220 Monte Vista Avenue

Costa Mesa, CA 92627

$1,750,000
Last Sold Price
4
Beds
4
Baths
1,915 Sq. Ft.
$914 / Sq. Ft.
1,915
Sq. Ft.
$914
per Sq. Ft.

Description

The ideal income property with 3 freestanding structures and the curb appeal of one of the most charming single family streets in desirable Eastside Costa Mesa. The front cottage is a 3 bed, 2 bath remodeled home with newer fixtures, yet with all the charm in tact with timeless finishes. It enjoys its own front patio. The middle unit features a large 1-bedroom with vaulted ceilings and light filled living room and kitchen that surrounds a private interior courtyard. Both units have AC and individual...The ideal income property with 3 freestanding structures and the curb appeal of one of the most charming single family streets in desirable Eastside Costa Mesa. The front cottage is a 3 bed, 2 bath remodeled home with newer fixtures, yet with all the charm in tact with timeless finishes. It enjoys its own front patio. The middle unit features a large 1-bedroom with vaulted ceilings and light filled living room and kitchen that surrounds a private interior courtyard. Both units have AC and individual laundry. In the rear is the garage/studio apartment with two sets of French doors that open for an indoor/outdoor feel. The flagstone paved and lushly landscaped side yard functions as promenade, garden and communal space. Adjacent to the rear studio is additional shared yard and storage. Generating excellent income and low turnover, this is a fantastic investment for a 1031 exchange candidate, an owner-user, or for your first foray into owning rental property. Nearby shady Brentwood Park with tot lot, Back Bay trails, 17th Street retail, Mariners Branch Library, tennis & basketball courts, freeway & beach access, and major employment centers make this one of the most coveted locations for renters.

Listing Agent

  1. Grant Bixby

    Grant Bixby

    Listing Agent

    Compass

    DRE #01364572

Property Details for 220 Monte Vista Avenue

Architectural Style
Bungalow, Ranch
View
None
Parking Spaces Total
3
Private Pool
No
Cooling Type
Central Forced Air, Other/Remarks
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor

Location

Listing Courtesy of Compass, Grant Bixby, DRE #01364572

Sold By Viking Real Estate and Inv., John Zarvos, DRE #00558652

Add your commute
LISTING UPDATED: 02/12/2021 12:56 AM

Property Details for 220 Monte Vista Avenue

StatusClosed
MLS #NP21006350
Days on Market9
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1963
Lot Size0.15 AC / 6,750 SF
CountyOrange County

Location

Listing Courtesy of Compass, Grant Bixby, DRE #01364572

Sold By Viking Real Estate and Inv., John Zarvos, DRE #00558652

Add your commute

Building Information for 220 Monte Vista Avenue

Stories1Residences-Year Built1963Building Size-Lot Size0.15 AC / 6,750 SF

Payment Calculator

$11,279 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,550

Property Taxes

$1,729

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 220 Monte Vista Avenue

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Telephone
Income / Expense / Tax Details
Income Details
  • Gross Income: $90,300
  • Gross Scheduled Income: $90,300
  • Net Operating Income: $71,068
  • Financing: Cash
Expense Details
  • Operating Expense: $19,232
  • New Taxes Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,600
  • Trash Expense: $0
  • Water Sewer Expense: $451
  • Total Expenses: $19,232
Tax / Assessment Info
  • Tax Tract Number: 300
  • Tax Census Tract: 631.02
  • Tax Lot: 121
Community / Development
Community / Development
  • Community Features: Biking, Hiking, Gutters, Park, Storm Drains, Street Lights, Suburban
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Cooktop, Gas Water Heater, Tankless Water Heater
  • Equipment: Dishwasher, Other
  • Interior Features: Cathedral Ceiling(s), Stone Counters
  • Room Type: All Bedrooms Down, Main Floor Bedroom, Main Floor Master Bedroom
  • Bedroom Features: All Bedrooms Down, Main Floor Bedroom, Main Floor Master Bedroom
  • Water Heater Features: Gas, Tankless
  • Water Heater Type: Gas, Tankless
  • Laundry: Yes
  • Laundry Features: See Remarks
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air, See Remarks
  • Heating Type: Forced Air
  • Heating: Central, Forced Air
  • Heat Equipment: Forced Air Unit
  • Flooring: Tile, Wood
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Construction Materials: Brick, Stucco
  • Exterior Construction: Brick, Stucco
  • Exterior: Brick, Stucco
  • Roof: Composition
  • Fence: Yes
  • Fence: Vinyl, Wood
  • Fencing: Vinyl, Wood
  • Foundation Details: Raised, Slab
  • Property Condition: Turnkey, Updated/Remodeled
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Back Yard, Front Yard, Garden, Landscaped, Rectangular Lot, Level, Park Nearby, Sprinkler System, Treed Lot, Yard
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: One
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage: Assigned, Driveway, On street
  • Uncovered Spaces: 3
  • Open Other Spaces Total: 3
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Assigned, Driveway, Street
Property / Structure Info
  • Builders Tract Name: Eastside South
  • Builders Tract Code: Eastside South (ESCM)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $3,375
  • Unit Type Total Rent: $3,375
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,400
  • Unit Type Total Rent: $2,400
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,750
  • Unit Type Total Rent: $1,750
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 220 Monte Vista Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 220 Monte Vista Avenue

Taxable ValueLand$1,716,660Additions$104,040Total$1,820,700
Tax Record2023$20,751 ($1,729 / month)
Home Facts
Total Finished SqFt1,250 SqFtAbove Grade Finished SqFt1,250 SqFtStories1Lot Size6,768 SqFtStyleMulti-Family Dwelling (2-4)Year Built1963CountyORANGEAPN439-181-06Fireplace TypeHas Fireplace

Schools near 220 Monte Vista Avenue

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 Compass, Grant Bixby, DRE #01364572

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.