1826 Pomona Ave, Costa Mesa, CA 92627
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1826 Pomona Ave Costa Mesa, CA 92627

$4,400,000
  • 10 Beds
  • 9 Baths
  • 5,402 Sq.Ft.
For Sale
$4,400,000 Get Pre-Qualified

Map preview of 1826 Pomona Ave, Costa Mesa, CA 92627

Property Overview: 1826 Pomona Ave Costa Mesa, CA has 10 bedrooms, 9 bathrooms, 5,402 living square feet and 20,909 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Opportunity knocks in Costa Mesa, this investment property has 8 units all rented month to month with long term tenants. The location is quiet and private with plenty of parking. Managers quarters is a 3-bedroom 2 bath large walk-in-Closet and small office with its own private yard. Property has a very large courtyard and onsite laundry.

Listed by Bill Maddox | BRE #01972575 | Farrell Smyth Real Estate
Last checked: 8 minutes ago | Last updated: September 5th, 2024 | Source CRMLS | DOM: 12

Home details

Lot Sq. Ft
20,909
HOA Dues
$0/mo
Year built
1975
Garage
--
Property Type:
Apartment
Status
Active
MLS#
SC24181647
City
Costa Mesa
County
Orange
Time on Site
12 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 2
  • # of Electric Meters: 8
  • # of Gas Meters: 8
  • # of Water Meters: 8
Unit Breakdown 1
  • # of Units: 7
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $14,276
  • Total Rent: $14,376
  • Pro Forma/Market Rent: $14,376
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,600
  • Total Rent: $2,600
  • Pro Forma/Market Rent: $2,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $203,712
  • Net Operating Income: $190,697
  • Gross Operating Income: --
  • Laundry Income: $150
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: $22,375
  • Electric: $125
  • Trash: $2,700
  • Cable TV: $0
  • Gardener: $150
  • Insurance: $3,200
  • Professional Management: $12,000
  • Water/Sewer: $4,200

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Property Details for 1826 Pomona Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Common Area, Dryer Included
Room Information
  • Flooring: Carpet, Laminate, Tile
  • All Bedrooms Down, All Bedrooms Up
Interior Features
  • Balcony
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Clay
  • Sump Pump
  • Has Fence
  • Average Condition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 12
  • Has Parking
  • Parking Features: Detached Carport
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Has View
  • View: City Lights
  • Common Walls: 2+ Common Walls
  • Total # of Units: 8
  • Parcel Number: 42424142
  • Year Built Source: Public Records
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Newport Blvd to W 18th to Pomona
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Biking
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Sale History for 1826 Pomona Ave

Last sold for $294,000 on November 11th, 1982
  • September, 2024

  • Sep 3, 2024

    Date

    Active

    CRMLS: SC24181647

    $4,400,000

    Price

  • September, 2024

  • Sep 2, 2024

    Date

    Expired

    CRMLS: SC24108568

    $4,400,000

    Price

  • Jun 1, 2024

    Date

    Active

    CRMLS: SC24108568

    $4,400,000

    Price

  • Listing provided courtesy of CRMLS

    Opportunity knocks in Costa Mesa, this investment property has 8 units all rented month to month with long term tenants. The location is quiet and private with plenty of parking. Managers quarters is a 2-bedroom 2 bath large walk-in closet and small office with its own private yard. Property has a very large courtyard and onsite laundry.

  • November, 1982

  • Nov 11, 1982

    Date

    Sold (Public Records)

    Public Records

    $294,000

    Price

Show More

Tax History for 1826 Pomona Ave

Assessed Value (2020): $583,984
Year Land Value Improved Value Assessed Value
2020 $110,957 $473,027 $583,984

Home Value Compared to the Market

This property vs the competition

1826 Pomona Ave is listed 193.33% higher than the median list price for the city of Costa Mesa which has a median list price of $1,500,000. The median price per/sqft for Costa Mesa is $794 and this home is listed at $814.51 per/sqft which puts the price per square foot 2.58% higher than the median price per square foot for the city of Costa Mesa.

About 1826 Pomona Ave

Detailed summary of property

1826 Pomona Ave is a apartment located in Costa Mesa, CA 92627 and is currently for sale. This apartment offers 10 bedrooms, 9 bathrooms, roughly 5,402 living square feet, and sits on an approximately 20,909 square foot lot. 1826 Pomona Ave was first listed on ArdentRealEstateGroup.com on September 3, 2024. The homeowner is currently asking $4,400,000. The median priced home in Costa Mesa is $1,500,000 with a median price per square foot of $794. Based on Ardent Real Estate Group's Costa Mesa Market Data, this home is listed 193.33% higher than the median priced home. Local competing homes currently for sale include 1809 W Bay Ave, 1320 W Balboa Blvd and 916 W Balboa Blvd. While the average home in Costa Mesa, CA is selling in 41 days, 1826 Pomona Ave has a days on market of 12 days. There are currently 147 homes for sale in the Costa Mesa real estate market and 107 of them are single family homes while 23 of them are condos and 17 are townhomes. For more information on this home for sale at 1826 Pomona 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 1826 Pomona Ave

Public county record property details
Beds
--
Baths
--
Year built
1975
Sq. Ft.
5,402
Lot Size
20,103
Stories
2
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
503
APN
424-241-42

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
$1,420,000
Median List Price/Sq.Ft.
$825
Median Sold Price
$1,070,000
Median Sold Price/Sq.Ft.
$855
Total Inventory
84
Median Sale to List Price %
99.17%
Avg Days on Market
20
Loan Type
Conventional (66.67%), FHA (0%), VA (0%), Cash (5.56%), Other (22.22%)

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Related Resources to 1826 Pomona Ave

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.