268 Cabrillo St, Costa Mesa, CA 92627
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268 Cabrillo St Costa Mesa, CA 92627

$2,000,000 Sold Price as of 07/23/2021
  • 6 Beds
  • 6 Baths
  • 3,220 Sq.Ft.
Sold
$2,000,000 Sold Price as of 07/23/2021 Refinance Your Mortgage

Map preview of 268 Cabrillo St, Costa Mesa, CA 92627

Property Overview: 268 Cabrillo St Costa Mesa, CA has 6 bedrooms, 6 bathrooms, 3,220 living square feet and 6,970 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Partially updated East Side Costa Mesa Triplex in a prime location right off 17th street, blocks away from the city’s top eateries and shopping centers with easy access to Newport Boulevard and the 55 freeway and minutes to the beach. This is a fantastic, stable investment opportunity, fully occupied with long-term tenants. These three, two-story units are 2 bedroom/1.5 bath and each have a main level entrance and a private, fenced off backyard. This building has undergone full renovation in one unit and a partial in another. 3-car garage, 2-car exterior parking, and plenty of street parking.

Listed by Kent Martin | BRE #01873148 | Coldwell Banker Realty
Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 3

Home details

Lot Sq. Ft
6,970
HOA Dues
$0/mo
Year built
1958
Garage
3 Car
Property Type:
Triplex
Status
Sold
MLS#
NP21132276
City
Costa Mesa
County
Orange
Time on Site
1050 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,550
  • Total Rent: $2,550
  • Pro Forma/Market Rent: $2,550
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,250
  • Total Rent: $2,250
  • Pro Forma/Market Rent: $2,250
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $87,600
  • Net Operating Income: $87,600
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $4,010
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $900
  • Insurance: $2,000
  • Water/Sewer: $1,020

Property Details for 268 Cabrillo St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • See Remarks
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • 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: 5
Lot Information
  • Lot Features: Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls, No One Above
  • Total # of Units: 3
  • Parcel Number: 42546204
  • Year Built Source: Estimated
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: None
  • Directions: Right Behind 17th St
Neighborhood Information
  • Community Features: Storm Drains, Suburban
View more facts & features

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Sale History for 268 Cabrillo St

Last sold for $2,000,000 on July 23rd, 2021
  • July, 2021

  • Jul 23, 2021

    Date

    Sold

    CRMLS: NP21132276

    $2,000,000

    Price

  • Jul 8, 2021

    Date

    Pending

    CRMLS: NP21132276

    $1,999,000

    Price

  • Jun 22, 2021

    Date

    Active Under Contract

    CRMLS: NP21132276

    $1,999,000

    Price

  • Jun 18, 2021

    Date

    Active

    CRMLS: NP21132276

    $1,999,000

    Price

  • Jun 18, 2021

    Date

    Coming Soon

    CRMLS: NP21132276

    $1,999,000

    Price

  • May, 2012

  • May 30, 2012

    Date

    Sold (Public Records)

    Public Records

    $1,028,000

    Price

  • April, 2005

  • Apr 22, 2005

    Date

    Sold (Public Records)

    Public Records

    $965,000

    Price

Show More

Tax History for 268 Cabrillo St

Assessed Value (2020): $1,153,009
Year Land Value Improved Value Assessed Value
2020 $864,757 $288,252 $1,153,009

Home Value Compared to the Market

This property vs the competition

268 Cabrillo St sold on July 23, 2021 for 45.91% 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 $620.81 per/sqft which puts the price per square foot 20.71% lower than the current median sale per square foot for the city of Costa Mesa.

About 268 Cabrillo St

Detailed summary of property

268 Cabrillo St is a triplex that recently sold in Costa Mesa, CA 92627. This triplex offered 6 bedrooms, 6 bathrooms, roughly 3,220 living square feet, and sits on an approximately 6,970 square foot lot. 268 Cabrillo St was first listed on ArdentRealEstateGroup.com on June 18, 2021. The homeowner sold the property for $2,000,000. 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 45.91% higher than the current median priced home. Local homes that are currently for sale include 1214 California St, 728 Clay Ave and 16426 San Jacinto Street. While the average home in Costa Mesa, CA is selling in 29 days, 268 Cabrillo St has a days on market of 3 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 268 Cabrillo 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 268 Cabrillo St

Public county record property details
Beds
--
Baths
--
Year built
1958
Sq. Ft.
3,268
Lot Size
6,514
Stories
--
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Orange
Lot#
4
APN
425-462-04

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.