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2257 Elden Ave, Costa Mesa, CA 92627
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2257 Elden Ave Costa Mesa, CA 92627

$1,620,000 Sold Price as of 08/03/2021
  • 6 Beds
  • 8 Baths
  • 3,340 Sq.Ft.
Sold
$1,620,000 Sold Price as of 08/03/2021 Refinance Your Mortgage
Map preview of 2257 Elden Ave, Costa Mesa, CA 92627

Property Overview: 2257 Elden Ave Costa Mesa, CA has 6 bedrooms, 8 bathrooms, 3,340 living square feet and 8,154 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Two on a lot! 2257 & 2259 Elden are near identical 3 Bedrooms + 3.5 Bathrooms. All 3 bedrooms are upstairs each with their own ensuite bathrooms. Bedrooms 1 & 2 act like dual masters, with an additional ½ bathroom on the first floor. Both properties have air conditioning and separate utilities. Direct 2 car garage access including washer/dryer laundry hookups. 2018 appraisal has each unit at approx 1,576 sq ft however the builder in 1986 claims each unit at 1,670 sq ft. High vaulted ceilings with a balcony from the second floor gives an even larger feeling. Fireplaces in living rooms, private balconies and backyards for both properties. 2257 has an exceptionally large backyard. From the exterior the property needs some TLC however the insides show even better and both properties are in good living condition with long term happy tenants and no current issues reported.

Listed by Nicolai Glazer | BRE #01857997 | Pacific Sotheby's Int'l Realty
Last checked: 15 minutes ago | Last updated: September 13th, 2022 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
8,154
HOA Dues
$0/mo
Year built
1986
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
NP21125113
City
Costa Mesa
County
Orange
Time on Site
1051 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 2
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 4
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,000
  • Total Rent: $3,000
  • Pro Forma/Market Rent: $3,850
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 4
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,900
  • Total Rent: $2,900
  • Pro Forma/Market Rent: $3,850
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.01%
  • Gross Rent Multiplier: 22.57
  • Gross Scheduled Income: $70,800
  • Net Operating Income: $48,088
  • Gross Operating Income: $70,800
  • Gross Spendable Income: $0
  • # of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
  • Laundry Income: $0
  • Personal Property: $0
Annual Expense Breakdown
  • Total Operating Expense: $22,712
  • Electric: $0
  • Gas/Fuel: $0
  • Licenses: $0
  • New Taxes: $17,578
  • Furniture Replacement: $0
  • Trash: $0
  • Cable TV: $0
  • Gardener: $0
  • Insurance: $1,139
  • Maintenance: $0
  • Workman's Comp: $0
  • Professional Management: $0
  • Water/Sewer: $530
  • Other Expenses: $2,106
  • Other Expense Description: Tran SG

Property Details for 2257 Elden Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • In Garage
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Carpet, Vinyl, Wood
  • All Bedrooms Up, Kitchen, Living Room
Kitchen Information
  • Has Appliances
  • Water Heater
Interior Features
  • Balcony, Beamed Ceilings, Cathedral Ceiling(s)
  • 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: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Garage - Two Door
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 42605309
  • Year Built Source: Builder
  • Architectural Style: Traditional
  • Property is not 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: other
  • Directions: between 22nd & 23rd St on Elden
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Costa Mesa Agent

Sale History for 2257 Elden Ave

Last sold for $1,620,000 on August 3rd, 2021

  • August, 2021

  • Aug 4, 2021

    Date

    Sold

    CRMLS: NP21125113

    $1,620,000

    Price

  • Jul 14, 2021

    Date

    Pending

    CRMLS: NP21125113

    $1,598,000

    Price

  • Jun 23, 2021

    Date

    Active Under Contract

    CRMLS: NP21125113

    $1,598,000

    Price

  • Jun 11, 2021

    Date

    Coming Soon

    CRMLS: NP21125113

    $1,598,000

    Price

  • January, 2019

  • Jan 11, 2019

    Date

    Sold (Public Records)

    Public Records

    $237,500

    Price

  • August, 2009

  • Aug 19, 2009

    Date

    Sold (Public Records)

    Public Records

    $950,000

    Price

Show More

Tax History for 2257 Elden Ave

Assessed Value (2020): $1,096,457
Year Land Value Improved Value Assessed Value
2020 $833,307 $263,150 $1,096,457

Home Value Compared to the Market

This property vs the competition

2257 Elden Ave sold on August 3, 2021 for 18.2% 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 $478.44 per/sqft which puts the price per square foot 39.74% lower than the current median sale per square foot for the city of Costa Mesa.

About 2257 Elden Ave

Detailed summary of property

2257 Elden Ave is a multi family that recently sold in Costa Mesa, CA 92627. This multi family property offered 6 bedrooms, 8 bathrooms, roughly 3,340 living square feet, and sits on an approximately 8,154 square foot lot. 2257 Elden Ave was first listed on ArdentRealEstateGroup.com on June 11, 2021. The homeowner sold the property for $1,620,000. 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 18.2% higher than the current median priced home. Local homes that are currently for sale include 7161 Main St, 915 W Maple Ave and 2066 S Haster St. There are currently 113 homes for sale in the Costa Mesa real estate market and 84 of them are single family homes while 14 of them are condos and 15 are townhomes. For more information on this home for sale at 2257 Elden 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 2257 Elden Ave

Public county record property details
Beds
2
Baths
1
Year built
1938
Sq. Ft.
1,228
Lot Size
8,152
Stories
1
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Orange
Lot#
25
APN
426-053-09

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.
$828
Median Sold Price
$1,350,000
Median Sold Price/Sq.Ft.
$1,046
Total Inventory
66
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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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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