238 Avocado St, Costa Mesa, CA 92627
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238 Avocado St Costa Mesa, CA 92627

$2,600,000 Sold Price as of 03/11/2020
  • 13 Beds
  • 17 Baths
  • 7,700 Sq.Ft.
Sold
$2,600,000 Sold Price as of 03/11/2020 Refinance Your Mortgage

Map preview of 238 Avocado St, Costa Mesa, CA 92627

Property Overview: 238 Avocado St Costa Mesa, CA has 13 bedrooms, 17 bathrooms, 7,700 living square feet and 14,517 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 7 on Avocado features an excellent unit mix of (3) two-bedroom, 2.5-bathroom townhouses (one unit is completely detached), (3) two-bedroom, two-bathroom units, and (1) very large, one-bedroom, two-bath flat. All of the units feature very spacious floorplans with balconies. The townhouse units are privately situated at the rear of the deep lot. One of these units is completely detached with no common walls. The townhouse units have two balconies and enclosed private yards. All other units also feature one balcony each. Overall, the property is in clean condition with various stages of interior upgrades. Recent extensive wood replacement has been completed and interiors have also been upgraded including wide plank-style flooring, new appliances, and plumbing fixtures. There are also very large walk-in closets in the master suites. Each bedroom has direct access to the large balcony area. In this building, there are three very large two-bedroom, two-bathroom units, and one large one-bedroom, two-bath unit. All units feature massive vaulted ceilings of approximately 18 feet in the living rooms and bedrooms and are very light and bright. Long-term tenancy of up to 31 years underscores the desirability of the location and surrounding area. There are three large townhouse units at the rear of the property each of which has two balconies and large yards. One of these townhouses is a completely detached structure with no common walls. Average rent on these three units is $1,700/month.

Listed by Steven Brombal | BRE #00972129 | Kidder Mathews of California
Co-listed by Joshua Rhee | BRE #01914094 | Kidder Mathews of California
Last checked: 13 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 7

Home details

Lot Sq. Ft
14,517
HOA Dues
$0/mo
Year built
1987
Garage
13 Car
Property Type:
Multi Family
Status
Sold
MLS#
OC20014380
City
Costa Mesa
County
Orange
Time on Site
1400 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 3
  • # of Electric Meters: 8
  • # of Gas Meters: 8
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $2,150
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,550
  • Total Rent: $1,550
  • Pro Forma/Market Rent: $2,150
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,425
  • Total Rent: $1,425
  • Pro Forma/Market Rent: $1,695
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $2,150
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $2,350
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $2,250
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $2,250
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $179,940
  • Net Operating Income: $121,986
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $54,956
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $30,856
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $0

Property Details for 238 Avocado St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Community
Room Information
  • Flooring: Carpet, Laminate, Vinyl
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 13
  • # of Parking Spaces: 13
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: Lot 10000-19999 Sqft
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 7
  • Parcel Number: 41901213
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
Location / Neighborhood
Location Information
  • Directions: Fairview & Avocado Street
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Suburban
View more facts & features

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Sale History for 238 Avocado St

Last sold for $2,600,000 on March 11th, 2020
  • March, 2020

  • Mar 11, 2020

    Date

    Sold

    CRMLS: OC20014380

    $2,600,000

    Price

  • Feb 11, 2020

    Date

    Pending

    CRMLS: OC20014380

    $2,935,000

    Price

  • Jan 28, 2020

    Date

    Active Under Contract

    CRMLS: OC20014380

    $2,935,000

    Price

  • Jan 21, 2020

    Date

    Active

    CRMLS: OC20014380

    $2,935,000

    Price

  • March, 2020

  • Mar 11, 2020

    Date

    Sold (Public Records)

    Public Records

    $2,600,000

    Price

  • April, 1997

  • Apr 25, 1997

    Date

    Sold (Public Records)

    Public Records

    $658,000

    Price

Show More

Tax History for 238 Avocado St

Assessed Value (2020): $938,372
Year Land Value Improved Value Assessed Value
2020 $337,814 $600,558 $938,372

Home Value Compared to the Market

This property vs the competition

238 Avocado St sold on March 11, 2020 for 114.23% 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 $381.17 per/sqft which puts the price per square foot 51.32% lower than the current median sale per square foot for the city of Costa Mesa.

About 238 Avocado St

Detailed summary of property

238 Avocado St is a multi family that recently sold in Costa Mesa, CA 92627. This multi family property offered 13 bedrooms, 17 bathrooms, roughly 7,700 living square feet, and sits on an approximately 14,517 square foot lot. 238 Avocado St was first listed on ArdentRealEstateGroup.com on July 4, 2020. The homeowner sold the property for $2,600,000. 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 114.23% higher than the current median priced home. Local homes that are currently for sale include 210 41st St, 208 41st St and 121 45th St. While the average home in Costa Mesa, CA is selling in 29 days, 238 Avocado St has a days on market of 7 days. There are currently 114 homes for sale in the Costa Mesa real estate market and 85 of them are single family homes while 13 of them are condos and 16 are townhomes. For more information on this home for sale at 238 Avocado St 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 238 Avocado St

Public county record property details
Beds
2
Baths
1
Year built
1924
Sq. Ft.
880
Lot Size
14,517
Stories
1
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Orange
Lot#
35
APN
419-012-13

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.
$850
Median Sold Price
$1,500,000
Median Sold Price/Sq.Ft.
$788
Total Inventory
67
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.