2250 Pamela Ln, Costa Mesa, CA 92627
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2250 Pamela Ln Costa Mesa, CA 92627

$1,210,000 Sold Price as of 02/16/2021
  • 6 Beds
  • 7 Baths
  • 2,800 Sq.Ft.
Sold
$1,210,000 Sold Price as of 02/16/2021 Refinance Your Mortgage

Map preview of 2250 Pamela Ln, Costa Mesa, CA 92627

Property Overview: 2250 Pamela Ln Costa Mesa, CA has 6 bedrooms, 7 bathrooms, 2,800 living square feet and 5,227 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This Westside Costa Mesa triplex constructed in 1983 is located on a culdesac and features a smart unit mix of three 2 bedroom units – one townhouse-style 2 bedroom/2.5 bath and 2 stacked 2 bedroom/2 bath units. Units on the first floor have private yard space. Ample parking includes a 3 car garage plus additional parking next to the building. Recent upgrades include new water heater (just installed), recently painted exterior and 2 of 3 kitchens were remodeled in 2018 including new floors, cabinets, sinks, faucets, fans, windows and plumbing. The current residents are long-term, month-to-month and have been paying on time. Big rental upside in this unit mix and location. The onsite laundry room with landlord-owned coin operated washer and dryer generates additional income. This convenient location offers easy access to freeways, shopping, dining and the beaches of Newport Beach and Huntington Beach.

Listed by Christian Walsh | BRE #01804983 | Coldwell Banker Realty
Last checked: 3 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 17

Home details

Lot Sq. Ft
5,227
HOA Dues
$0/mo
Year built
1983
Garage
3 Car
Property Type:
Triplex
Status
Sold
MLS#
PW20252999
City
Costa Mesa
County
Orange
Time on Site
1216 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 3
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $58,500
  • Net Operating Income: $39,017
  • Gross Operating Income: --
  • Laundry Income: $300
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: $19,483
  • Electric: $642
  • Gas/Fuel: $532
  • New Taxes: $13,161
  • Trash: $885
  • Gardener: $720
  • Insurance: $1,000
  • Water/Sewer: $2,547

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Property Details for 2250 Pamela Ln

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Common Area
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Composition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Garage, Parking Space
Lot Information
  • Lot Features: Cul-De-Sac
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 42237215
  • 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
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: West Costa Mesa North (WNCM)
  • Other Subdivision Name: Other
  • Directions: Turn on JoAnn, end of Pamela Lane
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

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Sale History for 2250 Pamela Ln

Last sold for $1,210,000 on February 16th, 2021
  • February, 2021

  • Feb 17, 2021

    Date

    Sold

    CRMLS: PW20252999

    $1,210,000

    Price

  • Dec 30, 2020

    Date

    Active Under Contract

    CRMLS: PW20252999

    $1,250,000

    Price

  • Dec 9, 2020

    Date

    Active

    CRMLS: PW20252999

    $1,250,000

    Price

  • October, 2008

  • Oct 29, 2008

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • December, 2002

  • Dec 3, 2002

    Date

    Sold (Public Records)

    Public Records

    $430,000

    Price

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Tax History for 2250 Pamela Ln

Assessed Value (2020): $752,944
Year Land Value Improved Value Assessed Value
2020 $579,767 $173,177 $752,944

Home Value Compared to the Market

This property vs the competition

2250 Pamela Ln sold on February 16, 2021 for 8.76% lower 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 $446.43 per/sqft which puts the price per square foot 42.98% lower than the current median sale per square foot for the city of Costa Mesa.

About 2250 Pamela Ln

Detailed summary of property

2250 Pamela Ln is a triplex that recently sold in Costa Mesa, CA 92627. This triplex offered 6 bedrooms, 7 bathrooms, roughly 2,800 living square feet, and sits on an approximately 5,227 square foot lot. 2250 Pamela Ln was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $1,210,000. 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 8.76% lower than the current median priced home. Local homes that are currently for sale include 16742 E Main St, 16742 E Main St and 607 N Harbor Blvd. While the average home in Costa Mesa, CA is selling in 33 days, 2250 Pamela Ln has a days on market of 17 days. There are currently 114 homes for sale in the Costa Mesa real estate market and 88 of them are single family homes while 10 of them are condos and 16 are townhomes. For more information on this home for sale at 2250 Pamela Ln 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 2250 Pamela Ln

Public county record property details
Beds
--
Baths
--
Year built
1983
Sq. Ft.
2,800
Lot Size
6,618
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
1
APN
422-372-15

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
$1,495,000
Median List Price/Sq.Ft.
$852
Median Sold Price
$1,500,000
Median Sold Price/Sq.Ft.
$788
Total Inventory
65
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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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.