220 Monte Vista Ave, Costa Mesa, CA 92627
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220 Monte Vista Ave Costa Mesa, CA 92627

$1,750,000 Sold Price as of 02/11/2021
  • 4 Beds
  • 4 Baths
  • 1,915 Sq.Ft.
Sold
$1,750,000 Sold Price as of 02/11/2021 Refinance Your Mortgage

Map preview of 220 Monte Vista Ave, Costa Mesa, CA 92627

Property Overview: 220 Monte Vista Ave Costa Mesa, CA has 4 bedrooms, 4 bathrooms, 1,915 living square feet and 6,750 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The ideal income property with 3 freestanding structures and the curb appeal of one of the most charming single family streets in desirable Eastside Costa Mesa. The front cottage is a 3 bed, 2 bath remodeled home with newer fixtures, yet with all the charm in tact with timeless finishes. It enjoys its own front patio. The middle unit features a large 1-bedroom with vaulted ceilings and light filled living room and kitchen that surrounds a private interior courtyard. Both units have AC and individual laundry. In the rear is the garage/studio apartment with two sets of French doors that open for an indoor/outdoor feel. The flagstone paved and lushly landscaped side yard functions as promenade, garden and communal space. Adjacent to the rear studio is additional shared yard and storage. Generating excellent income and low turnover, this is a fantastic investment for a 1031 exchange candidate, an owner-user, or for your first foray into owning rental property. Nearby shady Brentwood Park with tot lot, Back Bay trails, 17th Street retail, Mariners Branch Library, tennis & basketball courts, freeway & beach access, and major employment centers make this one of the most coveted locations for renters.

Listed by Grant Bixby | BRE #01364572 | Compass
Last checked: 2 minutes ago | Last updated: August 18th, 2023 | Source CRMLS | DOM: 9

Home details

Lot Sq. Ft
6,750
HOA Dues
$0/mo
Year built
1963
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
NP21006350
City
Costa Mesa
County
Orange
Time on Site
1204 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,375
  • Total Rent: $3,375
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,400
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,750
  • Total Rent: $1,750
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $90,300
  • Net Operating Income: $71,068
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $19,232
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $1,600
  • Water/Sewer: $451

Property Details for 220 Monte Vista Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, See Remarks
Heating Information
  • Has Heating
  • Central, Forced Air
Laundry Information
  • Has Laundry
  • See Remarks
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Tile, Wood
  • All Bedrooms Down, Main Floor Bedroom, Main Floor Master Bedroom
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Gas Oven, Gas Cooktop, Gas Water Heater, Tankless Water Heater
Interior Features
  • Cathedral Ceiling(s), Stone Counters
  • Levels: One
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Vinyl, Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Parking Features: Assigned, Driveway, Street
Lot Information
  • Lot Features: Back Yard, Front Yard, Garden, Landscaped, Rectangular Lot, Level, Park Nearby, Sprinkler System, Treed Lot, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 43918106
  • Year Built Source: Assessor
  • Architectural Style: Bungalow, Ranch
  • Foundation Details: Raised, Slab
  • Property is not Attached
  • Property Condition: Turnkey, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Eastside South (ESCM)
  • Directions: Between Orange and Santa Ana, accessible from Old Newport Blvd. or Irvine Blvd.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Biking, Hiking, Gutters, Park, Storm Drains, Street Lights, Suburban
View more facts & features

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Sale History for 220 Monte Vista Ave

Last leased for $3,000 on August 17th, 2023
  • August, 2023

  • Aug 17, 2023

    Date

    Leased

    CRMLS: NP23131455

    $3,000

    Price

  • Jul 17, 2023

    Date

    Active

    CRMLS: NP23131455

    $2,995

    Price

  • Listing provided courtesy of CRMLS

    Located in coveted Eastside Costa Mesa, this cottage-style 1 bd enjoys Tuscan inspired landscaping and brick driveway, a rose garden, private backyard and truly picturesque curb appeal. This charming unit has been tastefully upgraded with wood and tile flooring, AC, white kitchen cabinetry, Quartz countertops, designer paint, large shower, and a walk-in closet.

  • February, 2021

  • Feb 12, 2021

    Date

    Sold

    CRMLS: NP21006350

    $1,750,000

    Price

  • Jan 22, 2021

    Date

    Active Under Contract

    CRMLS: NP21006350

    $1,679,000

    Price

  • Jan 13, 2021

    Date

    Active

    CRMLS: NP21006350

    $1,679,000

    Price

  • May, 2015

  • May 20, 2015

    Date

    Sold (Public Records)

    Public Records

    $1,160,000

    Price

  • February, 2015

  • Feb 27, 2015

    Date

    Sold (Public Records)

    Public Records

    $905,000

    Price

Show More

Tax History for 220 Monte Vista Ave

Assessed Value (2020): $1,243,233
Year Land Value Improved Value Assessed Value
2020 $1,193,504 $49,729 $1,243,233

Home Value Compared to the Market

This property vs the competition

220 Monte Vista Ave sold on February 11, 2021 for 22.55% 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 $876.76 per/sqft which puts the price per square foot 11.97% higher than the current median sale per square foot for the city of Costa Mesa.

About 220 Monte Vista Ave

Detailed summary of property

220 Monte Vista Ave is a multi family that recently sold in Costa Mesa, CA 92627. This multi family property offered 4 bedrooms, 4 bathrooms, roughly 1,915 living square feet, and sits on an approximately 6,750 square foot lot. 220 Monte Vista Ave was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $1,750,000. 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 22.55% higher than the current median priced home. Local homes that are currently for sale include 310 E Wakefield Ave, 2112 S Cindy Pl and 12936 Adelle St. While the average home in Costa Mesa, CA is selling in 29 days, 220 Monte Vista Ave has a days on market of 9 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 220 Monte Vista 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 220 Monte Vista Ave

Public county record property details
Beds
2
Baths
2
Year built
1963
Sq. Ft.
1,250
Lot Size
6,869
Stories
1
Type
Residential Income (General) (Multi-Family)
Pool
No
Spa
No
County
Orange
Lot#
121
APN
439-181-06

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%)

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Related Resources to 220 Monte Vista 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.