1826 Pomona Avenue

Costa Mesa, CA 92627

$4,400,000
Price
4
Beds
9
Baths
5,402 Sq. Ft.
$815 / Sq. Ft.
5,402
Sq. Ft.
$815
per Sq. Ft.

Description

Opportunity knocks in Costa Mesa, this investment property has 8 units all rented month to month with long term tenants. The location is quiet and private with plenty of parking. Managers quarters is a 3-bedroom 2 bath large walk-in-Closet and small office with its own private yard. Property has a very large courtyard and onsite laundry.Opportunity knocks in Costa Mesa, this investment property has 8 units all rented month to month with long term tenants. The location is quiet and private with plenty of parking. Managers quarters is a 3-bedroom 2 bath large walk-in-Closet and small office with its own private yard. Property has a very large courtyard and onsite laundry.
  1. Listed by Bill Maddox • DRE #01972575 • Brokerage DRE #00754454 • Farrell Smyth Real Estate • 805-215-0729

Property Details for 1826 Pomona Avenue

View
City Lights
Parking Spaces Total
12
Private Pool
No
Cooling Type
N/K
Total Units
8.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
5402
LISTING UPDATED: 11/01/2024 03:25 AM

Property Details for 1826 Pomona Avenue

StatusActive
MLS #SC24181647
Days on Market49
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1975
CountyOrange County

Building Information for 1826 Pomona Avenue

Building/Complex1826 Pomona AveFloor-Stories2Residences-Pet Policy-Year Built1975Building Size-

Property Information for 1826 Pomona Avenue

Rental Info
Rental Info
  • Tenant Pays: All Utilities
Income / Expense / Tax Details
Income Details
  • Gross Income: $150
  • Gross Scheduled Income: $203,712
  • Net Operating Income: $190,697
  • Laundry Income: $150
  • Current Financing: None
Expense Details
  • Operating Expense: $22,375
  • Gardener Expense: $150
  • Cable TV Expense: $0
  • Electric Expense: $125
  • Insurance Expense: $3,200
  • Professional Management Expense: $12,000
  • Trash Expense: $2,700
  • Water Sewer Expense: $4,200
  • Total Expenses: $22,375
Tax / Assessment Info
  • Tax Tract Number: 517
  • Tax Census Tract: 636.05
  • CFD/Mello-Roos Fee: $3,432
  • Tax Lot: 503
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Biking
Property / Structure Info
Interior Features
  • Interior Features: Balcony
  • Room Type: All Bedrooms Down, All Bedrooms Up
  • Bedroom Features: All Bedrooms Down, All Bedrooms Up
  • Laundry: Yes
  • Laundry Features: Common Area, Dryer Included
  • Laundry Equipment Own Lease: Own
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Flooring: Carpet, Laminate, Tile
Exterior Features
  • Construction Materials: Wood Siding
  • Exterior Construction: Wood Siding
  • Exterior: Wood
  • Exterior Features: Sump Pump
  • Roof: Clay
  • Entry Location: pomona
  • Fence: Yes
  • Fencing: Average Condition
  • Foundation Details: Slab
  • View Description: City Lights
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 6-10 Units/Acre
  • Direction Faces: North
  • Number Of Units: 8
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected
  • Electric: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Uncovered Spaces: 7
  • Open Other Spaces Total: 7
  • Parking Garage Spaces: 0
  • Carport Spaces: 5
  • Parking Features: Detached Carport
Unit Information
Unit 1
  • Unit Type Units Total: 7
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $14,276
  • Unit Type Total Rent: $14,376
  • Unit Type Pro Forma: 14376
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,600
  • Unit Type Total Rent: $2,600
  • Unit Type Pro Forma: 2600
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 8
  • Number With Refrigerator: 8

Property History for 1826 Pomona Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1826 Pomona Avenue

Taxable ValueLand$121,347Additions$520,381Total$641,728
Tax Record2024$10,458 ($871 / month)
Home Facts
Total Finished SqFt5,402 SqFtAbove Grade Finished SqFt5,402 SqFtStories2Lot Size20,798 SqFtStyleMulti-Family Res (5+ Units)Year Built1975CountyORANGEAPN424-241-42

Schools near 1826 Pomona Avenue

This home is within Newport-Mesa Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Everett A. Rea Elementary School
PublicK to 6

Horace Ensign Intermediate School
Public7 to 8

Newport Harbor High School
Public9 to 12

Monte Vista High School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1826 Pomona Avenue is a multi-family home for sale in Costa Mesa, CA 92627. This property was listed for sale on September 2, 2024 by Farrell Smyth Real Estate, it's currently listed at $4,400,000. This listing's school district is Newport-Mesa Unified School District. Nearby schools include Everett A. Rea Elementary School, Horace Ensign Intermediate School and Newport Harbor High School. 1826 Pomona Avenue is a 4-bed, 9-bath, 5,402 sqft multi-family home built in 1975.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Farrell Smyth Real Estate, Bill Maddox, DRE #01972575

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.