181 Cecil Pl, Costa Mesa, CA 92627
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181 Cecil Pl Costa Mesa, CA 92627

$1,635,000 Sold Price as of 03/05/2021
  • 6 Beds
  • 4 Baths
  • 6,970 Sq.Ft.
Sold
$1,635,000 Sold Price as of 03/05/2021 Refinance Your Mortgage

Map preview of 181 Cecil Pl, Costa Mesa, CA 92627

Property Overview: 181 Cecil Pl Costa Mesa, CA has 6 bedrooms, 4 bathrooms, 6,970 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: Rare opportunity for a duplex with two 3-bedroom units in East Costa Mesa. Amazing rental opportunity, or live in one and rent the other. Reciprocal units with three bedrooms 2 1/2 baths each with 1581 sq.ft. of living space. Two car, attached garage and laundry rooms in each unit. Front unit has brand new flooring, paint, countertops, and other upgrades throughout. Rear unit also has upgrades completed over the past 5 years, and new carpet. Low maintenance yards with private backyard area for each unit. Solid income potential with virtually no vacancies since they were constructed.

Listed by Kent Christiansen | BRE #01841526 | Joshua Daniel Massieh
Co-listed by Rame Shamioon | BRE #02012585 | Tidal Realty
Last checked: 7 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 2

Home details

Lot Sq. Ft
6,970
HOA Dues
$0/mo
Year built
1991
Garage
4 Car
Property Type:
Duplex
Status
Sold
MLS#
NDP2100693
City
Costa Mesa
County
Orange
Time on Site
1192 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Actual Rent: $3,200
  • Total Rent: $3,200
  • Pro Forma/Market Rent: $2,550
Unit Breakdown 2
  • # of Units: --
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Actual Rent: $3,200
  • Total Rent: $3,200
  • Pro Forma/Market Rent: $2,550
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $76,800
  • Net Operating Income: $61,300
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $15,500
  • New Taxes: $18,000
  • Trash: $0
  • Insurance: $2,750

Property Details for 181 Cecil Pl

Interior Features
Laundry Information
  • Has Laundry
  • Individual Room, Gas Dryer Hookup
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 5
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Public Records
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 42606209
  • Year Built Source: Seller
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Google Maps
Neighborhood Information
  • Community Features: Sidewalks, Urban, Park
View more facts & features

Local Costa Mesa Agent

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Sale History for 181 Cecil Pl

Last sold for $1,635,000 on March 5th, 2021
  • August, 2021

  • Aug 24, 2021

    Date

    Expired

    CRMLS: ND20173984

    $1,690,000

    Price

  • Nov 15, 2020

    Date

    Withdrawn

    CRMLS: ND20173984

    $1,690,000

    Price

  • Oct 28, 2020

    Date

    Price Change

    CRMLS: ND20173984

    $1,690,000

    Price

  • Aug 25, 2020

    Date

    Active

    CRMLS: ND20173984

    $1,695,000

    Price

  • Listing provided courtesy of CRMLS

    Rare opportunity for a duplex with two 3 bedroom units in east Costa Mesa! Amazing rental opportunity, or live in one and rent the other. Reciprocal units with 3 bedrooms, 2 1/2 baths each, with 1,581 sq. ft. of living space. Two car attached garage and laundry room in both units. Front unit has brand new flooring, paint, countertops, and other upgrades throughout. Rear unit has also been updated in the past 5 years. Low maintenance yards with private backyard area for each unit. Solid income potential with virtually no vacancies since they were constructed.

  • March, 2021

  • Mar 8, 2021

    Date

    Sold

    CRMLS: NDP2100693

    $1,635,000

    Price

  • Feb 16, 2021

    Date

    Pending

    CRMLS: NDP2100693

    $1,629,000

    Price

  • Jan 23, 2021

    Date

    Active Under Contract

    CRMLS: NDP2100693

    $1,629,000

    Price

  • Jan 21, 2021

    Date

    Active

    CRMLS: NDP2100693

    $1,629,000

    Price

  • August, 2008

  • Aug 1, 2008

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 181 Cecil Pl

Assessed Value (2020): $433,517
Year Land Value Improved Value Assessed Value
2020 $130,055 $303,462 $433,517

Home Value Compared to the Market

This property vs the competition

181 Cecil Pl sold on March 5, 2021 for 20.49% 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 $233.72 per/sqft which puts the price per square foot 70.56% lower than the current median sale per square foot for the city of Costa Mesa.

About 181 Cecil Pl

Detailed summary of property

181 Cecil Pl is a duplex that recently sold in Costa Mesa, CA 92627. This duplex offered 6 bedrooms, 4 bathrooms, roughly 6,970 living square feet, and sits on an approximately 6,970 square foot lot. 181 Cecil Pl was first listed on ArdentRealEstateGroup.com on January 21, 2021. The homeowner sold the property for $1,635,000. 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 20.49% higher than the current median priced home. Local homes that are currently for sale include 2066 S Haster St, 310 E Wakefield Ave and 2112 S Cindy Pl. While the average home in Costa Mesa, CA is selling in 28 days, 181 Cecil 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 181 Cecil 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 181 Cecil Pl

Public county record property details
Beds
1
Baths
1
Year built
1946
Sq. Ft.
528
Lot Size
6,661
Stories
1
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Orange
Lot#
17
APN
426-062-09

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.