968 Mission Dr, Costa Mesa, CA 92626
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968 Mission Dr Costa Mesa, CA 92626

$1,415,000 Sold Price as of 04/17/2020
  • 6 Beds
  • 7 Baths
  • 4,062 Sq.Ft.
Sold
$1,415,000 Sold Price as of 04/17/2020 Refinance Your Mortgage

Map preview of 968 Mission Dr, Costa Mesa, CA 92626

Property Overview: 968 Mission Dr Costa Mesa, CA has 6 bedrooms, 7 bathrooms, 4,062 living square feet and 10,890 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This Costa Mesa four plex is a well maintained building with curb appeal. All units have garage parking with two units having two garages. The one open parking space is assigned to unit # 3. NEW roof in December 2017 with a NEW central water heater in January 2017. 2 New central heaters in unit # 2 - December 2019 & # 1 in January 2020. This building is comprised of : 1 - 3bedroom 2.5 bath unit: 1- 2bedroom 1.5 bath: 1- 1bedroom 1 bath unit, and one studio with 1 bath . The proforma rents listed are reflective and attainable if the units are to come vacant. Otherwise all rents may only be increased to the maximum rate of 5% plus CPI. Building has great freeway access to both the 405 & 55 freeway.

Listed by Laura Henshall | BRE #01091181 | CFG Investments
Last checked: 14 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft
10,890
HOA Dues
$0/mo
Year built
1964
Garage
6 Car
Property Type:
Multi Family
Status
Sold
MLS#
OC20028619
City
Costa Mesa
County
Orange
Time on Site
1539 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 5
  • # of Gas Meters: 4
  • # 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: $2,650
  • Total Rent: $2,650
  • Pro Forma/Market Rent: $2,650
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,620
  • Total Rent: $1,620
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,360
  • Total Rent: $1,360
  • Pro Forma/Market Rent: $1,625
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,215
  • Total Rent: $1,215
  • Pro Forma/Market Rent: $1,450
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $82,140
  • Net Operating Income: $99,999,999
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $9,999,999
  • Electric: $727
  • New Taxes: $15,950
  • Trash: $2,937
  • Insurance: $1,650
  • Water/Sewer: $1,992

Property Details for 968 Mission Dr

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: Landscaped
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 14166219
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Our property is located off of Baker at Mendoza. From the intersection of Baker & Mendoza head down Mendoza and turn left on Mission and proceed to the end of the street. The building is located at the turn in the road on the left side.
Neighborhood Information
  • Community Features: Suburban
View more facts & features

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Sale History for 968 Mission Dr

Last sold for $1,415,000 on April 17th, 2020
  • April, 2020

  • Apr 17, 2020

    Date

    Sold

    CRMLS: OC20028619

    $1,415,000

    Price

  • Feb 28, 2020

    Date

    Pending

    CRMLS: OC20028619

    $1,425,000

    Price

  • Feb 26, 2020

    Date

    Active

    CRMLS: OC20028619

    $1,425,000

    Price

  • Feb 13, 2020

    Date

    Pending

    CRMLS: OC20028619

    $1,425,000

    Price

  • Feb 11, 2020

    Date

    Active

    CRMLS: OC20028619

    $1,425,000

    Price

  • April, 2020

  • Apr 16, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,415,000

    Price

  • April, 2017

  • Apr 21, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 968 Mission Dr

Assessed Value (2020): $115,964
Year Land Value Improved Value Assessed Value
2020 $28,991 $86,973 $115,964

Home Value Compared to the Market

This property vs the competition

968 Mission Dr sold on April 17, 2020 for 9.62% 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 $350.81 per/sqft which puts the price per square foot 56.2% lower than the current median sale per square foot for the city of Costa Mesa.

About 968 Mission Dr

Detailed summary of property

968 Mission Dr is a multi family that recently sold in Costa Mesa, CA 92626. This multi family property offered 6 bedrooms, 7 bathrooms, roughly 4,062 living square feet, and sits on an approximately 10,890 square foot lot. 968 Mission Dr was first listed on ArdentRealEstateGroup.com on July 4, 2020. The homeowner sold the property for $1,415,000. 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 9.62% higher than the current median priced home. Local homes that are currently for sale include 756 N Shattuck Pl, 2321 E Omega Ave and 938 S Gilbuck Dr. While the average home in Costa Mesa, CA is selling in 43 days, 968 Mission Dr has a days on market of 5 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 968 Mission Dr 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 968 Mission Dr

Public county record property details
Beds
--
Baths
--
Year built
1964
Sq. Ft.
4,062
Lot Size
10,710
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
9
APN
141-662-19

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.
$783
Median Sold Price
$1,300,000
Median Sold Price/Sq.Ft.
$786
Total Inventory
64
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%)

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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.