711 W Wilson St, Costa Mesa, CA 92627
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711 W Wilson St Costa Mesa, CA 92627

$1,710,000 Sold Price as of 10/08/2021
  • 8 Beds
  • 6 Baths
  • 3,500 Sq.Ft.
Sold
$1,710,000 Sold Price as of 10/08/2021 Refinance Your Mortgage

Map preview of 711 W Wilson St, Costa Mesa, CA 92627

Property Overview: 711 W Wilson St Costa Mesa, CA has 8 bedrooms, 6 bathrooms, 3,500 living square feet and 11,761 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: West Side Costa Mesa investment or redevelopment opportunity - 2 upgraded and updated single family detached homes on one lot. Both units are approximately 1750 sq. ft., both have 4 beds 3 full baths on an R2 medium density 11,700 sq. ft. lot. Front unit has been repainted, newer stainless steel appliances with granite counters in kitchen, baths are good condition with tiled and wood flooring, dual paned windows, and a 3 car attached garage. Rear unit was completely updated and upgraded with new laminate wood floors, all new remodeled bathrooms, new neutral paint, dual paned windows, and 3 reserved parking spaces. Long driveway for plenty of parking. Upgraded 100 Amp electric meter, copper plumbing in both homes. 2 separate addresses & all separate utility meters including 2 water meters. Great location & close to beach/ocean, Costa Mesa Country Club, medical facilities, schools, local eateries, and parks. Easy access to 55, 73, & 405 freeways. Zoned R2 Medium Density with potential to build 3rd unit or redevelopment, please check with City of Costa mesa. Current tenant is on a month to month paying $8800 per month for both homes, current cap rate is 4.67%

Listed by Tony Morrison | BRE #01346460 | Lantern Bay Realty
Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 23

Home details

Lot Sq. Ft
11,761
HOA Dues
$0/mo
Year built
1956
Garage
3 Car
Property Type:
Single Family Home
Status
Sold
MLS#
OC21133132
City
Costa Mesa
County
Orange
Time on Site
1188 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: 4
  • # of Baths: 3
  • Garage Spaces: 3
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $8,800
  • Total Rent: $8,800
  • Pro Forma/Market Rent: $10,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.68%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $105,600
  • Net Operating Income: $84,144
  • Gross Operating Income: $105,600
  • Vacancy Allowance: $0
Annual Expense Breakdown
  • Total Operating Expense: $21,449
  • Electric: $0
  • Gas/Fuel: $0
  • Licenses: $0
  • New Taxes: $19,789
  • Trash: $0
  • Gardener: $960
  • Insurance: $700
  • Maintenance: $0
  • Workman's Comp: $0
  • Professional Management: $0
  • Water/Sewer: $0

Property Details for 711 W Wilson St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central, Wall Furnace, Forced Air, Natural Gas
Laundry Information
  • Has Laundry
  • In Garage, In Kitchen, Inside
Room Information
  • Flooring: Laminate, Tile, Wood
  • All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Two Masters
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater
Interior Features
  • Ceiling Fan(s), Granite Counters, Open Floorplan, Recessed Lighting, Stone Counters
  • Levels: One
  • Window Features: Double Pane Windows
Exterior Features
Exterior Information
  • 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: 6
  • Has Parking
  • Parking Features: Assigned, Asphalt, Shared Driveway, Uncovered
Lot Information
  • Lot Features: Back Yard, Level with Street, Lot 10000-19999 Sqft, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Mountain(s), Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 42217504
  • Year Built Source: Assessor
  • Architectural Style: Ranch
  • Property is not Attached
  • Property Condition: Additions/Alterations, Turnkey, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Other
  • Directions: 55 South, exit Victoria, right on Victoria, left on Harbor, left on W. Wilson.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Golf, Sidewalks, Storm Drains, Street Lights, Suburban
View more facts & features

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Sale History for 711 W Wilson St

Last sold for $1,710,000 on October 8th, 2021
  • August, 2021

  • Aug 16, 2021

    Date

    Pending

    CRMLS: OC21133132

    $1,799,000

    Price

  • Jul 11, 2021

    Date

    Active Under Contract

    CRMLS: OC21133132

    $1,799,000

    Price

  • Jun 18, 2021

    Date

    Active

    CRMLS: OC21133132

    $1,799,000

    Price

  • December, 2019

  • Dec 2, 2019

    Date

    Expired

    CRMLS: OC19215677

    $1,650,000

    Price

  • Nov 14, 2019

    Date

    Price Change

    CRMLS: OC19215677

    $1,650,000

    Price

  • Oct 1, 2019

    Date

    Price Change

    CRMLS: OC19215677

    $1,750,000

    Price

  • Sep 9, 2019

    Date

    Active

    CRMLS: OC19215677

    $1,850,000

    Price

  • Listing provided courtesy of CRMLS

    Reduced $200K with a 5.2% Cap Rate! West Side Costa Mesa investment or redevelopment opportunity - 2 upgraded and updated single family detached homes on one lot. Both units are approximately 1750 sq. ft., both have 4 beds 3 full baths on an R2 medium density 11,700 sq. ft. lot. Front unit has been repainted, newer stainless steel appliances with granite counters in kitchen, baths are good condition with tiled and wood flooring, dual paned windows, and a 3 car attached garage. Rear unit was completely updated and upgraded with new laminate wood floors, all new remodeled bathrooms, new neutral paint, dual paned windows, and 3 reserved parking spaces. Long driveway for plenty of parking. Upgraded 100 Amp electric meter, copper plumbing in both homes. 2 separate addresses & all separate utility meters incl 2 water meters. Great location & close to beach/ocean, Costa Mesa Country Club, DMV, medical facilities, schools, local eateries, and parks. Easy access to 55, 73, & 405 freeways. Zoned R2 Medium Density with potential to build 3rd unit or redevelopment, please check with City of Costa mesa.

  • December, 2017

  • Dec 17, 2017

    Date

    Canceled

    CRMLS: OC17162599

    $1,599,000

    Price

  • Oct 31, 2017

    Date

    Active

    CRMLS: OC17162599

    $1,599,000

    Price

  • Sep 18, 2017

    Date

    Active Under Contract

    CRMLS: OC17162599

    $1,599,000

    Price

  • Jul 17, 2017

    Date

    Active

    CRMLS: OC17162599

    $1,599,000

    Price

  • Listing provided courtesy of CRMLS

    UPGRADED, 2 HOMES ON ONE LOT CASH COW WITH 5.4% CAP RATE! Rare 2 single family detached homes with each having 4 bed 3 baths on one lot. Both units are approximately 1750 sq. ft. both have actual 4 beds 3 full baths on an 11,700 sq. ft. lot. Front unit has been repainted, newer stainless steel appliances with granite counters in kitchen, baths are good condition with tiled and wood flooring, dual paned windows, and a 3 car attached garage. Rear unit was just completely updated and upgraded with new laminate wood floors, all new remodeled bathrooms, new neutral paint, dual paned windows, and 3 reserved parking spaces. Currently rented to a commercial tenant. Side & back yard great for entertaining. Long driveway for plenty of parking. Upgraded 100 Amp electric meter, copper plumbing in both homes. 2 separate addresses & all separate utility meters incl 2 hwater meters. Great location & close to Costa Mesa Country Club, DMV, medical facilities, schools, local eateries, and great parks. Easy access to freeway 55, 73, & 405. Zone R2 Medium Density. Potential to build 3rd unit. Buyers to verify with city. Buyer's must cooperate with Seller's 1031 exchange.

  • December, 2017

  • Dec 15, 2017

    Date

    Sold (Public Records)

    Public Records

    $1,460,000

    Price

  • March, 2017

  • Mar 22, 2017

    Date

    Sold (Public Records)

    Public Records

    $985,000

    Price

Show More

Tax History for 711 W Wilson St

Assessed Value (2020): $1,518,984
Year Land Value Improved Value Assessed Value
2020 $1,297,787 $221,197 $1,518,984

Home Value Compared to the Market

This property vs the competition

711 W Wilson St sold on October 8, 2021 for 38.38% higher than the current median sold price for the city of Costa Mesa which is $1,300,000. The median sold price per/sqft for Costa Mesa is $801 and this home is sold at $514 per/sqft which puts the price per square foot 35.83% lower than the current median sale per square foot for the city of Costa Mesa.

About 711 W Wilson St

Detailed summary of property

711 W Wilson St is a single family home that recently sold in Costa Mesa, CA 92627. This house offered 8 bedrooms, 6 bathrooms, roughly 3,500 living square feet, and sits on an approximately 11,761 square foot lot. 711 W Wilson St was first listed on ArdentRealEstateGroup.com on June 18, 2021. The homeowner sold the property for $1,710,000. Home in Costa Mesa are selling for a median price of $1,300,000 and a median price per square foot of $801. Based on Ardent Real Estate Group's Costa Mesa Market Data, this home is sold 38.38% higher than the current median priced home. Local homes that are currently for sale include 623 Cardiff Reef, 1984 Orange Ave and 20732 Spindrift Ln. While the average home in Costa Mesa, CA is selling in 43 days, 711 W Wilson St has a days on market of 23 days. 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 711 W Wilson 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 711 W Wilson St

Public county record property details
Beds
3
Baths
1
Year built
1922
Sq. Ft.
808
Lot Size
11,439
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
45
APN
422-175-04

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
$1,420,000
Median List Price/Sq.Ft.
$825
Median Sold Price
$1,070,000
Median Sold Price/Sq.Ft.
$855
Total Inventory
84
Median Sale to List Price %
99.17%
Avg Days on Market
20
Loan Type
Conventional (66.67%), FHA (0%), VA (0%), Cash (5.56%), Other (22.22%)

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Related Resources to 711 W Wilson St

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.