282 East 16th Street

Costa Mesa, CA 92627

$2,250,000
Price
2
Beds
2
Baths
2,000 Sq. Ft.
$1,125 / Sq. Ft.
2,000
Sq. Ft.
$1,125
per Sq. Ft.

Description

282 E. 16th St. (duplex) to be sold together with 280 E. 16th St. (4plex). Will not be sold separately. Both properties well maintained, great rental history. Both units in duplex are month to month. 2 bedrooms, 1 bath, 2 single car garages. One garage per unit. Property shows excellent pride of ownership. Great opportunity for upside in rents or develop both properties. All units are in good condition with some recent upgrades. Eastside is one of the most sought after locations in Costa Mesa and...282 E. 16th St. (duplex) to be sold together with 280 E. 16th St. (4plex). Will not be sold separately. Both properties well maintained, great rental history. Both units in duplex are month to month. 2 bedrooms, 1 bath, 2 single car garages. One garage per unit. Property shows excellent pride of ownership. Great opportunity for upside in rents or develop both properties. All units are in good condition with some recent upgrades. Eastside is one of the most sought after locations in Costa Mesa and Newport Beach. Close to beach, shopping, parks, schools, and freeway access. Come live the good life; live in one, rent the rest.
  1. Listed by Jeffrey Newman • DRE #01164496 • Brokerage DRE #01390761 • Newman Properties, Inc • 714-504-1915

Property Details for 282 East 16th Street

Architectural Style
Mid Century Modern
Parking Spaces Total
3
Private Pool
No
Cooling Type
N/K
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2000

Location

Listing Courtesy of Newman Properties, Inc, Jeffrey Newman, DRE #01164496
Add your commute
LISTING UPDATED: 03/14/2024 08:24 AM

Property Details for 282 East 16th Street

StatusActive
MLS #NP24002081
Days on Market50
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1963
Lot Size0.16 AC / 6,782 SF
CountyOrange County

Location

Listing Courtesy of Newman Properties, Inc, Jeffrey Newman, DRE #01164496
Add your commute

Building Information for 282 East 16th Street

Stories1Residences-Year Built1963Building Size-Lot Size0.16 AC / 6,782 SF

Payment Calculator

$12,279 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,279

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 282 East 16th Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $36,000
  • Net Operating Income: $33,000
Expense Details
  • Operating Expense: $3,000
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,200
  • Trash Expense: $600
  • Water Sewer Expense: $1,200
  • Total Expenses: $3,000
Tax / Assessment Info
  • Tax Tract Number: 251
  • Tax Census Tract: 633.01
  • CFD/Mello-Roos Fee: $835
  • Tax Lot: 9
Community / Development
Community / Development
  • Accessibility Features: Parking
  • Disability Access: Other Main Level Modifications
  • Community Features: Biking, Curbs, Dog Park, Golf, Gutters, Park, Sidewalks, Street Lights, Suburban
Property / Structure Info
Interior Features
  • Appliances: Built-In Range, Electric Oven, Freezer, Gas Cooktop, Gas Water Heater
  • Equipment: Freezer, Gas Dryer Hookup, Gas Or Electric Dryer Hookup, Inside, Room
  • Interior Features: Ceiling Fan(s), Formica Counters, Pantry, Storage, Track Lighting, Wired for Data
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room
  • Bedroom Features: All Bedrooms Down
  • Water Heater Features: Gas
  • Water Heater Type: Gas
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Gas Dryer Hookup, Individual Room, Inside
  • Fireplace Features: Living Room, Gas, Wood Burning, Raised Hearth
  • Fireplace Rooms: Gas, Living Room, Raised Hearth
  • Cooling: None
  • Heating Type: Natural Gas
  • Heat Source: Natural Gas
  • Heating: Fireplace(s), Natural Gas
  • Heat Equipment: Fireplace
  • Flooring: Carpet, Laminate, Tile
Exterior Features
  • Door Features: Sliding Doors
  • Window Features: Blinds, Drapes, Screens
  • Construction Materials: Drywall Walls, Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Exterior Features: Awning(s), Lighting, Rain Gutters
  • Roof: Composition
  • Entry Location: Ground
  • Fence: Yes
  • Fence: Privacy
  • Fencing: Good Condition, Privacy
  • Foundation Details: Slab
  • Property Condition: Updated/Remodeled
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre, Back Yard, Garden, Landscaped, Park Nearby, Sprinkler System, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Yard
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Alley Paved, Paved
  • Road Frontage Type: City Street
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Not Available, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Electric: Electricity - On Property, Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Garage
  • Uncovered Spaces: 1
  • Open Other Spaces Total: 1
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Garage
Unit Information
Unit 1
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 1
  • Unit Type Actual Rent: $1,500
  • Unit Type Total Rent: $3,000
  • Unit Type Pro Forma: 5300
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Property History for 282 East 16th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 282 East 16th Street

This home is within Newport-Mesa Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Newport Heights Elementary School
PublicK to 6

Horace Ensign Intermediate School
Public7 to 8

Newport Harbor High School
Public9 to 12

Monte Vista High School
PublicK 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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282 East 16th Street is a multi-family home for sale in Costa Mesa, CA 92627. This property was listed for sale on March 8, 2024 by Newman Properties, Inc, it's currently listed at $2,250,000. This listing's school district is Newport-Mesa Unified School District. Nearby schools include Newport Heights Elementary School, Horace Ensign Intermediate School and Newport Harbor High School. 282 East 16th Street is a 2-bed, 2-bath, 2,000 sqft multi-family home built in 1963.

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 Newman Properties, Inc, Jeffrey Newman, DRE #01164496

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.