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1762 Kenwood Pl, Costa Mesa, CA 92627
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1762 Kenwood Pl Costa Mesa, CA 92627

$2,485,000 Sold Price as of 06/03/2019
  • 10 Beds
  • 10 Baths
  • 6,771 Sq.Ft.
Sold
$2,485,000 Sold Price as of 06/03/2019 Refinance Your Mortgage
Map preview of 1762 Kenwood Pl, Costa Mesa, CA 92627

Property Overview: 1762 Kenwood Pl Costa Mesa, CA has 10 bedrooms, 10 bathrooms, 6,771 living square feet and 21,057 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Don't miss this opportunity to own a well-maintained, family built and owned 8 unit apartment building. It is located in a quiet, desirable area with easy access to freeways, shopping, restaurants, and more. The property shows pride of ownership and consists of 6 one bedroom, one bath units and 2 two bedroom, two bath units. It includes a fenced pool and a community laundry room. On-site parking provides for one carport and one parking space per unit . Please note the current tenants are month to month and rents are substantially below market. Refer to the pro forma rents listed as indicated by a recent appraisal.

Listed by Martha Karelius | BRE #00632473 | @Vantage Real Estate
Last checked: 26 seconds ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 2

Home details

Lot Sq. Ft
21,057
HOA Dues
$0/mo
Year built
1961
Garage
--
Property Type:
Mixed Use
Status
Sold
MLS#
OC19099640
City
Costa Mesa
County
Orange
Time on Site
1376 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
  • # of Leased Units: 8
  • # of Electric Meters: 8
  • # of Gas Meters: 8
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 6
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $900
  • Total Rent: $5,400
  • Pro Forma/Market Rent: $1,350
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $102,000
  • Net Operating Income: $72,420
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $29,580
  • New Taxes: $25,000
  • Trash: $0
  • Insurance: $3,000
  • Professional Management: $4,800
  • Water/Sewer: $4,800

Property Details for 1762 Kenwood Pl

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • Has Pool
  • Pool Features: Private, Fenced, In Ground
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 16
  • Has Parking
  • Parking Features: Carport
Lot Information
  • Lot Features: Lawn, Level with Street, Lot 20000-39999 Sqft, Level
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 8
  • Parcel Number: 42426311
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
  • Association Amenities: Pool
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify, Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: custom
  • Directions: Newport Blvd. to 18th St. to Kenwood Place
Neighborhood Information
  • Community Features: Sidewalks, Suburban
View more facts & features

Local Costa Mesa Agent

Sale History for 1762 Kenwood Pl

Last sold for $2,485,000 on June 4th, 2019

  • June, 2019

  • Jun 4, 2019

    Date

    Sold

    CRMLS: OC19099640

    $2,485,000

    Price

  • May 17, 2019

    Date

    Pending

    CRMLS: OC19099640

    $2,500,000

    Price

  • May 2, 2019

    Date

    Active Under Contract

    CRMLS: OC19099640

    $2,500,000

    Price

  • May 1, 2019

    Date

    Active

    CRMLS: OC19099640

    $2,500,000

    Price

  • June, 2019

  • Jun 4, 2019

    Date

    Sold (Public Records)

    Public Records

    $2,485,000

    Price

Show More

Tax History for 1762 Kenwood Pl

Assessed Value (2020): $207,064
Year Land Value Improved Value Assessed Value
2020 $57,978 $149,086 $207,064

Home Value Compared to the Market

This property vs the competition

1762 Kenwood Pl sold on June 3, 2019 for 84.91% 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 $369.22 per/sqft which puts the price per square foot 53.5% lower than the current median sale per square foot for the city of Costa Mesa.

About 1762 Kenwood Pl

Detailed summary of property

1762 Kenwood Pl is a mixed use that recently sold in Costa Mesa, CA 92627. This mixed use property offered 10 bedrooms, 10 bathrooms, roughly 6,771 living square feet, and sits on an approximately 21,057 square foot lot. 1762 Kenwood Pl was first listed on ArdentRealEstateGroup.com on July 20, 2020. The homeowner sold the property for $2,485,000. 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 84.91% higher than the current median priced home. Local homes that are currently for sale include 1756 Pacific Ave, 1151 Daisy Ave and 914 N Loma Vista Dr. While the average home in Costa Mesa, CA is selling in 28 days, 1762 Kenwood Pl has a days on market of 2 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 1762 Kenwood 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 1762 Kenwood Pl

Public county record property details
Beds
--
Baths
--
Year built
1961
Sq. Ft.
6,771
Lot Size
21,057
Stories
--
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
43
APN
424-263-11

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.

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