Search
2884 La Salle Ave, Costa Mesa, CA 92626
Image 2 for 2884 La Salle Ave, Costa Mesa, CA 92626
Image 3 for 2884 La Salle Ave, Costa Mesa, CA 92626
View Photos

2884 La Salle Ave Costa Mesa, CA 92626

$2,575,000
  • 8 Beds
  • 7.5 Baths
  • 5,057 Sq.Ft.
For Sale
$2,575,000 Get Pre-Qualified
Map preview of 2884 La Salle Ave, Costa Mesa, CA 92626

Property Overview: 2884 La Salle Ave Costa Mesa, CA has 8 bedrooms, 7.5 bathrooms, 5,057 living square feet and 12,197 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: Welcome to 2884 La Salle Ave in Mesa Del Mar, Costa Mesa, where opportunity meets convenience in this rare 5-unit apartment community nestled in the heart of Mesa Del Mar with easy freeway access and near South Coast Plaza. Boasting a massive parcel for this submarket, this property offers ample space, a fantastic unit mix, and lots of potential for any investors. The 5th unit, constructed in the 1990s has a distinctive setup: a 2Bedroom/1.5 Bathroom upstairs and five single-car garages below, providing both convenience and additional rental income of $1,100 per month for those garages. Parking is never an issue with a total of 11 garages and additional off-street spaces available, ensuring residents and guests alike always have a place to park. Positioned on a coveted corner lot, the community enjoys added privacy and accessibility, enhancing its desirability. Plus, its prime location backing up to an elementary school adds to the appeal, making it an ideal choice for families or individuals seeking a convenient living arrangement. Don't miss out on the opportunity to own a piece of Mesa Del Mar.

Listed by Nick Gould | BRE #01521955 | Gould Group Inc
Last checked: 9 minutes ago | Last updated: September 20th, 2024 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
12,197
HOA Dues
$0/mo
Year built
1964
Garage
11 Car
Property Type:
Apartment
Status
Active
MLS#
NP24195455
City
Costa Mesa
County
Orange
Time on Site
6 hours
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 2
  • # of Electric Meters: 6
  • # of Gas Meters: 6
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,600
  • Total Rent: $3,600
  • Pro Forma/Market Rent: $3,750
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,800
  • Total Rent: $2,800
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,965
  • Total Rent: $1,965
  • Pro Forma/Market Rent: $2,695
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,995
  • Total Rent: $1,995
  • Pro Forma/Market Rent: $2,050
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,597
  • Total Rent: $2,597
  • Pro Forma/Market Rent: $3,325
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $169,140
  • Net Operating Income: $115,497
  • Gross Operating Income: $164,048
  • Vacancy Allowance: $5,092
  • # of Rented Garages: 5
  • Garage Rental Income: $1,100
Annual Expense Breakdown
  • Total Operating Expense: $48,551
  • Electric: $1,344
  • Gas/Fuel: $1,000
  • New Taxes: $26,994
  • Trash: $2,500
  • Gardener: $1,500
  • Insurance: $2,500
  • Maintenance: $8,487
  • Professional Management: $0
  • Water/Sewer: $1,500

Open Houses for 2884 La Salle Ave

No upcoming open houses

Schedule Tour

Property Details for 2884 La Salle Ave

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 11
  • # of Parking Spaces: 15
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 5
  • Parcel Number: 14166220
  • Year Built Source: Assessor
  • Entry Level: 2
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Mesa Del Mar
  • Directions: Located in Mesa Del Mar off of Baker and Fairview.
Neighborhood Information
  • Community Features: Biking, Curbs, Park, Sidewalks, Storm Drains, Street Lights
View more facts & features

Local Costa Mesa Agent

Sale History for 2884 La Salle Ave

Last sold on January 27th, 1999

  • September, 2024

  • Sep 19, 2024

    Date

    Active

    CRMLS: NP24195455

    $2,575,000

    Price

  • September, 2024

  • Sep 18, 2024

    Date

    Canceled

    CRMLS: NP24037173

    $2,895,000

    Price

  • Feb 22, 2024

    Date

    Active

    CRMLS: NP24037173

    $2,895,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to 2884 La Salle Ave in Mesa Del Mar, Costa Mesa, where opportunity meets convenience in this rare 5-unit apartment community nestled in the heart of the city. Situated on a massive lot, this property offers ample space and potential for investors. The standout 5th unit, constructed in the 1990s has a distinctive setup: five single-car garages below, providing both convenience and additional rental income of $1,100 per month. Parking is never an issue with a total of 11 garages and additional off-street spaces are available, ensuring residents and guests alike always have a place to park. Positioned on a coveted corner lot, the community enjoys added privacy and accessibility, enhancing its desirability. Plus, its prime location backing up to an elementary school adds to the appeal, making it an ideal choice for families or individuals seeking a convenient living arrangement. Don't miss out on the opportunity to own a piece of Mesa Del Mar.

  • January, 1999

  • Jan 27, 1999

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • January, 1997

  • Jan 2, 1997

    Date

    Sold (Public Records)

    Public Records

    $116,500

    Price

Show More

Tax History for 2884 La Salle Ave

Assessed Value (2020): $616,638
Year Land Value Improved Value Assessed Value
2020 $277,487 $339,151 $616,638

Home Value Compared to the Market

This property vs the competition

2884 La Salle Ave is listed 71.78% higher than the median list price for the city of Costa Mesa which has a median list price of $1,499,000. The median price per/sqft for Costa Mesa is $794 and this home is listed at $509.2 per/sqft which puts the price per square foot 35.87% lower than the median price per square foot for the city of Costa Mesa.

About 2884 La Salle Ave

Detailed summary of property

2884 La Salle Ave is a apartment located in Costa Mesa, CA 92626 and is currently for sale. This apartment offers 8 bedrooms, 7.5 bathrooms, roughly 5,057 living square feet, and sits on an approximately 12,197 square foot lot. 2884 La Salle Ave was first listed on ArdentRealEstateGroup.com on September 19, 2024. The homeowner is currently asking $2,575,000. The median priced home in Costa Mesa is $1,499,000 with a median price per square foot of $794. Based on Ardent Real Estate Group's Costa Mesa Market Data, this home is listed 71.78% higher than the median priced home. Local competing homes currently for sale include 7711 Ellis ave, 13052 Rockinghorse Rd and 206 Chicago Ave. There are currently 148 homes for sale in the Costa Mesa real estate market and 110 of them are single family homes while 21 of them are condos and 17 are townhomes. For more information on this home for sale at 2884 La Salle Ave Costa Mesa, CA 92626 contact Ardent Real Estate Group and we will put you in touch with one of our Costa Mesa agents.

Public Facts for 2884 La Salle Ave

Public county record property details
Beds
--
Baths
--
Year built
1964
Sq. Ft.
4,062
Lot Size
11,757
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
10
APN
141-662-20

The source for these homes facts are from public records.

92626 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,599,000
Median List Price/Sq.Ft.
$778
Median Sold Price
$1,300,000
Median Sold Price/Sq.Ft.
$786
Total Inventory
63
Median Sale to List Price %
93.86%
Avg Days on Market
16
Loan Type
Conventional (35.71%), FHA (0%), VA (0%), Cash (32.14%), Other (32.14%)

Tour This Home

Image Description
Contact Jon
Costa Mesa Agent
Call, Text or Message
(714) 706-1823

Homes for Sale Near 2884 La Salle Ave

Nearby Homes for Sale

222 Costa Mesa St, Costa Mesa, CA 92627
$2,249,000
5 Beds
3 Baths
2941 Sq.Ft.
222 Costa Mesa St
Costa Mesa, CA 92627
1925 Wallace Ave, Costa Mesa, CA 92627
$2,850,000
20 Beds
13 Baths
3788 Sq.Ft.
1925 Wallace Ave
Costa Mesa, CA 92627
210 41st St, Newport Beach, CA 92663
$2,595,000
5 Beds
5 Baths
2691 Sq.Ft.
210 41st St
Newport Beach, CA 92663
208 41st St, Newport Beach, CA 92663
$2,595,000
5 Beds
5 Baths
2691 Sq.Ft.
208 41st St
Newport Beach, CA 92663
5204 Neptune Ave, Newport Beach, CA 92663
$3,000,000
5 Beds
3 Baths
2660 Sq.Ft.
5204 Neptune Ave
Newport Beach, CA 92663
12621 Morningside Ave, Garden Grove, CA 92843
$2,599,000
12 Beds
8 Baths
5337 Sq.Ft.
12621 Morningside Ave
Garden Grove, CA 92843
711 Williams Dr, Huntington Beach, CA 92648
$2,100,000
8 Beds
5 Baths
3500 Sq.Ft.
711 Williams Dr
Huntington Beach, CA 92648
7721 Ellis Ave, Huntington Beach, CA 92648
$2,375,000
9 Beds
6 Baths
4069 Sq.Ft.
7721 Ellis Ave
Huntington Beach, CA 92648

Recently Sold Homes Near 2884 La Salle Ave

969 Mission Dr, Costa Mesa, CA 92626
$1,350,000 Last Sold Price
6 Beds
7 Baths
4072 Sq.Ft.
969 Mission Dr
Costa Mesa, CA 92626
968 Mission Dr, Costa Mesa, CA 92626
$1,415,000 Last Sold Price
6 Beds
7 Baths
4062 Sq.Ft.
968 Mission Dr
Costa Mesa, CA 92626
985 Valencia St, Costa Mesa, CA 92626
$1,936,000 Last Sold Price
6 Beds
6 Baths
4062 Sq.Ft.
985 Valencia St
Costa Mesa, CA 92626
984 El Camino Dr, Costa Mesa, CA 92626
$1,800,000 Last Sold Price
8 Beds
4 Baths
4062 Sq.Ft.
984 El Camino Dr
Costa Mesa, CA 92626

Related Resources to 2884 La Salle Ave

New Listings in 92626
Popular Zip Codes
Popular Cities
Other Costa Mesa Resources

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.

Call