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2214 Rutgers Dr, Costa Mesa, CA 92627
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2214 Rutgers Dr Costa Mesa, CA 92627

$1,380,000 Sold Price as of 09/23/2022
  • 6 Beds
  • 3 Baths
  • 2,490 Sq.Ft.
Sold
$1,380,000 Sold Price as of 09/23/2022 Refinance Your Mortgage
Map preview of 2214 Rutgers Dr, Costa Mesa, CA 92627

Property Overview: 2214 Rutgers Dr Costa Mesa, CA has 6 bedrooms, 3 bathrooms, 2,490 living square feet and 5,998 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Pleased to present the opportunity to acquire Rutgers Apartments, a well-maintained pride of ownership apartment building located in the heart of Costa Mesa. This property sits minutes from the California coastline and is ideally located near major freeways, providing ease of access to central business hubs. All units are 2-bedroom 1-bath featuring large patios/balconies, in unit washer and dryers, and amenities such as tile and laminate wood flooring, granite countertops, and stainless-steel appliances. This property offers an investor the opportunity to acquire a well-maintained asset with approximately 44% upside in rents.

Listed by Gary Tolfa | BRE #00955403 | Triqor Group
Last checked: 3 minutes ago | Last updated: September 26th, 2022 | Source CRMLS | DOM: 109

Home details

Lot Sq. Ft
5,998
HOA Dues
$0/mo
Year built
1958
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW22096374
City
Costa Mesa
County
Orange
Time on Site
716 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $2,450
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $2,450
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,550
  • Total Rent: $1,550
  • Pro Forma/Market Rent: $2,450
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $61,200
  • Net Operating Income: $35,290
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $24,074
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 2214 Rutgers Dr

Interior Features
Laundry Information
  • Has Laundry
  • Dryer Included, Washer Included
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: Level
  • Lot Size Source: Public Records
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 41906208
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: College Park (COLP)
  • Directions: Contact Agent
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Costa Mesa Agent

Sale History for 2214 Rutgers Dr

Last sold for $1,380,000 on September 23rd, 2022

  • September, 2022

  • Sep 23, 2022

    Date

    Sold

    CRMLS: PW22096374

    $1,380,000

    Price

  • May 9, 2022

    Date

    Active

    CRMLS: PW22096374

    $1,600,000

    Price

  • October, 2016

  • Oct 21, 2016

    Date

    Sold (Public Records)

    Public Records

    $700,000

    Price

  • May, 2007

  • May 7, 2007

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2214 Rutgers Dr

Assessed Value (2020): $908,648
Year Land Value Improved Value Assessed Value
2020 $817,783 $90,865 $908,648

Home Value Compared to the Market

This property vs the competition

2214 Rutgers Dr sold on September 23, 2022 for 10.91% 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 $602.21 per/sqft which puts the price per square foot 24.16% lower than the current median sale per square foot for the city of Costa Mesa.

About 2214 Rutgers Dr

Detailed summary of property

2214 Rutgers Dr is a multi family that recently sold in Costa Mesa, CA 92627. This multi family property offered 6 bedrooms, 3 bathrooms, roughly 2,490 living square feet, and sits on an approximately 5,998 square foot lot. 2214 Rutgers Dr was first listed on ArdentRealEstateGroup.com on May 9, 2022. The homeowner sold the property for $1,380,000. 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 10.91% higher than the current median priced home. Local homes that are currently for sale include 233 S Esplanade St, 8860 Tina Way and 825 S Claudina St. While the average home in Costa Mesa, CA is selling in 30 days, 2214 Rutgers Dr has a days on market of 109 days. There are currently 102 homes for sale in the Costa Mesa real estate market and 73 of them are single family homes while 15 of them are condos and 14 are townhomes. For more information on this home for sale at 2214 Rutgers Dr 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 2214 Rutgers Dr

Public county record property details
Beds
--
Baths
--
Year built
1958
Sq. Ft.
2,490
Lot Size
5,706
Stories
2
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
13
APN
419-062-08

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
$1,350,000
Median List Price/Sq.Ft.
$808
Median Sold Price
$1,350,000
Median Sold Price/Sq.Ft.
$1,046
Total Inventory
52
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%)

Thinking of Selling?

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Thinking of Selling?
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(714) 706-1823

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Recently Sold Homes Near 2214 Rutgers Dr

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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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