Sold for $3,380,000

Listed by: Marterra Real Estate • Daniel Morgan • Contact: 949-432-5054

Bought with: Marterra Real Estate

Tax assessed value

$3,380,000

2168 Placentia Ave, Costa Mesa, CA 92627

12beds

8baths

5,280sqft

Multi Family

Built in 1961

-- sqft lot

$-- Zestimate^®

$640/sqft

$6,924 Estimated rent

Home value

Not available

Estimated sales range

Not available

$6,924/mo

Zestimate^® history

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$6,924/mo

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$6,924/mo

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$21,109/mo

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$21,109/mo

Est. payment

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What's special

Welcome to 2168 Placentia in Costa Mesa - the Capital of Cool. Two newly constructed additional units added in 2023, each with 2 bedrooms, 2 baths, in-unit laundry, paid off solar panels and attached garages and are separately metered. The other four units have all been renovated with new kitchens, bathrooms, flooring, re-piped with pex, upgraded electrical and subpanels. A new roof is currently being replaced on one of the buildings. The location benefits from being within a Measure K corridor and adjacent to a Qualified Opportunity Zone. Located close to desirable retail, shopping, bike and walkability, and Orange County's best beaches.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 12
Bathrooms: 8

Rooms

Room types: Bedroom, Kitchen, Laundry, Living Room, Primary Bedroom

Primary bedroom

Features: Main Level Primary

Bedroom

Features: All Bedrooms Down

Bedroom

Features: Bedroom on Main Level

Heating

Wall Furnace

Cooling

None

Appliances

Included: Gas Range, Refrigerator
Laundry: Inside

Features

Recessed Lighting, All Bedrooms Down, Bedroom on Main Level, Main Level Primary
Flooring: Tile, Vinyl
Windows: Double Pane Windows
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 1 Common Wall,No One Above,No One Below

Interior area

Total structure area: 5,280
Total interior livable area: 5,280 sqft

Property

Parking

Total spaces: 6
Parking features: Assigned, Driveway Up Slope From Street, Garage
Garage spaces: 6

Features

Levels: One
Stories: 1
Entry location: 1
Pool features: None
Spa features: None
Fencing: Wood
Has view: Yes
View description: None

Lot

Size: 0.4 Acres
Features: Rectangular Lot

Details

Parcel number: 42241236
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Foundation: Slab
Roof: Shingle

Condition

Additions/Alterations,Updated/Remodeled,Turnkey
New construction: No
Year built: 1961

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Community & HOA

Community

Features: Street Lights, Sidewalks
Security: Carbon Monoxide Detector(s), Smoke Detector(s)

Location

Region: Costa Mesa

Financial & listing details

Price per square foot: $640/sqft
Tax assessed value: $3,380,000
Annual tax amount: $39,342
Date on market: 2/10/2024
Cumulative days on market: 9 days
Listing terms: Cash,Cash to New Loan,1031 Exchange
Inclusions: All seller owned appliances
Road surface type: Paved

Price history

Date	Event	Price
3/27/2026	Listing removed	$3,200$1/sqft
Source: Zillow Rentals Report a problem
3/9/2026	Listed for rent	$3,200$1/sqft
Source: Zillow Rentals Report a problem
12/20/2024	Sold	$3,380,000+12.7%$640/sqft
Source: Public Record Report a problem
5/6/2024	Sold	$3,000,000-3.2%$568/sqft
Source: CRMLS #NP24029247 Report a problem
2/20/2024	Contingent	$3,100,000$587/sqft
Source: CRMLS #NP24029247 Report a problem
2/11/2024	Listed for sale	$3,100,000+138.5%$587/sqft
Source: CRMLS #NP24029247 Report a problem
8/21/2020	Sold	$1,300,000$246/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$39,342 +94%	$3,380,000 +112.3%
2024	$20,284 +3.3%	$1,591,812 +2%
2023	$19,630 +1.9%	$1,560,600 +2%
2022	$19,272 -35.5%	$1,530,000 +2%
2021	$29,867 +710.5%	$1,500,000 +937.3%
2020	$3,685	$144,607 +2%
2019	$3,685 +2.6%	$141,772 +2%
2018	$3,590 +3.3%	$138,993 +2%
2017	$3,475	$136,268 +2%
2016	$3,475 +1.4%	$133,597 +1.5%
2015	$3,427 +2.6%	$131,591 +2%
2014	$3,338	$129,014 +0.5%
2013	--	$128,431 +2%
2012	--	$125,913 +2%
2011	--	$123,445 +0.8%
2010	--	$122,523 -0.2%
2009	--	$122,815 +2%
2008	--	$120,407 +2%
2007	--	$118,047 +2%
2006	--	$115,733 +2%
2005	--	$113,464 +2%
2004	--	$111,240 +1.9%
2003	--	$109,202 +2%
2002	--	$107,061 +2%
2001	$2,096 +3.8%	$104,962 +2%
2000	$2,021	$102,904