3029 Coolidge Ave, Costa Mesa, CA 92626
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3029 Coolidge Ave Costa Mesa, CA 92626

$1,289,000 Sold Price as of 03/14/2023
  • 6 Beds
  • 4 Baths
  • 3,191 Sq.Ft.
Sold
$1,289,000 Sold Price as of 03/14/2023 Refinance Your Mortgage

Map preview of 3029 Coolidge Ave, Costa Mesa, CA 92626

Property Overview: 3029 Coolidge Ave Costa Mesa, CA has 6 bedrooms, 4 bathrooms, 3,191 living square feet and 5,998 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This is an amazing opportunity to own 3 units in a great location. The triplex is located 3/4 mile from South Coast Plaza, 2 miles from John Wayne airport, close to Orange Coast College and the 405, 73 and 55 freeways. Very spacious units consists of a front single story 2 bedroom and 1 bath unit and two townhouse style 2 story units in the rear with 2 bedrooms and 1.5 baths. There is a 3-car garage at the back of the property. All 3 units have their own patio area and indoor laundry space. Exterior has been newly painted. Almost never a vacancy, with long term tenants. There is plenty of room for upsizing the rents at this location. Please drive by only, do not walk the property or contact any tenants. Interior inspection with accepted offer. Selling "As Is".

Listed by Lyn Janota | BRE #01944862 | William Kennedy And Associates
Last checked: 5 minutes ago | Last updated: March 16th, 2023 | Source CRMLS | DOM: 78

Home details

Lot Sq. Ft
5,998
HOA Dues
$0/mo
Year built
1962
Garage
3 Car
Property Type:
Triplex
Status
Sold
MLS#
NP22207481
City
Costa Mesa
County
Orange
Time on Site
526 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: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,879
  • Total Rent: $22,548
  • Pro Forma/Market Rent: $22,548
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,792
  • Total Rent: $21,504
  • Pro Forma/Market Rent: $21,504
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,836
  • Total Rent: $22,032
  • Pro Forma/Market Rent: $22,032
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $66,084
  • Net Operating Income: $55,570
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $10,514
  • Licenses: $49
  • Trash: $1,536
  • Gardener: $975
  • Insurance: $1,328
  • Professional Management: $4,626
  • Water/Sewer: $2,000

Property Details for 3029 Coolidge Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: Two
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: 4
Lot Information
  • Lot Features: Lawn
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 14114151
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Mesa North (MENO)
  • Directions: Driving E on Baker St., Turn North on Coolidge, Left had side of the street
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 3029 Coolidge Ave

Last sold for $1,289,000 on March 14th, 2023
  • March, 2023

  • Mar 14, 2023

    Date

    Sold

    CRMLS: NP22207481

    $1,289,000

    Price

  • Nov 15, 2022

    Date

    Active

    CRMLS: NP22207481

    $1,425,000

    Price

  • April, 2003

  • Apr 30, 2003

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 3029 Coolidge Ave

Assessed Value (2020): $328,566
Year Land Value Improved Value Assessed Value
2020 $193,854 $134,712 $328,566

Home Value Compared to the Market

This property vs the competition

3029 Coolidge Ave sold on March 14, 2023 for 1.7% higher than the current median sold price for the city of Costa Mesa which is $1,352,000. The median sold price per/sqft for Costa Mesa is $794 and this home is sold at $430.9 per/sqft which puts the price per square foot 45.73% lower than the current median sale per square foot for the city of Costa Mesa.

About 3029 Coolidge Ave

Detailed summary of property

3029 Coolidge Ave is a triplex that recently sold in Costa Mesa, CA 92626. This triplex offered 6 bedrooms, 4 bathrooms, roughly 3,191 living square feet, and sits on an approximately 5,998 square foot lot. 3029 Coolidge Ave was first listed on ArdentRealEstateGroup.com on November 15, 2022. The homeowner sold the property for $1,289,000. Home in Costa Mesa are selling for a median price of $1,352,000 and a median price per square foot of $794. Based on Ardent Real Estate Group's Costa Mesa Market Data, this home is sold 1.7% higher than the current median priced home. Local homes that are currently for sale include 403 N N Harbor Blvd, 1818 W Glenoaks Ave and 1600 Picadilly Way. While the average home in Costa Mesa, CA is selling in 30 days, 3029 Coolidge Ave has a days on market of 78 days. There are currently 102 homes for sale in the Costa Mesa real estate market and 73 of them are single family homes while 15 of them are condos and 14 are townhomes. For more information on this home for sale at 3029 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 3029 Coolidge Ave

Public county record property details
Beds
--
Baths
--
Year built
1962
Sq. Ft.
3,191
Lot Size
5,876
Stories
2
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
38
APN
141-141-51

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
$1,350,000
Median List Price/Sq.Ft.
$751
Median Sold Price
$1,352,000
Median Sold Price/Sq.Ft.
$714
Total Inventory
52
Median Sale to List Price %
104.08%
Avg Days on Market
14
Loan Type
Conventional (36.36%), FHA (0%), VA (0%), Cash (40.91%), Other (22.73%)

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Related Resources to 3029 Coolidge Ave

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.