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Magnum Realty Services

Mark E. Cestaric
Real Estate Broker
714-606-9491
MarkeCestaric@gmail.com
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DRE#: 009883926

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Listing 18 out of 24
Sold for $1,551,030 Sold

163 Magnolia Street
Costa Mesa, CA 92627

2 units | Multi Family Home
6534 sq ft lot - MLS# NP19121756
Property Photo

Sold

Sold for $1,551,030 on Sep 17, 2019

Description

This highly desirable Eastside Costa Mesa duplex boasts a convenient location near Triangle Square & 17th St, offering easy access to popular shopping, dining and amenities as well as high rents for the investor/owner.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Closed
  • Listing Price: $1,599,000
  • Zip Code: 92627
  • Year Built: 1945
  • Subdivision/Neighborhood: Eastside South (Escm)
  • Style: Cottage
  • Stories: One,Two
  • Units: 2 units
  • # of Parking Spaces: 6.00
  • Fireplace: Living Room, Yes
  • Lot Size: 6534 sq ft lot
  • View: Neighborhood, Yes
  • Area: C5 - East Costa Mesa
  • Appliances: Electric Oven, Gas Oven, Gas Range, Refrigerator
  • Appliances YN: Yes
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 3303.00
  • Building Area Units: Square Feet
  • Co-Listing Agent License: 02033782
  • Co-Listing Office License: 01767484
  • Community Features: Biking, Curbs, Dog Park, Hiking, Gutters, Park, Sidewalks, Street Lights
  • Country: US
  • Directions: Magnolia St. & Fullerton Ave.
  • Flooring: Carpet, Tile, Wood
  • Garage Spaces: 3.00
  • Gardener Expense: 1200.00
  • Gross Income: 95448.00
  • Gross Scheduled Income: 95448.00
  • Heating: Wall Furnace
  • Heating YN: Yes
  • Insurance Expense: 3000.00
  • Interior Features: Tile Counters
  • Laundry Features: In Garage, Individual Room
  • Laundry YN: Yes
  • Listing Agent License: 01758057
  • Listing Office License: 01767484
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Area: 6534.0000
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Maintenance Expense: 12500.00
  • Net Operating Income: 61645.00
  • New Taxes Expense: 16803.00
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Operating Expense: 33803.00
  • Operating Expense Percent: 35.40
  • Roof: Shingle
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom
  • Selling Agent: Brian Wollner
  • Selling Agent License: 01889264
  • Selling Office: Coldwell Banker Res Brokerage
  • Selling Office License: 00616212
  • Sewer: Public Sewer
  • Stories Total: 2
  • Total Actual Rent: 5000.00
  • Total Expenses: 33803.00
  • Trash Expense: 300.00
  • Uncovered Spaces: 3.00
  • Water Source: Public
  • Year Built Source: Public Records
  • Sold Date: 2019-09-17
  • Sold Price: 1551030.00
Courtesy of Pacific Sotheby's Int'l Realty, Joe Deperine

Mark E. Cestaric
Costa Mesa, CA 92626
Phone: 714-606-9491
Email: markecestaric@gmail.com

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