1 month on rocket

280 E 16th St, Costa Mesa, CA, 92627

$2,550,000

0 Baths
Multi
Schools Nearby

Location

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Property Highlights

Home TypeQuadruplex
Garage4 spaces
Year Built1964
MLS #NP24002007
Lot Size0.16 Acres
StatusActive

About 280 E 16th St

280 E. 16th St. (4plex) to be sold together with 282 E. 16th St. (duplex). WILL NOT BE SOLD SEPARATELY. Both properties well maintained with great rental history and leases in place. Two 2 bed 1 bath units. One lease ends in May 2024 another ends in September 2025. Two 1 bed 1 bath units, one currently available, one lease end September 2024. 3 single car garages in a separate stand alone structure, plus 3 uncovered parking spaces. 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. Pics tomorrow.

Property Details

Property Features

Property Information:

  • Year Built: 1964
  • Stories: 2

Listing Office:

  • Office Name: Newman Properties, Inc
  • Office Phone: (714) 504-1915
  • Listing Agent: Jeffrey Newman

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 4 spaces

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

School Info

Assigned Schools Information:

  • Newport Harbor High School, Public District Grades 9-12
  • Horace Ensign Intermediate School, Public District Grades 7-8
  • Newport Heights Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: Newport Blvd to 16th St., East to property address

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,550,000

Tax Information:

  • Annual Amount: $1,979
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Costa Mesa, CA.

Med. Sold Price

$1.2M

Med. Price/SqFt

$721

Avg. Days On Market

17

# of Sold Homes

45

280 E 16th St vs Costa Mesa

51 DAYS ON ROCKET

+34 Days

$2,550,000

+$1.2M More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price in Costa Mesa, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #NP24002007

Listing Office:

  • Office Name: Newman Properties, Inc
  • Office Phone: (714) 504-1915
  • Listing Agent: Jeffrey Newman

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 5:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,979$96,138
2020$1,960$95,153
2019$1,911$93,288
2018$1,911$91,459
2017$1,885$89,666

History based on county public records data.

Payment Calculator

$12.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,712

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2904406
7
/10
  • Newport Heights Elementary School

  • 300 E 15th St

  • 0.26 miles

  • Public District Grades KG-6

Middle School

school-card-donut-2904407
7
/10
  • Horace Ensign Intermediate School

  • 2000 Cliff Dr

  • 0.82 miles

  • Public District Grades 7-8

High School

school-card-donut-2904408
7
/10
  • Newport Harbor High School

  • 600 Irvine Ave

  • 0.63 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,611. The most common annual income of people living in Costa Mesa, CA is between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

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Rocket HomesCaliforniaOrange CountyCosta Mesa92627280 E 16th St

This home is located at 280 E 16th St in Costa Mesa, CA and zip code 92627 in the Eastside Costa Mesa neighborhood. This home, which was built in 1964, sits on a 0.16 acre lot. It has been listed on Rocket Homes since March 09, 2024 and is currently priced at $2,550,000.

While more than 26 listings in Costa Mesa, CA in March 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 13 were sold below. The number of homes for sale in Costa Mesa, CA increased by 5.7% between February 2024 and March 2024. While the average time on the market in March 2024 was 17 days, the median list price was $1,265,500.

From Rocket Homes Real Estate and based on county public records data.

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