241 Costa Mesa St, Costa Mesa, CA 92627
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241 Costa Mesa St Costa Mesa, CA 92627

$1,740,000 Sold Price as of 06/02/2023
  • 6 Beds
  • 3 Baths
  • 2,160 Sq.Ft.
Sold
$1,740,000 Sold Price as of 06/02/2023 Refinance Your Mortgage

Map preview of 241 Costa Mesa St, Costa Mesa, CA 92627

Property Overview: 241 Costa Mesa St Costa Mesa, CA has 6 bedrooms, 3 bathrooms, 2,160 living square feet and 8,712 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to 241 Costa Mesa Street, located in the highly sought-after Eastside Costa Mesa. The property is a single-level triplex with three 2-bedroom, 1-bath units, each with 720 square feet of living space. Each unit has its own patio area and laundry space and is individually metered for electricity and natural gas. There are three detached single-car garages and a parking place in front of each garage. Centrally located minutes away from the Triangle Square shopping center, the Newport Beaches, and just 5 miles from John Wayne Airport (SNA). The property is being sold "As Is." Great investment opportunity!

Listed by Gene Turley | BRE #01951735 | First Team Real Estate
Last checked: 12 minutes ago | Last updated: June 6th, 2023 | Source CRMLS | DOM: 49

Home details

Lot Sq. Ft
8,712
HOA Dues
$0/mo
Year built
1954
Garage
3 Car
Property Type:
Triplex
Status
Sold
MLS#
OC22250810
City
Costa Mesa
County
Orange
Time on Site
478 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: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,695
  • Total Rent: $2,695
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,475
  • Total Rent: $2,475
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $81,840
  • Net Operating Income: $0
  • Gross Operating Income: --
  • # of Rented Garages: 0
  • Garage Rental Rate: $300
  • Garage Rental Income: $0
  • Laundry Income: $0
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: $5,000
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 241 Costa Mesa St

Interior Features
Heating Information
  • Has Heating
  • Natural Gas, Wall Furnace
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, Washer Hookup
Room Information
  • All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom
Interior Features
  • Ceiling Fan(s)
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Shingle
  • 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: 6
  • Has Parking
  • Parking Features: Garage - Single Door, Parking Space
Lot Information
  • Lot Features: 2-5 Units/Acre, Front Yard, Lot 6500-9999
  • Lot Size Source: Public Records
  • Common Interest: Community Apartment
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Total # of Units: 3
  • Parcel Number: 42627113
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
  • Accessibility Features: Doors - Swing In, Parking
  • Property Condition: Turnkey
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, Phone Available, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Assume, Buyer to Verify
Location / Neighborhood
Location Information
  • Subdivision Name: Eastside Central (ECCM)
  • Directions: From Route 55 south; turn left on 19th street; turn left on Orange Avenue; turn right on Costa Mesa Street; location is 1/2 block on the right.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights
View more facts & features

Local Costa Mesa Agent

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Sale History for 241 Costa Mesa St

Last sold for $1,740,000 on June 2nd, 2023
  • June, 2023

  • Jun 2, 2023

    Date

    Sold

    CRMLS: OC22250810

    $1,740,000

    Price

  • Jan 9, 2023

    Date

    Active

    CRMLS: OC22250810

    $1,800,000

    Price

  • December, 1993

  • Dec 7, 1993

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • September, 1993

  • Sep 29, 1993

    Date

    Sold (Public Records)

    Public Records

    $90,500

    Price

Show More

Tax History for 241 Costa Mesa St

Assessed Value (2020): $422,991
Year Land Value Improved Value Assessed Value
2020 $338,393 $84,598 $422,991

Home Value Compared to the Market

This property vs the competition

241 Costa Mesa St sold on June 2, 2023 for 31.39% 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 $833.33 per/sqft which puts the price per square foot 6.43% higher than the current median sale per square foot for the city of Costa Mesa.

About 241 Costa Mesa St

Detailed summary of property

241 Costa Mesa St is a triplex that recently sold in Costa Mesa, CA 92627. This triplex offered 6 bedrooms, 3 bathrooms, roughly 2,160 living square feet, and sits on an approximately 8,712 square foot lot. 241 Costa Mesa St was first listed on ArdentRealEstateGroup.com on January 9, 2023. The homeowner sold the property for $1,740,000. 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 31.39% higher than the current median priced home. Local homes that are currently for sale include 915 W Maple Ave, 2112 S Cindy Pl and 310 E Wakefield Ave. While the average home in Costa Mesa, CA is selling in 29 days, 241 Costa Mesa St has a days on market of 49 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 241 Costa Mesa 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 241 Costa Mesa St

Public county record property details
Beds
--
Baths
--
Year built
1954
Sq. Ft.
2,160
Lot Size
9,100
Stories
2
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
173
APN
426-271-13

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.