237 Costa Mesa Street

Costa Mesa, CA 92627

$1,900,000
Last Sold Price
6
Beds
3
Baths
2,160 Sq. Ft.
$880 / Sq. Ft.
2,160
Sq. Ft.
$880
per Sq. Ft.

Description

Welcome to this well-maintained Eastside Costa Mesa triplex that is only 3 miles from the beach! This triplex consists of 3 units that are 2 Bedroom, 1 Bathroom, and approximately 700 sqft. Each unit has an individual outdoor space and a 1 car garage. Tenants have access to a coin operated laundry room. All units are currently rented. Whether you're looking to expand your real estate portfolio, or seeking a property that promises consistent rental income this triplex is a remarkable find that balances...Welcome to this well-maintained Eastside Costa Mesa triplex that is only 3 miles from the beach! This triplex consists of 3 units that are 2 Bedroom, 1 Bathroom, and approximately 700 sqft. Each unit has an individual outdoor space and a 1 car garage. Tenants have access to a coin operated laundry room. All units are currently rented. Whether you're looking to expand your real estate portfolio, or seeking a property that promises consistent rental income this triplex is a remarkable find that balances comfortable living spaces with an unbeatable location.
  1. Listed by Francesco Paonessa • DRE #01914784 • Brokerage DRE #02022092 • Real Broker • 714-421-5536

Property Details for 237 Costa Mesa Street

Parking Spaces Total
6
Private Pool
No
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2160
Assessor Parcel Number
426-271-12
Property Attached YN
false
LISTING UPDATED: 11/29/2024 12:44 AM

Property Details for 237 Costa Mesa Street

StatusClosed
MLS #OC24199677
Days on Market21
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1954
Lot Size0.20 AC / 8,712 SF
CountyOrange County

Building Information for 237 Costa Mesa Street

Stories1Residences-Year Built1954Building Size-Lot Size0.20 AC / 8,712 SF

Property Information for 237 Costa Mesa Street

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $82,760
  • Gross Scheduled Income: $80,760
  • Gross Operating Income: $82,760
  • Net Operating Income: $79,760
  • Laundry Income: $2,000
  • Financing: Conventional
Expense Details
  • Operating Expense: $3,000
  • Gardener Expense: $1,500
  • Fuel Expense: $300
  • Insurance Expense: $0
  • Trash Expense: $360
  • Water Sewer Expense: $840
  • Total Expenses: $3,000
Tax / Assessment Info
  • Tax Tract Number: 516
  • Tax Census Tract: 632.02
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 173
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Individual Room
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Uncovered Spaces: 3
  • Open Other Spaces Total: 3
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Eastside Central
  • Builders Tract Code: Eastside Central (ECCM)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,080
  • Unit Type Total Rent: $2,080
  • Unit Type Pro Forma: 2900
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,500
  • Unit Type Total Rent: $2,500
  • Unit Type Pro Forma: 2900
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,150
  • Unit Type Total Rent: $2,150
  • Unit Type Pro Forma: 2900
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 237 Costa Mesa Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 237 Costa Mesa Street

Taxable ValueLand$244,334Additions$94,191Total$338,525
Tax Record2024$5,801 ($483 / month)
Home Facts
Total Finished SqFt2,160 SqFtAbove Grade Finished SqFt2,160 SqFtStories2Lot Size8,813 SqFtStyleTriplexYear Built1954CountyORANGEAPN426-271-12

Schools near 237 Costa Mesa Street

This home is within Newport-Mesa Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 2
Public - 3 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Woodland Elementary School
PublicK to 2

Heinz Kaiser Elementary School
Public3 to 6

Horace Ensign Intermediate School
Public7 to 8

Newport Harbor High School
Public9 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

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Similar Sold Homes

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Listing Courtesy of Real Broker, Francesco Paonessa, DRE #01914784

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.