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3009 Coolidge Ave, Costa Mesa, CA 92626
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3009 Coolidge Ave Costa Mesa, CA 92626

$1,000,000 Sold Price as of 10/18/2019
  • 6 Beds
  • 5 Baths
  • 3,698 Sq.Ft.
Sold
$1,000,000 Sold Price as of 10/18/2019 Refinance Your Mortgage
Map preview of 3009 Coolidge Ave, Costa Mesa, CA 92626

Property Overview: 3009 Coolidge Ave Costa Mesa, CA has 6 bedrooms, 5 bathrooms, 3,698 living square feet and 6,469 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great location 3/4 mile SW of South Coast Plaza. Located 1/2 mile from Orange Coast College and less than 2 miles from John Wayne Airport. The property consists of a single building with a 1-story, 2 BR/1 BA unit in the front and two 2 BR/1.5 BA two-story townhouse-style units in the rear. Very spacious units approx. 1,063 sf, each with attached patio. The building was constructed in 1962. Each unit has an individual garage space and there are 2 additional uncovered parking spaces. Parking is accessed through a rear alley. Vinyl and plank flooring. There is an extremely strong demand for rentals in this area. There is significant upside in the current rent rates. The 2 BR/1 BA rents for $1,610 and 2 BR/1.5 BA unit rents for $1,675, on the same street are currently rented at rates as high as $1,700 and $1,850/month, respectively. Current income specified below is actual. Current expenses are estimated. Projected Scheduled Gross Income and Net Operating Expenses with renovated units at market rental rates are $59,520 and $31,208 respectively. Projected Gross Rent Multiplier is 19.2. Selling as is.

Listed by Lyn Janota | BRE #01944862 | William Kennedy And Associates
Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 35

Home details

Lot Sq. Ft
6,469
HOA Dues
$0/mo
Year built
1962
Garage
3 Car
Property Type:
Triplex
Status
Sold
MLS#
NP19170834
City
Costa Mesa
County
Orange
Time on Site
1383 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # 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: $1,610
  • Total Rent: $19,320
  • Pro Forma/Market Rent: $19,320
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,675
  • Total Rent: $20,100
  • Pro Forma/Market Rent: $20,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,565
  • Total Rent: $18,780
  • Pro Forma/Market Rent: $18,780
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $59,520
  • Net Operating Income: $28,312
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $31,208
  • New Taxes: $0
  • Trash: $1,109
  • Gardener: $1,150
  • Insurance: $1,043
  • Water/Sewer: $1,328

Property Details for 3009 Coolidge Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace, Natural Gas
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Inside, Washer Hookup
Room Information
  • Flooring: See Remarks, Vinyl
Kitchen Information
  • Has Appliances
  • Free-Standing Range, Disposal, Gas Range, Vented Exhaust Fan, Water Heater
Interior Features
  • Formica Counters, Unfurnished
  • Levels: Two
  • Window Features: Screens
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Wood
  • 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
  • Has Parking
  • Parking Features: Garage, Garage Faces Rear, Garage - Three Door, Off Street, On Site, Parking Space, Private
Lot Information
  • Lot Features: 21-25 Units/Acre, Back Yard, Front Yard, Rectangular Lot, Park Nearby, Utilities - Overhead
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Total # of Units: 3
  • Parcel Number: 14114157
  • Year Built Source: Public Records
  • Entry Level: 1
  • Foundation Details: Slab
  • 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: Mesa North - President Streets (PRMN)
  • Directions: Driving E on Baker St., turn N on Coolidge Ave.
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Maintained, Paved
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks
View more facts & features

Local Costa Mesa Agent

Sale History for 3009 Coolidge Ave

Last leased for $2,088 on April 21st, 2021

  • April, 2021

  • Apr 23, 2021

    Date

    Leased

    CRMLS: AR21056305

    $2,088

    Price

  • Apr 7, 2021

    Date

    Price Change

    CRMLS: AR21056305

    $2,088

    Price

  • Mar 18, 2021

    Date

    Active

    CRMLS: AR21056305

    $2,250

    Price

  • Listing provided courtesy of CRMLS

    Well maintained 2-story unit townhouse-style in a great location. Very spacious unit 2 BR/1 BA, approx. 1,063 sf, with attached patio. The unit has an individual garage space and there are 2 additional uncovered parking spaces. Parking is accessed through a rear alley. Great location 3/4 mile SW of South Coast Plaza. Located 1/2 mile from Orange Coast College and less than 2 miles from John Wayne Airport.

  • March, 2021

  • Mar 18, 2021

    Date

    Leased

    CRMLS: AR21042688

    $2,250

    Price

  • Mar 2, 2021

    Date

    Active

    CRMLS: AR21042688

    $2,250

    Price

  • Listing provided courtesy of CRMLS

    Well maintained 2-story unit townhouse-style in a great location. Very spacious unit 2 BR/1 BA, approx. 1,063 sf, with attached patio. The unit has an individual garage space and there are 2 additional uncovered parking spaces. Parking is accessed through a rear alley. Great location 3/4 mile SW of South Coast Plaza. Located 1/2 mile from Orange Coast College and less than 2 miles from John Wayne Airport.

  • May, 2020

  • May 25, 2020

    Date

    Leased

    CRMLS: AR20086885

    $2,088

    Price

  • May 9, 2020

    Date

    Price Change

    CRMLS: AR20086885

    $2,088

    Price

  • May 7, 2020

    Date

    Active

    CRMLS: AR20086885

    $2,200

    Price

  • Listing provided courtesy of CRMLS

    Well maintained 2-story unit townhouse-style in a great location. Very spacious unit 2 BR/1 BA, approx. 1,063 sf, with attached patio. The unit has an individual garage space and there are 2 additional uncovered parking spaces. Parking is accessed through a rear alley. Great location 3/4 mile SW of South Coast Plaza. Located 1/2 mile from Orange Coast College and less than 2 miles from John Wayne Airport.

  • November, 2019

  • Nov 6, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,020,000

    Price

  • October, 2019

  • Oct 18, 2019

    Date

    Sold

    CRMLS: NP19170834

    $1,000,000

    Price

  • Sep 18, 2019

    Date

    Pending

    CRMLS: NP19170834

    $1,180,000

    Price

  • Aug 5, 2019

    Date

    Active

    CRMLS: NP19170834

    $1,180,000

    Price

  • October, 2019

  • Oct 18, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,000,000

    Price

Show More

Tax History for 3009 Coolidge Ave

Assessed Value (2020): $325,489
Year Land Value Improved Value Assessed Value
2020 $198,548 $126,941 $325,489

Home Value Compared to the Market

This property vs the competition

3009 Coolidge Ave sold on October 18, 2019 for 13.87% lower 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 $319.09 per/sqft which puts the price per square foot 59.25% lower than the current median sale per square foot for the city of Costa Mesa.

About 3009 Coolidge Ave

Detailed summary of property

3009 Coolidge Ave is a triplex that recently sold in Costa Mesa, CA 92626. This triplex offered 6 bedrooms, 5 bathrooms, roughly 3,698 living square feet, and sits on an approximately 6,469 square foot lot. 3009 Coolidge Ave was first listed on ArdentRealEstateGroup.com on July 20, 2020. The homeowner sold the property for $1,000,000. 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 13.87% lower than the current median priced home. Local homes that are currently for sale include 1746 E Florida St, 1731 E 3rd St and 12044 Sycamore St. While the average home in Costa Mesa, CA is selling in 29 days, 3009 Coolidge Ave has a days on market of 35 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 3009 Coolidge 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 3009 Coolidge Ave

Public county record property details
Beds
--
Baths
--
Year built
1962
Sq. Ft.
3,192
Lot Size
6,469
Stories
2
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
44
APN
141-141-57

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
$1,399,000
Median List Price/Sq.Ft.
$751
Median Sold Price
$1,337,000
Median Sold Price/Sq.Ft.
$757
Total Inventory
47
Median Sale to List Price %
99.04%
Avg Days on Market
26
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (25%), Other (25%)

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Recently Sold Homes Near 3009 Coolidge Ave

3001 Coolidge, Costa Mesa, CA 92626
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$1,289,000 Last Sold Price
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3029 Coolidge Ave
Costa Mesa, CA 92626
3036 Coolidge Ave, Costa Mesa, CA 92626
$1,350,000 Last Sold Price
6 Beds
4 Baths
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3036 Coolidge Ave
Costa Mesa, CA 92626
3038 Coolidge Ave, Costa Mesa, CA 92626
$1,250,000 Last Sold Price
6 Beds
4 Baths
3166 Sq.Ft.
3038 Coolidge Ave
Costa Mesa, CA 92626

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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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