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181 E 18Th St, Costa Mesa, CA 92627
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181 E 18Th St Costa Mesa, CA 92627

$1,600,000 Sold Price as of 02/13/2024
  • -- Beds
  • -- Baths
  • 3,682 Sq.Ft.
Sold
$1,600,000 Sold Price as of 02/13/2024 Refinance Your Mortgage
Map preview of 181 E 18Th St, Costa Mesa, CA 92627

Property Overview: 181 E 18Th St Costa Mesa, CA has -- bedrooms, -- bathrooms, 3,682 living square feet and 22,216 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Single story Medical/Office building with approximately 3,682 sqft (4 units) located on approximately 22,216 sqft lot with a total of 25 parking spaces. Per city of Costa Mesa zoning is R2-HD.

Listed by Hal Schlegel | BRE #00585919 | eXp Realty of California Inc
Last checked: 14 minutes ago | Last updated: February 14th, 2024 | Source CRMLS | DOM: 44

Home details

Lot Sq. Ft
22,216
HOA Dues
$0/mo
Year built
1959
Garage
--
Property Type:
Office
Status
Sold
MLS#
PW23178083
City
Costa Mesa
County
Orange
Time on Site
225 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 10
  • Total # of Buildings: 2
  • # of Leased Units: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $21,360
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $13,140
  • Total Rent: --
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $19,740
  • Total Rent: --
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $15,600
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $69,840
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --
  • Electric: $400
  • Trash: $9,588
  • Insurance: $1,791
  • Maintenance: $3,824
  • Water/Sewer: $1,277

Property Details for 181 E 18Th St

Interior Features
Laundry Information
  • See Remarks
Exterior Features
Exterior Information
  • Roof: Flat
  • Has Fence
  • Wood
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 25
Lot Information
  • Lot Features: Front Yard, Level with Street, Lot 20000-39999 Sqft, Irregular Lot, Level, Paved
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 10
  • Parcel Number: 42541517
  • Year Built Source: Assessor
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: Newport Blvd, turn East onto 18th Street
View more facts & features

Local Costa Mesa Agent

Sale History for 181 E 18Th St

Last sold for $1,600,000 on February 13th, 2024

  • February, 2024

  • Feb 13, 2024

    Date

    Sold

    CRMLS: PW23178083

    $1,600,000

    Price

  • Sep 23, 2023

    Date

    Active

    CRMLS: PW23178083

    $1,670,000

    Price

  • March, 2021

  • Mar 30, 2021

    Date

    Leased

    CRMLS: PW20261507

    $1,300

    Price

  • Dec 29, 2020

    Date

    Active

    CRMLS: PW20261507

    $1,300

    Price

  • Listing provided courtesy of CRMLS

    Conveniently located Single Level Medical Office Building with a total of 825 usuable square feet. Current configuration is, Private Office Space of 89 Sq. Ft. Reception area of 153 Sq. Ft. 2 Operatory Rooms one is 90 Sq. Ft. the other is 87 Sq. Ft. Additional Business Office space 92 Sq. Ft. , Lab Space 87 Sq. Ft. Two Bathrooms with toilets and sinks, Outside uncovered patio area of 290 Sq. Ft. lets light in and provides area for breaks and lunch. Total parking for building is 25 uncovered spaces plus street parking. Easy access for patients and employees. Great location for quiet business. Building currently has two dentist offices and a wellness clinic. Previous use for the available space was dental. Lease price is $1.58 per square foot of usable space.

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Tax History for 181 E 18Th St

Assessed Value (2020): $166,341
Year Land Value Improved Value Assessed Value
2020 $48,239 $118,102 $166,341

Home Value Compared to the Market

This property vs the competition

181 E 18Th St sold on February 13, 2024 for 21.9% 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 $453.56 per/sqft which puts the price per square foot 42.07% lower than the current median sale per square foot for the city of Costa Mesa.

About 181 E 18Th St

Detailed summary of property

181 E 18Th St is a office that recently sold in Costa Mesa, CA 92627. This office offered -- bedrooms, -- bathrooms, roughly 3,682 living square feet, and sits on an approximately 22,216 square foot lot. 181 E 18Th St was first listed on ArdentRealEstateGroup.com on September 23, 2023. The homeowner sold the property for $1,600,000. 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 21.9% higher than the current median priced home. Local homes that are currently for sale include 4024 12th St and 16742 Orange Way. While the average home in Costa Mesa, CA is selling in 29 days, 181 E 18Th St 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 181 E 18Th St 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 E 18Th St

Public county record property details
Beds
--
Baths
--
Year built
1959
Sq. Ft.
3,682
Lot Size
22,021
Stories
1
Type
Commercial (General)
Pool
No
Spa
No
County
Orange
Lot#
122
APN
425-415-17

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
70
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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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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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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