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314 Ogle St, Costa Mesa, CA 92627
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314 Ogle St Costa Mesa, CA 92627

$3,975,000 Sold Price as of 02/26/2021
  • 11 Beds
  • 11 Baths
  • 6,862 Sq.Ft.
Sold
$3,975,000 Sold Price as of 02/26/2021 Refinance Your Mortgage
Map preview of 314 Ogle St, Costa Mesa, CA 92627

Property Overview: 314 Ogle St Costa Mesa, CA has 11 bedrooms, 11 bathrooms, 6,862 living square feet and 29,015 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This Diamond in the rough is Back on the Market! This Eastside Costa Mesa 10 unit apartment property includes (1) 2 bed 2 bath apartment and (9) 1 bed 1 bath apartment, Each unit has a living/dining space with a back door at the ktichen area, charming wood beamed ceilings and a private outdoor patio for each apartment. In addition, there are 10 carports and 8 open parking spaces. Also a laundry room and storage area for the tenants. 314 Ogle St borders the coveted neighborhood of Newport Beach, California and it is perfect for the residential real estate developer looking for the next ideal real estate project. 314 Ogle St is zoned an R2 medium density property, situated on a 29,015 square foot lot (.67 Acre), with tremendous future value potential. The location of the property is highly desirable as it is walking distance to Newport Heights Elementary School or a short bike ride to Ensign or Newport Harbor High. It’s close proximity to 17th Street with wonderful shopping and restaurants.

Listed by Dee Shiohama | BRE #01720465 | Berkshire Hathaway HomeService
Co-listed by James Cameron | BRE #01238311 | Berkshire Hathaway Home Svc.
Last checked: 14 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 102

Home details

Lot Sq. Ft
29,015
HOA Dues
$0/mo
Year built
1958
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
NP20210064
City
Costa Mesa
County
Orange
Time on Site
1319 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 10
  • Total # of Buildings: 2
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 9
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $13,504
  • Total Rent: $162,048
  • Pro Forma/Market Rent: $221,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,995
  • Total Rent: $23,940
  • Pro Forma/Market Rent: $28,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $185,988
  • Net Operating Income: $149,997
  • Gross Operating Income: $184,128
Annual Expense Breakdown
  • Total Operating Expense: $44,650
  • Electric: $7,053
  • Gas/Fuel: $2,169
  • New Taxes: $61,875
  • Trash: $2,199
  • Gardener: $1,680
  • Insurance: $6,000
  • Maintenance: $7,482
  • Professional Management: $10,833
  • Water/Sewer: $3,780

Property Details for 314 Ogle St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Common Area
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Vinyl
  • All Bedrooms Down
Kitchen Information
  • Has Appliances
  • Double Oven, Disposal, Gas Range
Interior Features
  • Storage
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Block, Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 18
  • Has Parking
  • Parking Features: Detached Carport
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 10
  • Parcel Number: 42521315
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: N/A
  • Directions: Take 17th Street, Go South on Santa Ana, (Lt) Ogle Street
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Costa Mesa Agent

Sale History for 314 Ogle St

Last sold for $3,975,000 on February 26th, 2021

  • February, 2021

  • Feb 27, 2021

    Date

    Sold

    CRMLS: NP20210064

    $3,975,000

    Price

  • Feb 23, 2021

    Date

    Pending

    CRMLS: NP20210064

    $4,600,000

    Price

  • Jan 20, 2021

    Date

    Active Under Contract

    CRMLS: NP20210064

    $4,600,000

    Price

  • Jan 15, 2021

    Date

    Price Change

    CRMLS: NP20210064

    $4,600,000

    Price

  • Jan 15, 2021

    Date

    Active

    CRMLS: NP20210064

    $4,950,000

    Price

  • Nov 24, 2020

    Date

    Active Under Contract

    CRMLS: NP20210064

    $4,950,000

    Price

  • Nov 14, 2020

    Date

    Active

    CRMLS: NP20210064

    $4,950,000

    Price

  • Nov 3, 2020

    Date

    Active Under Contract

    CRMLS: NP20210064

    $4,950,000

    Price

  • Oct 8, 2020

    Date

    Active

    CRMLS: NP20210064

    $4,950,000

    Price

  • May, 1983

  • May 9, 1983

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 314 Ogle St

Assessed Value (2020): $250,988
Year Land Value Improved Value Assessed Value
2020 $105,415 $145,573 $250,988

Home Value Compared to the Market

This property vs the competition

314 Ogle St sold on February 26, 2021 for 235.77% 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 $670.36 per/sqft which puts the price per square foot 14.39% lower than the current median sale per square foot for the city of Costa Mesa.

About 314 Ogle St

Detailed summary of property

314 Ogle St is a multi family that recently sold in Costa Mesa, CA 92627. This multi family property offered 11 bedrooms, 11 bathrooms, roughly 6,862 living square feet, and sits on an approximately 29,015 square foot lot. 314 Ogle St was first listed on ArdentRealEstateGroup.com on October 8, 2020. The homeowner sold the property for $3,975,000. 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 235.77% higher than the current median priced home. Local homes that are currently for sale include 603 E Balboa Blvd, 210 Grant St and 210 Grant St. While the average home in Costa Mesa, CA is selling in 32 days, 314 Ogle St has a days on market of 102 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 314 Ogle St 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 314 Ogle St

Public county record property details
Beds
--
Baths
--
Year built
1958
Sq. Ft.
6,862
Lot Size
27,203
Stories
2
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
75
APN
425-213-15

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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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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