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273 Costa Mesa St #A, Costa Mesa, CA 92627
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273 Costa Mesa St #A Costa Mesa, CA 92627

$1,681,875 Sold Price as of 09/22/2021
  • 5 Beds
  • 3 Baths
  • 2,352 Sq.Ft.
Sold
$1,681,875 Sold Price as of 09/22/2021 Refinance Your Mortgage
Map preview of 273 Costa Mesa St #A, Costa Mesa, CA 92627

Property Overview: 273 Costa Mesa St #A Costa Mesa, CA has 5 bedrooms, 3 bathrooms, 2,352 living square feet and 8,276 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present 273 Costa Mesa Street, a 3-unit investment opportunity, located in the heart of the vibrant Eastside Costa Mesa submarket. The property has never before been listed for sale and is being offered by the original builder's family. All three units are single story with a private patio or enclosed yard. The 2-Bedroom/1-Bathroom cottage, located at the back of the property, is detached and could fit nicely as an owner’s unit. The duplex units are ready for your investment to rehab and take rents to a market rate. This is a truly generational opportunity to acquire and add value to a property in one of Orange County's best neighborhoods. The Seller may consider carrying the First Trust Deed financing for a qualified Buyer. Please contact Listing Agents to discuss.

Listed by Nick Gould | BRE #01521955 | Morgan Skenderian
Co-listed by Damien Breaux | BRE #01460301 | Morgan Skenderian
Last checked: 17 minutes ago | Last updated: October 16th, 2023 | Source CRMLS | DOM: 45

Home details

Lot Sq. Ft
8,276
HOA Dues
$0/mo
Year built
1956
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW21124064
City
Costa Mesa
County
Orange
Time on Site
1076 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # 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: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $2,750
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,367
  • Total Rent: $1,367
  • Pro Forma/Market Rent: $2,750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $48,804
  • Net Operating Income: $21,836
  • Gross Operating Income: $47,339
  • Vacancy Allowance: $1,464
Annual Expense Breakdown
  • Total Operating Expense: $25,503
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $18,463
  • Trash: $0
  • Gardener: $600
  • Insurance: $1,300
  • Maintenance: $2,440
  • Water/Sewer: $0
  • Other Expenses: $2,700
  • Other Expense Description: Utility

Property Details for 273 Costa Mesa St #A

Interior Features
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, Gas Dryer Hookup
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 42628105
  • Year Built Source: Public Records
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: OTHER
  • Directions: North of E. 19th Street and East of Orange Ave.
Neighborhood Information
  • Community Features: Gutters, Sidewalks, Storm Drains
View more facts & features

Local Costa Mesa Agent

Sale History for 273 Costa Mesa St #A

Last leased for $4,750 on October 16th, 2023

  • October, 2023

  • Oct 16, 2023

    Date

    Leased

    CRMLS: OC23160578

    $4,750

    Price

  • Aug 28, 2023

    Date

    Active

    CRMLS: OC23160578

    $4,950

    Price

  • Listing provided courtesy of CRMLS

    Renovated from the ground up. This stunning two bedroom, one bath unit features numerous updates: Dutch Door, Vinyl Flooring through out, recessed lighting, as well as heating & air. The efficient layout features a open floor plan which seamlessly blends the kitchen and living room. The Kitchen is beauteous, with white skinny shaker cabinetry, porcelain matte finish counter tops, with white subway tiles, stainless steel appliances (including a range, microwave, dishwasher), and trendy black hardware as well as fixtures. The bedroom is of ample size, with storage, built-in closet cabinets. One of the most notable features of this home are the over sized kitchen island, private patio/yard, and single car garage. 273 Costa Mesa St is one of the three units in this enclave, located just minutes from the beaches and buzzing conveniences of 17th Street.

  • September, 2021

  • Sep 7, 2021

    Date

    Pending

    CRMLS: PW21124064

    $1,600,000

    Price

  • Jul 24, 2021

    Date

    Active Under Contract

    CRMLS: PW21124064

    $1,600,000

    Price

  • Jun 9, 2021

    Date

    Active

    CRMLS: PW21124064

    $1,600,000

    Price

  • November, 2002

  • Nov 12, 2002

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 273 Costa Mesa St #A

Assessed Value (2020): $78,342
Year Land Value Improved Value Assessed Value
2020 $24,930 $53,412 $78,342

Home Value Compared to the Market

This property vs the competition

273 Costa Mesa St #A sold on September 22, 2021 for 16.79% 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 $680.27 per/sqft which puts the price per square foot 13.12% lower than the current median sale per square foot for the city of Costa Mesa.

About 273 Costa Mesa St #A

Detailed summary of property

273 Costa Mesa St #A is a multi family that recently sold in Costa Mesa, CA 92627. This multi family property offered 5 bedrooms, 3 bathrooms, roughly 2,352 living square feet, and sits on an approximately 8,276 square foot lot. 273 Costa Mesa St #A was first listed on ArdentRealEstateGroup.com on June 9, 2021. The homeowner sold the property for $1,681,875. 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 16.79% higher than the current median priced home. Local homes that are currently for sale include 357 Mermaid St, 317 W Guinida Ln and 1210 S Athena Way. While the average home in Costa Mesa, CA is selling in 32 days, 273 Costa Mesa St #A has a days on market of 45 days. There are currently 116 homes for sale in the Costa Mesa real estate market and 92 of them are single family homes while 8 of them are condos and 16 are townhomes. For more information on this home for sale at 273 Costa Mesa St #A 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 273 Costa Mesa St #A

Public county record property details
Beds
2
Baths
1
Year built
1956
Sq. Ft.
783
Lot Size
8,683
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
174
APN
426-281-05

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.
$869
Median Sold Price
$1,500,000
Median Sold Price/Sq.Ft.
$788
Total Inventory
66
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%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 273 Costa Mesa St #A

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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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