681 Victoria St
Costa Mesa, CA 92627

Bd   — Ba   5,880 Sqft
641 Victoria Street is a great 7 unit investment opportunity with all units currently rented month-to-month and appear to be below market. Four units are townhouse with 2BR / 1.5 baths with private patios, two units (a 2 BR and a 3 BR) are ground floor units, and one unit is an upstairs 2BR unit. All units have separate gas & electric meters with tenants paying most of those expenses. Units have private rear areas. Costa Mesa zoning map shows the property is zoned R2-MD and the city shows the property lies in the Mesa West Residential Ownership Urban plan which allows an owner to rebuild the existing number of units even if the minimum lot size cannot be met under the current Residential Development Standards. There are two generous parking areas plus two single car garages. The south and west property lines have seen brand new developments built on the contiguous properties. Income shown in the Analysis Section is based on current actual. Actual annual income is $121,452 resulting in net operating income of $99,642.
  • Property Type: Multi Family
  • MLS#: OC16176396
  • MLS:
  • Listing Office: Fiduciary Real Estate Services
  • Listed By: Ruben Martinez
  • Movoto last checked CRMLS for new data 2 hours ago
  • CRMLS last updated this listing 6 months ago

Home Features for 681 Victoria Street , Costa Mesa

Year Built: 1964
Lot Size Acres: 0.41
Lot Size Square Feet: 18120
Lot Size Units: Square Feet
Lot Size Area: 18120
Price Per Square Foot: 331.46
Tax Lot: 38
Tax Tract Number: 9
Parcel Number: 42221106
Special Listing Conditions: Probate Listing
Standard Status: Closed
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Property History for 681 Victoria Street, Costa Mesa

Status
Date
Price
Sold
Dec 29, 2016
$1,949,000
Pending
Dec 5, 2016
Active Under Contract
Oct 7, 2016
Price Change
Aug 19, 2016
$2,100,000
Price Change
Aug 19, 2016
$21,000
Listed
Aug 9, 2016
$1,875,000
#OC16176396

Refinance Rates for 681 Victoria Street, Costa Mesa

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Real Estate Market Statistics for 681 Victoria Street, Costa Mesa

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681 Victoria Street

List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$2.1M

681 Victoria Street

$699K

Westside Costa Mesa

0% y/y

Westside Costa Mesa

$949K

92627

6% y/y

92627

$851K

Costa Mesa

2% y/y

Costa Mesa

See all trends for Costa Mesa
681 Victoria St is a multi family home located in 92627 in Costa Mesa, CA. It was last listed for $1,949,000, which is 105% above the current market median of $949,000 in 92627 and 129% above the market median of $851,025 in Costa Mesa. 681 Victoria St is approximately 5,880 square feet, which is 245% above the median size in Costa Mesa of 1,705 Sqft and 241% above the median size in 92627 of 1,722 square feet. This property's price per square foot was $331, which is 35% below the current median in 92627 of $507 and 30% below the Costa Mesa median of $474. As of today, , there are 91 properties listed for sale in ZIP code 92627 and 152 properties listed for sale in the city of Costa Mesa. Of those 152 properties, there are 111 single family houses and 41 condos.
Built in 1964, this multi family house at 681 Victoria St, Costa Mesa CA, 92627 is approximately 5,880 square feet and does not come with a parking spot. It was last listed with a cost per Sqft of $331. 681 Victoria St is located in the Westside Costa Mesa neighborhood in the Newport-Mesa Unified School District. The closest school is Everett A. Rea Elementary School.

681 Victoria St, Costa Mesa CA, 92627 was on the market for 142 days. The median days on the market for properties in this area is 38 with a median list price of $851,025 and median cost per square foot of $474. Its current status is sold under the MLS #OC16176396.

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