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Sold for $3,800,000
  • Listed by: Gould Group Inc • Nick Gould • Contact: 949-996-7976
    Bought with: Gould Group Inc
    $3,800,000

    1012 & 1018 Mission Dr, Costa Mesa, CA 92626

    16beds
    16baths
    9,402sqft
    Multi Family
    Built in 1964
    -- sqft lot
    $3,405,100 Zestimate®
    $404/sqft
    $3,321 Estimated rent

    Home value

    $3,405,100

    $2.96M - $3.92M

    $3,321/mo

    Zestimate® history
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    What's special

    Welcome to 1012 & 1018 Mission Drive in the Mesa Del Mar enclave of Costa Mesa. These adjacent four-unit apartment buildings showcase an array of 2-bedroom/1.5-bathroom townhouse-style units, each accompanied by its own private yard. With an average unit size of approximately 1,175 square feet, these residences epitomize comfortable living. The property boasts a substantial community courtyard nestled between the two buildings. Notably, the seller has recently renovated four of the eight units since 2021, creating an attractive prospect for savvy investors to enhance the remaining four units and leverage competitive market rents. Tenants are offered garages and off-street parking, along with dedicated laundry rooms within each building. The strategic location of the property ensures easy accessibility to the best of Costa Mesa, including renowned destinations such as South Coast Plaza, The Camp, The LAB, and the Harbor Blvd shopping corridor. Additionally, tenants enjoy seamless connectivity with quick access to major freeways, including the 405, 55, and 73 Freeways. This property not only promises a secure investment but also positions itself as an inviting residential haven at the heart of Costa Mesa's vibrant offerings.

    Zillow last checked:

    Listing updated:

    Listed by:

    Nick Gould DRE #01521955 ng@gouldgroupinc.com,

    Gould Group Inc

    Bought with:

    Nick Gould, DRE #01521955

    Gould Group Inc

    Source: CRMLS,MLS#: NP24059586MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 16
    • Bathrooms: 16
    Heating
    • Wall Furnace
    Cooling
    • None
    Appliances
    • Laundry: Common Area
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 9,402
    • Total interior livable area: 9,402 sqft

    Property

    Parking
    • Total spaces: 14
    • Parking features: Assigned, Garage, Off Street, Private
    • Garage spaces: 8
    • Uncovered spaces: 6
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    • Fencing: Block
    • Has view: Yes
    • View description: None
    Lot
    • Size: 0.33 Acres
    • Features: 6-10 Units/Acre
    Details
    • Additional parcels included: 14166207
    • Parcel number: 14166208
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1964

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Biking, Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks
    Location
    • Region: Costa Mesa

    Financial & listing details

    • Price per square foot: $404/sqft
    • Date on market: 3/25/2024
    • Cumulative days on market: 87 days
    • Listing terms: Cash,Cash to New Loan
    • Tenant pays: Electricity, Gas
    • Road surface type: Alley Paved

    Price history

    DateEventPrice
    10/3/2024Sold$3,800,000-14.6%$404/sqft
    Source: CRMLS #NP24059586 Report a problem
    6/27/2024Pending sale$4,450,000$473/sqft
    Source: CRMLS #NP24059586 Report a problem
    6/21/2024Contingent$4,450,000$473/sqft
    Source: CRMLS #NP24059586 Report a problem
    3/26/2024Listed for sale$4,450,000$473/sqft
    Source: CRMLS #NP24059586 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 92626

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,405,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,405,100