282 E 16Th St #A, Costa Mesa, CA 92627
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282 E 16Th St #A Costa Mesa, CA 92627

$2,250,000
  • 4 Beds
  • 2 Baths
  • 2,000 Sq.Ft.
For Sale
$2,250,000 Get Pre-Qualified

Map preview of 282 E 16Th St #A, Costa Mesa, CA 92627

Property Overview: 282 E 16Th St #A Costa Mesa, CA has 4 bedrooms, 2 bathrooms, 2,000 living square feet and 6,782 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 282 E. 16th St. (duplex) to be sold together with 280 E. 16th St. (4plex). WILL NOT BE SOLD SEPARATELY. Both properties well maintained, great rental history. Both units in duplex are month to month. 2 bedrooms, 1 bath, 2 single car garages. One garage per unit. Property shows excellent pride of ownership. Great opportunity for upside in rents or develop both properties. All units are in good condition with some recent upgrades. Eastside is one of the most sought after locations in Costa Mesa and Newport Beach. Close to beach, shopping, parks, schools, and freeway access. Come live the good life; live in one, rent the rest.

Listed by Jeffrey Newman | BRE #01164496 | Newman Properties, Inc
Last checked: 10 minutes ago | Last updated: March 14th, 2024 | Source CRMLS | DOM: 39
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Home details

Lot Sq. Ft
6,782
HOA Dues
$0/mo
Year built
1963
Garage
2 Car
Property Type:
Duplex
Status
Active
MLS#
NP24002081
City
Costa Mesa
County
Orange
Time on Site
50 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Actual Rent: $1,500
  • Total Rent: $3,000
  • Pro Forma/Market Rent: $5,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $36,000
  • Net Operating Income: $33,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $3,000
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $600
  • Insurance: $1,200
  • Water/Sewer: $1,200

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Property Details for 282 E 16Th St #A

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Fireplace(s), Natural Gas
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, Gas Dryer Hookup, Individual Room, Inside
Fireplace Information
  • Has Fireplace
  • Living Room, Gas, Wood Burning, Raised Hearth
Room Information
  • Flooring: Carpet, Laminate, Tile
  • All Bedrooms Down, Kitchen, Laundry, Living Room
Kitchen Information
  • Has Appliances
  • Built-In Range, Electric Oven, Freezer, Gas Cooktop, Gas Water Heater
Interior Features
  • Ceiling Fan(s), Formica Counters, Pantry, Storage, Track Lighting, Wired for Data
  • Levels: One
  • Window Features: Blinds, Drapes, Screens
  • Door Features: Sliding Doors
Exterior Features
Exterior Information
  • Roof: Composition
  • Awning(s), Lighting, Rain Gutters
  • Has Fence
  • Good Condition, Privacy
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre, Back Yard, Garden, Landscaped, Park Nearby, Sprinkler System, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 42522112
  • Year Built Source: Public Records
  • Architectural Style: Mid Century Modern
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is not Attached
  • Accessibility Features: Parking
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Not Available, Sewer Available, Sewer Connected, Water Available, Water Connected
Location / Neighborhood
Location Information
  • Directions: Newport Blvd to 16th St., East to address
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Paved
Neighborhood Information
  • Community Features: Biking, Curbs, Dog Park, Golf, Gutters, Park, Sidewalks, Street Lights, Suburban
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Sale History for 282 E 16Th St #A

View property's historical transactions
  • March, 2024

  • Mar 8, 2024

    Date

    Active

    CRMLS: NP24002081

    $2,250,000

    Price

Tax History for 282 E 16Th St #A

Assessed Value (2020): $84,385
Year Land Value Improved Value Assessed Value
2020 $30,559 $53,826 $84,385

Home Value Compared to the Market

This property vs the competition

282 E 16Th St #A is listed 61.99% higher than the median list price for the city of Costa Mesa which has a median list price of $1,389,000. The median price per/sqft for Costa Mesa is $811 and this home is listed at $1125 per/sqft which puts the price per square foot 38.72% higher than the median price per square foot for the city of Costa Mesa.

About 282 E 16Th St #A

Detailed summary of property

282 E 16Th St #A is a duplex located in Costa Mesa, CA 92627 and is currently for sale. This duplex offers 4 bedrooms, 2 bathrooms, roughly 2,000 living square feet, and sits on an approximately 6,782 square foot lot. 282 E 16Th St #A was first listed on ArdentRealEstateGroup.com on March 7, 2024. The homeowner is currently asking $2,250,000. The median priced home in Costa Mesa is $1,389,000 with a median price per square foot of $811. Based on Ardent Real Estate Group's Costa Mesa Market Data, this home is listed 61.99% higher than the median priced home. Local competing homes currently for sale include 734 Center St, 353 Hamilton St and 210 41st St. While the average home in Costa Mesa, CA is selling in 28 days, 282 E 16Th St #A has a days on market of 39 days. 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 282 E 16Th 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 282 E 16Th St #A

Public county record property details
Beds
2
Baths
1
Year built
1963
Sq. Ft.
1,000
Lot Size
6,783
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
9
APN
425-221-12

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%)

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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.