165 Tulip Lane

Costa Mesa, CA 92627

$1,200,000
Last Sold Price
2
Beds
2
Baths
1,540 Sq. Ft.
$779 / Sq. Ft.
1,540
Sq. Ft.
$779
per Sq. Ft.

Description

Rare investment opportunity in prime Eastside Costa Mesa! 2 units consisting of one bedroom and one bathroom floor plans. Tenants at 165 Tulip benefit from the large living rooms, oversized bedrooms, and massive front lawn. Additionally, there is a large driveway offering plenty of parking and street parking. Several opportunities that can appeal to investors or owner-occupiers. only minutes away from the back bay trails, neighborhood parks, and great schools. Plenty of nearby shopping, entertainment,...Rare investment opportunity in prime Eastside Costa Mesa! 2 units consisting of one bedroom and one bathroom floor plans. Tenants at 165 Tulip benefit from the large living rooms, oversized bedrooms, and massive front lawn. Additionally, there is a large driveway offering plenty of parking and street parking. Several opportunities that can appeal to investors or owner-occupiers. only minutes away from the back bay trails, neighborhood parks, and great schools. Plenty of nearby shopping, entertainment, and restaurants on 17th St, as well as Triangle Square, Mother's Market, and a short distance to Newport Beach
  1. Listed by Anthony Connell • DRE #02126025 • Brokerage DRE #01469842 • Matthews Real Estate Investment Services
  2. Listed by David Harrington • DRE #01320460 • Brokerage DRE #01469842 • Matthews Real Estate Investment Services

Property Details for 165 Tulip Lane

Parcel Number
42613206
Total Units
2.0
Living Area
1540
Source Living Area
Other
Area
East Costa Mesa (C5)
Vacancy Rate
3
Lot Size Area
5663
Source Lot Size Area
Vendor Enhanced

Location

Listing Courtesy of Matthews Real Estate Investment Services, Anthony Connell, DRE #02126025; Matthews Real Estate Investment Services, David Harrington, DRE #01320460

Sold By Matthews Real Estate Investment Services, Anthony Connell, DRE #02126025

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LISTING UPDATED: 07/11/2022 09:27 AM

Property Details for 165 Tulip Lane

StatusSold
MLS #22-156035
Days on Market46
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1946
Lot Size0.13 AC / 5,663 SF
CountyOrange County

Location

Listing Courtesy of Matthews Real Estate Investment Services, Anthony Connell, DRE #02126025; Matthews Real Estate Investment Services, David Harrington, DRE #01320460

Sold By Matthews Real Estate Investment Services, Anthony Connell, DRE #02126025

Add your commute

Building Information for 165 Tulip Lane

Stories2Residences-Year Built1946Building Size-Lot Size0.13 AC / 5,663 SF

Payment Calculator

$7,715 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,549

Property Taxes

$1,166

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 165 Tulip Lane

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: 1+1
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $58,272
  • Net Operating Income: $40,922.00
  • Gross Income: $57,600
  • Gross Rent Multiplier: $21.68
  • Total Annual Expense: 17350
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Land Lease: No
  • Lot Acreage: 0.13
  • Lot Size Square Feet: 5663
  • Lot Size Dimensions: 101x56
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Driveway - Gravel
  • Total Parking: 0
  • Parking Features: Gravel
Interior Features
Interior Features
  • Cooling: None
  • Cooling Type: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 05-12-2022
  • Rent Control: No
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,300.00
  • Unit Actual Rent: $2,300.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $32,815.00
  • Assessed Improvement Percent: 4.52
  • Assessed Land Value: $693,334.00
  • Assessed Land Percent: 95.48
  • Assessed Total Value: $726,149.00

Property History for 165 Tulip Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 165 Tulip Lane

Taxable ValueLand$1,167,826Additions$32,174Total$1,200,000
Tax Record2023$13,998 ($1,166 / month)
Home Facts
Total Finished SqFt770 SqFtAbove Grade Finished SqFt770 SqFtStories2Lot Size5,769 SqFtStyleDuplexYear Built1946CountyORANGEAPN426-132-06

Schools near 165 Tulip Lane

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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Matthews Real Estate Investment Services, Anthony Connell, DRE #02126025; Matthews Real Estate Investment Services, David Harrington, DRE #01320460

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.