975	$1,299,586

Home Value Compared to the Market

This property vs the competition

157 Monte Vista Ave sold on May 24, 2019 for 28.83% 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 $656.13 per/sqft which puts the price per square foot 16.2% lower than the current median sale per square foot for the city of Costa Mesa.

About 157 Monte Vista Ave

Detailed summary of property

157 Monte Vista Ave is a multi family that recently sold in Costa Mesa, CA 92627. This multi family property offered 5 bedrooms, 4 bathrooms, roughly 2,690 living square feet, and sits on an approximately 12,704 square foot lot. 157 Monte Vista Ave was first listed on ArdentRealEstateGroup.com on July 20, 2020. The homeowner sold the property for $1,690,000. 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 28.83% higher than the current median priced home. Local homes that are currently for sale include 310 E Wakefield Ave, 2112 S Cindy Pl and 12936 Adelle St. While the average home in Costa Mesa, CA is selling in 29 days, 157 Monte Vista Ave has a days on market of 44 days. There are currently 117 homes for sale in the Costa Mesa real estate market and 88 of them are single family homes while 11 of them are condos and 18 are townhomes. For more information on this home for sale at 157 Monte Vista Ave 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 157 Monte Vista Ave

Public county record property details

Beds: --
Baths: --
Year built: 1954
Sq. Ft.: 2,690
Lot Size: 12,704
Stories: 2

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Orange
Lot#: 83
APN: 439-291-15

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.

$843

Median Sold Price

$1,500,000

Median Sold Price/Sq.Ft.

$788

Total Inventory

Median Sale to List Price %

100%

Avg Days on Market

Loan Type

Conventional (44.44%), FHA (0%), VA (0%), Cash (38.89%), Other (16.67%)

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(714) 706-1823

Homes for Sale Near 157 Monte Vista Ave

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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.