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185 Cecil Pl, Costa Mesa, CA 92627
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185 Cecil Pl Costa Mesa, CA 92627

$1,800,000 Sold Price as of 11/03/2022
  • 6 Beds
  • 4 Baths
  • 3,062 Sq.Ft.
Sold
$1,800,000 Sold Price as of 11/03/2022 Refinance Your Mortgage
Map preview of 185 Cecil Pl, Costa Mesa, CA 92627

Property Overview: 185 Cecil Pl Costa Mesa, CA has 6 bedrooms, 4 bathrooms, 3,062 living square feet and 9,951 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present 185 Cecil Place, an added value triplex that is extremely well located in Costa Mesa's premier Eastside. The 2-Bedroom/1-Bathroom detached cottage, built-in 1945, at the rear of the property includes an attached 1-car garage and a massive backyard. Each of the units in the duplex comprises a 2-Bedroom/1.5-Bathroom townhouse-style unit built in 1975. Each of the units in the duplex has a single-car garage and an off-street space. The 9,951 sq. ft . lot provides tenants with ample space and a more residential feel. All necessary amenities are within walking distance, including grocery stores, coffee shops, restaurants, and bars. The property will provide a buyer with a massive upside in rents with capital improvements to the interiors and exterior of the units.

Listed by Nick Gould | BRE #01521955 | Morgan Skenderian
Last checked: 4 minutes ago | Last updated: February 1st, 2024 | Source CRMLS | DOM: 71

Home details

Lot Sq. Ft
9,951
HOA Dues
$0/mo
Year built
1945
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW22158131
City
Costa Mesa
County
Orange
Time on Site
655 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $4,000
  • Pro Forma/Market Rent: $3,250
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $73,200
  • Net Operating Income: $38,689
  • Gross Operating Income: $71,004
  • Vacancy Allowance: $2,196
Annual Expense Breakdown
  • Total Operating Expense: $32,315
  • Electric: $960
  • Gas/Fuel: $0
  • New Taxes: $20,990
  • Trash: $0
  • Insurance: $2,100
  • Maintenance: $5,124
  • Water/Sewer: $960

Property Details for 185 Cecil Pl

Interior Features
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 42606210
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Eastside
  • Directions: Exit 22nd St/Victoria Street towards Orange Ave
Neighborhood Information
  • Community Features: Biking, Curbs, Gutters
View more facts & features

Local Costa Mesa Agent

Sale History for 185 Cecil Pl

Last sold for $1,800,000 on November 3rd, 2022

  • February, 2024

  • Feb 1, 2024

    Date

    Expired

    CRMLS: OC23134024

    $3,200,000

    Price

  • Aug 2, 2023

    Date

    Active

    CRMLS: OC23134024

    $3,200,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to 185 Cecil, Costa Mesa, CA - a stunning multi-family property that offers a modern and luxurious living experience. This fully remodeled property boasts contemporary finishes and a prime location, making it an exceptional investment opportunity. The property features two beautifully renovated units that exude sophistication and style. Each unit has been thoughtfully upgraded to include high-end fixtures, sleek flooring, and designer touches throughout. Residents will enjoy the convenience of spacious living areas and gourmet kitchens, perfect for entertaining family and friends. But the allure of this property doesn't end there. Included with this purchase are architect-approved plans to remodel the third unit into a remarkable 4-bedroom, 3-bathroom unit, adding even more value and potential. This planned transformation ensures the property's continued appreciation and creates possibilities for additional rental income. And there's more! The property also comes with approved plans for an ADU (Accessory Dwelling Unit) that has its own entrance. The ADU is designed to be a 2-bedroom, 2-bathroom retreat, complete with modern amenities and a separate outdoor space. This addition not only increases the property's desirability but also opens up new avenues for rental opportunities. Located in the highly sought-after neighborhood of East Side Costa Mesa, residents will have easy access to a vibrant community, local beaches, top-rated schools, parks, restaurants, and shopping centers. Commuting is a breeze with nearby highways and public transportation options. Don't miss the chance to own this remarkable multi-family units property with endless possibilities. Whether you're an investor looking for a lucrative venture or a homeowner seeking a luxurious residence with income potential, 185 Cecil is a rare find in a prime location. Embrace the future of contemporary living with this exceptional property offering. Schedule your tour today!

  • August, 2023

  • Aug 16, 2023

    Date

    Withdrawn

    CRMLS: OC23146439

    $5,200

    Price

  • Aug 7, 2023

    Date

    Active

    CRMLS: OC23146439

    $5,000

    Price

  • Listing provided courtesy of CRMLS

    This fully remodeled 2 bed 2 bath unit boasts contemporary finishes and a prime location, making it an exceptional investment opportunity. The property features two beautifully renovated units that exude sophistication and style. Each unit has been thoughtfully upgraded to include high-end fixtures, sleek flooring, and designer touches throughout. Residents will enjoy the convenience of spacious living areas and gourmet kitchens, perfect for entertaining family and friends. Each unit includes private 1 Car garage along with interior washer and dryer. Located in the highly sought-after neighborhood of East Side Costa Mesa, residents will have easy access to a vibrant community, local beaches, top-rated schools, parks, restaurants, and shopping centers. Commuting is a breeze with nearby highways and public transportation options. Embrace the future of contemporary living with this exceptional property offering. Schedule your tour today!

  • November, 2022

  • Nov 3, 2022

    Date

    Sold

    CRMLS: PW22158131

    $1,800,000

    Price

  • Jul 18, 2022

    Date

    Active

    CRMLS: PW22158131

    $1,995,000

    Price

  • November, 2000

  • Nov 20, 2000

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 185 Cecil Pl

Assessed Value (2020): $477,273
Year Land Value Improved Value Assessed Value
2020 $267,273 $210,000 $477,273

Home Value Compared to the Market

This property vs the competition

185 Cecil Pl sold on November 3, 2022 for 45.62% 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 $651.53 per/sqft which puts the price per square foot 16.79% lower than the current median sale per square foot for the city of Costa Mesa.

About 185 Cecil Pl

Detailed summary of property

185 Cecil Pl is a multi family that recently sold in Costa Mesa, CA 92627. This multi family property offered 6 bedrooms, 4 bathrooms, roughly 3,062 living square feet, and sits on an approximately 9,951 square foot lot. 185 Cecil Pl was first listed on ArdentRealEstateGroup.com on July 26, 2022. The homeowner sold the property for $1,800,000. 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 45.62% 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 30 days, 185 Cecil Pl has a days on market of 71 days. There are currently 116 homes for sale in the Costa Mesa real estate market and 90 of them are single family homes while 9 of them are condos and 17 are townhomes. For more information on this home for sale at 185 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 185 Cecil Pl

Public county record property details
Beds
--
Baths
--
Year built
1975
Sq. Ft.
824
Lot Size
10,001
Stories
2
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
17
APN
426-062-10

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
$1,389,000
Median List Price/Sq.Ft.
$828
Median Sold Price
$1,500,000
Median Sold Price/Sq.Ft.
$788
Total Inventory
68
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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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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